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Fight over CSX rail tunnel in D.C. headed to court

(Source: Washington Post, November 12, 2014) WASHINGTON, D.C. — A D.C. group plans to file a lawsuit Wednesday challenging the Federal Highway Administration’s decision to approve plans to reconstruct a 110-year-old rail tunnel in Southeast Washington. Full story:...

State, feds investigating CSX derailment near Albany

(Source: The Journal News, October 24, 2014) NEW YORK — Federal and state investigators are looking into what caused 18 cars of a freight train to derail Wednesday night at a rail yard in the Albany area. The derailment happened at CSX’s Selkirk Yard. Full...

CP Rail-CSX merger: It was all about oil

(Source: Wall Street Daily, October 22, 2014) NEW YORK — Even though these two companies couldn’t work out a deal, the proposed merger brought to light an interesting outcome of the booming domestic energy industry. Unlike the many recent deals based on inversions and...