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Daily Headlines

KCS increases common stock dividend, sets annual meeting date

(Source: Kansas City Southern press release, January 27, 2014) KANSAS CITY, Mo. -- Kansas City Southern’s (KCS) (NYSE:KSU) Board of Directors on January 27, 2014 declared a regular dividend of $0.28 per share on the outstanding KCS common stock, which is a 30%...

Editorial: Oil trains require crude awakening

(Source: South Jersey Times, January 29, 2014) We want our region to keep being an energy dynamo, but not with increased transportation risks. The feds need to clamp down on the condition and suitability of the cars, the speed of the trains and their routing through...

On The Plains, the rush for oil has changed everything

(Source: National Public Radio, January 29, 2014) NEW YORK -- A remarkable transformation is underway in western North Dakota, where an oil boom is changing the state's fortunes and leaving once-sleepy towns bursting at the seams. In a series of stories, NPR is...

Oil producers ask regulators not to rush rail safety rules

(Source: Canada.com, January 28, 2014) OTTAWA -- Lobby groups representing Canadian and U.S. oil producers are asking regulators in North America not to rush into new rail safety rules that could affect the “competitiveness” of shipping products by rail. Full story:...

Bills in Washington State take aim at safety of oil transport

(Source: The Olympian, January 28, 2014) OLYMPIA, Wash. -- A shifting U.S. energy landscape has state lawmakers in Olympia taking a renewed look at the transport of oil through Washington railways and waterways. Full story: The Olympian

Extra Super Bowl rail service begins on NJ Transit

(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: Asbury Park Press

MBTA’s new rail cars head for a retooling

(Source: Boston Globe, January 29, 2014) BOSTON -- A long-awaited fleet of MBTA commuter rail cars, delivered 2½ years late by the South Korean manufacturer, is now so plagued by mechanical, engineering, and software problems that it has to be shipped to a facility in...

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