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Daily Headlines

CSX announces increase to quarterly dividend

(Source: CSX press release, February 12, 2020) JACKSONVILLE, Fla. — CSX today announced that the Company’s board of directors has authorized an 8% increase in its quarterly dividend, from $0.24 to $0.26 per share. The new $0.26 quarterly dividend is payable March 13,...

Norfolk Southern short line partner suffers tunnel collapse

(Source: Norfolk Southern service alert, February 12, 2020) NORFOLK, Va. — Norfolk Southern’s partner, Pan Am Railways, has reported a partial wall collapse in the Hoosac Tunnel which affects all trains operating between Mechanicsville, New York, and Ayer,...

Jury awards DuPont Amtrak train crash victim $10 million

(Source: Television station KING5, February 12, 2020) SEATTLE — Amtrak will pay more than $10 million to one of the dozens of passengers injured in a train derailment near DuPont in 2017. Donnell Linton suffered serious injuries and trauma when the train he was on...

Applications due March 2 for Hoffa Scholarship Fund

(Source: International Brotherhood of Teamsters press release, February 11, 2020) WASHINGTON, D.C. — The deadline for applying for an academic or vocational/training program scholarship from the James R. Hoffa Memorial Scholarship Fund is March 2. High school seniors...

How fighting fatigue could make Ontario railways safer

(Source: www.tvo.org, February 12, 2020) TORONTO — On a map, railway lines trisect Pickering: arteries of commerce and trade spanning the length of Lake Ontario’s northern shore. One of those lines, owned by Canadian National Railway, cuts the city in half along...

U.S. rail traffic continues to slump

(Source: Freight Waves, February 12, 2020) CHATTANOOGA, Tenn. — Continued trade headwinds are putting pressure on year-to-date U.S. rail volumes, with overall traffic down nearly 6% from the same period in 2019. Traffic for the first six weeks of this year totaled...

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