Rail Industry News
Elected leaders in Western Illinois promote Amtrak, freight rail
(Source: Quincy Herald-Whig, September 27, 2012) GALESBURG, Ill. — Western Illinois lawmakers and community leaders met Thursday to promote railroad service. Full story: Quincy Herald-Whig
CN testing natural gas-fired locomotives in oilsands rail corridor
(Source: Canadian Press, September 27, 2012) MONTREAL — Canadian National Railway is exploring whether its feasible to use cheap and relatively clean natural gas to power its trains instead of diesel. To start out, CN has retrofitted two of its existing diesel-fired...
Artillery rounds found near CSX railroad tracks in Montgomery
(Source: Associated Press, September 27, 2012) MONTGOMERY, Ala. — Military officials were investigating after railroad employees discovered some large artillery rounds near train tracks in Montgomery County. According to the Associated Press, the unexploded rounds are...
EEOC sues BNSF Railway for discrimination
(Source: Kansas City Star, September 27, 2012) KANSAS CITY, Mo — The Equal Employment Opportunity Commission has sued BNSF Railway Co., alleging disability discrimination. The charges stem from a failure-to-hire instance in 2008. According to the lawsuit filed in U.S....
STB orders Berkshire Hathaway to divest two railroads
(Source: Journal of Commerce, September 27, 2012) WASHINGTON, D.C. — Berkshire Hathaway has roughly a week to explain to the federal government how it will divest itself of two railroads, after the company revealed it owns two carriers other than BNSF Railway. Full...
Targeted members of the press denied access to Walker press conference
(Source: Wisconsin Citizens Media Cooperative, September 28, 2012) Governor Scott Walker and his staff are taking extraordinary steps to control his public image and protect him from the public outrage his policies have engendered. Yesterday, these measures included...
Opinion: ALEC isn’t for the little guy
(Source: San Francisco Chronicle, September 27, 2012) SAN FRANCISCO, Calif. — Americans are getting wise to the lasting damage caused by the American Legislative Exchange Council - the corporate-bill mill known primarily for pushing discriminatory voter ID laws...
Railroad stocks down at close of September 26 trading
(Source: Associated Press, September 26, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on September 26, including Kansas City Southern, which fell 1.3 percent, and Union Pacific, which fell 1.2 percent. Full story: CBS...
Kansas City Southern to release 3Q 2012 results on October 19
(Source: Kansas City Southern press release, September 21, 2012) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its financial results for third quarter 2012 on Friday October 19, 2012, before the opening of trading on the New York Stock Exchange. KCS will...
CN to announce construction of major facility
(Source: CN press release, September 26, 2012) WINNIPEG — CN executives will be joined by Manitoba Premier Greg Selinger and Winnipeg Mayor Sam Katz to announce a major CN facility to be built at Transcona. Date: September 28, 2012 Time: 11:00 a.m. Location: Winnipeg-...
Metro-North riders give railroad a good grade
(Source: Associated Press, September 26, 2012) GREENWICH, Conn. — Passengers on the New Haven line of Metro-North gave the railroad a B-plus rating in an annual survey, assigning improved grades for availability of seats and cleanliness of trains. Full story:...
NS prepares to open new crew hotel in Chattanooga
(Source: WRCB, September 26, 2012) CHATTANOOGA, Tenn. — A new hotel is set to open on Chattanooga's Amnicola Highway, but not one of 102 rooms will be open to the public. And those involved say this couldn't be happening any sooner. Norfolk Southern is catering to...
Judge will consider request for California high-speed rail injunction
(Source: Fresno Bee, September 26, 2012) SACRAMENTO, Calif. — A Sacramento judge will consider a motion for a preliminary injunction that could derail California's high-speed rail project in the central San Joaquin Valley. Judge Timothy Frawley ordered Friday that...
Study: Union background has profound influence on politicians
(Source: Huffington Post, September 25, 2012) WASHINGTON, D.C. — Politicians who come of age with the labor movement in their lives are more likely to advocate on behalf of worker-friendly policies, regardless of their political leaning, the makeup of their district...
Amtrak chief says passenger rail subsidy dwarfed by highway bailout
(Source: Bloomberg News, September 20, 2012) WASHINGTON, D.C. — The head of Amtrak defended taxpayer support for rail fares, saying highways have received more in emergency assistance in the past four years than the U.S. passenger railroad has gotten in its 41-year...
Railroad stocks mixed at close of September 25 trading
(Source: Associated Press, September 25, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on September 25, including CN, which rose 0.1 percent, and Norfolk Southern, which fell 18 percent. Full story: CBS News
Despite Rail America takeover, Australia is still key for Genesee & Wyoming
(Source: International Railway Journal, September 25, 2012) The acquisition of Rail America by fellow U.S. regional railway operator Genesee & Wyoming Inc (GWI) may be making the headlines, but industry analysts would do well to consider the strength of GWI's...
NJ Transit settles discrimination suit with police
(Source: Associated Press, September 25, 2012) NEWARK, N.J. — New Jersey Transit has agreed to pay 10 police officers $5.8 million to settle a discrimination lawsuit. The officers, all minorities, complained that their former chief addressed them with racial slurs and...
CN boss: Red tape could hit rail service
(Source: Financial Post, September 24, 2012) OTTAWA — Claude Mongeau, Canadian National Railway Co. chief executive, says he is “deeply concerned” about the potential impact increased regulation will have on the rail industry and the Canadian economy as a whole. Full...
Port of Tampa rail project unveiled; CSX exec hints at more to come
(Source: Tampa Bay Times, September 25, 2012) TAMPA, Fla. — A top CSX Corp. executive praised the swift speed of the public-private partnership that designed, funded and built the new Tampa Gateway Rail Terminal — unveiled Tuesday at the Port of Tampa. He also said...
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