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U.S. Class I railroads employed fewer workers in May

(Source: Progressive Railroading, May 21, 2019) U.S. Class Is employed 142,950 workers as of mid-May, down 0.88 percent from mid-April and down 2.76 percent compared with May 2018, according to Surface Transportation Board data. Categories that logged decreases since...

NTSB publishes final report on Amtrak derailment in DuPont, Wash.

(Source: National Transportation Safety Board press release, June 24, 2019) WASHINGTON, D.C. — The National Transportation Safety Board published its final report Monday for the agency’s investigation of the Dec. 18, 2017, fatal, Amtrak train derailment in DuPont,...

NTSB blasts complacency before Amtrak’s fatal 2017 DuPont crash

(Source: Associated Press, June 24, 2019) SEATTLE — The National Transportation Safety Board has published its final report Monday on a deadly Amtrak derailment in Washington state in 2017, with the agency’s vice chairman blasting what he described as a “Titanic-like...

Slug shorts out huge section of Japan’s high-speed railway

(Source: New York Post, June 23, 2019) NEW YORK — A large chunk of Japan’s high-speed rail network was brought to a standstill, delaying about 12,000 passengers, because of a slimy character – a roughly 1-inch-long slug, according to reports. The gastropod slithered...

BNSF fire train assists firefighters in Washington state

(Source: Wildfire Today, June 23, 2019) FINELY, Wash. — On Thursday a fire train that probably carried nearly 30,000 gallons of water assisted firefighters battling a wildfire along railroad tracks south of Finely, Washington. Full story: Wildfire Today

CSX EVP Goldman sells $556,500 in company stock

(Source: Mayfield Recorder, June 21, 2019) NEW YORK — CSX Co. EVP Nathan D. Goldman sold 7,000 shares of CSX stock in a transaction dated Tuesday, June 11. The stock was sold at an average price of $79.50, for a total value of $556,500.00. Following the completion of...

KCS to release Q2 2019 earnings on July 19

(Source: Kansas City Southern press release, June 21, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its second quarter 2019 financial results on Friday, July 19, 2019, before the opening of trading on the New York Stock Exchange. KCS will also hold...

Opinion: U.S. freight customers increasingly taxed by higher rail rates

(Source: The Regulatory Review opinion column by Martha Moore, June 24, 2019) WASHINGTON, D.C. — At a recent Congressional hearing, the Association of American Railroads (AAR) declared that rail rates after adjustment for inflation are 46 percent lower now than in...

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