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Daily Headlines
The legal quagmire of Lac-Megantic
(Source: Montreal Gazette, April 20, 2014) MONTREAL -- Nine months after a runaway oil train derailed in Lac-Mégantic, killing 47 people and destroying a large chunk of the town, a plan for financially compensating disaster victims is taking shape. Full story:...
Klamath Falls railroad worker accused of shooting co-worker to death
(Source: Herald and News, April 18, 2014) KLAMATH FALLS, Ore. -- A homicide Thursday morning at the BNSF Railway facility in Klamath Falls is under investigation. A suspect is in custody and has been charged with murder. The victim was Emery W. Connor, a mechanical...
Amtrak continues to study Susquehanna River bridge’s future
(Source: Baltimore Sun, April 16, 2014) BALTIMORE, Md. -- Officials with Amtrak are seeking the public's input as they begin a three-year study regarding the refurbishment – or replacement – of their 108-year-old railroad bridge across the Susquehanna River between...
CN says it is gradually catching up on lumber shipments
(Source: Bloomberg Businessweek, April 16, 2014) OTTAWA -- Canadian National Railway Co. said it’s alleviating a shortage of rail capacity for lumber shipments in British Columbia. A railroad spokeswoman told Bloomberg that CN's ability to move wood products is...
Freight traffic, winter storms slow Amtrak service
(Source: Albany Times Union, April 16, 2014) RENSSELAER, N.Y. -- Freight traffic, including a growing number of oil trains, and severe winter weather all contributed to growing delays facing Amtrak trains nationwide. Full story: Albany Times Union
Fracking sand spurs grain-like silos for rail transport
(Source: Bloomberg Businessweek, April 17, 2014) NEW YORK -- The U.S. shale oil boom is putting millions of tons of sand onto North American railroads, enabling carriers to pack trains full instead of hauling just a handful of cars at a time. With the emergence of...
California appeals court denies petition, clears way for high-speed rail trial
(Source: Fresno Bee, April 16, 2014) FRESNO, Calif. -- A state appeals court rejected a petition by the California High-Speed Rail Authority, potentially clearing the tracks for a trial over whether the agency's controversial and ambitious bullet-train plan can comply...
After ‘end of the world’ explosion, Lac-Megantic tries to find hope
(Source: Bangor Daily News, April 17, 2014) (Second of two parts) LAC-MEGANTIC, Quebec -- Eight months ago, the people of Lac-Megantic thought the world was ending. A runaway 72-car train carrying a volatile variety of crude oil derailed and exploded in this community...
KCS achieves record first quarter revenues and carloads in 1Q 2014
(Source: Kansas City Southern press release (PDF), April 16, 2014) KANSAS CITY, Mo. -- Kansas City Southern (KCS) reported first quarter 2014 revenues of $607 million. Overall, carload volumes were 4% higher than in first quarter 2013. First quarter 2014 highlights: •...
Union Pacific reports record results in 1Q 2014
(Source: Union Pacific press release, April 17, 2014) OMAHA, Neb. -- Union Pacific Corporation today reported 2014 first quarter net income of $1.1 billion, or $2.38 per diluted share, compared to $957 million, or $2.03 per diluted share, in the first quarter 2013....
