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Daily Headlines

CN’s $5 billion rail line seen tied to iron-ore rebound

(Source: Bloomberg, March 14, 2013) MONTREAL — Canadian National Railway Co. will revive a proposed C$5 billion ($4.99 billion) rail line in northern Quebec, a region rich in iron ore, once commodity markets recover, its partner in the project said. Last month’s...

Long Beach appeals BNSF Wilmington rail yard approval

(Source: Long Beach Press-Telegram, March 14, 2013) LONG BEACH, Calif. — The increased level of train and truck activity around the site concerns those who live in the Wilmington area. The site is near several schools, day care centers and parks in West Long Beach....

Union Pacific CEO steering a steady course after sudden appointment

(Source: Down Jones, March 14, 2013) OMAHA, Neb. — Union Pacific Corp. Chief Executive Jack Koraleski faced immediate challenges after taking the helm a year ago, with coal shipments on a steep decline and a drought sapping demand for grain transport. But one of the...

AAR: Intermodal up 4 percent over 2012 for week ending March 9

(Source: Association of American Railroads press release, March 14, 2013) WASHINGTON, D.C. — AAR reported mixed rail traffic for the week ending March 9, 2013, with total U.S. weekly carloads of 276,698 carloads, down 0.9 percent compared with the same week last year....

Class I railroads rate the state of Positive Train Control

(Source: Progressive Railroading, March 15, 2013) There's still a lot of work that needs to be accomplished by U.S. Class Is to implement positive train control (PTC) systems by the federally mandated deadline of Dec. 31, 2015. And there's one thing executives who...

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