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Daily Headlines
What does buyer see in small, bankrupt Maine railway?
(Source: Portland Press Herald, January 31, 2014) PORTLAND, Maine -- The answer, say transportation experts, is Fortress probably sees potential in the railroad’s unique geographic position on the North American continent. Full story: Portland Press Herald
Wrongful death claimants in MMA derailment case craft plan, choose lead negotiator
(Source: Progressive Railroading, January 30, 2014) Chicago law firm Meyers & Flowers yesterday announced the Unofficial Committee of Wrongful Death Claimants in the Montreal, Maine & Atlantic Railway (MMA) Chapter 11 bankruptcy case has filed a plan and installed...
Man found guilty on all charges in death, injury of CSX workers
(Source: Toledo Blade, January 30, 2014) BOWLING GREEN, Ohio -- A Woodville, Ohio man charged with driving through a barricade and crashing into a CSX Transportation work crew, killing one worker and injuring two others, was found guilty today on all charges. After...
NJ Transit adds extra rail service for Super Bowl XLVIII
(Source: Associated Press, January 29, 2014) NEWARK, N.J. — New Jersey Transit is operating additional trains to handle customers heading to and from Super Bowl activities. Full story: NorthJersey.com
Fans taking NJ Transit to Super Bowl will get bags screened by TSA
(Source: Associated Press, January 31, 2014) SECAUCUS, N.J. -- Super Bowl fans who take the train to the big game might confuse the rail station with an airport. That's because the Transportation Security Administration will be screening all bags for explosives at the...
Slideshow: Railroad police dogs lend a paw with Super Bowl security
(Source: WFAA, January 30, 2014) NEW YORK -- Amtrak and local police have been augmented by Transportation Security Administration (TSA), police to increase law enforcement visibility at Manhattan’s Penn Station, which will be a major hub for fans attending this...
AAR: Rail traffic up 4.4 percent over 2013 for week ending January 25
(Source: Association of American Railroads press release, January 30, 2014) WASHINGTON, D.C. -- The Association of American Railroads (AAR) today reported increased U.S. rail traffic for the week ending Jan. 25, 2014 with 280,761 total U.S. carloads, up 5.6 percent...
CN reports Q4 2013 net income of C$635 million; Full year 2013 earnings per share up 9 percent
(Source: CN press release, January 30, 2014) MONTREAL -- CN today reported its financial and operating results for the fourth quarter and year ended Dec. 31, 2013. Fourth-quarter and full-year 2013 financial highlights • Fourth-quarter 2013 net income was C$635...
CN Rail Q4 2013 profit stung as winter chill adds to costs
(Source: Reuters, January 30, 2014) TORONTO -- Canadian National Railway reported higher quarterly earnings on Thursday, saying its full-year volumes and revenue hit record highs, but the results were tempered by extreme winter weather in December and came in slightly...
Metra’s board faces decision on new executive director
(Source: Chicago Tribune, January 30, 2014) CHICAGO -- Seven months after the ouster of Metra's CEO in a controversy that rocked the agency's top leadership and resonated all the way to Springfield, Metra's board is poised to select a new chief executive. Full story:...
