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Daily Headlines
KCS reports record revenue and carloads in 3Q 2013, driven by cross-border growth
(Source: Kansas City Southern press release (PDF), October 18, 2013) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record third quarter 2013 revenues of $622 million. Overall, carload volumes were 3% higher than in third quarter 2012. Highlights: • Revenues...
Kansas City Southern posts higher 3Q results, sees strong year-end in 2013
(Source: Reuters, October 18, 2013) KANSAS CITY, Mo. — Kansas City Southern posted higher quarterly profit and revenue as the railroad saw improved shipments, and it said it expects a strong end to the year as cross-border business grew. Full story: Reuters
High-speed rail construction begins in California with an uncertain future
(Source: Associated Press, October 20, 2013) FRESNO, Calif. — Trucks loaded with tomatoes, milk and almonds clog the two main highways that bisect California's farm heartland, carrying goods to millions along the Pacific coast and beyond. This dusty stretch of land is...
BNSF opens new Logistics Park Kansas City intermodal facility
(Source: BNSF Railway press release, October 17, 2013) FORT WORTH, Texas — BNSF Railway today introduced its new Logistics Park Kansas City (LPKC) Intermodal Facility in Edgerton, Kan., to customers, business and elected officials during the facility's grand opening...
CSX selects site for new Pittsburgh-area intermodal facility
(Source: CSX press release, October 17, 2013) JACKSONVILLE, Fla. — CSX Corporation (CSX) and its transportation and intermodal terminals subsidiaries today announced plans to design and build a new intermodal facility in McKees Rocks and Stowe Township, Pa., near...
CN Rail dispute with TCRC may disrupt grain exports
(Source: Bloomberg News, October 17, 2013) CALGARY — A possible strike or lockout by Canadian National Railway Co. (CNR) workers may disrupt grain shipments and lead to contract penalties and defaults, according to the Western Grain Elevator Association. About 95...
Amtrak’s Texas Eagle route posts fifth straight record year
(Source: Longview News-Journal, October 18, 2013) LONGVIEW, Texas — The Amtrak route that runs through Longview posted its fifth annual ridership record in as many years and set a monthly ridership record in July. Griff Hubbard, revenue manager for Amtrak’s Texas...
Report: Pipelines pose less risks than trains or trucks in carrying oil
(Source: The Hill, October 17, 2013) WASHINGTON, D.C. — Transporting oil is safer via a pipeline than by trucks or trains, posing a significantly lower risk to workers, according to a new study from Canada's Fraser Institute. Full story: The Hill
Longshoremen continue strike at Port of Baltimore
(Source: Journal of Commerce, October 17, 2013) BALTIMORE, Md. — A longshoremen’s strike that has idled the Port of Baltimore continued into its second day. According to the Journal of Commerce, members of International Longshoremen’s Association Local 333 struck on...
ATU, SEIU begin transit strike in San Francisco
(Source: Associated Press, October 18, 2013) SAN FRANCISCO, Calif. — People in the San Francisco Bay area faced a frustrating Friday commute as workers for Bay Area Rapid Transit (BART) walked off the job for the second time in four months. Representatives of the...