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Daily Headlines
BNSF coal train derails in Washington state
(Source: Tri-City Herald, July 3, 2012) KENNEWICK, Wash. — A loaded BNSF coal train passing through Mesa derailed Monday evening, knocking about 30 cars off the track and sparking a major cleanup effort well into today. There were no injuries to the two-person crew as...
Truck driver faces third surgery after collision with Amtrak’s Texas Eagle
(Source: Fort Worth Star-Telegram, July 2, 2012) FORT WORTH, Texas — A Kennedale truck driver remained in critical condition Monday, three days after his flatbed truck and an Amtrak Texas Eagle collided at a private crossing in west Arlington. Full story: Fort Worth...
Final glance: Railroad stocks mixed at close of July 2 trading
(Source: Associated Press, July 2, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading, including CSX, which fell 0.8 percent, and CN, which rose 0.2 percent. Full story: CBS News
Lawsuits in Nevada Amtrak mishap claim crossing defects
(Source: Associated Press, July 2, 2012) RENO, Nev. — Four lawsuits filed on behalf of victims of last year's Amtrak-truck crash in northern Nevada claim railroad crossing gates either came down late or not at all. The children of an Amtrak conductor killed in the...
Union Pacific CEO sees slow, steady economy
(Source: Reuters, July 2, 2012) NEW YORK — Union Pacific Corp's chief executive said the steep slump in coal shipments has likely bottomed out and overall peak-season shipping volumes this year should be a little higher than in 2011. Full story: CNBC
Union Pacific CEO: Another record year on track for 2012
(Source: CNBC, July 2, 2012) NEW YORK — Union Pacific should post positive volumes by the end of the year in spite of a major downturn in coal shipments, the railroad's CEO told CNBC's "Closing Bell" on Monday, July 2. In fact, the railroad is projecting another...
Teamsters file for representation elections at Allegiant Air
(Source: International Brotherhood of Teamsters press release, July 2, 2012) WASHINGTON, D.C. — On July 2, the Airline Division of the International Brotherhood of Teamsters announced it has made an application to the National Mediation Board (NMB) for a...
Hoglander named National Mediation Board Chairman
(Source: National Mediation Board press release, July 2, 2012) WASHINGTON, D.C. — The National Mediation Board (NMB) is pleased to announce that Harry R. Hoglander has been named Chairman of the National Mediation Board, effective July 1, 2012 through June 30, 2013....
House hikes Amtrak budget
(Source: Associated Press, June 30, 2012) WASHINGTON, D.C. — The GOP-controlled House on Friday passed legislation boosting Amtrak's budget for updating rail lines and increasing funding for community development grants to local governments. The $107 billion measure...
Opinion: America’s long slope down
(Source: Reuters opinion column, June 20, 2012) NEW YORK — The Bush tax cuts utterly failed, the Fed’s artificially low-interest rate policies under presidents Bush and Obama do far more damage than good (especially to savers), and that the United States is harmed...