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Daily Headlines
Vancouver container fire shuts down port, some rail service
(Source: Reuters, March 4, 2015) VANCOUVER — A large portion of Canada's biggest port was shut down on Wednesday after a chemical fire broke out amid numerous shipping containers piled up in a yard east of Vancouver's downtown core. Full story: Reuters
China to invest $128 billion in rail, push for global share
(Source: Bloomberg, March 4, 2015) NEW YORK — China is investing more than 800 billion yuan ($128 billion) in domestic railway construction in 2015, the same as last year’s final target, while pledging to increase its railway makers’ overseas market share. Full story:...
Cost to modernize MBTA more than doubles in six years
(Source: Boston.com, March 4, 2015) BOSTON — Back in 2009, the MBTA estimated that upgrading and modernizing its aging systems would cost $3.1 billion. On Tuesday, an MBTA official said that the estimated cost of doing the same thing has skyrocketed to $6.7 billion,...
Schumer joins call for stabilizing crude oil trains
(Source: The Journal News, March 4, 2015) WASHINGTON, D.C. — Democratic Sen. Chuck Schumer of New York is joining the chorus of public officials calling for steps to make crude oil less volatile before it's put into freight rail tank cars. Full story: www.lohud.com
Canadian Pacific wants to limit shipments of dangerous goods
(Source: Globe and Mail, March 4, 2015) TORONTO — Canadian Pacific Railway Ltd. wants the power to refuse to haul dangerous goods, a signal it has grown weary of the risks and regulations that accompany the business of hauling oil. Full story: Globe and Mail
CSX softens outlook for crude by rail shipments amid price slump
(Source: Reuters, March 4, 2015) NEW YORK — CSX Corp has softened its growth projections for crude rail shipments as a sustained price slump has weakened demand, a company executive said Wednesday. Full story: Reuters
Teamsters and labor allies urge Congress to oppose Fast Track
(Source: International Brotherhood of Teamsters press release, March 4, 2015) WASHINGTON, D.C. — Teamsters from around the country joined their union brothers and sisters on Capitol Hill today to meet with members of Congress to discuss their continued opposition to...
Alabama scores U.S. Supreme Court win in tax fight with CSX
(Source: Transport Topics, March 4, 2015) WASHINGTON, D.C. — The U.S. Supreme Court reversed a ruling that offered railroads the prospect of a multimillion-dollar victory in a dispute over the different fuel taxes the states impose on trains, trucks and cargo ships....
Hunter Harrison says CP Rail will use management to maintain 100 percent capacity in event of another strike
(Source: Calgary Herald, March 4, 2015) CALGARY, Alberta — Canadian Pacific Railway Ltd.’s practice of training managers to drive and load trains means the company will be able to operate without a hitch in the event of a future rail strike, said CEO Hunter Harrison...
House passage of Amtrak bill could be a boost to Northeast Corridor service
(Source: Associated Press, March 4, 2015) WASHINGTON, D.C. — In a rare burst of bipartisanship, the House moved Wednesday to boost Amtrak's popular service between Boston and Washington while giving states a greater say in the local routes they help subsidize. In a...
