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Daily Headlines
Preliminary probe points to broken rail in UP oil train derailment
(Source: Texarkana Gazette, April 24, 2018) TEXARKANA — A broken rail on the track may have caused Sunday's 12-car train derailment, according to a preliminary Union Pacific Railroad investigation. Full story: Texarkana Gazette
CSX announces operating management changes
(Source: CSX press release, April 23, 2018) JACKSONVILLE, Fla. — CSX Corporation today announced changes to its Operations management team to continue building upon the successes of the company’s scheduled railroading operating model. Brian Barr, vice president of...
UP, BNSF offer bonuses up to $25,000 to fill critical positions
(Source: Lincoln Journal Star, April 23, 2018) LINCOLN, Neb. — Omaha-based Union Pacific is offering signing bonuses as high as $15,000 for diesel mechanics, $20,000 for train crew positions and up to $25,000 for diesel electricians in North Platte, home to UP's...
Indiana Supreme Court to consider case about railroad fines
(Source: Associated Press, April 24, 2018) INDIANAPOLIS, Ind. — The Indiana Supreme Court will consider the validity of a state law allowing local governments to fine railroads when a stopped train blocks a street for more than 10 minutes. Full story: Dubois County...
STB: U.S. Class I employment steady in March
(Source: Progressive Railroading, April 23, 2018) As of mid-March, U.S. Class Is employed 145,105 workers, up 0.2 percent compared with mid-February’s level, but down 2.8 percent compared with mid-March 2017's count, according to Surface Transportation Board data....
Report: GE in talks to sell rail business to Wabtec
(Source: Progressive Railroading, April 23, 2018) General Electric Co. is in talks to sell its locomotive business to rail equipment manufacturer Wabtec Corp., Bloomberg reported late last week. GE is considering combining the GE Transportation business with Wabtec,...
CN chief Ruest speeds up spending in rush to ease congestion
(Source: Bloomberg, April 23, 2018) NEW YORK — Canadian National Railway Co.’s new boss is moving quickly to overcome service shortcomings that have curtailed profit and angered customers. Full story: www.bnn.ca
CN adjusts 2018 financial targets after net profit falls 16 percent in 1Q 2018
(Source: Ottawa Citizen, April 23, 2018) OTTAWA — Canadian National Railway Co. adjusted its end-of-year financial targets on Monday after the company’s net profit fell 16 percent in a first quarter marred by capacity constraint issues and the surprise resignation of...
CN reports Q1 2018 financial results
(Source: CN press release, April 23, 2018) TORONTO — CN today reported its financial and operating results for the first quarter ended March 31, 2018. Financial results highlights First-quarter 2018 compared to first-quarter 2017 • Net income decreased by 16 per cent...
Amtrak from California to Illinois reveals country’s beauty
(Source: St. Louis Post-Dispatch, April 21, 2018) ST. LOUIS, Mo. — The California Zephyr — 2,447 miles of exciting, often spectacular scenery from Chicago to the San Francisco Bay Area — has been called one of the most beautiful train trips in North America. Full...
