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Daily Headlines
Metro-North chief “extremely confident” railroad will meet PTC deadline
(Source: Journal News, November 8, 2019) NEW YORK — Positive Train Control (PTC) now covers nearly 90% of the Hudson Line, from Marble Hill north to Poughkeepsie, a distance of 67 miles that includes track used by Amtrak and CSX, Metro-North President Catherine...
Oil shippers turn to rail amid Keystone pipeline shutdown
(Source: Bloomberg, November 7, 2019) NEW YORK — The shutdown of one of Canada’s largest crude pipelines has shippers turning to rail to move their oil. Demand to transport crude by rail has picked up over the past week as TC Energy Corp. works to return its Keystone...
Genesee & Wyoming’s net profit falls during 3Q 2019
(Source: Freight Waves, November 7, 2019) CHATTANOOGA, Tenn. — Net profit for short line operator Genesee & Wyoming (G&W) slipped in the third quarter amid lower revenues and rail volumes. Third-quarter net income attributable to G&W totaled $66.8 million, or...
AFL-CIO TTD: Precision Scheduled Railroading threatens to gut America’s freight rail system
(Source: Policy Statement by the AFL-CIO’s Transportation Trades Department (TTD), October 29, 2019) WASHINGTON, D.C. — Since the first U.S. freight trains departed from Baltimore nearly 200 years ago, the freight rail industry has served as the backbone of domestic...
AAR: Rail traffic down in October and for the week ending November 2, 2019
(Source: Association of American Railroads press release, November 6, 2019) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 2, 2019, as well as volumes for October 2019. U.S. railroads...
Editorial: A small step toward expanded passenger rail service in Pa.
(Source: Editorial in the Tribune-Democrat, November 7, 2019) JOHNSTOWN, Pa. — A state transportation official offered a glimmer of optimism when announcing that Norfolk Southern Corp. had agreed to conduct a study concerning the push to expand passenger rail service...
NJ Senators invite DOT head to meet commuters delayed by decrepit Hudson rail tunnel
(Source: NJ Spotlight, November 7, 2019) NEWARK, N.J. — New Jersey’s two U.S. senators are challenging the head of the federal Department of Transportation to meet the commuters who routinely face delays caused by the Northeast Corridor’s century-old trans-Hudson rail...
FRA offers $24 million in grants for passenger service
(Source: Federal Railroad Administration press release, November 6, 2019) WASHINGTON, D.C. — The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today announced the availability of $24 million in grant funding to initiate, restore, or enhance...
California approves $3.2 billion bond for Virgin’s $4.8 billion bullet train to Las Vegas
(Source: Construction Dive, November 6, 2019) WASHINGTON, D.C. — The California Infrastructure and Economic Development Bank (IBank) has authorized a $3.2 billion tax-exempt, fixed-rate revenue bond issuance to help DesertXpress Enterprises LLC, an affiliate of Virgin...
Canadian National sees record western grain volumes in October
(Source: CN press release, November 5, 2019) MONTREAL — CN announced that its Western Canadian grain movements broke another record in the month of October, with shipments of 2.8 million metric tonnes (MMT) of grain and processed grain products. The previous record,...
