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Daily Headlines
Offshoring and safety don’t go together: Just ask Boeing
(Source: Teamster Nation, January 29, 2013) WASHINGTON, D.C. — Funny how offshoring and safety just don't seem to go together. Boeing is finding that out with its new 787, the snakebit Dreamliner. Seventy percent of the airplane's components were made outside of the...
Ray LaHood: We are behind on high-speed rail
(Source: Huffington Post, January 29, 2013) WASHINGTON, D.C. — Leaving what he called "the best job I've ever had," Transportation Secretary Ray LaHood took some parting shots at lawmakers, mainly his fellow Republicans, for lacking a vision on infrastructure...
Kansas City Southern subsidiary to move more vehicles from Mexico port
(Source: Kansas City Southern news release, January 25, 2013) KANSAS CITY, Mo. — Last week, another automotive manufacturer began importing finished vehicles through the Port of Lazaro Cardenas, marking the start of a new series of shipments of various vehicle models...
Texas-New Mexico Railroad operates first crude oil unit train
(Source: Progressive Railroading, January 28, 2013) Iowa Pacific Holdings L.L.C. subsidiary the Texas-New Mexico Railroad (TNMR) recently began moving unit trains of crude oil along its route, which serves as a key rail line in the Permian Basin oilfield. TNMR...
Norfolk Southern announces 2013 capital improvements
(Source: Norfolk Southern press release, January 28, 2013) NORFOLK, Va. — Norfolk Southern Corporation plans to spend $2 billion in 2013 for capital improvements to its rail transportation network. The largest expenditure will be $831 million for roadway improvements,...
Global Partners to acquire BNSF-served crude oil transfer facility in Oregon
(Source: Progressive Railroading, January 28, 2013) Global Partners L.P. today announced it signed an agreement to acquire a West Coast crude oil and ethanol facility near Portland, Ore., from Cascade Kelly Holdings L.L.C. for $95 million. Full story: Progressive...
Union Pacific reports employee safety statistics for 2012
(Source: Union Pacific press release, January 28, 2013) OMAHA, Neb. — Union Pacific Railroad's 2012 employee safety performance was the best in the company's 150-year history. Employees achieved a 1.01 reportable injury rate, surpassing the previous best of 1.15...
Chowchilla, high-speed rail settle lawsuit over route
(Source: Fresno Bee, January 29, 2013) FRESNO, Calif. — The California High-Speed Rail Authority announced Monday it has settled a lawsuit filed by the city of Chowchilla over the rail agency's approval of a bullet-train route between Merced and Fresno. Full story:...
KCS increases common stock dividend 10 percent
(Source: Kansas City Southern press release, January 28, 2013) KANSAS CITY, Mo. — Kansas City Southern’s (KCS) Board of Directors on January 28, 2013 declared a regular dividend of $0.215 per share on the outstanding KCS common stock, which is a 10% increase from the...
Informative reads from around the Internet for union members
(Source: Teamster Nation, January 28, 2013) WASHINGTON, D.C. — Here is this week's guide to places on the Internet you might want to visit. Full story: Teamster Nation
