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Daily Headlines
Backers of high-speed maglev train from Baltimore to D.C. claim $5 billion in funding
(Source: Baltimore Sun, September 4, 2014) BALTIMORE, Md. — An investor group hoping to build a high-speed train capable of cutting the travel time between Baltimore and Washington to 15 minutes says in a filing to state regulators that it has lined up more than $5...
Amtrak wins $4.5 million judgment against trucking company over deadly 2011 Nevada crash
(Source: Trucking Info, September 3, 2014) RENO, Nevada — A jury decided a civil case on Friday that pitted the nation’s passenger rail service against one trucking company, with the fleet having to pay more than $4.5 million in damages to Amtrak, according to...
Norfolk Southern CEO sells $13.1 million in stock
(Source: Watch List News, September 4, 2014) NEW YORK — Norfolk Southern Corp. CEO Charles W. Moorman sold 122,983 shares of the stock on the open market in a transaction dated Tuesday, September 2. The stock was sold at an average price of $107.00, for a total...
Minnesota boosting number of railroad inspectors
(Source: St. Cloud Times, September 3, 2014) ST. CLOUD, Minn. — The Minnesota Department of Transportation is hiring more rail inspectors as required by a new state law. Federal authorities also have bolstered the ranks of their rail inspectors in Minnesota. It's all...
Five Class I railroads attained ‘revenue adequate’ status in 2013, STB says
(Source: Surface Transportation Board press release, September 2, 2014) WASHINGTON, D.C. — The Surface Transportation Board announced today that it has made its annual determination of revenue adequacy for the Nation's Class I freight railroads for 2013. The Board...
Senate transportation committee to hold hearing on grain by rail service issues
(Source: Press release from the office of U.S. Senator John Thune (R-S.D.), September 2, 2014) WASHINGTON, D.C. — Following months of rail service delays and backlogs U.S. Senator John Thune (R-South Dakota), Ranking Member of the Senate Committee on Commerce,...
Dayton: Railroads, oil firms must take some financial responsibility for safety
(Source: Forum News Service, September 3, 2014) MOORHEAD, Minn. — Gov. Mark Dayton said Tuesday that railroads and oil companies “are going to have to take their share of financial responsibility” for the costs of keeping rail movement of oil from North Dakota’s oil...
Rain, rail congestion cut into Wyoming’s coal output
(Source: Associated Press, September 3, 2014) CASPER, Wyo. — Recent heavy rain and congested rail lines have caused a Powder River Basin coal company to lower its production estimates for this year, and the company projects a slight drop in production in the next...
Railroads still struggle to move freight despite federal warnings
(Source: Star Tribune, September 3, 2014) MINNEAPOLIS, Minn. — With the harvest just ahead, farmers and grain shippers are increasingly worried about where they’ll put millions of bushels of Minnesota-grown corn and soybeans because the rail system is far behind in...
Pacific Harbor Line now serving 10-mile industrial spur
(Source: Pacific Harbor Line press release, September 2, 2014) LOS ANGELES, Calif. — Pacific Harbor Line is now serving customers located in three industrial areas near the Ports of Los Angeles and Long Beach, linked to a 10-mile industrial spur owned by Union Pacific...
