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House lawmakers introduce bill to protect U.S. rail car manufacturers

(Source: Progressive Railroading, May 17, 2019) A bipartisan group of lawmakers this week introduced a bill in the U.S. House of Representatives that would prevent federal transit funds from being issued by transit agencies to procure Chinese rail cars and other rail...

Union Pacific declares second quarter 2019 dividend

(Source: Union Pacific press release, May 16, 2019) OMAHA, Neb. — The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 88 cents per share on the company’s common stock, payable June 28, 2019, to shareholders of record May 31, 2019....

Eastern U.S. railroads eye foothold in e-commerce

(Source: Freight Waves, May 16, 2019) CHATTANOOGA, Tenn. — Executives with eastern railroads CSX and Norfolk Southern expressed confidence this week that they can compete alongside trucks for e-commerce business. Full story: Freight Waves

A tale of two cities: railroads address congestion in Chicago, Houston

(Source: Freight Waves, May 16, 2019) CHATTANOOGA, Tenn. — Rail congestion in regions such as Chicago and Houston may have eased for now, but the railroads will still need to find ways to increase capacity at those busy city locations as the U.S. population grows,...

Iowa town squares off with BNSF after floodwaters return

(Source: Omaha World-Herald, May 16, 2019) OMAHA, Neb. — The small town of Percival, Iowa, which had nearly dried out from historic mid-March flooding, has begun taking on water again. And local officials say they have a clear cause: repairs by BNSF Railway to its...

U.S. lawmakers blast Chinese rail firm amid cyber security fears

(Source: Reuters, May 16, 2019) WASHINGTON, D.C. — China's CRRC, the world's top passenger train maker, was slammed by United States lawmakers during a hearing on Thursday (May 16) to limit its access to US projects amid security fears. While some experts see the...

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