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Daily Headlines
Quebec at front of the line of MMA creditors, but could step aside for victims
(Source: Montreal Gazette, August 8, 2013) MONTREAL — Creditor protection is not necessarily the beginning of the end for a company, but it will be in the case of the Montreal, Maine & Atlantic Railway. While it continues to operate for the time being, primarily to...
MMA’s insurance policies won’t cover costs from Lac-Megantic disaster
(Source: Montreal Gazette, August 8, 2013) MONTREAL — The Montreal, Maine & Atlantic Railway holds at least two insurance policies, but neither will come close to covering recovery costs in Lac-Mégantic. In court documents filed on Tuesday, MMA estimated that...
Worker wages: Wendy’s vs. Wal-Mart vs. Costco
(Source: CNN Money, August 6, 2013) NEW YORK — Can a company pay its workers well and also make money? Many aren't quite hitting the right balance. Hundreds of dissatisfied workers at major American companies like Wal-Mart, McDonald's and Wendy's have joined protests...
China Railway Corp. plans first train orders of $8.2 billion
(Source: Bloomberg News, August 7, 2013) WASHINGTON, D.C. — China’s state-owned railway company will spend more than 50 billion yuan ($8.2 billion) in its first large-scale train purchases to meet rising transport demand even as the economy slows, Xinhua News Agency...
CSX acquires Eastern Associated Terminal in Tampa, Fla.
(Source: CSX press release, August 7, 2013) JACKSONVILLE, Fla. — CSX Corporation announced today the purchase of the Eastern Associated Terminal in Tampa, Fla. from the Ingram Barge Company. The phosphate export facility is adjacent to CSX Transportation Inc.’s...
Chief of Massachusetts DOT says improvements coming to commuter rail
(Source: Metro West Daily News, August 8, 2013) FRAMINGHAM, Mass. — With the state taking over complete control of the Framingham/Worcester commuter rail line from CSX, the MBTA is poised to continue improvements on the line, the state’s top transportation official...
Deal preserves Amtrak service in Virginia
(Source: The Daily Progress, August 7, 2013) CHARLOTTESVILLE, Va. — An operating and cost sharing agreement between Virginia and Amtrak will preserve regional passenger rail service in the Charlottesville area and statewide, Gov. Bob McDonnell’s office announced...
Operation Lifesaver announces grants to eight transit agencies for public safety campaigns
(Source: Operation Lifesaver press release, August 7, 2013) ALEXANDRIA, Va. — Eight innovative transit rail safety projects will teach riders, drivers and pedestrians around the country some valuable lessons on interacting safely with transit tracks, thanks to nearly...
Railroad pedestrian accidents on the rise so far in 2013
(Source: St. Louis Post Dispatch, August 8, 2013) ST. LOUIS, Mo. — The number of pedestrians fatally struck by trains across the nation jumped 26 percent through the first five months of this year, according to new federal data. Pedestrian railroad deaths reached 199...
Big name joins in push to bring high-speed rail to North Texas
(Source: Fort Worth Star-Telegram, August 7, 2013) IRVING, Texas — Former Texas Rangers baseball club President and prominent Fort Worth lawyer Tom Schieffer has agreed to join the effort to bring high-speed rail to North Texas, officials say. Schieffer, whose résumé...
