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Daily Headlines
Teamsters union protests against newspaper publisher
(Source: Philadelphia Inquirer, October 15, 2013) PHILADELPHIA, Pa. — On Tuesday, the battle over The Inquirer shifted to employees. Outside the newspaper's Center City headquarters, members of the Teamsters locals who package and deliver the paper inflated a 15-foot...
Teamsters win new pro-workers laws in California
(Source: Teamster Nation, October 15, 2013) WASHINGTON, D.C. — California Gov. Jerry Brown last week signed three bills that will strengthen the state’s labor laws by protecting workers from employer retaliation. This is a huge win for Teamsters Joint Council 7, which...
Captive rail shippers plead: Set us free
(Source: Forbes, October 15, 2013) NEW YORK — Shippers who are dependent upon a single railroad to move their freight are asking regulators and legislators for relief. Producers of coal, steel, grain, energy and other commodities located in certain rural areas...
CSX raises full-year profit forecast as crude oil shipments rise
(Source: Bloomberg Business Week, October 15, 2013) WASHINGTON, D.C. — CSX Corp. unexpectedly boosted its full-year profit forecast as the biggest railroad in the eastern U.S. bets on intermodal freight to help stanch declines in shipments of coal, its largest cargo....
CSX 3Q profit grows 2 percent on higher volume, rates
(Source: Associated Press, October 15, 2013) OMAHA, Neb. — CSX says it delivered a 2 percent profit increase in the third quarter as the railroad operator’s overall revenue rose despite disappointing coal revenue. The results beat Wall Street expectations, and the...
CSX announces 3Q 2013 earnings
(Source: CSX press release, October 15, 2013) JACKSONVILLE, Fla. — CSX Corporation today announced third-quarter net earnings of $463 million, or $0.46 per share, up from $455 million, or $0.44 per share, in the same period last year. This performance was supported by...
Amtrak and state partners reach agreement to preserve all corridor routes
(Source: Amtrak press release (PDF), October 15, 2013) WASHINGTON, D.C. — Amtrak has successfully negotiated contracts with 19 state transportation departments and other entities to increase state control and funding of 28 current passenger rail routes. America’s...
Funding agreement rescues Amtrak service in Indiana
(Source: Indianapolis Star, October 16, 2013) INDIANAPOLIS, Ind. — Amtrak service between Indianapolis and Chicago will continue — at least for a year. Gov. Mike Pence announced Tuesday that the state and local communities have reached an agreement with Amtrak to keep...
For Amtrak, another year of record-breaking ridership
(Source: Railway Age, October 14, 2013) NEW YORK — Congressional ultra-conservatives, including so-called “Tea Party” activists, may be trying to de-fund or perhaps even dismantle Amtrak, but the railroad’s soaring ridership numbers strongly suggest that the American...
Amtrak’s Northeast Corridor has its second-best year ever for ridership
(Source: NBC Washington, October 15, 2013) WASHINGTON, D.C. — Riding the rails is as popular as it's ever been, at least for Amtrak. Ridership for Amtrak's Northeast Corridor between Boston and Washington reached 11.4 million passengers, the second-best year for the...
