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Daily Headlines

Despite missteps, high-speed rail lines in 3 states point to progress

(Source: Governing, May 14, 2019) WASHINGTON, D.C. — The projects in California, Florida and Texas differ quite a bit from one another in size, scope and funding sources. But each one of those projects seems to be moving forward despite significant obstacles,...

Rail equipment sector eyes mergers, lease renewal rates

(Source: Freight Waves, May 13, 2019) CHATTANOOGA, Tenn. — A number of rail equipment lessors and manufacturers have been merging and consolidating in recent months as a way to leverage themselves against marketplace changes brought about by precision scheduled...

Rail operator proposes to move Utah heavy oil to U.S. Gulf Coast

(Source: Reuters, May 10, 2019) HOUSTON — Investor Drexel Hamilton Infrastructure Partners LP and rail operator Rio Grande Pacific Corp. on Friday disclosed plans to build a $1.5 billion rail line that would transport heavy crude from Utah to connections to the U.S....

Unifor ratifies three new agreements with CN

(Source: CN press release, May 10, 2019) MONTREAL — CN announced today that, following four tentative agreements reached between CN and Unifor council 4000 negotiators in March, union members reviewed the agreements and approved three of the four contracts in...

Teamsters: It’s time to finally fund infrastructure investment

(Source: International Brotherhood of Teamsters press release, May 13, 2019) WASHINGTON, D.C. — The Teamsters know a little something about infrastructure. Approximately 600,000 of our members drive the nation’s roadways as part of their job. And we have tens of...

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