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Daily Headlines
Railways reduce shipping load on drop in oil prices
(Source: Globe and Mail, February 1, 2015) TORONTO and CALGARY — The collapse in oil prices that has hammered producer profits is also casting doubt on the business case for moving crude by rail. Railways are reducing their expected oil volumes after a 56-per-cent...
CP Rail encourages non-union office workers, managers to learn to run trains
(Source: CBC News, February 2, 2015) CALGARY — A Canadian railway company is training its non-union managers and office workers to drive locomotives and load trains, a move one labour lawyer says could be an attempt to prepare for a possible work stoppage. Documents...
Railroad Retirement spouse benefits
(Source: U.S. Railroad Retirement Board press release, January 21, 2015) CHICAGO — In addition to the retirement annuities payable to employees, the Railroad Retirement Act, like the Social Security Act, also provides annuities for the spouses of retired employees....
Amtrak California offers a sweetheart of a deal for February
(Source: Amtrak California press release, January 28, 2015) SACRAMENTO, Calif. — Amtrak California is sending a Valentine to sweethearts for the month of February: buy a full-fare adult ticket and get 50 percent off a companion’s fare. The offer is valid for trips to...
CP Rail announces US$700 million debt offering
(Source: Canadian Pacific Railway press release, January 28, 2015) CALGARY, Alberta — Canadian Pacific Railway Limited announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing US$700 million of 2.900% Notes due 2025. The transaction is...
The Dalles joins oil train debate
(Source: The Dalles Chronicle, January 29, 2015) THE DALLES, Ore. — The Dalles City Council has joined Hood River, Mosier and other Oregon towns in urging state officials to pursue greater federal regulation of crude oil transports. Full story: The Dalles Chronicle
Ohio reconsiders and discloses oil train records
(Source: Associated Press, January 29, 2015) COLUMBUS, Ohio — More than a dozen trains loaded with over 1 million gallons of crude oil cross Ohio every week. Ohio officials released the information to The Associated Press Thursday after earlier refusing to disclose...
Large crude by rail terminal in Saskatchewan due to start by mid-2015
(Source: Reuters, January 29, 2015) CALGARY, Alberta — Plains Midstream Canada, a subsidiary of Plains All American Pipeline, has started looking for workers at its new crude-by-rail unit train terminal in Kerrobert, Saskatchewan, due to start up mid-2015, according...
Environmentalists sue to stop crude by rail terminal in California
(Source: Reuters, January 29, 2015) SAN FRANCISCO — Environmental groups on Thursday sued a California regulator that permitted trains carrying crude oil to begin making deliveries at a terminal in Bakersfield, arguing the permit was issued in secret and the volatile...
Railroads agree to $10.5 million share of Wisconsin Superfund cleanup costs
(Source: The Daily Press, January 28, 2015) ASHLAND, Wisc. — Xcel Energy has reached a $10.5 million settlement with a pair of railroad companies who are among the entities named in a lawsuit filed by Xcel asserting they share responsibility for contamination on the...
