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Daily Headlines

FRA’s Batory calls on public to help improve rail crossing safety

(Source: Progressive Railroading, April 18, 2018) In a newspaper column published this week, Federal Railroad Administrator Ronald Batory called on motorists and pedestrians to "make safe choices" at railroad crossings by honoring warning signals and lowered gates....

French rail workers strike against President’s reform proposals

(Source: Reuters, April 19, 2018) PARIS — Striking French rail staff halted train services for the seventh day this month on Wednesday in protest over a major shake-up of the state-owned railway company, but President Emmanuel Macron said he would not be cowed into...

CP Rail reports 1Q 2018 results

(Source: Canadian Pacific Railway press release, April 18, 2018) CALGARY — Canadian Pacific Railway Limited today announced first-quarter reported diluted earnings per share (EPS) of $2.41, or $2.70 on an adjusted diluted EPS basis. "This was a challenging quarter, as...

CP Rail sees profit slump in 1Q 2018

(Source: Reuters, April 18, 2018) CALGARY — Canadian Pacific Railway Ltd.’s profit fell 18 per cent in the first quarter, as expenses rose amid a winter that tested the resiliency of the North American rail network. Full story: Reuters

CP won’t be ‘held hostage’ in union talks, CEO Creel says

(Source: Financial Post, April 19, 2018) OTTAWA — With a strike deadline just days away, Keith Creel, Canadian Pacific Railway Ltd.’s chief executive, said the company will not be “held hostage” in negotiations and is willing to experience the short-term pain of a...

Manchin, Jenkins report productive meeting with Amtrak

(Source: The Register-Herald, April 17, 2018) BECKLEY, W.Va. — "Productive" is the word being used to describe the meeting between the president and CEO of Amtrak and Collis P. Huntington Railroad Society officials. The two sides met in Washington, D.C., Tuesday...

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