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Daily Headlines
CSX to release 2Q 2015 financial information on July 15
(Source: CSX press release, June 17, 2015) JACKSONVILLE, Fla. — CSX Corporation will release second-quarter financial and operating results on Tuesday, July 14, 2015, after the market close. The company will host an earnings conference call from 8:30 a.m. to 9:30 a.m....
Louisville & Indiana, CSX close on joint infrastructure upgrade project between Indianapolis and Louisville
(Source: L&I and CSX press release, June 19, 2015) CHICAGO, Ill. and JACKSONVILLE, Fla. — Louisville & Indiana Railroad (L&I), a subsidiary of Anacostia Rail Holdings, and CSX today announced the completion of an agreement that grants CSX a permanent easement to...
Booker/Wicker bill makes passenger rail funding plot thicker
(Source: Railway Age, June 19, 2015) NEW YORK — U.S. Senators Cory Booker (D-N.J.) and Roger Wicker (R-Miss.) introduced the “Railroad Reform, Enhancement, and Efficiency Act” on June 19, 2015. The senators say the bill is written to “improve passenger rail safety,...
AAR: Total weekly rail traffic down 1.9 percent from 2014 levels for week ending June 13
(Source: Association of American Railroads press release, June 17, 2015) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending June 13, 2015. For this week, total U.S. weekly rail traffic was 554,461...
BNSF charging lower rates for most-modern crude by rail cars
(Source: Bloomberg, June 16, 2015) NEW YORK — Burlington Northern Santa Fe, the largest U.S. crude-by-rail carrier, is offering lower rates to transport oil in cars that meet the latest federal specifications issued in May. That means the vast majority of cars riding...
Feds want rail transit agencies and states to pay more to maintain Northeast Corridor
(Source: Philadelphia Inquirer, June 18, 2015) PHILADELPHIA — Northeast states and transit agencies - including SEPTA and NJ Transit - are being asked to pay more to maintain the heavily traveled rail corridor between Washington and Boston that they share with Amtrak....
Editorial: Amtrak’s Philadelphia crash is a warning to Congress
(Source: Pittsburgh Post-Gazette, June 19, 2015) PITTSBURGH, Pa. — Despite the need for critical investment in railway infrastructure, the Republican-controlled U.S. House has passed legislation that would cut Amtrak’s budget by $242 million. The schism between...
Union Pacific furloughing some train crew employees
(Source: Television station KOTA, June 19, 2015) OMAHA, Neb. — UP spokesman Mark Davis tells KOTA Territory News about 900 employees throughout the company will be furloughed or placed in alternative work status. Davis said the company is not releasing any figures...
BNSF must reinstate injured conductor and pay $536,000 in damages for retaliation
(Source: U.S. Department of Labor Occupational Safety & Health Administration (OSHA) press release, June 17, 2015) SEATTLE — North America's second-largest freight railroad, Burlington Northern Santa Fe LLC, must reinstate a train conductor and pay the man $536,063 in...
RRB issuing statements of service, Form BA-6
(Source: U.S. Railroad Retirement Board press release, May 29, 2015) CHICAGO — Each year, the U.S. Railroad Retirement Board (RRB) prepares a "Certificate of Service Months and Compensation" (Form BA-6) for every railroad employee who had creditable railroad...
