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Daily Headlines
Investors brace for next salvo in CP Rail battle
(Source: Reuters, February 5, 2012) VANCOUVER, B.C. — The activist investor rocking the caboose in Canada's usually composed rail sector needs to lay out a clear, compelling and credible turnaround plan for Canadian Pacific Railway if he wants to win over...
As railroad industry thrives, Pittsburgh companies profit and add jobs
(Source: Pittsburgh Post-Gazette, February 5, 2012) PITTSBURGH, Pa. — The railroad industry is picking up steam again, after losing ground decades ago to the nation's trucking industry. And Pittsburgh's expertise in the business has put the region on track to benefit...
Amtrak to celebrate National Train Day on May 12
(Source: Galesburg Register-Mail, February 4, 2012) GALESBURG, Ill. — Amtrak’s 5th annual National Train Day is May 12. Many of the National Train Day celebrations take place at train stations in large cities — Chicago, New York City, Philadelphia and Los Angeles...
Amtrak requests less federal operating support
(Source: Amtrak press release (PDF), February 3, 2012) WASHINGTON, D.C. — Amtrak is requesting $450 million in federal operating support for fiscal year 2013, a lower amount than the $466 million appropriated by Congress for FY 2012. The ability to seek reduced...
14 builders on short list for California high-speed rail
(Source: Fresno Bee, February 3, 2012) SACRAMENTO, Calif. — Fourteen construction companies are on the short list of firms poised to bid for contracts to begin building California's high-speed rail system in the Fresno area later this year. The list was revealed by...
Rejected Florida high-speed rail would have generated $31 million
(Source: Tampa Tribune, February 6, 2012) TAMPA, Fla. — The high-speed rail project that Gov. Rick Scott doomed last February by turning down more than $2 billion in federal money would have made an annual surplus of $31 million to $45 million within a decade of...
Opinion: A rational approach to rail
(Source: The Capitol Journal, February 5, 2012) SACRAMENTO, Calif. — California's proposed bullet train is being recalibrated. And designers may finally be on the right track. Sensitive to growing public and political opposition, high-speed rail officials seem to be...
California high-speed rail’s coming battle: Powerful land owners
(Source: Orange County Register, February 5, 2012) SANTA ANA, Calif. — The proposed California High-Speed Rail would require a lot of land, meaning thousands of California families and businesses will have to move if the project is ever built. Full story: Orange...
Thousands seek jobs at Indiana locomotive factory
(Source: Associated Press, February 5, 2012) MUNCIE, Ind.— The turnout of an estimated 3,000 people prompted a company opening a locomotive factory in Muncie to end its job fair early. Several of those would-be employees tell The Star Press (http://tspne.ws/zDZfnv )...
Caterpillar gives Canadians harsh lesson in union-busting by shutting locomotive plant
(Source: Toronto Star, February 4, 2012) TORONTO — The bitter labour dispute at a London locomotive company has come to a sadly predictable end. The company’s owner, U.S. giant Caterpillar, closed the plant on Friday, throwing its 465 employees permanently out of...
