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Daily Headlines
NTSB: 3 more items from Most Wanted List implemented, including Amtrak changes
(Source: National Transportation Board press release, April 20, 2020) WASHINGTON, D.C. — The NTSB announced Monday the recategorization of three more safety recommendations from the agency’s 2019 – 2020 Most Wanted List of Transportation Safety Improvements, bringing...
Thousands of MTA rail employees return to work after quarantines
(Source: Progressive Railroading, April 21, 2020) The Metropolitan Transportation Authority (MTA) yesterday announced that 5,033 employees systemwide have returned to work following mandatory quarantines, and 4,112 employees remain in quarantine. Full story:...
Conductor taken to hospital after tanker truck hits train in Va.
(Source: Television station WDBJ, April 21, 2020) MONTGOMERY COUNTY, Va. — A conductor is being treated at a hospital after a train was hit by a tanker truck Monday afternoon. Full story: www.wdbj7.com
KCS doubles down on PSR to deal with coronavirus “curveball”
(Source: Supply Chain Dive, April 21, 2020) WASHINGTON, D.C. — Freight volume was up 4% year-over-year (YoY) in the first quarter for Kansas City Southern (KCS), but a 26% month-over-month drop in train starts as of April 15 — exacerbated by the timing of the Easter...
CP Rail posts 5.7% fall in Q1 2020 profit, sees flat 2020 earnings
(Source: Reuters, April 21, 2020) CALGARY — Canadian Pacific Railway Ltd, the country's second largest railroad operator, posted a 5.7% fall in quarterly profit on Tuesday, and warned it expects full-year adjusted earnings to be flat compared to last year due to the...
Headcount levels fall nearly 12% in March at U.S. Class I operations
(Source: Freight Waves, April 21, 2020) CHATTANOOGA, Tenn. — The number of employees working for the U.S. operations of the Class I railroads dropped 11.9% in March to 127,867 employees, according to data from the Surface Transportation Board (STB). The percentage...
Norfolk Southern eliminates 35 jobs from rail yard in Williamson, W.Va.
(Source: Williamson Daily News, April 21, 2020) WILLIAMSON, W.Va. — Norfolk Southern Railway announced more personnel changes at the 100-plus-year-old rail yard in Williamson this past week. The company announced in a statement that they were eliminating approximately...
Reynolds named FRA Chief Counsel
(Source: Railway Age, April 21, 2020) NEW YORK — The Federal Railroad Administration (FRA) has named Gerald A. Reynolds Chief Counsel, serving as the principal legal advisor to FRA Administrator Ron Batory, with responsibility for overseeing all FRA legal matters....
CP Rail declares dividend
(Source: Canadian Pacific Railway press release, April 20, 2020) CALGARY — The Board of Directors of Canadian Pacific Railway Limited today declared a quarterly dividend of $0.83 per share on the outstanding Common Shares. The dividend is payable on July 27, 2020, to...
COVID-19 could accelerate a global shift from planes to trains
(Source: Business Green, April 21, 2020) NEW YORK — A long-term shift in attitudes around climate change, travel and work triggered by the COVID-19 pandemic could serve to significantly curb aviation growth in the next decade, according to analysts at Swiss bank UBS....
