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Daily Headlines

Cleanup continues from acid spill at Herington rail yard

(Source: Abilene Reflector-Chronicle, January 11, 2012) HERINGTON, Kan. — Officials from the Kansas Department of Agriculture, Dickinson County and Herington were in Herington Monday following a sulphuric acid spill Sunday from a Union Pacific tanker car in the...

Hunter Harrison keen to take the reins at CP Rail

(Source: Globe and Mail, January 11, 2012) TORONTO — In an exclusive interview with the Globe and Mail, famed railway leader Hunter Harrison said he is “excited” about the prospect of running another freight carrier, this time former rival Canadian Pacific Railway...

Rail traffic boom shows Canada’s economic zest

(Source: Bloomberg News, January 11, 2012) OTTAWA — A boom in traffic at Canadian National Railways Co. and Canadian Pacific Railway Ltd., the country’s two largest rail companies, may mean Canada’s recovery will be buoyant even after economists and the Bank of Canada...

Higher oil prices could drive rail traffic

(Source: MSN, January 10, 2012) NEW YORK — Iran's threat to block the Strait of Hormuz, through which almost 35% of the world's seaborne oil shipments travel, could lead to a sharp increase in oil prices worldwide. This alone has kept oil prices above $100 per barrel...

Police identify track worker killed in BNSF rail car accident

(Source: Amarillo Globe-News, January 10, 2011) AMARILLO, Texas — Police have identified the man who died Monday after he was struck and pulled under a rail car as Neil Thomas Touvell. Touvell, 57, worked as a maintenance welder for Burlington Northern Sante Fe...

CP Rail proxy fight pivots on CN’s ex-CEO Hunter Harrison

(Source: Bloomberg News, January 10, 2012) NEW YORK — William Ackman’s plan to wage a proxy fight to install a new chief executive officer at Canadian Pacific Railway Ltd. (CP) pivots on the legacy of the CEO who once led the carrier’s larger rival. New directors...

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