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Daily Headlines
Oil train sector has work to settle safety concerns
(Source: Reuters, July 15, 2014) WASHINGTON, D.C. — The U.S. refining industry has not agreed to a deal reached by oil producers and railroads on improving the safety of oil tank cars, it said on Tuesday, suggesting a key piece of anticipated reforms remains...
Environmental groups seek ban on oil shipments in older railroad tank cars
(Source: Associated Press, July 15, 2014) SEATTLE — Environmental groups asked the U.S. Department of Transportation to immediately ban shipments of volatile crude oil in older railroad tank cars, citing oil train wrecks and explosions and the agency's own findings...
CSX announces record second-quarter 2014 results, reaffirms guidance and increases capital investments
(Source: CSX press release, July 16, 2014) JACKSONVILLE, Fla. – July 15, 2014 – CSX Corporation today announced second-quarter net earnings of $529 million, or $0.53 per share, up from $521 million, or $0.51 per share in the same quarter of 2013. For the quarter,...
New benefit year begins July 1 for Railroad Unemployment and Sickness benefits
(Source: U.S. Railroad Retirement Board press release, June 24, 2014) CHICAGO — A new benefit year under the Railroad Unemployment Insurance Act begins July 1, 2014. The maximum daily benefit rate payable for claims under this Act increases to $70 in the new benefit...
RRB appeals procedures
(Source: U.S. Railroad Retirement Board press release, June 23, 2014) CHICAGO — Persons claiming retirement, disability, survivor, unemployment or sickness benefits from the Railroad Retirement Board (RRB) have the right to appeal unfavorable determinations on their...
Everything you need to know about oil trains in Oregon, Washington
(Source: Oregonian, July 14, 2014) PORTLAND, Ore. — A few years ago, trains hauled almost no oil in the United States. But a massive oil boom in North Dakota has pushed an unprecedented amount of crude into the country's rail system. Full story: www.oregonlive.com
Union Pacific making track improvements in Wisconsin
(Source: Union Pacific press release, July 14, 2014) OMAHA, Neb. — Union Pacific Railroad will strengthen Wisconsin's transportation infrastructure by investing $6.1 million in the rail line between Milwaukee and near Sheboygan, Wisconsin. The project, funded entirely...
Costs could dampen optimism around CP Rail
(Source: Globe and Mail, July 13, 2014) TORONTO — Rail congestion around Chicago and rising costs are expected to trump a boost in shipping volumes when Canadian Pacific Railway Co. reports financial results for the second quarter on Thursday. Full story: Globe and...
Saving the Southwest Chief: Amtrak CEO Joe Boardman visits La Junta
(Source: Tribune-Democrat, July 14, 2014) LA JUNTA, Colo. — "Save the Chief! is the motto," said Mayor Joe Reorda of Trinidad. That is what Amtrak President and CEO Joseph Boardman made clear to a group of stockholders gathered aboard his special train while it was on...
BNSF employee killed in Kansas City, Kan.
(Source: Kansas City Kansan, July 14, 2014) KANSAS CITY, Kan. — An employee from Burlington Northern Santa Fe Railway was killed Monday morning in Kansas City, Kan. According to the Kansas City, Kan., Fire Department, the employee fell into a train car full of grain....
