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Daily Headlines
Unifor local that does safety, maintenance for CP Rail votes to strike if needed
(Source: Canadian Press, January 13, 2015) CALGARY — One of Canadian Pacific Railway Ltd.’s unions has voted in favour of a strike if the two sides can’t reach agreement on a new contract. Unifor local 101R has set a strike deadline of 12:01 a.m. on Feb. 15. Full...
MRL assures ‘culture of safety’ after 2014 train accidents
(Source: Billings Gazette, January 11, 2015) MISSOULA, Mont. — Montana Rail Link has made changes in the way it moves trains in the wake of two nonfatal collisions in and around Missoula late last year. But the railroad says it emphasizes safety and training up and...
Lobby groups say railway fines don’t reflect damage
(Source: Canadian Press, January 10, 2015) REGINA — Farm lobby groups in Saskatchewan and Manitoba say fines levied against Canada’s two largest railways don’t reflect the damage caused when the companies failed to transport the minimum required grain volumes last...
Municipalities in the Bakken push back against increasing train traffic
(Source: JD Supra Business Advisor, January 13, 2015) NEW YORK — Frustrated with delays caused by idle trains, two North Dakota towns have taken action to limit the time trains may block railroad crossings. The town of Berthold ordered its police chief to ticket...
Slow corn market shifts rail demand
(Source: Grand Forks Herald, January 13, 2015) FARGO, N.D. — Demand for grain cars is shifting as corn markets continue to slump, delaying shipments until later in the winter or spring. Full story: Grand Forks Herald
Oil train rule changes would have side effects
(Source: Rochester Democrat & Chronicle, January 13, 2015) WASHINGTON, D.C. — Long-distance passenger and freight rail service could be headed for gridlock later this year if trains hauling crude oil and ethanol are limited to 40 miles per hour. Full story: Rochester...
BNSF’s Rose says thicker oil tanker walls better than speed limits
(Source: Bloomberg, January 11, 2015) NEW YORK — A “stronger tank car is warranted” and is preferable to other proposed safety measures such as new speed limits, which would slow the delivery of a variety of goods, said BNSF Chairman Matt Rose, who was speaking on a...
California high-speed rail awards $1.36 billion contract for construction south of Fresno
(Source: Fresno Bee, January 13, 2015) FRESNO, Calif. — The California High-Speed Rail Authority board awarded a $1.36 billion contract for the design and construction of its second segment of rail line in the central San Joaquin Valley, a 65-mile stretch from...
CSX expects double-digit earnings growth in 2015
(Source: Reuters, January 13, 2015) NEW YORK — CSX Corp, the third-largest U.S. railroad, on Tuesday reported a higher quarterly profit that was in line with analyst expectations and said it expected a strong increase in its freight business and double-digit earnings...
CSX announces record 4Q and full-year 2014 results
(Source: CSX press release, January 13, 2015) JACKSONVILLE, Fla. — CSX Corporation (NYSE: CSX) today announced record fourth-quarter 2014 net earnings of $491 million, a 15 percent increase from $426 million for the same period last year. The company also generated...
