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Daily Headlines
Aventine ships first BNSF unit-train of ethanol from Aurora
(Source: Biofuels Digest, April 23, 2015) CHICAGO — In Illinois, Aventine Renewable Energy announced its first BNSF unit-train shipment of ethanol produced at its two ethanol facilities in Aurora, Nebraska. On April 19 Aventine’s first unit train pulled out of Aurora...
Freight train collides near Roswell, one dead
(Source: Albuquerque Journal, April 28, 2015) ALBUQUERQUE, N.M. — Two freight trains collided head-on just after 6 a.m. Tuesday about 10 miles southeast of Roswell, killing one person, injuring another and derailing locomotives and freight cars. Crew member Jesse T....
Hoffa: Latest trade push is a War on Workers
(Source: Huffington Post column by Teamsters General President James P. Hoffa, April 28, 2015) NEW YORK — Manufacturing jobs have been the backbone of the American workforce. During the heyday of U.S. middle-class growth in the mid-20th century, millions toiled at...
FRA okays $1 billion loan for PTC projects at Metro-North, LIRR
(Source: Progressive Railroading, April 27, 2015) The Federal Railroad Administration (FRA) has approved a $967.1 million loan for the Metropolitan Transportation Authority (MTA) to implement positive train control (PTC) on Long Island Rail Road (LIRR) and Metro-North...
Railroad unions urge tougher rules on tracks
(Source: Philadelphia Inquirer, April 26, 2015) PHILADELPHIA — Tougher inspection and maintenance standards for railroad tracks could prevent dangerous derailments of trains carrying explosive crude oil, officials of the rail inspectors' union say. Full story:...
NTSB: CTA O’Hare accident caused by fatigue, misplaced track braking system
(Source: National Transportation Safety Board press release, April 28, 2015) WASHINGTON, D.C. — The National Transportation Safety Board today determined that operator fatigue caused the 2014 Chicago Transit Authority accident at O’Hare station. Additionally, CTA did...
Norfolk Southern net profit falls in 1Q 2015
(Source: Reuters, April 29, 2015) CHICAGO — Norfolk Southern Corp. on Wednesday reported a lower quarterly net profit, driven by a drop in coal volumes as utilities burned more lower-cost natural gas and U.S. exporters were hurt by the strong dollar. Full story:...
Union Pacific bullish on U.S. economy, CEO says
(Source: Omaha World-Herald, April 24, 2015) OMAHA, Neb. — Union Pacific Railroad is bullish on the U.S. economy and its own prospects, said Chief Executive Lance Fritz, even after a drop in first-quarter freight volume motivated modest cuts in hiring and capital...
Norfolk Southern reports first-quarter 2015 results
(Source: Norfolk Southern press release, April 29, 2015) NORFOLK, Va. — NORFOLK, Va., April 29, 2015 – Norfolk Southern Corporation (NYSE: NSC) today reported financial results for first-quarter 2015. Net income for the quarter was $310 million, 16 percent lower...
Union Pacific reports 1Q 2015 results
(Source: Union Pacific press release, April 23, 2015) OMAHA, Neb. — Union Pacific Corporation today reported 2015 first quarter net income of $1.2 billion, or $1.30 per diluted share, compared to $1.1 billion, or $1.19 per diluted share, in the first quarter 2014....
