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Daily Headlines

Amtrak rolling toward fall construction of locomotive maintenance hub

(Source: News Journal, January 30, 2014) WILMINGTON, Del. -- Amtrak is rolling toward a fall construction start for a more-than $12 million maintenance hub in Wilmington to support its new locomotive fleet – work that could also help to curb toxic runoff from a...

New York’s forgotten high-speed rail study

(Source: Capital New York, January 30, 2014) ALBANY, N.Y. -- On Tuesday, following months of delays, the Federal Railroad Administration quietly posted to its website a New York State study study outlining five different options for "high speed rail" connecting New...

Texas high-speed rail project reaches new milestone

(Source: Cypress Creek Mirror, January 29, 2014) HOUSTON -- It may not be moving at high-speed yet, but Texas Central Railway has reached a new milestone with federal and state regulators to advance its plans for a privately-funded bullet train between Greater Houston...

Groups seek closer review of Whatcom County rail shipments of crude oil

(Source: Bellingham Herald, January 30, 2014) BELLINGHAM, Wash. -- As concerns grow about rail shipments of crude oil, Bellingham City Council and Whatcom County Council have passed resolutions calling for better federal regulations, and environmental groups have made...

Exxon to move Canadian crude by rail amid pipeline shortage

(Source: Fuel Fix, January 30, 2014) HOUSTON -- With limited pipeline options to ship oil sands crude out of Canada, Exxon Mobil Corp. plans to move up to 100,000 barrels per day of Canadian oil using a new rail terminal that should be running by 2015, an executive...

Norfolk Southern COO Manion sells 17,977 shares of stock

(Source: Ticker Report, January 30, 2014) NEW YORK -- Norfolk Southern Corp. Chief Operating Officer (COO) Mark Manion unloaded 17,977 shares of the company’s stock on the open market in a transaction that occurred on Monday, January 27th. The stock was sold at an...

Norfolk Southern CEO Wick Moorman sells $6.67 million in stock

(Source: WKRB, January 30, 2014) NEW YORK -- Norfolk Southern Corp. CEO Charles W. Moorman sold 72,977 shares of the company’s stock in a transaction that occurred on Tuesday, January 28. The shares were sold at an average price of $91.42, for a total transaction of...

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