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Daily Headlines

UP to begin upgrading Altoona yard in Wisconsin

(Source: Associated Press, April 26, 2014) ALTOONA, Pa. -- Union Pacific Railroad will soon begin $30 million in improvements at the Altoona rail yard. Full story: Journal Times

CSX train congestion spurs headaches, safety concerns near N. Baltimore

(Source: Toledo Blade, April 27, 2014) NORTH BALTIMORE, Ohio -- For most of the time since its opening three years ago, CSX’s North Baltimore Intermodal Terminal has been a source of pride for the company — one Vice President Joe Biden touted last fall as a shining...

LIRR unions, MTA negotiators end talks without a deal

(Source: New York Daily News, April 24, 2014) NEW YORK -- Efforts to resolve the labor dispute between the MTA and Long Island Rail Road workers — who have vowed to strike this summer unless they have a contract — came up short again on Thursday. Metropolitan...

New rules could settle tank car dispute for oil by rail sector

(Source: Reuters, April 28, 2014) WASHINGTON, D.C. -- New rules on moving hazardous materials like crude oil on U.S. railroads could settle a dispute between the energy industry and rail companies that boils down to a fraction of an inch of steel in the frame of each...

Feds plan new oil tanker safety standards

(Source: Poughkeepsie Journal, April 26, 2014) WASHINGTON, D.C. -- Transportation Secretary Anthony Foxx plans to propose comprehensive rules this coming week to deal with safety issues arising from recent deadly accidents involving trains carrying crude oil or...

GE poised to tap $57 billion overseas cash in Alstom deal

(Source: Bloomberg, April 23, 2014) NEW YORK -- General Electric Co. can dip into the $57 billion of cash it has amassed overseas to buy France’s Alstom SA in its biggest acquisition ever, a person with knowledge of the matter said. GE is in discussions to pay more...

Budget group wants NJ Transit to take over PATH

(Source: Asbury Park Press, April 25, 2014) NEW YORK -- A New York Citizens Budget Commission study released Thursday said NJ Transit should take over the PATH rail system to eliminate a potential $500 million deficit, and finance it by raising fares by 50 percent and...

New president says Metro-North gaining on goals

(Source: Stamford Advocate, April 24, 2014) WESTPORT, Conn. -- Metro-North President Joseph Giulietti told commuters Thursday that he couldn't say when the railroad would regain the consistency riders experienced in early 2013, before track maintenance and other...

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