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Daily Headlines
STB: BNSF, KCS, UP mediation ‘mandatory’
(Source: Railway Age, April 15, 2014) NEW YORK -- The Surface Transportation Board is directing BNSF Railway, Kansas City Southern Railway, and Union Pacific to "Engage in mandatory mediation to resolve" the issue of trackage rights over nine miles of right-of-way in...
Wyoming oil train terminal up and running
(Source: Star Herald, April 15, 2014) FORT LARAMIE, Wyo. -- A new Goshen County facility will be moving crude oil in new ways. Eighty-Eight Oil LLC (EEOLLC) unveiled its new unit train facility at Fort Laramie, Wyo., during a grand opening ceremony Tuesday. Located...
By the numbers: Crude by rail in Maine
(Source: Maine Center for Public Interest Reporting, April 16, 2014) BANGOR, Maine -- Railroads carried 4.2 million barrels of crude oil — enough to fill up 267 Olympic-size swimming pools — through Maine last year, up from 25,000 barrels in 2011 and down from 5.2...
Maine not prepared for Lac-Megantic type crude accident on rail lines
(Source: Bangor Daily News, April 16, 2014) (The First of Two Parts) BANGOR, Maine -- Less than a year ago, a runaway train carrying crude oil derailed in Lac-Megantic, a small Quebec town 10 miles from the Maine border. Full story: Bangor Daily News
California preparing for boom in crude by rail shipments
(Source: Associated Press, April 15, 2014) NEW YORK -- California is preparing for an oil boom — brought in on rail cars. There are no pipelines that bring crude oil into California. For decades, the fuel that powers the state’s 32 million vehicles has come from...
Stock holders file class action lawsuit against KCS
(Source: Robbins Geller Rudman & Dowd LLP press release, April 15, 2014) NEW YORK -- - Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) today announced that a class action has been commenced in the United States District Court for the Western District of Missouri...
MBTA to debut new, more efficient locomotives
(Source: Boston Globe, April 15, 2014) BOSTON -- MBTA officials will unveil the first of 40 new environmentally friendly commuter rail locomotives at North Station on Wednesday, transportation officials said. Full story: Boston Globe
STB orders railroads to report plans for delivering fertilizer
(Source: Bismarck Tribune, April 15, 2014) BISMARCK, N.D. -- The U.S. Surface Transportation Board is ordering railroads to report by Friday their plans to make sure fertilizer is delivered to farmers for spring planting, North Dakota’s congressional delegation says....
CSX announces 1Q 14 earnings and dividend increase
(Source: CSX press release, April 15, 2014) JACKSONVILLE, Fla. — CSX Corporation today announced first-quarter net earnings of $398 million, or $0.40 per share, down from $462 million, or $0.45 per share in the same quarter of 2013. Highlights: • First-quarter...
Union Pacific rebuilding gigantic steam locomotive
(Source: Associated Press, April 15, 2014) CHEYENNE, Wyo. — In its prime, a massive steam locomotive known as Big Boy No. 4014 was a moving eruption of smoke and vapor, a 6,300-horsepower brute dragging heavy freight trains over the mountains of Wyoming and Utah. It's...
