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Daily Headlines
Short line railroads keep chugging along
(Source: Tulsa World, March 18, 2018) SAPULPA, Okla. — Next time you drive to Sapulpa from Tulsa, glance off the highway and you may see a bright red locomotive with yellow trim pulling five freight cars. If so, you are witnessing living history. Full story: Tulsa...
Amtrak service resumes following report of suspicious package
(Source: Connecticut Post, March 18, 2018) WESTPORT, Conn. — Trains on the Metro-North New Haven Line near the Greens Farms Station in Westport were halted for about 90 minutes Sunday night due to police activity. Full story: Connecticut Post
Editorial: A year into change, CSX must make sure it’s on the right track
(Source: Jacksonville Business Journal, March 17, 2018) JACKSONVILLE, Fla. — While Wall Street continues to be impressed with the railroad and with CEO James Foote there are concerns the changes might be too much, too soon, affecting employee morale, the company’s...
NEC bridge shutdown a reminder of cost of aging infrastructure
(Source: Associated Press, March 16, 2018) NEWARK, N.J. — As a tug of war over funding a multibillion-dollar rail project continue in Washington, the perils facing Northeast Corridor commuters were brought into stark relief again Friday morning when a century-old...
STB to meet next month with disgruntled railroad customers
(Source: Reuters, March 16, 2018) SEATTLE — The top U.S. railways regulator plans to hold a series of meetings with disgruntled shippers and other customers starting next month, after fresh complaints over service delays and higher costs from automotive and grain...
Canada’s pipeline challenges will force more tar sands oil to move by rail
(Source: DeSmog Blog, March 18, 2018) NEW YORK — The Motley Fool has been advising investors on “How to Profit From the Re-Emergence of Canada’s Crude-by-Rail Strategy.” But what makes transporting Canadian crude oil by rail attractive to investors? According to the...
Hoffa: Pension committee must deliver on retirement promise
(Source: Column by Teamsters General President James P. Hoffa published at The Hill, March 17, 2018) WASHINGTON, D.C. — Years of hard work by Teamsters, retirees and other unions to reform the faltering multiemployer pension system finally are paying off. Late last...
CP Rail CEO Keith Creel paid $20.1 million in first year in role
(Source: Globe and Mail, March 16, 2018) TORONTO — Keith Creel made $20.1-million in his first year as chief executive officer of Canadian Pacific Railway Ltd. in a compensation scheme that was revamped under pressure from shareholders. Mr. Creel's compensation...
4 people injured after 2 trains collide, derail in Kentucky
(Source: Associated Press, March 19, 2018) GEORGETOWN, Ky. — Two freight trains collided and derailed shortly before midnight, injuring 4 people and igniting a fire that forced nearby residents to evacuate, authorities said Monday. No additional information about the...
CSX has resolved its problems with service, CEO tells investors
(Source: Jacksonville Daily Record, March 19, 2018) JACKSONVILLE, Fla. — CSX Corp. freight customers had a reason to complain about service disruptions as the Jacksonville-based railroad overhauled operations last summer, CEO James Foote admits. However, while there...
