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U.S. rail network delays derail auto deliveries

(Source: Detroit News, May 16, 2014) DETROIT, Mich. — The snow, ice and extreme chill may be gone, but automakers still are feeling the aftereffects of the harsh winter: For months, big delays in the nation’s rail network have forced them to park newly built cars and...

Sale of MMA Railway expected to close today

(Source: Associated Press, May 15, 2014) PORTLAND, Maine — The sale of the Maine-based railroad responsible for a deadly oil train derailment in Quebec is nearly final. Chapter 11 trustee Robert Keach said the $15.85 million sale of bankrupt Montreal, Maine and...

Trains for grains scarce on the U.S. Plains

(Source: Reuters, May 14, 2014) NEW YORK — In the northern U.S. Plains, where there are no commercially navigable rivers, the U.S. rail system long has served as the lone, dependable way for farms to move grain hundreds of miles to reach ports and sell around the...