Rail Industry News
Delaware fits well into Amtrak’s upgrade plans
(Source: The News Journal, August 16, 2012) WILMINGTON, Del. — Amtrak’s plans for a sleek high-speed rail system along the Northeast Corridor don’t include stops in Delaware by the fleet’s fastest trains. Wilmington would likely serve as a hub for slower, high-speed...
Texas asks for higher limits on truck weights
(Source: Fort Worth Star-Telegram, August 15, 2012) IRVING, Texas — Heavier trucks could soon be allowed on Texas highways as the state prepares for a potentially huge increase in freight shipments caused by the expansion of the Panama Canal. Full story: Fort Worth...
CSX, NS post intermodal gains after expanding tunnels, yards
(Source: Bloomberg News, August 16, 2012) NEW YORK — CSX Corp.’s container cargoes have increased about 10 percent for two straight quarters as eastern U.S. railroads invest billions in a business that threatens the trucking industry’s most lucrative shipments. CSX...
Teamsters National Black Caucus kicks off
(Source: International Brotherhood of Teamsters press release, August 15, 2012) CHARLOTTE, N.C. — The 37th Annual Teamsters National Black Caucus (TNBC) Education Conference kicked off today in Charlotte, N.C., and delegates are being urged to gear up for the fall...
SEPTA conductor rescues 3-year-old girl from tracks during morning rush hour
(Source: New York Daily News, August 15, 2012) NEW YORK — A Philadelphia train conductor saved a 3-year-old girl who fell onto the tracks during rush hour yesterday morning at Philadelphia’s busy Market East Station, a central hub for 12 of the city’s commuter rail...
FRA to Congress: Partial, rather than full, PTC implementation is likely by 2015’s end
(Source: Progressive Railroading, August 15, 2012) The Federal Railroad Administration (FRA) recently issued a positive train control (PTC) implementation status report to Congress that states partial deployment of PTC likely can be achieved by Dec. 31, 2015, rather...
Railroad stocks mixed at close of August 14 trading
(Source: Associated Press, August 14, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on August 14, including CN, which rose 0.3 percent, and UP, which fell 0.01 percent. Full story: CBS News
CN announces investment to service Wisconsin frac sand plant
(Source: CN press release, August 13, 2012) CHICAGO — CN and Superior Silica Sands today announced a multi-year agreement to move frac sand from a new processing plant now under construction in northern Wisconsin. Texas-based Superior Silica Sands is building an...
Large railroad companies, small railroads try to forge better business relationships
(Source: Progressive Railroading magazine, August 3, 2012) About one-fifth to one-quarter of U.S. Class Is' annual traffic involves short lines. The small railroads typically handle a move's first or last mile and work closely with their customers to arrange rail-car...
New rail stations, tunnel to airport eyed for Philadelphia
(Source: Philadelphia Inquirer, August 15, 2012) PHILADELPHIA — Amtrak and City of Philadelphia officials envision a new high-speed rail station on Market Street east of City Hall, linked by a 10-mile tunnel to Philadelphia International Airport, where a second new...
California high-speed rail forum brings together contractors, small businesses
(Source: Fresno Bee, August 14, 2012) FRESNO, Calif. — About 500 small-business representatives from throughout the San Joaquin Valley and California met with potential prime contractors Tuesday in Fresno in hopes of finding work building California's high-speed train...
Union Pacific to test low emission locomotive technology in California
(Source: Union Pacific Railroad press release, August 13, 2012) ROSEVILLE, Calif. — Union Pacific Railroad is investing $20 million to test new technology designed to reduce diesel emissions from freight locomotives in California. A series of 25 experimental...
CN signals new iron ore line with $5 billion price tag
(Source: Canadian Press, August 13, 2012) CALGARY, Alberta — Canadian National Railway is taking a step toward building a potentially lucrative new transportation link for iron ore producers at the Quebec-Labrador border by proceeding with a feasibility study. Full...
Canadian Pacific to halt container service to Port of Milwaukee
(Source: Milwaukee Journal Sentinel, August 13, 2012) MILWAUKEE, Wisc. — The Canadian Pacific Railway will discontinue its container service at the Port of Milwaukee, a decision that has upset city officials and some business people. Full story: Milwaukee Journal...
Genesee & Wyoming Inc. reports decline in traffic for July 2012
(Source: Genesee & Wyoming press release, August 13, 2012) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) today reported traffic volumes for July 2012. GWI’s traffic in July 2012 was 80,858 carloads, a decrease of 4,341 carloads, or 5.1 percent, compared with July...
RailAmerica, Inc. reports increased July 2012 monthly carloads
(Source: RailAmerica press release, August 13, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads for the month ended July 31, 2012 were 72,433, up 5.4% from 68,727 in July 2011. The Company increased shipments in July 2012 in...
Federal Railroad Administration to host meetings on Northeast Corridor’s future
(Source: Progressive Railroading, August 13, 2012) Starting today, the Federal Railroad Administration (FRA) will hold meetings in the District of Columbia and each of the eight states that make up the Northeast Corridor (NEC) to educate the public and solicit...
Railroad stocks up at close of August 10 trading
(Source: Associated Press, August 10, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on August 10, including CSX, which rose 1.5 percent, and Norfolk Southern, which rose 1.2 percent. Full story: CBS News
Energy firms eye hipping oilsands crude by rail
(Source: Montreal Gazette, August 13, 2012) OTTAWA — As battles rage over the Northern Gateway and Keystone XL pipelines, governments and energy companies are eyeing other options for transporting oilsands crude to foreign markets, including by rail, a pipeline...
Coal study fires up debate over economics, environment
(Source: Great Falls Tribune, August 10, 2012) HELENA — A recent study by Energy Policy Research Foundation claims that expanding coal development in the Powder River Basin could add between $2 billion and $6 billion per year to the nation’s economy. Full story: Great...
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