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Daily Headlines
Canadian crude Gulf Coast exports rise as Venezuelan gap is filled
(Source: Reuters, June 18, 2019) HOUSTON — Heavy crudes have poured into the United States this spring, offsetting the loss of Venezuelan oil and producing a mini-surplus, with Canadian heavy crude this month being exported from the U.S. Gulf Coast. Crude-by-rail...
Union Pacific CEO signals caution on Trump’s China tariff threat
(Source: Reuters, June 19, 2019) NEW YORK/LOS ANGELES — Union Pacific Corp’s chief executive said another round of tariffs on Chinese goods could badly hurt his railroad and the U.S. economy, but he feels U.S. President Donald Trump is listening to his concerns. Full...
Month after NTSB recommended replacing Amtrak Cascades trains, they’re still running
(Source: Television station KIRO 7, June 19, 2019) TUKWILA, Wash. — In Tukwila on Wednesday, Dane Cheatley boarded an Amtrak Cascades train, just like the one that derailed near DuPont in 2017 and killed three people. Full story: www.kiro7.com
UP train carrying military weapons and explosives partially derails in Nevada
(Source: Associated Press, June 19, 2019) WELLS, Nevada — A train carrying military munitions derailed in the high desert of northeast Nevada on Wednesday, closing an interstate for about an hour before emergency crews determined there was no danger. No injuries were...
House leaders press Amtrak CEO for answers about reported decision to reduce the number of Amtrak police
(Source: House Transportation & Infrastructure Committee press release, June 20, 2019) WASHINGTON, D.C. — Chair of the House Committee on Transportation and Infrastructure Peter DeFazio (D-OR), Chair of the Railroads, Pipelines, and Hazardous Materials Subcommittee...
Bombardier to open railcar assembly plant in California
(Source: Trains Magazine, June 17, 2019) PITTSBURG, Calif. — Bombardier Transportation announced Friday it would open a new railcar assembly plant in Pittsburg, with new Bay Area Rapid Transit cars to be the first equipment built at the site. Full story: Trains...
Union Pacific to release Q2 2019 earnings on July 18
(Source: Union Pacific press release, June 18, 2019) OMAHA, Neb. — You are invited to listen to Union Pacific Corporation’s (NYSE: UNP) second quarter 2019 earnings release presentation that will be broadcast live over the Internet and via teleconference on Thursday,...
CSX to release Q2 2019 earnings on July 16
(Source: CSX press release, June 18, 2019) JACKSONVILLE, Fla. — CSX Corporation will release second-quarter financial and operating results after the market close on Tuesday, July 16, 2019. This will be followed by a conference call and live webcast hosted by the...
Federal officials to review flood issues in Texas derailment
(Source: Associated Press, June 18, 2019) FORT WORTH, Texas — Investigators will consider storm-related flooding to help determine what caused an April 24 freight train derailment in North Texas that sent 25 tanker cars off the tracks. Full story:...
Strong carload volume boosts Canadian National
(Source: Market Realist, June 17, 2019) NEW YORK — In Week 23, Canadian National Railway’s (CNI) total traffic volumes improved 1.2% YoY (year-over-year) to 117,789 railcars from 116,381 railcars. Five of the seven Class I railroad companies registered YoY declines in...
