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Daily Headlines

LIRR says Isaias may prompt a temporary shutdown of service

(Source: Long Island News 12, August 4, 2020) LONG ISLAND, N.Y. — The LIRR says it may shutdown service temporarily if there are sustained winds of 39 mph for an extended period of time. Full story: Long Island News 12

Infrastructure investment firms reportedly eye KCS

(Source: Freight Waves, August 3, 2020) CHATTANOOGA, Tenn. — Two major infrastructure investment firms, Global Infrastructure Partners and the Blackstone Group’s infrastructure segment, are mulling over whether to attempt to acquire U.S. Class I railroad Kansas City...

Q&A: Unemployment and sickness benefits for railroad employees

(Source: Railroad Retirement Board press release, July 2, 2020) CHICAGO — The Railroad Retirement Board (RRB) administers the Railroad Unemployment Insurance Act (RUIA), which provides two kinds of benefits for qualified railroaders: unemployment benefits for those...

BNSF train cars carrying corn derail in Richland, Wash.

(Source: Associated Press, August 1, 2020) SEATTLE, Wash. — Eight train cars carrying corn derailed in Richland near the Yakima River train bridge, authorities said. No one was hurt. Full story: Seattle Times

Opinion: Public has interest in Pan Am Railways sale

(Source: Opinion column by the TransitMatters rail group published in Commonwealth Magazine, August 1, 2020) BOSTON, Mass. — Pan Am and its corporate predecessor Guilford are notorious for paring service and infrastructure investment to an absolute minimum while...

Report: Is KCS in play?

(Source: Railway Age, July 31, 2020) NEW YORK — Two private equity firms are considering a takeover bid for Kansas City Southern, according to a report based on information from anonymous sources in the Wall Street Journal posted late afternoon on July 31, just before...

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