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Daily Headlines
Trains becoming better option for middle-distance journeys
(Source: News & Observer, June 10, 2014) RALEIGH, N.C. — Think about this: Train service in North Carolina has improved over the past decade and is on schedule to get better still. Nobody can say that about car or air travel. Full story: News & Observer
Amtrak soliciting bids to build trackside Wi-Fi network with broadband speeds
(Source: Hot Hardware, June 9, 2014) Amtrak has a plan to improve its Wi-Fi service, so if you'd rather scroll through your Facebook feed than take in the sights of the land, you'll be able to do so. Full story: Hot Hardware
CSX Vice President sells 33,400 shares of stock
(Source: WKRB, June 9, 2014) NEW YORK — CSX EVP Clarence W. Gooden sold 33,400 shares of CSX stock in a transaction that occurred on Friday, June 6. The shares were sold at an average price of $30.00, for a total transaction of $1,002,000.00. Following the completion...
Norfolk Southern COO Manion sells 32,030 shares of stock
(Source: Watch List News, June 9, 2014) NEW YORK — Norfolk Southern Corp. COO Mark D. Manion sold 32,030 shares of the stock on the open market in a transaction dated Friday, June 6. The shares were sold at an average price of $101.55, for a total value of...
Bid for Lac-Megantic class-action suit begins
(Source: Montreal Gazette, June 9, 2014) MONTREAL — With a small army of lawyers and legal aides at the ready, arguments on whether to authorize one of the largest class-action suits in Canadian history, on behalf of citizens of Lac-Mégantic, began in a crowded...
Oil-by-rail shipments from Western Canada expected to triple in next two years
(Source: Financial Post, June 9, 2014) CALGARY — Shipments of oil by rail from Western Canada are expected to more than triple in next two years, as the sector heads into a severe shortage of pipeline capacity by next year, according to a new forecast by the Canadian...
CSX asking New York to keep oil train information secret
(Source: Albany Times Union, June 9, 2014) ALBANY, N.Y. — A request by CSX that the state keep secret newly required federal reports on oil train traffic and routes likely would run afoul of the state's open records laws, according to the state's resident expert on...
Railroads disclose Oregon oil train routes, but state undecided whether to share publicly
(Source: The Oregonian, June 9, 2014) PORTLAND, Ore. — Two of the railroad companies that notified the Oregon State Fire Marshal's office about oil train volumes and routes asked the state to sign confidentiality agreements restricting notification to first...
Railroads wrangle with states to keep oil shipments secret
(Source: Bloomberg Businessweek, June 10, 2014) NEW YORK — Last month, the Department of Transportation ordered railroads to start giving state emergency response teams basic information about trains hauling crude oil through their cities and towns. The idea is that...
SEPTA to impose terms on Regional Rail workers; BLET says strike likely
(Source: Philadelphia Inquirer, June 10, 2014) PHILADELPHIA — SEPTA moved Monday to impose management's terms in a long-running labor dispute with Regional Rail workers, which union leaders said could prompt a strike that would halt all commuter rail service at 12:01...
