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Daily Headlines

New oil train rule makes tank cars safer, but not the cargo they carry

(Source: Seattle Post-Intelligencer, May 1, 2015) SEATTLE, Wash. — The U.S. Department of Transportation released long awaited safety rules for oil trains on May 1, with delayed standards for safer tank cars and no requirement that the fuel inside be processed to...

DOT issues new rules for oil trains

(Source: Politico, May 1, 2015) WASHINGTON, D.C. — The Obama administration imposed tougher safety regulations Friday for trains carrying crude oil, responding to growing alarm about a series of fiery derailments that killed dozens of people in a small Canadian town...

Amtrak’s Hoosier State train forging ahead

(Source: Lafayette Journal & Courier, April 30, 2015) LAFAYETTE, Ind. — For a fourth time, Amtrak and the Indiana Department of Transportation announced they’ve extended an agreement to operate the Hoosier State passenger rail line. Full story: www.jconline.com

Editorial: Southwest Chief picking up steam

(Source: Pueblo Chieftain, April 30, 2015) PUEBLO, Colo. — After a disappointing budget process, it’s nice to see that members of the Southwest Chief Commission are not letting necessary repairs get derailed. Full story: Pueblo Chieftain

CP Rail CEO says shareholder activism ‘overdue’ at U.S. rivals

(Source: Reuters, April 21, 2015) TORONTO — Shareholder activism is "long overdue" at some major U.S. railways, Canadian Pacific Railway Ltd Chief Executive Hunter Harrison said in an interview on Tuesday, after several U.S. competitors reported disappointing...

BNSF raises rates for shipping grain

(Source: Billings Gazette, April 30, 2015) BILLINGS, Mont. — For the first time in two years, the price to ship Montana wheat by rail is going up. Burlington Northern Sante Fe will increase tariff rates Friday after suspending rate increases in 2013. The announced...

Video: CEO says BNSF poised to turn around ‘crummy’ year

(Source: CNBC, May 1, 2015) NEW YORK — Burlington Northern Railroad has put investments in place to keep pace with growing shipments of crude oil and make up for a "crummy" year in 2014, Executive Chairman Matthew Rose said on Friday. Full story and video: CNBC

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