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Daily Headlines

STB defers decision in Metra-UP dispute over commuter rail service

(Source: Progressive Railroading, August 10, 2020) The Surface Transportation Board (STB) last week declined to intervene in an ongoing dispute between Metra and Union Pacific Railroad over three Chicago-area commuter-rail lines that UP operates. Full story:...

Hoffa: Workers organize during COVID-19 pandemic for protection

(Source: Column by International Brotherhood of Teamsters General President James P. Hoffa, published in the Detroit News on August 5, 2020) WASHINGTON, D.C. — Workers are facing unprecedented challenges in the age of the coronavirus. Many have lost their jobs, been...

BNSF revenue falls 22% in Q2 2020

(Source: Freight Waves, August 10, 2020) CHATTANOOGA, Tenn. — Like its other Class I counterparts, the COVID-19 pandemic hit BNSF’s bottom line in the second quarter, with revenue falling 22% amid an 18% drop in rail volumes. BNSF’s second-quarter net earnings were...

Alstom signals Bombardier rail losses to affect takeover

(Source: Bloomberg News, August 10, 2020) NEW YORK — Alstom SA hinted that it may seek better terms for its 6.2 billion-euro (US$7.3 billion) purchase of Bombardier Inc.’s train arm after the Canadian company reported a second-quarter loss on write-downs at the unit....

Railway Age: Annual winter preparedness report

(Source: Railway Age, August 9, 2020) NEW YORK — Winter preparedness is essential for avoiding frozen equipment, malfunctioning cars, service delays or even suspended operations. Fail to prepare for winter’s harsh conditions and your railroad will be running on...

No engine, no oil: Wabtec making its pitch for battery-powered trains

(Source: Pittsburgh Post-Gazette, August 9, 2020) PITTSBURGH, Pa. — From the outside, the locomotive whirring along Wabtec's test tract in Erie looks almost like any other. The operator cab is pretty standard, too. It's in the guts that things take a turn. Full story:...

Mayor of Normal, Ill., nominated for Amtrak Board of Directors

(Source: Bloomington Pantagraph, August 6, 2020) BLOOMINGTON — U.S. Sen. Dick Durbin during a Thursday U.S. Senate committee hearing said Normal Mayor Chris Koos "has a vision which I think Amtrak will benefit from." Koos, a Democrat, is being nominated to the board...

Tempe Beach Park and Lake Marina to reopen after UP derailment

(Source: Arizona Republic, August 7, 2020) TEMPE, Ariz. — The City of Tempe announced on Friday that Tempe Beach Park and Lake Marina will reopen Saturday a little more than a week after a Union Pacific train derailed and caught fire while crossing the lake. Full...

KCS VP sells $263,500 in company stock

(Source: Smarter Analyst, August 7, 2020) NEW YORK — Yesterday, the Senior VP – Human Resources of Kansas City Southern, Lora Cheatum, sold shares of KSU for $263.5,00. Following Lora Cheatum’s last KCS sell transaction on December 11, 2019, the stock climbed by...

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