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Daily Headlines
Genesee & Wyoming names David A. Brown as successor to COO James W. Benz
(Source: Genesee & Wyoming press release, June 7, 2012) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) today named David A. Brown as the successor to GWI’s current Chief Operating Officer (“COO”), James W. Benz. The appointment comes in anticipation of Benz’s...
Sen. Schumer presses FRA on freight train debris
(Source: The Island Now, June 7, 2012) LONG ISLAND, N.Y. — Sen. Charles Schumer (D-NY) is continuing his campaign to push the Federal Railroad Administration to investigate open railway cars carrying debris on the Long Island Rail Road main line through Mineola as...
MTA completes tunnel under Sunnyside Yard
(Source: Queens Courier, June 6, 2012) QUEENS, N.Y. — The Metropolitan Transit Authority’s (MTA) plan to connect the LIRR from Queens to Manhattan is on track to finish ahead of schedule. Transit workers completed the third of four tunnels underneath Sunnyside Yard...
Metra says NATO summit cost rail line $800,000
(Source: Chicago Tribune, June 6, 2012) CHICAGO — The NATO summit at McCormick Place cost Metra $800,000 in lost revenue from customers who stayed away and extra security expenses like bomb-sniffing dogs, the commuter railroad agency said Wednesday. Full story:...
Railroad stocks mixed at close of June 7 trading
(Source: Associated Press, June 7, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on June 7, including CP Rail, which fell 0.6 percent, and Kansas City Southern, which rose 1.4 percent. Full story: CBS News
Norfolk Southern CEO: Coal will come back
(Source: The State Journal, June 7, 2012) CHARLESTON, W.Va. — Coal business may be off temporarily, but most other business is up, according to Norfolk Southern Corp. Norfolk Southern CEO Wick Moorman addressed the company's 12 percent drop in stock price this year in...
$2 million verdict upheld vs CSX in W.Va. workplace case
(Source: Associated Press, June 7, 2012) CHARLESTON, W.Va. — West Virginia's Supreme Court has upheld a $2.1 million judgment awarded against CSX Transportation in a hostile work environment case. A Boone County jury found that trainmaster Angela Smith was wrongly...
Two Longshoremen unions consider alliance against non-union forces
(Source: Journal of Commerce, June 7, 2012) WASHINGTON, D.C. — According to the Journal of Commerce, the nation’s two dock worker unions may take the lead in forming a maritime labor alliance to protect their jurisdiction against encroachment by non-maritime unions or...
AAR: Railroads report highest-ever May intermodal average
(Source: Association of American Railroads press release, June 7, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail carloads originated in May 2012 totaled 1,392,352, down 40,405 carloads or 2.8 percent, compared with May...
Sediment work to begin today on Whitefish Lake
(Source: The Daily Inter Lake, June 7, 2012) WHITEFISH, Mont. — The removal of contaminated sediment left in Whitefish Lake by a 1989 train derailment and fuel spill is scheduled to begin today in Mackinaw Bay and should be finished by the end of June. BNSF Railway...
