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Daily Headlines
Transportation, construction advocates rally for surface transportation reauthorization
(Source: Progressive Railroading, June 14, 2012) Yesterday, U.S. Sen. Barbara Boxer (D-Calif.), chairwoman of the Senate Environment and Public Works Committee, other senators and representatives of the transportation and construction industries held a rally outside...
Bombardier lands multimillion-dollar San Francisco rail car order
(Source: Canadian Press, June 15, 2012) OTTAWA, Ontario — Bombardier Transportation says it has signed a deal worth up to $1.6-billion to supply San Francisco with new rail cars, the latest in a string of major contracts signed with U.S. customers. Full story: Globe...
Railroads gained market share last year, supply chain council report shows
(Source: Progressive Railroading, June 14, 2012) The Council of Supply Chain Management Professionals (CSCMP) recently released the 23rd annual "State of Logistics Report,” which shows that total U.S. business logistics costs in 2011 rose 6.6 percent to $1.28 trillion...
AAR: Weekly intermodal traffic up 3.8 percent over last year
(Source: Association of American Railroads press release, June 14, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed weekly rail traffic for the week ending June 9, 2012, with U.S. railroads originating 285,413 carloads, down...
Family net worth down nearly 40%; Financial crisis wipes out 18 years of household-wealth gains
(Source: Bloomberg News, June 12, 2012) WASHINGTON, D.C. — The financial crisis wiped out 18 years of gains for the median U.S. household net worth, with a 38.8 percent plunge from 2007 to 2010 that was led by the collapse in home prices, a Federal Reserve study...
Homely but beloved, railroad’s ‘Gallping Geese’ waddle again at Colorado museum
(Source: Associated Press, June 14, 2012) GOLDEN, Colo. — Seven contraptions known as the Galloping Geese may be the most motley-looking machines — and the most endearing — ever to rattle down American railroad tracks. A mash-up of vintage autos, buses and railroad...
Genesee & Wyoming reports traffic down 4.6 percent for May 2012
(Source: Genesee & Wyoming press release, June 13, 2012) GREENWICH, Conn. — Genesee & Wyoming Inc. today reported traffic volumes for May 2012. GWI’s traffic in May 2012 was 78,536 carloads, a decrease of 3,783 carloads, or 4.6 percent, compared with May 2011. GWI’s...
NJ transportation chief voices stronges support yet for Amtrak’s proposed Gateway tunnel project
(Source: NorthJersey.com, June 13, 2012) NEW YORK — New Jersey Transportation Commissioner Jim Simpson on Wednesday voiced his strongest support yet for Amtrak’s proposed “Gateway” tunnel project, calling it “the best project out there” to get North Jersey commuters...
PATH train service to WTC will be suspended due to President Obama’s visit
(Source: www.nj.com, June 13, 2012) NEW YORK — PATH trains to and from the World Trade Center will be suspended Thursday from roughly 3 p.m. to 6 p.m. due to President Obama’s visit to the National September 11 Memorial. Full story: www.nj.com
Romney’s plan would cut billions from cops, firefighters and teachers
(Source: Washington Post, June 13, 2012) WASHINGTON, D.C. — Romney’s actual economic plan would cut billions of dollars in federal money that goes to cops, firefighters, and teachers — perhaps more than $10 billion a year. This is the conclusion of the Center on...
