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Daily Headlines
Months after oil train spill, Alabama swamp still polluted
(Source: Associated Press, March 15, 2014) ALICEVILLE, Ala. -- Environmental regulators promised an aggressive cleanup after a tanker train hauling 2.9 million gallons of crude oil derailed and burned in a west Alabama swamp in early November amid a string of North...
UP Executive VP Duren nets nearly $570,000 from stock sale
(Source: Ticker Report, March 13, 2014) NEW YORK -- Union Pacific Executive Vice President Diane K. Duren unloaded 3,055 shares of Union Pacific stock in a transaction dated Tuesday, March 11. The shares were sold at an average price of $186.50, for a total value of...
NJ Transit’s new director taking a month to listen and learn
(Source: Star-Ledger, March 12, 2014) NEWARK, N.J. -- The new executive director of NJ Transit inherits an agency still reeling from a mass transit tie-up at last month’s Super Bowl and the drowning of hundreds of trains at a Kearny rail yard during Hurricane Sandy....
GE said to be lead bidder for part of $3.2 billion South African rail plan
(Source: Bloomberg, March 14, 2014) NEW YORK -- General Electric Co. (GE) will probably be named preferred bidder to supply 465 diesel locomotives to South Africa’s state-owned Transnet SOC Ltd. as part of a $3.2 billion investment, according people familiar with the...
CN says Vancouver truck strike delaying transload shipments
(Source: Journal of Commerce, March 12, 2014) WASHINGTON, D.C. -- Canadian National Railway told forest product shippers that the ongoing truck strike at the Port Metro Vancouver is preventing them from taking all of their lumber and pulp carload shipments for...
Freight railroads plan to spend $26 billion on network improvements and hire 12,000 in 2014
(Source: Association of American Railroads press release, March 12, 2014) WASHINGTON, D.C. -- The nation’s freight railroads this year project they will spend approximately $26 billion to build, maintain, and upgrade their nationwide rail network, according to an...
Bald eagle survives collision with Amtrak train
(Source: Associated Press, March 13, 2014) CHARLESTON, W.Va. -- A bald eagle has survived a collision with an Amtrak train in the New River Gorge. Full story: Daily Journal
Morrell Park residents take CSX fight to Annapolis
(Source: Baltimore Sun, March 13, 2014) BALTIMORE, Md. -- With a few legislative victories already in hand, Laurie Weishorn will sit down before the entire Baltimore delegation in Annapolis on Friday morning and ask them to go one step further and stop CSX Corp. from...
Volatile oil, aging tank cars raise stakes for rail safety
(Source: Winona Daily News, March 14, 2014) WINONA, Minn. -- The National Transportation Safety Board calls the rail cars now in use an “unacceptable public risk.” The federal transportation department is working on new safety standards for oil tank cars that haven’t...
Albany places moratorium on crude oil port expansion
(Source: Think Progress, March 13, 2014) NEW YORK -- Albany County Executive Daniel McCoy issued an executive order Wednesday, imposing a moratorium on the heating of crude oil and expansion of crude by rail transport operations at the Port of Albany on the Hudson...