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Daily Headlines
New York City companies turn to rail as truck congestion and freight costs soar
(Source: Thomas Insights, March 24, 2020) NEW YORK — At present, only 2% of New York City’s overall freight is carried by railcars. 5% of companies looking for warehouse space have indicated they want it to have direct rail service. This amenity is seen as...
Deregulating rail transportation of liquefied natural gas
(Source: The Regulatory Review, March 23, 2020) WASHINGTON, D.C. — A new regulation from the Trump Administration may soon make it easier for U.S. companies to ship large quantities of liquefied natural gas (LNG), an increasingly valuable product. But the new...
BLET, SMART-TD seek federal help in ensuring coronavirus response
(Source: Freight Waves, March 24, 2020) CHATTANOOGA, Tenn. — Two railroad labor unions are pressing the Federal Railroad Administration (FRA) to issue emergency orders pushing the freight and passenger railroads to adopt protective measures more speedily amid the...
Class I employment dipped slightly in February
(Source: Progressive Railroading, March 23, 2020) Class Is employed 127,634 workers as of mid-February, down 0.53 percent compared with mid-January’s level and down 12.46 percent compared with the year-ago employment level, U.S. Surface Transportation Board data...
Information on Federal income tax and Railroad Retirement benefits available online
(Source: Railroad Retirement Board press release, March 5, 2020) CHICAGO — With tax time rapidly approaching, the U.S. Railroad Retirement Board (RRB) wants to remind its customers that the best source of information pertaining to Federal income tax and railroad...
Crude by rail shipments hit record high 400,000 bpd in January
(Source: Canadian Press, March 20, 2020) CALGARY — Canadian crude-by-rail exports hit a record high in January but observers say they’ve likely fallen since then and stand to plummet even further as low oil prices force producers to cut growth spending and shut in...
FRA proposes rule to measure intercity performance
(Source: Railway Age, March 20, 2020) NEW YORK — The Federal Railroad Administration (FRA) has issued an NPRM (Notice of Proposed Rulemaking) for measuring the performance and service quality of Amtrak intercity passenger trains that operate on host freight railroad...
Amtrak to cancel Acela Express trains in Northeast as coronavirus reduces demand
(Source: USA Today, March 22, 2020) WASHINGTON, D.C. — Amtrak will cancel its flagship Acela Express trains in the Northeast on Monday, as the coronavirus pandemic continues to reduce demand for intercity travel. Full story: USA Today
In need of $1 billion, Amtrak cuts management pay as it faces unprecedented ridership loss
(Source: Philadelphia Inquirer, March 21, 2020) PHILADELPHIA — In need of about $1 billion in supplemental funding to battle an “unprecedented” drop in ridership, Amtrak has now taken “aggressive" steps to cut the pay of top staff and other measures, the company...
Senate GOP coronavirus bill aides U.S. transit but airports would get loans, not cash
(Source: Reuters, March 22, 2020) CHICAGO/WASHINGTON, D.C. — A Senate Republican coronavirus stimulus package would provide financial aid to U.S. airports, transit systems and passenger railroad Amtrak, but $50 billion for struggling U.S. airlines would be a loan not...
