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Daily Headlines
Wabtec and GE Transportation to merge in $11 billion deal
(Source: Bloomberg, May 21, 2018) NEW YORK — General Electric Co. Chief Executive Officer John Flannery is taking the biggest step yet in his plan to revitalize the beleaguered manufacturer, agreeing to merge its century-old locomotive business with Wabtec Corp. in a...
North American rail operators put profits before customers, claim shippers
(Source: The Loadstar, May 18, 2018) TORONTO — North American rail operators have been accused by shipper organizations of putting Wall Street analysts before customers. Shippers are frustrated by poor service and tight capacity and blame the Class One rail companies...
Blue states strike first against awaited anti-union Supreme Court ruling
(Source: Politico, May 21, 2018) WASHINGTON, D.C. — Blue state lawmakers are waging a preemptive strike against an anticipated U.S. Supreme Court decision that could decimate the power of public-sector unions across the nation. Full story: Politico
At annual meeting, CSX says it will put more resources into safety
(Source: Jacksonville Daily Record, May 18, 2018) JACKSONVILLE, Fla. — While much attention has been focused on the efficiency of CSX Corp.’s railroad since new management came in last year, CEO James Foote now is putting more resources into safety. Foote told...
Norfolk Southern COO Wheeler sells $302,660 in company stock
(Source: Week Herald, May 17, 2018) NEW YORK — Norfolk Southern COO Michael Joseph Wheeler sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 16. The stock was sold at an average price of $151.33, for a total transaction of...
Sen. Manchin voices concerns about Amtrak decision to de-staff W.Va. ticket station
(Source: Charleston Gazette-Mail, May 17, 2018) CHARLESTON, W.Va. — U.S. Sen. Joe Manchin, D-W.Va., is calling on Amtrak President Richard Anderson to postpone plans to de-staff the Charleston station after June 6, saying he has “serious concerns” about criteria used...
Sen. Daines fights against Amtrak ticket agent cuts along Hi-Line
(Source: MTN News, May 17, 2018) GREAT FALLS, Mont. — During a hearing in the Senate Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies, U.S. Senator Steve Daines (R-MT) urged Amtrak officials to reconsider cutting...
Canadian National fined over $1 million for violating Canadian Environmental Protection Act
(Source: Environment and Climate Change Canada press release, May 17, 2018) MONTREAL — Canadians recognize the importance of a safe and a clean environment. Environment and Climate Change Canada's enforcement officers work to ensure that individuals comply with...
Will Indiana localities continue to be permitted to fine railroads when stopped trains block street crossings?
(Source: www.nwitimes.com, May 17, 2018) INDIANAPOLIS, Ind. — Likely every Northwest Indiana motorist has been stuck in traffic or forced to find a detour due to a stopped train blocking a rail crossing for longer than 10 minutes. Full story: www.nwitimes.com
Teamster organizers hone their craft at conference
(Source: International Brotherhood of Teamsters press release, May 17, 2018) WASHINGTON, D.C. — Teamster organizers from local unions, Joint Councils and the International Union shared ideas and strategies about building Teamster Power during an organizing conference...
