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Daily Headlines
Revised oil train safety rule said to delay upgrade deadline
(Source: Bloomberg, February 12, 2015) WASHINGTON, D.C. — The Obama administration revised its proposal to prevent oil trains from catching fire in derailments, giving companies more time to upgrade their fleets but sticking with a requirement that new tank cars have...
AAR: Weekly rail traffic up slightly over 2014 for week ending February 7, 2015
(Source: Association of American Railroads press release, February 11, 2015) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending Feb. 7, 2015. Total U.S. weekly rail traffic for the week was 511,563...
Money raised in Amtrak’s Northeast Corridor should stay in the northeast, House panel says
(Source: www.nj.com, February 12, 2015) WASHINGTON, D.C. — If a U.S. House committee has its way, Amtrak's Northeast Corridor profits would be used to improve that service rather than subsidize other lines. Full story: www.nj.com
House T&I Committee approves $7.8 billion for Amtrak
(Source: The Hill, February 12, 2015) WASHINGTON, D.C. — The House Transportation and Infrastructure Committee on Thursday quietly approved nearly $8 billion in funding for Amtrak. The measure calls for spending approximately $1.7 billion annually over the next four...
Canadian farmers brace for possible CP Rail strike
(Source: Calgary Herald, February 12, 2015) CALGARY, Alberta — With a second union at Canadian Pacific Railway now warning its members could walk off the job by midnight Saturday, Alberta farm groups are raising alarm bells about the impact a rail strike could have on...
CP Rail strike could cause commuter train nightmares in Montreal
(Source: Montreal Gazette, February 12, 2015) MONTREAL — Commuters who use the Agence métropolitain de transport train network could be scrambling as early as Sunday if Teamsters follow through on their threat to strike. The Candiac, Vaudreuil-Hudson and St-Jérôme...
CP Rail gets second strike notice from another rail labor union
(Source: Reuters, February 12, 2015) OTTAWA — Unifor, which represents about 1,800 maintenance and safety workers at CP Rail, gave the railway a strike notice late on February 11. A strike by Unifor members would go into effect at the same time as a possible strike by...
Weather, low Powder River Basin stockpiles to affect coal
(Source: Platts, February 11, 2015) NEW YORK — Coal shipments on the Union Pacific railroad are slightly up this year, but just how many coal carloads will traverse the rails the rest of 2015 will depend on how the weather affects power plant demand more than any...
California cities, counties are hopeful but unsure about high-speed rail’s economic effects
(Source: Fresno Bee, February 11, 2015) FRESNO, Calif. — A new economic report prepared by a former Kings County supervisor outlines lingering uncertainty among Valley city and county leaders over how California’s high-speed rail project could benefit their...
CSX declares quarterly dividend
(Source: CSX press release, February 11, 2015) JACKSONVILLE, Fla. — Earlier today, the board of directors of CSX Corporation approved a $0.16 per share quarterly dividend on the company's common stock. The dividend is payable on March 13, 2015, to shareholders of...
