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Daily Headlines
Three reasons why another Lac-Megantic type of oil train disaster could happen again
(Source: DeSmog Blog, July 11, 2018) NEW YORK — In the five years since the oil train disaster in Lac-Mégantic, Quebec, claimed 47 lives, the world has learned much about the risks that hauling oil by rail poses. One of the clearest lessons is how little has been done...
New York City announces $100 million plan to modernize freight infrastructure
(Source: Progressive Railroading, July 17, 2018) On July 16, New York City Mayor Bill de Blasio joined federal, state and local officials to unveil Freight NYC, a $100 million plan designed to overhaul the city's aging freight distribution systems through strategic...
NJ Transit allocates additional $24 million to meet PTC deadline
(Source: www.nj.com, July 17, 2018) NEWARK, N.J. — NJ Transit officials approved spending another $24 million to get a federally mandated train safety system installed by a Dec. 31 deadline. Full story: www.nj.com
First ACS-64 rolling on SEPTA; BLET involved in cab design
(Source: Railway Age, July 17, 2018) NEW YORK — No. 901, the first of 15 Siemens ACS-64 electric locomotives delivered to Southeastern Pennsylvania Transportation Authority (SEPTA), made its inaugural run in revenue service on July 11. The engineer’s cab and amenities...
CSX Q2 2018 profit tops Wall St. estimates
(Source: Reuters, July 17, 2018) NEW YORK — CSX's second-quarter net income jumped 72 percent to $877 million, or $1.01 per share, surpassing analysts’ average forecast of 87 cents per share. Operating ratio, which measures operating expenses as a percentage of...
CSX announces Q2 2018 financial results
(Source: CSX press release, July 17, 2018) JACKSONVILLE, Fla. — CSX Corporation today announced second quarter 2018 net earnings of $877 million, or $1.01 per share, versus $510 million, or $0.55 per share in the same period last year. CSX’s operating ratio set an...
RRB Q&A: Railroad Retirement age reductions
(Source: Railroad Retirement Board press release, May 31, 2018) CHICAGO — Railroad retirement benefits are subject to reduction if an employee with less than 30 years of service retires before attaining full retirement age. While employees with less than 30 years of...
Acid-tripping neo-Nazi from Missouri pleads guilty to disabling Amtrak train
(Source: Kansas City Star, July 13, 2018) KANSAS CITY, Mo. — A Missouri neo-Nazi armed with a gun who disabled an Amtrak train traveling through southwest Nebraska last year pleaded guilty Thursday to a terrorism charge and could spend the rest of his life in prison....
BNSF: Less oil spilled in Doon derailment than previously thought
(Source: Associated Press, July 11, 2018) DOON, Iowa — BNSF Railway says less oil spilled from derailed tanker cars in northwest Iowa last month than originally believed. Full story: www.kcrg.com
Drugs found amid train derailment wreckage in Marana, Ariz.
(Source: Associated Press, July 13, 2018) MARANA, Ariz. — A train derailment on the outskirts of Tucson is being investigated by authorities after drugs were found in the wreckage. Full story: www.usnews.com
