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Daily Headlines
RailAmerica reports June 2012 monthly carloads up 3.7 percent over 2011
(Source: RailAmerica press release, July 12, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads for the month ended June 30, 2012 were 72,820, up 3.7% from 70,238 in June 2011. The Company increased shipments in June 2012 in...
Railroad stocks mixed at close of July 12 trading
(Source: Associated Press, July 12, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on July 12, including Canadian Pacific Railway, which fell 0.2 percent, and Norfolk Southern, which rose 0.8 percent. Full story: CBS News
Union Pacific will meet with public on fatal Chicago derailment
(Source: Chicago Tribune, July 13, 2012) CHICAGO — Representatives from Union Pacific will appear at a community meeting to discuss the July 4 freight train derailment and viaduct collapse that took the life of a Glenview couple. The meeting, requested by officials in...
More asbestos lawsuits filed against BNSF
(Source: Lincoln Journal Star, July 12, 2012) LINCOLN, Neb. — A Houston attorney is representing three more former employees of BNSF Railway and the widow of a fourth in lawsuits alleging they suffered damages -- and in one case, death -- from exposure to asbestos...
More volatile cargo a part of railroad accidents
(Source: Dayton Daily News, July 12, 2012) DAYTON, Ohio — The number of railroad cars carrying hazardous materials involved in accidents in Ohio increased by 152 percent in the past 10 years — from 129 in 2002 to 326 last year — but industry officials stress railroad...
AAR: Railroads report weekly intermodal volume up 5.6 percent over 2011
(Source: Association of American Railroads press release, July 12, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed weekly rail traffic for the week ending July 7, 2012, with U.S. railroads originating 243,156 carloads, down 1...
Amtrak relying on U.S. funding to attract high-speed rail investors
(Source: Bloomberg News, July 12, 2012) WASHINGTON, D.C. — Amtrak, the U.S. long-distance passenger railroad, is turning its sights from private investors toward governments to fund the beginning of a $151 billion plan for bullet trains between Northeast cities by...
LaHood: High-speed rail ‘not a pipe dream’
(Source: The Hill, July 12, 2012) WASHINGTON, D.C. — Transportation Secretary Ray LaHood said Thursday that President Obama's proposals to more build high-speed railways in the United States is "not a pipe dream." LaHood has been attending the eighth annual World...
‘Higher-speed’ trains to precede true high-speed rail in U.S.
(Source: Philadelphia Inquirer, July 13, 2012) PHILADELPHIA — Can you have a European- or Japanese-style high-speed rail experience, even if the train is creeping along at less than 150 miles an hour? Yes, say international manufacturers who are touting the prospects...
Why high-speed rail could spur a Golden Age in the Northeast
(Source: The Atlantic, July 13, 2012) NEW YORK — From New York's Pennsylvania Station, you can catch a northbound subway train toward the Bronx. Thirty-nine minutes later, it will pull into Pelham Pkwy, a dozen miles away. But imagine, instead, that you could hop...
