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Daily Headlines
DOT announces $24.3 million grants to boost Keystone Corridor train speeds to 125 mph
(Source: U.S. Department of Transportation press release, July 21, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today announced that work can begin on closing the last three highway-rail grade crossings on the Keystonecorridor with the signing of...
Short lines increase ore, chemical loadings
(Source: Journal of Commerce, July 21, 2011) WASHINGTON, D.C. — Short line railroads had their strongest loadings of ore for all of 2011 in the week ending July 16. They also reported increased shipments of chemicals during the week, the largest cargo group for small...
AAR: Railroads report mixed weekly rail traffic
(Source: Association of American Railroads press release, July 21, 2011) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed results for weekly rail traffic, with U.S. railroads originating 281,387 carloads for the week ending July 16,...
Hoffa: Attacking Social Security, health care is not shared sacrifice
(Source: International Brotherhood of Teamsters press release, July 21, 2011) WASHINGTON, D.C. — Teamsters General President Jim Hoffa issued the following statement today about ongoing negotiations between Congress and the White House to raise the national debt...
Union Pacific CEO sees “uncertainty” in economy
(Source: Journal of Commerce, July 21, 2011) WASHINGTON, D.C. — The Journal of Commerce reports that James R. Young, CEO of the Union Pacific Railroad, says rail customers are exhibiting uncertainty about the nation's economy, which he said makes it difficult to...
KCS predicts stronger second half of 2011
(Source: Reuters, July 21, 2011) NEW YORK — Kansas City Southern reported quarterly results 7 percent higher than the same quarter of 2010, driven by higher auto, intermodal and coal segments. The railroad also said revenue growth in the second half would surpass the...
Shutdown of FAA possible as GOP attacks NMB organizing rules
(Source: Associated Press, July 20, 2011) WASHINGTON, D.C. — A quarrel between the House and Senate over union organizing by airline and railroad workers could lead to a shutdown of the Federal Aviation Administration. Republicans have inserted language into a...
Norfolk Southern completes major Pa. upgrades in eight days
(Source: Norfolk Southern press release, July 20, 2011) NORFOLK, Va. — During eight days earlier this month, Norfolk Southern completed $16.2 million in track, bridge, and signal improvements in southwestern Pennsylvania’s Monongahela Valley. The rail infrastructure...
Metra dumps policy that inflated on-time performance numbers
(Source: Chicago Tribune, July 21, 2011) CHICAGO — According to the Chicago Tribune, Metra is dumping a longtime practice that artificially inflated its on-time performance statistics. Source: Chicago Tribune
Weather makes for economic uncertainty at Canadian railways
(Source: Financial Post, July 21, 2011) OTTAWA — The first half of 2011 proved to be more challenging than expected for Canadian railways, in large part due to historic flooding and poor weather conditions. However, the railroads believe the worst is behind them....
