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Daily Headlines
CSX train partially derails in South Philadelphia
(Source: Philadelphia Inquirer, January 31, 2015) PHILADELPHIA, Pa. — Authorities are probing the partial derailment of a freight train early Saturday in South Philadelphia. Full story: www.philly.com
China rail stocks sink after Mexico again shelves high-speed rail line
(Source: Bloomberg, February 2, 2015) NEW YORK — Chinese railroad shares slumped, led by China Railway Construction Corp., after Mexico again stalled a high-speed rail project that the company was expected to bid on. Full story: Bloomberg
KCS declares dividend of $0.33 per share
(Source: Kansas City Southern press release, January 29, 2015) KANSAS CITY, Mo. — Kansas City Southern's (KCS) (NYSE:KSU) Board of Directors on January 29, 2015 declared a regular dividend of $0.33 per share on the outstanding KCS common stock, which is an...
CSX considers closing Fostoria switching tower
(Source: Toledo Blade, February 2, 2015) FOSTORIA, Ohio — A vestige of railroading history at this hub of railroad activity may soon come to an end. CSX Transportation, which operates what once were the Baltimore & Ohio and Chesapeake & Ohio rail lines through town,...
Amtrak travelers warned of measles exposure in New York
(Source: Associated Press, January 31, 2015) NEW YORK — The measles outbreak tied to Disneyland continues to spread anxiety as new cases emerged in California and with the news that a New York college student exposed Amtrak train travelers last week. Full story:...
Dispute over Positive Train Control mandate could halt Amtrak service in Missouri
(Source: McClatchy News Service, January 30, 2015) WASHINGTON, D.C. — A dispute over who should bear the cost of installing a congressionally mandated train collision avoidance system could result in the suspension of Amtrak service to Missouri’s two largest cities by...
Indianapolis-Chicago Amtrak service extended to April 1
(Source: Associated Press, January 30, 2015) CHICAGO — Amtrak’s Hoosier State line between Indianapolis and Chicago will keep rolling through April 1 under an extension announced Friday. Full story: Chicago Sun-Times
Sens. Boxer, Paul to introduce transportation funding bill; Sen. Collins to chair transportation subcommittee
(Source: Progressive Railroading, January 30, 2015) U.S. Sens. Barbara Boxer (D-Calif.) and Rand Paul (R-Ky.) have teamed up to introduce a transportation bill that would extend the Highway Trust Fund by bringing back some of the $2 trillion in corporate tax revenue...
Judge to rule this week on motion from Union Pacific to end trial in veterans parade crash
(Source: Associated Press, January 30, 2015) MIDLAND, Texas — A Midland judge says he will rule next week on a motion from Union Pacific Railroad to end the civil trial involving people who were hurt or whose family members died when a freight train struck a veterans...
Teamsters: Buying elections means death to democracy
(Source: International Brotherhood of Teamsters press release, January 30, 2015) WASHINGTON, D.C. — The election process is an imperfect one, dominated too much by big money instead of real issues. But an announcement made earlier this week by the Koch Brothers sets a...
