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Daily Headlines
Metra conductors share stories of their trade
(Source: NBC Chicago, May 7, 2019) CHICAGO — Get a group of Metra conductors together and ask them what they’ve seen, and you might not believe your ears. That’s exactly what NBC 5 did this week. All of them talked about the great people they meet on trains. But all...
CP Rail announces results of annual meeting of shareholders; Isabelle Courville becomes Chair of the Board
(Source: Canadian Pacific Railway Press release, May 7, 2019) CALGARY — Canadian Pacific Railway Limited announced that all resolutions placed in front of shareholders at its 2019 annual meeting (AGM) held in Calgary earlier today, including the election of all nine...
Locomotive engineer hurt, 21 cars derail as saltwater truck tries to beat train in Louisiana
(Source: Television station KSLA, May 7, 2019) CADDO PARISH, La. — According to the Caddo Parish Sheriff’s Office, a saltwater truck attempted to cross in front of a Union Pacific train, which caused the locomotive and 12-15 railcars to derail at the front of the...
Warren Buffett “not above copying” other railroads on PSR
(Source: Supply Chain Dive, May 7, 2019) WASHINGTON, D.C. — Warren Buffett left the door open for his railroad, BNSF, to adopt the tenets of precision-scheduled railroading (PSR) at his annual shareholders meetingSaturday when asked if it's time for BNSF to adopt the...
BNSF posts higher revenue, income in Q1 2019
(Source: Progressive Railroading, May 7, 2019) BNSF Railway Co. reported its first-quarter 2019 operating income rose 2 percent to $1.8 billion, total revenue climbed 2 percent to $5.76 billion and net income jumped 9 percent to $1.25 billion compared with the same...
MTA subway conductor punched in the face while locking up train
(Source: New York Post, May 6, 2019) NEW YORK — A female train operator was punched in the face in an unprovoked, random attack Monday afternoon, cops said. The 42-year-old operator was locking up the F train at the end of the line in Coney Island station around 1:40...
Dreams of redevelopment as CSX closes Atlanta’s Hulsey Yard
(Source: Atlanta Journal-Constitution, May 6, 2019) ATLANTA — Railroad giant CSX is shifting its freight operations out of a sprawling depot known as Hulsey Yard, a swath of prime land long seen as critical to the future of the Atlanta Beltline. Some observers suspect...
Union Pacific details changes at Chicago intermodal terminals
(Source: Freight Waves, May 6, 2019) CHATTANOOGA, Tenn. — Union Pacific announced which intermodal terminals it would close around Chicago, Illinois, weeks after hinting on its first quarter earnings call that it planned to consolidate operations there. The railroad...
Workers at YRC Freight, Holland, New Penn approve Teamster national master contract
(Source: International Brotherhood of Teamsters press release, May 3, 2019) WASHINGTON, D.C. — Teamster-represented workers at YRC Freight, Holland and New Penn have voted to approve the national master portion of the new YRCW National Master Freight Agreement that...
Union Pacific EVP Knight sells $248,000 in company stock
(Source: Finance Daily, May 7, 2019) NEW YORK — Union Pacific Co. EVP Robert M. Knight, Jr. sold 1,380 shares of Union Pacific stock in a transaction that occurred on Friday, May 3. The shares were sold at an average price of $180.01, for a total transaction of...
