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Daily Headlines
BNSF moves 1,000th crude oil unit train from North Dakota hub
(Source: Progressive Railroading, October 28, 2014) Crestwood Midstream Partners L.P. yesterday marked the loading of the 1,000th crude-oil unit train at its COLT rail hub in Epping, N.D. Served by BNSF Railway Co., the COLT facility opened in June 2012 and is one of...
Amtrak’s Downeaster to add stop in Kennebunk, Maine
(Source: Portland Press Herald, October 29, 2014) PORTLAND, Maine —Amtrak will begin stopping in Kennebunk next summer or in 2016, restoring passenger train service to the town for the first time in half a century. Full story: Portland Press Herald
Railroad stocks may strain to meet lofty expectations
(Source: Forbes, October 27, 2014) NEW YORK — Railroad stocks have been racing in recent years, but investors may want to take a second look at lofty growth expectations. Full story: www.forbes.com
Senior Vice President at KCS sells $2.4 million in company stock
(Source: Sleek Money, October 30, 2014) NEW YORK — Kansas City Southern SVP William J. Wochner unloaded 20,000 shares of Kansas City Southern stock on the open market in a transaction dated Tuesday, October 28. The shares were sold at an average price of $121.40, for...
KCS CEO David L. Starling sells $911,400 in company stock
(Source: Watch List News, October 30, 2014) NEW YORK — Kansas City Southern CEO David L. Starling unloaded 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 28. The stock was sold at an average price of $121.52, for a total...
CSX to continue monitoring water quality of James River after derailment
(Source: News & Advance, October 29,2 014) LYNCHBURG, Va. — CSX will be doing regular testing on the James River for the next year to monitor the effects of the April 30 train derailment and oil spill in Lynchburg, according to the Virginia Department of Environmental...
Virginia’s rail safety task force to start compiling list of recommendations
(Source: News & Advance, October 24, 2014) LYNCHBURG, Va. — The rail safety task force formed after April’s train derailment in Lynchburg convened for its third meeting Friday and soon will begin compiling its list of recommendations. Full story: News & Advance
Ethanol maker says rail transport not keeping up as more embrace E15
(Source: Omaha World-Herald, October 30, 2014) OMAHA, Neb. — Green Plains Inc., whose shares have climbed 80 percent this year, told investors Wednesday that higher blends of ethanol are making it into the nation’s gas supply but that congested rail networks make it...
Montana’s Ag Director asks BNSF to open Great Falls-Helena line
(Source: Great Falls Tribune, October 29, 2014) GREAT FALLS, Mont. — Montana Agriculture Department Director Ron de Yong informally asked BNSF Railway officials to reopen the Great Falls to Helena line to help deal with increased use and delays in shipping along the...
California rail agency seeks to avoid bullet train injunction battles
(Source: Fresno Bee, October 29, 2014) FRESNO, Calif. — The California High-Speed Rail Authority is facing seven lawsuits over its approval of the Fresno-Bakersfield segment of its statewide bullet-train line. Now the agency is asking the federal Surface...
