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Daily Headlines
Extreme cold causing train trouble for Amtrak
(Source: ABC Philadelphia, January 23, 2014) PHILADELPHIA -- Amtrak riders will face delays for the fourth day in a row tomorrow, and it is all because the trains just cannot handle the extremely cold weather. If you are running a railroad, cold causes problems. Heavy...
AAR: Rail traffic up 5.8% over 2013 for week ending January 18
(Source: Association of American Railroads press release, January 23, 2014) WASHINGTON, D.C. -- The Association of American Railroads (AAR) today reported increased U.S. rail traffic for the week ending Jan. 18, 2014 with 289,825 total U.S. carloads, up 4.5 percent...
Metrolink to replace contractor to avoid Positive Train Control delays
(Source: Los Angeles Times, January 23, 2014) LOS ANGELES -- Southern California's Metrolink commuter rail agency plans to replace a key subcontractor Friday in an attempt to keep on schedule a $211-million, state-of-the-art collision avoidance system. Full story: Los...
Kansas City Southern reports record 4Q and full-year 2013 revenues
(Source: Kansas City Southern press release (PDF), January 24, 2014) KANSAS CITY, Mo. -- Kansas City Southern (KCS) reported record fourth quarter 2013 revenues of $616 million. Overall, carload volumes were 2% higher than in fourth quarter 2012. Highlights: • Revenue...
Opinion: ‘It’s deja vu all over again’ as history repeats itself with MMA, GNP
(Source: Bangor Daily News opinion column by Whit Richardson, January 23, 2014) BANGOR, Maine -- This morning, Jan. 23, a federal bankruptcy judge in Bangor approved the sale of the bankrupt Montreal, Maine and Atlantic Railway to a New York investment firm. That news...
Bankruptcy judge approves $15.85 million sale of Montreal, Maine & Atlantic Railway
(Source: Bangor Daily News, January 23, 2014) BANGOR, Maine -- On January 23, U.S. Bankruptcy Louis Kornreich formally approved the tentative sale of the Montreal, Maine and Atlantic Railway to Railroad Acquisition Holdings LLC, an affiliate of New York-based Fortress...
BNSF derailment threatens to delay Bakken oil deliveries
(Source: Bloomberg, January 24, 2014) NEW YORK -- A BNSF Railway Co. train that derailed and blocked tracks in North Dakota may delay crude deliveries by as many as two days from the second-largest onshore oil producing state in the U.S. Eleven cars carrying corn...
Philadelphia City Councilman calls for hearings following CSX oil train derailment
(Source: CBS Philadelphia, January 23, 2014) PHILADELPHIA -- In light of Monday’s CSX oil train derailment, City Councilman Kenyatta Johnson is concerned about the city’s bridges and other vital infrastructure owned and operated by CSX. Full story and video: CBS...
UP’s crude shipments to Gulf Coast down in 4Q 2013
(Source: Reuters, January 23, 2014) HOUSTON -- Union Pacific Corp's crude oil shipments via rail to the U.S. Gulf Coast were down 22 percent in the fourth quarter versus a year earlier as pipeline startups increased supply in the region, a senior executive told...
A list of recent oil train crashes that prompted call for safety improvements
(Source: Associated Press, January 23, 2014) WASHINGTON, D.C. -- Accident investigation boards in the U.S. and Canada called on Thursday for tougher regulation of trains carrying crude oil, warning that an accident in a populated area could cause a “major loss of...
