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Daily Headlines

Veterans train wreck jury trial to begin on Monday

(Source: Midland Reporter-Telegram, January 25, 2015) MIDLAND, Texas — Union Pacific and veterans involved in the deadly parade train crash on Nov. 15, 2012, will take their legal matter in front of a jury starting on Monday. Full story: www.mrt.com

Amtrak prepares for ‘highly disruptive’ winter storm

(Source: PennLive.com, January 25, 2015) MECHANICSBURG, Pa. — Amtrak is making preparations for the potential of a highly disruptive winter storm to impact the Northeast early this week. With extreme conditions expected in some areas over the next 24 to 36 hours,...

NTSB cites fatigue as factor in 2013 Rockview train crash

(Source: Southeast Missourian, January 25, 2015) CAPE GIRARDEAU, Mo. — Erratic shifts and sleep deprivation may have led to a May 25, 2013, train collision near Chaffee, Missouri, the National Transportation Safety Board has reported. Full story: Southeast...

Kansas City Southern profit rises in Q4 2014, expects solid 2015 growth

(Source: Reuters, January 23, 2015) NEW YORK — Regional railroad Kansas City Southern reported a higher quarterly net profit that came in well above Wall Street expectations, driven mainly by higher freight volumes, and said it expected to benefit from a growing U.S....

Norfolk Southern reports 4Q and full year 2014 results

(Source: Norfolk Southern press release, January 26, 2015) NORFOLK, Va. — Norfolk Southern Corporation today reported financial results for fourth-quarter and full-year 2014. Net income for the quarter was $511 million, or $1.64 per diluted share, compared with $513...

Man pleads guilty to stealing locomotives, crashing one into BNSF train

(Source: Casper Star Tribune, January 22, 2015) CASPER, Wyo. — A man on Wednesday admitted in court to stealing two locomotives in Campbell County in October and crashing them into another train, according to information from the U.S. District Court of Wyoming. Full...

Grain shippers to benefit from rail investment

(Source: AgWired, January 23, 2015) CANTONMENT, Fla. — Billions of dollars to improve service on one of the most important railroads for grain producers looks to resolve problems that hurt the grain industry last year. Attendees of the recent American Farm Bureau...

$242 billion high-speed Beijing-Moscow rail link approved

(Source: Bloomberg, January 22, 2015) NEW YORK — China will build a 7,000-kilometer high-speed rail link from Beijing to Moscow, at a cost of 1.5 trillion yuan ($300 billion CAD), Beijing’s city government said on the social networking site Weibo. Full story:...

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