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Daily Headlines
U.S. weekly coal carloads rise 2.4% on week, slump 41.1% on year
(Source: S&P Global Platts, May 27, 2020) HOUSTON — For only the second time in the last eight weeks, US coal carload originations ticked higher on the week to 46,863 in the week that ended May 23, up 2.4% from the 10-year low 45,756 a week earlier, but 41.1% lower...
U.S. rail volumes rise on a week-to-week basis
(Source: Freight Waves, May 27, 2020) CHATTANOOGA, Tenn. — Although U.S. rail traffic is still sharply lower compared with the same period in 2019, rail volumes for intermodal and commodities such as motor vehicles and grain are higher sequentially on a weekly basis,...
BNSF to remove toxic glass from Iowa property
(Source: Sioux City Journal, May 26, 2020) SIOUX CITY, Iowa — BNSF Railway Company has reached an agreement with federal regulators to clean up 2 million pounds of toxic, broken cathode ray tube glass that had been stored on its property by former Sioux City...
Paterson Grain reports largest-ever grain train shipped by CP Rail
(Source: Real Agriculture, May 21, 2020) CALGARY — Paterson Grain says it has shipped the largest-ever grain train on the Canadian Pacific Railway (CP Rail) network. According to the company, the train consisted of 167 new high-capacity hopper cars, and carried 16,313...
Amtrak and NJ Transit awarded $91.5 million in federal funds for Portal North Bridge replacement
(Source: NorthJersey.com, May 26, 2020) BERGEN COUNTY, N.J. — The Federal Railroad Administration awarded $91.5 million to Amtrak and NJ Transit for the replacement of the century-old Portal North Bridge in Kearny, Gov. Phil Murphy said on Tuesday. Full story:...
Senators introduce bill on financing loans for rail infrastructure projects
(Source: Freight Waves, May 26, 2020) CHATTANOOGA, Tenn. — Two U.S. senators last week introduced bipartisan legislation aimed at helping short line railroads and passenger railroads finance capital investment projects. Full story: Freight Waves
FRA extends COVID-19 emergency relief for commuter railroads
(Source: Progressive Railroading, May 26, 2020) The Federal Railroad Administration (FRA) has granted a request from the American Public Transportation Association (APTA) to renew temporary emergency relief from certain rail safety regulations so that commuter...
Amtrak plans deep workforce cuts ahead of slow pandemic recovery
(Source: Bloomberg, May 26, 2020) NEW YORK — Amtrak is preparing to slash its workforce by as much as 20% in its upcoming fiscal year as the U.S.’s lone nationwide passenger railroad braces for a slow recovery to ridership that’s been gutted by the coronavirus...
Amtrak says it needs another $1.5 billion bailout to stay afloat
(Source: Washington Post, May 26, 2020) WASHINGTON, D.C. — Amtrak says it needs nearly $1.5 billion in supplemental funding from the federal government to maintain "minimum service levels," anticipating ridership will not recover to pre-pandemic levels in fiscal 2021....
Railroads, shippers spar over scope of fuel price-fixing
(Source: Bloomberg Law, May 26, 2020) NEW YORK — The country’s top freight railroads are fighting with some of the largest companies bringing fuel price-fixing claims against them in D.C. federal court over the proper scope of the multidistrict case after the defeat...
