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Daily Headlines
Gulf Coast corridor wins federal grant to restore passenger service
(Source: Trains Magazine, June 9, 2019) MOBILE, Ala. — The effort to restore Amtrak service on the former Sunset Limited route east of New Orleans is being boosted by a $33-million federal grant, but route improvements must be worked out before that service can begin....
Slumping coal exports threaten rail and ocean shipping demand
(Source: Freight Waves, June 10, 2019) CHATTANOOGA, Tenn. — Foreign buyers of U.S. coal threw a lifeline to America’s embattled mines in 2017-18. As domestic demand dwindled in the face of environmental regulation and competition from natural gas, export markets...
STB mulls rulemaking option for rail rate methodologies
(Source: Freight Waves, June 10, 2019) CHATTANOOGA, Tenn. — The Surface Transportation Board (STB) is considering initiating a more formal review of how it resolves rail rate disputes. The Board anticipates considering formal actions later this summer, including a...
Freight railroads consider hiring outside the industry
(Source: Freight Waves, June 10, 2019) CHATTANOOGA, Tenn. — The transition to e-commerce and anticipated advances in automated trucking are forcing the freight railroads to adapt to supply chains that require railroads to be more responsive and nimble. One way that...
First look inside Amtrak’s next-generation Acela train
(Source: CBS News, June 11, 2019) WASHINGTON, D.C. — Amtrak plans to replace its popular Acela trains in 2021 with new ones that will hold more people, travel faster and have improved safety features. The new trains would shave 15-20 minutes off the popular New York...
NJ politicians introduce legislation establishing agency to oversee Gateway Project
(Source: Insider NJ, June 6, 2019) TRENTON, N.J. — Senate Majority Leader Loretta Weinberg, Transportation Committee Chair Patrick Diegnan and Senate Minority Leader Tom Kean today introduced legislation to establish a Gateway Development Commission to oversee...
Amtrak appoints new CFO, COO
(Source: Railway Age, June 6, 2019) NEW YORK — The Amtrak Board of Directors recently approved two leadership changes, as new-hire Tracie Winbigler has been tabbed to serve as the company’s Executive Vice President and Chief Financial Officer, and Amtrak veteran...
KCS Director Cordova sells $116,850 in company stock
(Source: Sundance Herald, June 6, 2019) NEW YORK — Kansas City Southern Director Lu M. Cordova sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 4. The shares were sold at an average price of $116.85, for a total transaction of...
D-Day 75 years later
(Source: International Brotherhood of Teamsters press release, June 6, 2019) WASHINGTON, D.C. — In the 1960’s and 70’s air travel wasn’t as convenient as it is today. There were few cross-country flights and many flights hopped from mid-size city to mid-size city. In...
U.S. officials bracing for Mexican tariffs
(Source: Railway Track & Structures, June 6, 2019) NEW YORK — Tariff talks between Mexico and the U.S. continued on June 6, with Mexico claiming progress was being made. President Trump, however, was not as optimistic. Full story: Railway Track & Structures
