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Daily Headlines
Concern grows over Bakken oil trains near Glacier Park, other sensitive areas
(Source: The Missoulian, April 27, 2014) MISSOULA, Mont. -- With scrutiny growing about the safety of moving crude oil by rail, Western Montana residents wonder how increased shipments will be kept safe along sensitive places like the border of Glacier National Park....
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...
SEPTA to get at least $150 million under ad contract
(Source: Philadelphia Inquirer, April 24, 2014) PHILADELPHIA, Pa. -- SEPTA's board of directors Thursday approved an advertising contract that will pay the transit authority at least $150 million over nine years. SEPTA retained its current advertising company, Titan...
Inside the Hunter Harrison era at CP Railway
(Source: Globe and Mail, April 25, 2014) TORONTO -- Driving through the rusty underbelly of southeast Calgary, past the scrapyards, used car lots and grain mills, you come upon a windswept field of train tracks and semi-abandoned buildings—a century-old industrial...
Union Pacific ordered to reinstate injured employee, pay more than $85,000 in damages after OSHA found illegal retaliation
(Source: U.S. Department of Labor press release, April 23, 2014) KANSAS CITY, Mo. -- Union Pacific Railroad has been ordered to reinstate an injured employee and pay the worker more than $85,000 in damages following an investigation by the U.S. Department of Labor's...
Mile-long oil train moves on Oregon side of gorge
(Source: Associated Press, April 24, 2014) PORTLAND, Ore. -- Representatives of Friends of the Columbia Gorge said they met with Union Pacific officials earlier this month and were assured the company was moving only a few cars of oil on the Oregon side of the gorge,...
