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Daily Headlines
Rochelle looks for answers on news UP could be leaving town
(Source: Television station WTVO, May 1, 2019) ROCHELLE, Ill. — The Union Pacific Intermodal Facility in Rochelle may see its last shipping container soon. Rumors that the Global III facility closing took residents and city officials by surprise Wednesday. Now,...
Union Pacific planning to close Rochelle intermodal facility?
(Source; Rochelle News-Leader, May 1, 2019) ROCHELLE, Ill. — Rochelle city officials have acknowledged they are looking into speculation the Rochelle Global III Intermodal operation may be shut down in the near future. Full story: Rochelle News-Leader
CN’s future acquisitions will “feed the beast”
(Source: Supply Chain Dive, May 1, 2019) WASHINGTON, D.C. — Future acquisitions by Canadian National Railway (CN) could come in the form of any company that brings more volume to the railroad, CN CEO JJ Ruest said on an earnings call Monday. One of the major benefits...
Report: Union Pacific blocking tracks for 30-45 minutes daily near Shreveport, La.
(Source: Television station KTBS, May 1, 2019) SHREVEPORT, La. — We've all had to do it -- sit and wait patiently in our car for a train to pass. It seems like an eternity, but for most of us probably 5 or 10 minutes, maybe even 15 in a worse case scenario where we...
BNSF responds to Pacific Northwest legislation targeting crude-by-rail
(Source: Freight Waves, May 1, 2019) CHATTANOOGA, Tenn. — As state legislatures react to the growing volumes of crude oil being transported by rail in the Pacific Northwest, their responses will continue to bump up against the freight railroads’ federally mandated...
North Dakota, Washington state at odds over oil train rules
(Source: Associated Press, May 1, 2019) BISMARCK, N.D. — North Dakota officials are pressuring the state of Washington to back off from legislation requiring oil shipped by rail to have more of its volatile gases removed, urging the governor to veto the bill and...
Gateway tunnel project could benefit from infrastructure plan
(Source: New York Post, April 30, 2019) NEW YORK — The long-awaited Gateway rail tunnel project could be one of the winners if President Trump and Democratic leaders make good on their plan to spend $2 trillion to upgrade the nation’s infrastructure. Full story: New...
U.S. freight railroads as real estate moguls?
(Source: Freight Waves, April 30, 2019) CHATTANOOGA, Tenn. — The railroad business models like Precision Scheduled Railroading might be the hot investment subject, but there is a longer-range investment possibility that I will review today. Consider the following....
UP job losses could violate contract with city of Palestine
(Source: Palestine Herald-Press, April 30, 2019) PALESTINE, Texas — The City of Palestine is investigating whether Union Pacific violated its contract with the city last week by laying off 30 local employees. Palestine Mayor Steve Presley said the city would do...
STB task force recommends changing rate review policies
(Source: Progressive Railroading, April 30, 2019) The Surface Transportation Board 's (STB) Rate Reform Task Force issued report that recommends possible changes to the board's rate review methodologies and policies. Full story: Progressive Railroading
