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Daily Headlines
Transport Canada announces funding for rail safety improvements
(Source: Progressive Railroading, April 17, 2019) The Canadian government will provide CA$16.5 million through the Rail Safety Improvement Program to support 136 new rail-safety improvement projects and initiatives, Transport Minister Marc Garneau announced yesterday....
Metra to start building 2 new Chicago stations after getting state funds
(Source: Chicago Sun-Times, April 17, 2019) CHICAGO — Construction on two new Metra stations is expected to start within the next year after the projects received long-awaited state funding Wednesday. The two Chicago stations have been planned for nearly a decade, but...
Union Pacific VP Rynaski sells $1.496 million in company stock
(Source: Baseball Daily News, April 18, 2019) NEW YORK — Union Pacific Co. VP Todd M. Rynaski sold 8,802 shares of the firm’s stock in a transaction dated Monday, April 1. The stock was sold at an average price of $170.00, for a total value of $1,496,340.00. Following...
California port truck drivers awarded over $1.2 million for wage theft
(Source: International Brotherhood of Teamsters press release, April 17, 2019) PORT OF LOS ANGELES/LONG BEACH, Calif. — Ten California port truck drivers who haul cargo for Best Buy, Puma and Lowe’s have been awarded more than $1.2 million by the California Labor...
PTC: Fifty years later, a lifesaving technology that could have saved over 300 lives inches toward completion
(Source: Washington Post, April 17, 2019) WASHINGTON, D.C. — On an August evening in 1969, a Connecticut train wreck made history. A pair of passenger trains in Darien collided head-on, killing five people and injuring 35. Full story: Washington Post
Kansas City Southern’s Q1 2019 net profit jumped 16 percent
(Source: Freight Waves, April 17, 2019) CHATTANOOGA, Tenn. — Kansas City Southern‘s said its first quarter 2019 net profits rose nearly 16 percent amid its ongoing transition to precision scheduled railroading (PSR). Adjusted net income for the first quarter of 2019...
Union Pacific reports Q1 2019 results
(Source: Union Pacific press release, April 18, 2019) OMAHA, Neb. — Union Pacific Corporation today reported 2019 first quarter net income of $1.4 billion, or $1.93 per diluted share. This compares to $1.3 billion, or $1.68 per diluted share, in the first quarter...
AAR reports rail traffic for the week ending April 13, 2019
(Source: Association of American Railroads press release, April 17, 2019) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 13, 2019. For this week, total U.S. weekly rail traffic was 528,167...
Utah prepares for 150th anniversary of the completion of transcontinental railroad
(Source: Radio station KPCW, April 16, 2019) PARK CITY, Utah — The Spike 150 Foundation has been organizing for two years to prepare for the sesquicentennial of the joining of the transcontinental railroad. Full story: www.kpcw.org
CN to appeal Canadian agency’s ruling on freight rail service
(Source: Progressive Railroading, April 16, 2019) CN will appeal a Canadian Transportation Agency (CTA) ruling issued yesterday that determined the Class I had breached its freight-rail service obligations last year in Vancouver, British Columbia. Full story:...
