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Daily Headlines
Opinion: A railroad’s earnings win isn’t an all-clear for the economy if profit gains come at the expense of jobs
(Source: Bloomberg opinion column by Brooke Sutherland, October 16, 2019) NEW YORK — CSX Corp.’s results were better than many feared they would be, but they came at the expense of several hundred jobs. It’s hardly the sign of a booming economy when profit gains come...
OmniTRAX involved in hub project in Georgia that will include rail, yard construction
(Source: Railway Track & Structures, October 15, 2019) NEW YORK — Affiliates of Denver-based OmniTRAX, Inc. and The Broe Group have signed A&R Logistics, Inc. (A&R) as lead tenant to anchor the Savannah Gateway Industrial Hub (SGIH), a master-planned, 2,750-acre...
LIRR to replace East Hampton rail bridges
(Source: Progressive Railroading, October 15, 2019) MTA Long Island Rail Road (LIRR) crews today began the final stage of work to replace two century-old rail bridges in East Hampton, New York, at North Main Street and Accabonac Road. Full story: Progressive...
Amtrak, NJ Transit start big upgrades at four stations on Northeast Corridor
(Source: Radio station 101.5 FM, October 15, 2019) NEWARK, N.J. — NJ Transit and Amtrak are kicking off construction work at four stations on the Northeast Corridor Line this fall. The work is mostly being paid for by Amtrak and is related to an agreement announced in...
After 30 days, UAW-GM talks suddenly face a deadline
(Source: Detroit Free Press, October 15, 2019) DETROIT — The clock is ticking for General Motors executives to reach a proposed tentative agreement with the UAW, people close to the talks said Tuesday. The union's move to summon its National GM Council to Detroit for...
STB’s cost of capital dilemma
(Source: Railway Age, October 15, 2019) NEW YORK — The Surface Transportation Board (STB) proposes to change the formula for computing the cost of the equity component of the railroad industry’s cost of capital. This is of consequence to railroads, shippers and...
Regulations prompt freight rail sector to address cybersecurity
(Source: Freight Waves, October 15, 2019) CHATTANOOGA, Tenn. — As freight railroads move to digitize their processes, rail companies are also looking into safeguarding their systems against hacking and other malicious attempts to disrupt freight rail operations. Those...
“A loss of identity:” Union Pacific employees in Kansas City angered, saddened by layoffs
(Source: Television station KSHB, October 16, 2019) KANSAS CITY, Mo. — Union Pacific confirmed a plan to transfer switching operations from Neff Yard in Kansas City, Missouri, to a separate location in Kansas City, Kansas. Full story: www.kshb.com
“It’s unethical:” 200 Union Pacific workers given two days notice before KC’s Neff Yard closed
(Source: Television station WDAF, October 15, 2019) KANSAS CITY, Mo. — Two hundred people who worked at Union Pacific's Neff Yard are out of a job. They were given just two days notice that they're no longer employed. Full story: www.fox4kc.com
Japan’s bullet train tracks battered by Typhoon Hagibis
(Source: Mashable, October 15, 2019) NEW YORK — Japan's nationwide high-speed train system, known as the Shinkansen, felt the brunt of the deadly cyclone Typhoon Hagibis after flooding, relentless rain, and mudslides. Full story: Mashable
