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Daily Headlines
California Gov. Brown brushes off GOP opposition to bullet train
(Source: Los Angeles Times, November 6, 2014) LOS ANGELES — Gov. Jerry Brown played down concerns Thursday about Republicans killing the state’s $68-billion bullet train, saying that “they’re going to join the chorus” in support of high-speed rail once construction...
BNSF, developers revitalize rail yard to support growth in Permian Basin
(Source: BNSF Railway press release, November 6, 2014) FORT WORTH, Texas — Today, BNSF Railway celebrated the opening of a new $45 million logistic center in Sweetwater, Texas with a ribbon-cutting ceremony. The logistic center, capable of supporting rail, truck and...
California oil by rail volumes drop as Canada faces competition
(Source: Bloomberg News, November 7, 2014) NEW YORK — California, America's largest gasoline market, received the least amount of oil by rail in 17 months as cheaper in-state supplies and imports from overseas eliminated the need for Canadian oil arriving by train....
Oversized cargo keeps U.S. freight haulers on track
(Source: Bloomberg Businessweek, November 7, 2014) NEW YORK — Railroad and trucking operators are hauling more oversized cargo, helping to keep U.S. manufacturing activity on track for growth. Full story: Bloomberg Business Week
AAR: For first 10 months of 2014, intermodal volume up 5.5 percent over same period of 2013
(Source: Association of American Railroads press release, November 6, 2014) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported increased U.S. rail traffic for October 2014, with both carload and intermodal volume increasing compared with...
Despite service woes, BNSF posts strong earnings
(Source: MPR News, November 6, 2014) MINNEAPOLIS, Minn. — Despite the pain its customers are complaining about, the railroad has hardly been punished financially. Demand for rail shipping has continued to rise. For the first half of this year, the company had net...
Rail delays leave Minnesota power plant with far less coal than normal
(Source: St. Cloud Times, November 6, 2014) BECKER, Minn. — Delays in rail shipments in recent months have left the Sherco power plant with a much smaller supply of coal than normal heading into winter. Full story: St. Cloud Times
Election results show voters believe workers need raise
(Source: International Brotherhood of Teamsters press release, November 6, 2014) WASHINGTON, D.C. — Tuesday was mostly a gloomy day for anyone who cares about the plight of the American worker. But despite the disappointing election results, there were a few rays of...
Comments by activist investor regarding possible CP Rail-NS merger drive Norfolk Southern stock higher
(Source: Bloomberg, November 6, 2014) NEW YORK — Norfolk Southern Corp., the second-largest railroad in the eastern U.S., jumped in late trading after activist investor Bill Ackman said Canadian Pacific Railway Ltd. might be interested in a rival to one-time target...
Joe Szabo stepping down as FRA Administrator
(Source: Chicago Tribune, November 6, 2014) CHICAGO — Joseph Szabo, who has headed the Federal Railroad Administration since May 2009, is leaving the agency at the end of the year to become a senior adviser on transportation policy at the Chicago Metropolitan Agency...
