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Daily Headlines
Railroad industry sees surge amid New Mexico, Texas oil boom
(Source: Associated Press, January 26, 2019) CARLSBAD — Traffic is surging in the railroad industry in southeast New Mexico thanks to the oil boom in the state and West Texas. The number of rail cars traveling through the Carlsbad area almost tripled during the...
Hedge fund Mantle Ridge sells $305 million in CSX stock
(Source: Barron’s, January 25, 2019) NEW YORK — Mantle Ridge, a hedge fund that is a large shareholder of railroad CSX, sold $305 million of the stock this week. Full story: Barron’s
Amtrak engineer injured in collision with box truck
(Source: Herald Palladium, January 26, 2019) THREE OAKS, Mich. — An Amtrak engineer received minor injuries when his train struck a truck caught on the tracks between the crossing gates in Three Oaks on Friday morning. The engineer suffered minor facial injuries when...
Middle school student killed after school bus collides with UP train in Texas
(Source: Fox 4 News, January 27, 2019) ATHENS, Texas — A middle school student was killed and a little girl was critically injured after a school bus collided with a train in East Texas. An Athens ISD school bus collided with a Union Pacific train at a railroad...
U.S. Rep. Lipinski to chair House rail subcommittee
(Source: Progressive Railroading, January 25, 2019) The House Committee on Transportation and Infrastructure (T&I) announced yesterday that U.S. Rep. Dan Lipinski (D-Ill.) will chair its Subcommittee on Railroads, Pipelines and Hazardous Materials. Lipinski is the...
Gov. Cuomo threatens legal action against CSX over Utica-area flooding
(Source: Observer-Dispatch, January 24, 2019) WHITESBORO, N.Y. — Gov. Andrew Cuomo on Thursday said he would possibly pursue legal action against a railroad company he says is responsible for some of the area’s repeated flooding. Full story: Observer-Dispatch
Amtrak removes iconic 30th Street Station departure board in Philly
(Source: Billy Penn, January 24, 2019) PHILADELPHIA — Time has run out for the iconic split-flap departures board at 30th Street Station. Photos and videos posted to social media Thursday night showed workers in orange vests and hard-hats methodically dismantling the...
UP capital spending to hold at $3.2 billion in 2019
(Source: Railway Track & Structures, January 24, 2019) NEW YORK — The Union Pacific railroad committed to $3.2 billion in 2019 capital spending, the same amount it says it invested 2018. Full story: Railway Track & Structures
Expert who investigated Lac-Megantic disaster calls for action from CN, province after Saskatoon derailment
(Source: CBC News, January 24, 2019) SASKATOON, Sask. — The rail safety expert who helped police investigate the Lac-Mégantic train disaster wants the province of Saskatchewan and CN Rail to reassess the safety of a crossing where a train jumped the tracks and caught...
UP’s new COO, in charge of PSR, gets a kick start with strong Q4 2018
(Source: Freight Waves, January 24, 2019) CHATTANOOGA, Tenn. — Jim Vena was on his first conference call as the newly appointed Chief Operating Officer (COO) of Union Pacific Thursday, on what he said was his tenth day on the job. Full story: Freight Waves
