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Daily Headlines
Sale of MMA Railway finalized; New head says up to $10 million in track investments on the way
(Source: Bangor Daily News, May 15, 2014) BANGOR, Maine — As sale documents were being completed, the man taking over the former Montreal, Maine and Atlantic Railway was at the Spectacular Events Center in Bangor on Thursday afternoon to share the new management’s...
U.S. rail network delays derail auto deliveries
(Source: Detroit News, May 16, 2014) DETROIT, Mich. — The snow, ice and extreme chill may be gone, but automakers still are feeling the aftereffects of the harsh winter: For months, big delays in the nation’s rail network have forced them to park newly built cars and...
Bickering continues: Oil industry says Bakken crude no more flammable than other crudes, blames railroads for oil train explosions
(Source: Bloomberg Businessweek, May 16, 2014) WASHINGTON, D.C. — Officials with the oil industry are citing new reports, which they funded, indicating that Bakken crude is no more flammable than other crudes and that oil train explosions aren't the fault of the crude...
SEPTA seeks White House help in labor dispute
(Source: Philadelphia Inquirer, May 15, 2014) PHILADELPHIA, Pa. — SEPTA will ask the Obama administration to appoint an emergency board to try to settle its long-running labor dispute with Regional Rail engineers and electricians, spokeswoman Jerri Williams said...
Authorities say passenger assaulted SEPTA train conductor
(Source: Philadelphia Inquirer, May 15, 2014) PHILADELPHIA, Pa. — An unruly passenger assaulted a train conductor on SEPTA's Norristown High Speed Line yesterday afternoon, officials said. Full story: Philadelphia Inquirer
Norfolk Southern VP sells $488,150 in stock
(Source: The Legacy, May 14, 2014) NEW YORK — Norfolk Southern Corp. VP Deborah H. Butler sold 5,000 shares of the stock on the open market in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $97.63, for a total transaction of...
Sale of MMA Railway expected to close today
(Source: Associated Press, May 15, 2014) PORTLAND, Maine — The sale of the Maine-based railroad responsible for a deadly oil train derailment in Quebec is nearly final. Chapter 11 trustee Robert Keach said the $15.85 million sale of bankrupt Montreal, Maine and...
Metro-North response to FRA “Deep Dive” report expected soon
(Source: Journal News, May 14, 2014) NEW YORK — Keep an eye out for Metro-North Railroad’s response to the harsh “Deep Dive” report issued by the Federal Railroad Administration on March 14. Officials have until Saturday to respond. Full story: www.lohud.com
Metro-North chief Giulietti: ‘Hang in there with us’
(Source: Journal News, May 14, 2014) WHITE PLAINS, N.Y. — Metro-North Railroad President Joseph Giulietti's message to riders Wednesday was a simple plea to stick with the system. Full story: www.lohud.com
Thune, Johnson see improved freight rail service, urge railroads to do more
(Source: USA Today, May 14, 2014) WASHINGTON, D.C. — South Dakota lawmakers say BNSF and Canadian Pacific need to do more to restore service back to normal for area shippers, with the state’s lone Democrat in Washington pushing the regulatory body overseeing the...
