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Daily Headlines
Study: Oil trains pose risk to Pa.’s Lehigh Valley region
(Source: Allentown Morning Call, March 2, 2015) ALLENTOWN, Pa. — Oil trains coursing through Pennsylvania put a sizable portion of state's population at risk daily, including tens of thousands of Lehigh Valley residents, according to two reports released Monday. Full...
KCS Director Michael R. Haverty sells $9.4 million in company stock
(Source: WKRB, March 2, 2015) NEW YORK — Kansas City Southern Director Michael R. Haverty sold 80,973 shares of the stock in a transaction dated Friday, February 27. The shares were sold at an average price of $116.39, for a total transaction of $9,424,447.47....
Hoffa: Reopen Mexican cross border trucking issue
(Source: International Brotherhood of Teamsters press release, March 2, 2015) WASHINGTON, D.C. — In a letter to United States Trade Representative (USTR) Michael Froman Teamsters General President Jim Hoffa called on him and the administration to protect highway...
FRA may require risk reduction programs for some railroads
(Source: Safety and Health Magazine, March 2, 2015) WASHINGTON, D.C. — The Federal Railroad Administration is considering a rule that would require Class I freight railroads and railroads with poor safety performances to develop and implement formal risk reduction...
Federal bill could make railroad crossings safer
(Source: The Journal News, March 2, 2015) CHAPPAQUA, N.Y. — U.S. Reps. Nita Lowey and Sean Patrick Maloney on Monday said Congress should approve passenger rail legislation that would provide funding to relocate grade crossings, advanced train technology and boost...
House likely to vote on $7.8 billion Amtrak bill on March 3
(Source: The Hill, March 2, 2015) WASHINGTON, D.C. — The House is likely to vote on nearly $8 billion funding bill for Amtrak on Tuesday. The measure (H.R. 749), which calls for spending approximately $1.7 billion annually over the next four years on the rail service,...
Two weeks later, W.Va. families continue feeling effects of CSX derailment
(Source: WOWK TV, March 2, 2015) MONTGOMERY, W.Va. — Two weeks after the Fayette County trail derailment, William Patton still has many unanswered questions. He lives in Montgomery, about four miles away from Mount Carbon, and he says he continues to see the effects...
Crude oil on CSX train that derailed in W.Va. had high level of gas
(Source: Albany Times Union, March 3, 2015) ALBANY, N.Y. — The Wall Street Journal reported Tuesday morning that the CSX oil train that derailed and exploded last month in West Virginia carried Bakken crude with so much combustible gas that it would have been barred...
Terrorists a greater threat to crude by rail than derailments, CP Rail CEO says
(Source: Globe and Mail, March 2, 2015) TORONTO — The chance of a terrorist attack on a train hauling flammable goods is a greater threat to public safety than a derailment, says Hunter Harrison, chief executive officer of Canadian Pacific Railway Ltd. Full story:...
North American rail consolidation unlikely to involve CP Rail, CEO says
(Source: Reuters, March 2, 2015) NEW YORK — Canadian Pacific Railway Ltd is unlikely to be involved in the consolidation of the North American industry in the short term, Chief Executive Hunter Harrison said on Monday. Full story: Reuters
