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Daily Headlines
Residents oppose North Dakota rail terminal expansion
(Source: Bismarck Tribune, May 31, 2018) DICKINSON — Several North Dakota residents urged regulators to deny a permit for a rail facility Wednesday, citing concerns about increased oil industry development near Theodore Roosevelt National Park. Andeavor proposes to...
UP plans $20 billion stock buyback, expects 60% operating ratio
(Source: Marketwatch, June 1, 2018) OMAHA, Neb. — Union Pacific Corp. plans to buy back about $20 billion worth of stock between 2018 and 2020 and expects to achieve a 60% operating ratio on a full-year basis by 2020. Full story: Marketwatch
Lawmakers request meeting with Amtrak CEO over funding for Southwest Chief
(Source: The Hill, May 31, 2018) WASHINGTON, D.C. — A bipartisan group of lawmakers on Thursday asked for a meeting with Amtrak CEO Richard Anderson over the company’s plans to deny funding for its Southwest Chief route pending additional financial investments. Full...
AAR reports rail traffic for week ending May 26, 2018
(Source: Association of American Railroads press release, May 30, 2018) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 26, 2018. For this week, total U.S. weekly rail traffic was 565,502 carloads...
CN Rail order creates 300 new full-time jobs at Hamilton’s National Steel Car
(Source: Hamilton Spectator, May 31, 2018) HAMILTON, Ontario — CN Rail is placing its second order with National Steel Car in less than a month — a move that is expected to result in the creation of more than 300 new, full-time jobs. The order for 1,000 new grain...
Judge allows federal lawsuit over Millennium coal terminal to proceed
(Source: The Daily News, May 31, 2018) TACOMA, Wash. — A federal judge Wednesday declined to dismiss a lawsuit that accuses Washington Gov. Jay Inslee’s administration of interfering with foreign and interstate trade by denying key permits for a proposed coal terminal...
Authorities in Frankfort, Ind., “aggressively” citing stopped trains
(Source: www.wistv.com, May 30, 2018) FRANKFORT, Ind. — A community of approximately 17,000 in the heart of Indiana is cracking down on multibillion-dollar railroad companies accused of violating the state's blocked crossing statute, officials said. CSX and Norfolk...
Ohio Senators Brown and Portman: Keep Amtrak staff in Cincinnati
(Source: Cincinnati Enquirer, May 30, 2018) CINCINNATI, Ohio — Democrats and Republicans in Congress don't agree on much, but two senators from opposing parties think Amtrak should keep its ticket window and staff at Union Terminal. Full story: www.cincinnati.com
Sen. Heitkamp raises concerns in letter to Amtrak CEO
(Source: Grand Forks Herald, May 30, 2018) FARGO, N.D. — U.S. Sen. Heidi Heitkamp, D-N.D., has written to the top Amtrak official urging upgrades to aging equipment and to keep the Empire Builder line that runs through the state. The senator pointed out to Amtrak CEO...
As PTC deadline nears, are Class I railroads ready?
(Source: Supply Chain Dive, May 31, 2018) WASHINGTON, D.C. — With 140,000 miles of freight railroad track across the United States, getting all rails PTC-ready is no easy task. Full story: Supply Chain Dive
