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Daily Headlines
BNSF puts moratorium on adding more oil tank cars
(Source: Reuters, November 12, 2014) NEW YORK/CALGARY — BNSF Railroad, the Warren Buffett-owned company that has benefited most from the North Dakota shale boom, has told some customers that they cannot add new oil tank-cars to its system until next year, according to...
Retiree earnings limits to rise in 2015
(Source: U.S. Railroad Retirement Board press release, November 4, 2014) CHICAGO — Railroad retirement annuitants subject to earnings restrictions can earn more in 2015 without having their benefits reduced as a result of increases in earnings limits indexed to...
Railroad Retirement benefits to increase in 2015
(Source: U.S. Railroad Retirement Board press release, November 4, 2014) CHICAGO — Most railroad retirement annuities, like social security benefits, are scheduled to increase in January 2015 on the basis of the rise in the Consumer Price Index (CPI) from the third...
Oil facility near Albany won’t expand
(Source: Albany Times Union, November 10, 2014) ALBANY, N.Y. — An oil terminal company whose expansion plans at the Port of Albany have been under continued state scrutiny last month quietly dropped plans to add a rail-to-river unloading facility on the Hudson River...
Bombardier CEO says 6-month bid window for Mexico high-speed rail is ‘tight’
(Source: Reuters, November 8, 2014) BEIJING — Canadian train and planemaker Bombardier said a six-month window to prepare a bid for Mexico's $3.75 billion high-speed rail contract looked tight. Mexico on Friday revoked the contract from consortium led by state-backed...
Officials consider platforms, track in Roanoke in latest Amtrak upgrades
(Source: Roanoke Times, November 10, 2014) ROANOKE, Va. — The launch of infrastructure work, ordinarily a mundane topic, drew a round of applause in downtown Roanoke on Monday evening at the first official update in months on the planned resumption of passenger rail....
NLRB judge orders McKesson to reinstate fired Teamster employees
(Source: International Brotherhood of Teamsters press release, November 11, 2014) LAKELAND, Fla. — The International Brotherhood of Teamsters applauds last week’s decision issued by National Labor Relations Board (NLRB) Administrative Law Judge Keltner W. Locke...
Teamster victory at Keolis Transit America in Florida
(Source: Teamsters Local 769 press release, November 10, 2014) FORT LAUDERDALE, Fla. — Drivers at Keolis Transit America Inc. in Fort Lauderdale, Fla., voted to become Teamsters on Thursday, November 6, 2014. The election was held by the National Labor Board and there...
Norfolk Southern stock hits a new high on rumor of CP Rail merger
(Source: Virginian-Pilot, November 11, 2014) NORFOLK, Va. — The price of Norfolk Southern Corp.'s stock closed at a record $116.60 on Monday, up $3.74 a share from Friday's previous record of $112.86. The boost came within days of media reports that Canadian Pacific...
Robust railroad hiring reflects surge in traffic
(Source: Roll Call, November 10, 2014) WASHINGTON, D.C. — In another sign of the health of the railroad industry, the Association of American Railroads said Monday that by the end of the year major freight railroads will have hired 45,000 people since 2012. Full...
