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Daily Headlines
Fire is out, Norfolk Southern begins cleanup as NTSB probes for cause
(Source: Columbus Dispatch, July 12, 2012) COLUMBUS, Ohio — Federal investigators seeking the cause of a North Side train derailment are taking a close look at the tracks, after early scrutiny of the crew’s actions and the train itself revealed no glaring problems....
Railroad stocks mixed at close of July 11 trading
(Source: Associated Press, July 11, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading, including CN, which rose 1.3 percent, and Kansas City Southern, which fell 1.1 percent. Full story: CBS News
CSX Corporation declares quarterly dividend
(Source: CSX press release, July 11, 2012) JACKSONVILLE, Fla. — On July 11, the Board of Directors of CSX Corporation approved a $0.14 per share quarterly cash dividend on the company's common stock. The dividend is payable on September 14, 2012, to shareholders of...
On-board camera captured Union Pacific derailment that killed Chicago-area couple
(Source: Chicago Sun-Times, July 11, 2012) CHICAGO — A video camera on the Union Pacific freight train that derailed on July 4 in Northbrook captured the train’s crash atop a bridge that then collapsed and killed a Glenview couple in a car beneath it, officials said....
Transportation secretary Ray LaHood: High-speed rail ‘long overdue’
(Source: Philadelphia Inquirer, July 12, 2012) PHILADELPHIA — Comparing bullet trains to grand American achievements of the past, President Obama's transportation chief Ray LaHood said benefits of a high-speed rail network would far outweigh the multibillion-dollar...
NTSB seeking answers following NS derailment, explosion in Columbus
(Source: Associated Press, July 12, 2012) COLUMBUS, Ohio — Exploding freight cars full of ethanol made for a dramatic early morning scene in Ohio's capital on Wednesday, but officials said the train derailment that led to a hurried evacuation of an urban neighborhood...
Amtrak plans 37-minute train from New York to Philadelphia by 2040
(Source: Reuters, July 9, 2012) PHILADELPHIA — Amtrak announced a $151 billion improvement plan on Monday that includes 37-minute trips from New York to Philadelphia at speeds approaching 220 miles per hour. Full story: Reuters.com
NTSB issues preliminary report on fatal June 24 collision in Okla.
(Source: National Transportation Safety Board (NTSB) press release, July 9, 2012. BLET Members Dan J. Hall and John S. Hall, both of Division 592, were killed in the collision.) Eastbound Union Pacific Railroad (UP) Freight Train ZLAAH-22 and Westbound UP Freight...
Railroad stocks down at close of July 10 trading
(Source: Associated Press, July 10, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on July 10, including CSX, which fell 0.8 percent, and Canadian Pacific, which fell 0.4 percent. Full story: CBS News
NS freight train derails, catches fire in Columbus, Ohio
(Source: Reuters, July 11, 2012) COLUMBUS, Ohio — A Norfolk Southern freight train derailed and caught fire in Columbus, Ohio, early on Wednesday, forcing nearby residents to evacuate, authorities said. The 98-car train was carrying "mixed freight," a spokesman for...
