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Daily Headlines
Three VIA Rail locomotive engineers killed in derailment
(Source: Hamilton Spectator, February 27, 2012) HAMILTON, Ontario — Three crew members died Sunday when VIA Rail Train 92 derailed in Burlington on Sunday, February 26. Two locomotive engineers and an engineer trainee were killed in the derailment. Rex Beatty,...
U.S. companies generating profits but wages lag behind
(Source: Bloomberg News, February 21, 2012) NEW YORK — Companies are improving margins and generating profits as wage growth for the American worker lags behind the prices of goods and services. While benefiting the bottom line for businesses, the decline in...
DOT announces $54.6 million loan to Kansas City Southern for 30 U.S.-made locomotives
(Source: U.S. Department of Transportation press release, February 22, 2012) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today announced a $54.6 million loan to Kansas City Southern Railway Company (KCSR) for the purchase of 30 new General Electric...
AAR: Railroads report 5.2 percent decrease in weekly rail traffic
(Source: Association of American Railroads press release, February 23, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported a decline in weekly rail traffic for the week ending February 18, 2012, with U.S. railroads originating 281,989...
Pa. to fund rail work at potential “cracker” site in Beaver County
(Source: Pittsburgh Tribune-Review, February 24, 2012) PITTSBURGH, Pa. — Gov. Tom Corbett has earmarked $490,000 for rail improvements at a Beaver County industrial park that has been mentioned as a possible location for a "cracker" plant that is expected to attract...
Proposed Washington port to ship Powder River Basin coal would be biggest in North America
(Source: The Daily News, February 24, 2012) LONGVIEW, Wash. — A company is proposing to build a $600 million terminal in southwest Washington to export 44 million metric tons of Powder River Basin coal to Asia each year, a total that would make it the largest such...
SEPTA to spend $100 million on Positive Train Control
(Source: Philadelphia Inquirer, February 24, 2012) PHILADELPHIA — SEPTA will spend $100 million for a new, federally mandated train-control system designed to prevent the kind of collision that killed 25 people and injured more than 130 in Los Angeles in 2008. The new...
Operating Engineers union sues to stop Indiana right-to-work law
(Source: Reuters, February 23, 2012) INDIANAPOLIS — Indiana union members will ask a federal judge on Friday to block enforcement of a controversial law that allows workers in unionized jobs to opt out of paying dues, according to lawyers involved in the case. The...
Alberta businessman Paul Haggis nominated to CP Rail board
(Source: Calgary Herald, February 22, 2012) CALGARY, Alberta — Bill Ackman has enlisted an Alberta businessman in his bid to oust Canadian Pacific’s CEO, adding Paul Haggis to a proposed slate of directors in the latest manoeuvre between the railway and its largest...
Mudslide hits BNSF railroad tracks in Everett, Wash.; 2nd slide hits equipment clearing 1st slide
(Source: Associated Press, February 22, 2012) EVERETT, Wash. — Amtrak and Sound Transit trains won't travel to Everett until Friday morning as a safety precaution, following two mudslides that hit the railroad tracks early Wednesday in the city. An excavator clearing...
