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Daily Headlines
Oil patch town in North Dakota to begin ticketing locomotive engineers for blocked crossings
(Source: Bismarck Tribune, January 6, 2015) BISMARCK, N.D. — The police chief in Berthold, a small oil patch town west of Minot, has new marching orders from city hall: Ticket the train engineer the next time a BNSF Railway train blocks both crossings in town for more...
Rail history: Credit Mobilier of America scandal investigated on January 6, 1873
(Source: Money Week, January 6, 2015) LONDON — In the 1860s, the United States government directed the Union Pacific Railroad Company to build and run a railway across the country. The company’s vice president, Thomas Durant, didn’t see much profit in running the...
Genesee & Wyoming completes acquisition of Pinsly Arkansas Railroads
(Source: Genesee & Wyoming press release, January 5, 2015) DARIEN, Conn. — Genesee & Wyoming Inc. (G&W) announced today that it has completed the acquisition of Pinsly Railroad Company’s Arkansas Division (“Pinsly Arkansas”) for approximately $40 million in cash,...
Grain shippers rate railroads amid widespread frustration
(Source: Ag Professional, January 6, 2015) LENEXA, Kan. — The Soy Transportation Coalition (STC) announced the results of its Railroad Report Card. The survey was completed anonymously by agricultural shippers of various sizes and scale of operations and has been...
CSX to release 4Q 2014 financial results on January 13, 2015
(Source: CSX press release, January 5, 2015) JACKSONVILLE, Fla. — CSX Corporation will release fourth-quarter financial and operating results on Tuesday, January 13, 2015, after the market close. The company will host an earnings conference call at 8:30 a.m. Eastern...
Norfolk Southern to release 4Q and full year 2014 financial results on January 26, 2015
(Source: Norfolk Southern press release, January 5, 2015) NORFOLK, Va. — Please join us to review our fourth-quarter and full-year 2014 financial results during a conference call and live Internet webcastat 8:45 a.m. Eastern Time on Monday, Jan. 26, 2015. Quarterly...
FRA proposes new railroad reporting requirements
(Source: The Hill, January 5, 2015) WASHINGTON, D.C. — In the January 6 edition of the Federal Register, the Federal Railroad Administration (FRA) is establishing new reporting requirements for railroads that cross roads and pedestrian walkways. Full story: The...
Mayors, lawmakers speak against PATH rail service cuts
(Source: Associated Press, January 5, 2015) JERSEY CITY, N.J. — Local, state and federal lawmakers want to send a message: Don’t reduce rail service between New York City and northern New Jersey. Full story: www.nj1015.com
Opinion: The Trans-Pacific Partnership (TPP) trade agreement must be defeated
(Source: Op Ed News opinion column by U.S. Senator Bernie Sanders (I-VT), January 3, 2015) NEW YORK — The Trans-Pacific Partnership is a disastrous trade agreement designed to protect the interests of the largest multi-national corporations at the expense of workers,...
Lac-Megantic tragedy: $9 million for lawyers, nothing for relatives yet
(Source: QMI Agency, January 5, 2015) MONTREAL — Lawyers and accountants have pocketed millions in fees following Canada's deadliest train blast while relatives of the 47 killed haven't received a penny yet, QMI Agency has learned. Full story: Toronto Sun