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Daily Headlines
Judge rejects bid to halt California high-speed rail project
(Source: Los Angeles Times, November 19, 2012) LOS ANGELES — A Sacramento County judge has rejected a bid by agricultural interests to temporarily halt California's bullet train project in the Central Valley until a lawsuit can be decided. After a three-hour hearing,...
Railroad stocks mixed at close of November 16 trading
(Source: Associated Press, November 16, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on November 16, including CN, which rose 0.1 percent, and Norfolk Southern, which fell 1.2 percent. Full story: CBS News
AAR: Railroads report intermodal volume up again for week ending November 10, 2012
(Source: Association of American Railroads press release, November 15, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed weekly rail traffic for the week ending November 10, 2012, with U.S. railroads originating 283,414...
Ohio’s railroad infrastructure improvement initiative nearing completion
(Source: Youngstown Vindicator, November 18, 2012) YOUNGSTOWN, Ohio — An $850 million investment to improve railroad infrastructure across Ohio and allow more freight from ports in the eastern part of the country to pass through the Midwest is nearing its completion...
Georgia Port Authority opens expanded rail yard near Savannah
(Source: Savannah Morning News, November 16, 2012) SAVANNAH, Ga. — With the snap of a ribbon and a shower of confetti, two shiny black locomotives chugged down newly laid track at the Georgia Ports Authority’s Mason Intermodal Container Transfer Facility Friday...
Iowa Interstate RR willing to host passenger trains, its chairman says
(Source: The Gazette, November 18, 2012) CEDAR RAPIDS, Iowa — The Iowa Interstate Railroad remains willing to host new passenger rail service across Iowa if the state and Amtrak can reach an agreement to develop and fund it, a top executive of the Cedar Rapids-based...
Illinois high-speed rail gets environmental approval
(Source: Associated Press, November 16, 2012) CHICAGO — Illinois and the federal government have approved an environmental impact statement for the high-speed rail line under construction between Chicago and St. Louis. Full story: Bloomberg Businessweek
Hostess triples CEO’s pay, but blames unions for bankruptcy
(Source: Think Progress, November 16, 2012) While headlines have been quick to blame unions for the downfall of Hostess, there’s actually more to the story: While the company was filing for bankruptcy, for the second time, earlier this year, it actually tripled its...
Teamsters statement on Hostess announcement to cease operations
(Source: Statement by Ken Hall, General Secretary-Treasurer, International Brotherhood of Teamsters, November 16, 2012) WASHINGTON, D.C. — Today, Teamsters General Secretary-Treasurer Ken Hall made the following statement regarding Hostess’ decision to cease...
Preparing transportation for the next superstorm
(Source: Asbury Park Press, November 18, 2012) ASBURY PARK, N.J. — Transportation officials — from Amtrak to NJ Transit to the Port Authority — are looking for ways to prevent the next storm from knocking their systems off line. Full story: Asbury Park Press