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Daily Headlines
Norfolk Southern shares up as it eyes price hikes, cost cuts
(Source: Reuters, April 24, 2019) NEW YORK — Norfolk Southern Corp shares soared to a record high on Wednesday after the fourth-largest U.S. railroad’s quarterly profit topped Wall Street’s forecast and executives said they planned to continue raising prices and...
Canadian Pacific “encouraged” by PSR adoption in U.S.
(Source: Supply Chain Dive, April 24, 2019) WASHINGTON, D.C. — Better operations at one railroad is good for all railroads, and the work of several U.S. railroads to convert to precision-scheduled railroading (PSR) is already showing marginal improvement to overall...
Ceremony launches new CSX rail hub in Rocky Mount
(Source: Rocky Mount Telegram, April 25, 2019) ROCKY MOUNT, N.C. — With the turning of dirt Wednesday afternoon at N.C. Wesleyan College, Gov. Roy Cooper and fellow officials ceremonially began construction of the future CSX intermodal rail facility along U.S. 301....
Tracks not all running smoothly for North American railroads in Q1 2019
(Source: The Loadstar, April 24, 2019) LONDON — North American railroads saw mixed fortunes in the first three months of the year – but for two, the view down the line is less hazy. Full story: The Loadstar
Norfolk Southern coal volumes fall to three year low in Q1 2019
(Source: S&P Global Platts, April 24, 2019) HOUSTON — Norfolk Southern saw its coal volumes decrease in the first quarter of 2019 by 4.4% from the year-ago quarter, as shipments across the board saw year-on-year declines, the railroad said Wednesday. Full story: S&P...
Did heavy rainfall contribute to UP derailment, massive ethanol fire in Fort Worth?
(Source: Fort Worth Star-Telegram, April 24, 2019) FORT WORTH, Texas — Did an incredibly powerful rainfall early Wednesday contribute to a train derailment in south Fort Worth — one that caused a massive ethanol fire, forced residents from about 20 area homes and...
Homes evacuated, horses killed as UP ethanol train derails in Texas
(Source: Associated Press, April 24, 2019) FORT WORTH, Texas — At least three horses were killed and several Texas homes evacuated early Wednesday when a train carrying the highly flammable liquid ethanol derailed and caught fire. It wasn't immediately clear what...
Five years ago: The CSX oil train derailment in downtown Lynchburg
(Source: News & Advance, April 23, 2019) LYNCHBURG, Va. — It was April 30, 2014 when 17 cars of a CSX oil train derailed near Ninth and Jefferson streets in downtown Lynchburg, sending three cars into the James River. A massive fire followed, and officials evacuated a...
150th anniversary of golden spike expected to draw 12,000
(Source: Idaho State Journal, April 23, 2019) PROMONTORY, Utah — At a time when the North and South were divided by the Civil War, President Abraham Lincoln signed legislation on July 1, 1862, to unify the East and West through the creation of a Transcontinental...
Hoosiers plan one final push to save Hoosier State Line
(Source: Television station WLFI, April 23, 2019) LAFAYETTE, Ind. — With time running out for a new state budget, passenger rail supporters are making one final push to save the Hoosier State Line. Hundreds of supporters are expected to speak with elected officials at...
