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Daily Headlines
CN to report Q4 2019 results on January 28
(Source: Canadian National press release, January 6, 2020) MONTREAL — CN will issue its fourth-quarter and year-end 2019 financial and operating results on Jan. 28, 2020, at 4.01 p.m. Eastern Time (ET). CN's senior officers will review the results and the railway's...
NY governor wants to add tracks, access at Penn Station
(Source: Associated Press, January 6, 2020) NEW YORK — The country's busiest train station would get new tracks, expanded terminals and better access for commuters under a plan announced Monday by New York Gov. Andrew Cuomo. Full story: The Daily Star
Canadian Pacific sets record quarter for Canadian grain movements
(Source: Canadian Pacific Railway press release, January 6, 2020) CALGARY, Alberta — Canadian Pacific moved more Canadian grain and grain products in 2019's final quarter than any prior quarter in the company's history. Shipping totals came in at 7.9 million metric...
Genesee & Wyoming completes $8.4 billion sale with “excellent outcome”
(Source: Railway Age, January 3, 2020) NEW YORK — Genesee & Wyoming (G&W) recently announced the completion of its $8.4 billion sale to affiliates of Brookfield Infrastructure and GIC. Full story: Railway Age
BNSF to use divers to remove fuel from locomotive that derailed in Kootenai River after rock slide
(Source: The Spokesman-Review, January 6, 2020) SPOKANE, Wash. — While the train track damaged by a rock slide on New Year’s Day re-opened Saturday, two engines are still in the Kootenai River about 10 miles east of Bonners Ferry. The rock slide derailed three...
Class I railroads embrace PSR to mixed results in 2019
(Source: Supply Chain Dive, December 29, 2019) WASHINGTON, D.C. — In 2019, almost every Class I railroad transitioned to its own version of precision-scheduled railroading (PSR) — an operating strategy coined by the late CSX CEO Hunter Harrison. The hallmarks of PSR...
NTSB to add new members Graham, Chapman
(Source: Progressive Railroading, January 3, 2020) The National Transportation Safety Board (NTSB) will add two members this weekend, bringing the board to its full complement of five members for the first time since February 2019. Michael Graham and Thomas Chapman...
More shipper accusations of railroad price fixing
(Source: Railway Track & Structures, January 6, 2020) NEW YORK — Back in December, RT&S reported that Toyota Motor Sales USA, Inc., along with other shippers, accused the major U.S. railroads of price fixing, with a focus on fuel surcharges. Today, the Houston...
Teamsters statement on death of UPS Teamster drivers on PA turnpike
(Source: International Brotherhood of Teamsters press release, January 6, 2020) WASHINGTON, D.C. — The Teamsters Union mourns the loss of two Teamsters Local 776 members and UPS drivers, Dennis Kehler and Daniel Kepner, who were killed Sunday in an accident on the...
AAR: Rail traffic down in December and for week ending December 28, 2019
(Source: Association of American Railroads press release, January 3, 2020) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending December 28, 2019, as well as volumes for December 2019. U.S. railroads...
