Rail Industry News
RailAmerica reports June 2012 monthly carloads up 3.7 percent over 2011
(Source: RailAmerica press release, July 12, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads for the month ended June 30, 2012 were 72,820, up 3.7% from 70,238 in June 2011. The Company increased shipments in June 2012 in...
Railroad stocks mixed at close of July 12 trading
(Source: Associated Press, July 12, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on July 12, including Canadian Pacific Railway, which fell 0.2 percent, and Norfolk Southern, which rose 0.8 percent. Full story: CBS News
Union Pacific will meet with public on fatal Chicago derailment
(Source: Chicago Tribune, July 13, 2012) CHICAGO — Representatives from Union Pacific will appear at a community meeting to discuss the July 4 freight train derailment and viaduct collapse that took the life of a Glenview couple. The meeting, requested by officials in...
More asbestos lawsuits filed against BNSF
(Source: Lincoln Journal Star, July 12, 2012) LINCOLN, Neb. — A Houston attorney is representing three more former employees of BNSF Railway and the widow of a fourth in lawsuits alleging they suffered damages -- and in one case, death -- from exposure to asbestos...
More volatile cargo a part of railroad accidents
(Source: Dayton Daily News, July 12, 2012) DAYTON, Ohio — The number of railroad cars carrying hazardous materials involved in accidents in Ohio increased by 152 percent in the past 10 years — from 129 in 2002 to 326 last year — but industry officials stress railroad...
AAR: Railroads report weekly intermodal volume up 5.6 percent over 2011
(Source: Association of American Railroads press release, July 12, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed weekly rail traffic for the week ending July 7, 2012, with U.S. railroads originating 243,156 carloads, down 1...
Amtrak relying on U.S. funding to attract high-speed rail investors
(Source: Bloomberg News, July 12, 2012) WASHINGTON, D.C. — Amtrak, the U.S. long-distance passenger railroad, is turning its sights from private investors toward governments to fund the beginning of a $151 billion plan for bullet trains between Northeast cities by...
LaHood: High-speed rail ‘not a pipe dream’
(Source: The Hill, July 12, 2012) WASHINGTON, D.C. — Transportation Secretary Ray LaHood said Thursday that President Obama's proposals to more build high-speed railways in the United States is "not a pipe dream." LaHood has been attending the eighth annual World...
‘Higher-speed’ trains to precede true high-speed rail in U.S.
(Source: Philadelphia Inquirer, July 13, 2012) PHILADELPHIA — Can you have a European- or Japanese-style high-speed rail experience, even if the train is creeping along at less than 150 miles an hour? Yes, say international manufacturers who are touting the prospects...
Why high-speed rail could spur a Golden Age in the Northeast
(Source: The Atlantic, July 13, 2012) NEW YORK — From New York's Pennsylvania Station, you can catch a northbound subway train toward the Bronx. Thirty-nine minutes later, it will pull into Pelham Pkwy, a dozen miles away. But imagine, instead, that you could hop...
Fire is out, Norfolk Southern begins cleanup as NTSB probes for cause
(Source: Columbus Dispatch, July 12, 2012) COLUMBUS, Ohio — Federal investigators seeking the cause of a North Side train derailment are taking a close look at the tracks, after early scrutiny of the crew’s actions and the train itself revealed no glaring problems....
Railroad stocks mixed at close of July 11 trading
(Source: Associated Press, July 11, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading, including CN, which rose 1.3 percent, and Kansas City Southern, which fell 1.1 percent. Full story: CBS News
CSX Corporation declares quarterly dividend
(Source: CSX press release, July 11, 2012) JACKSONVILLE, Fla. — On July 11, the Board of Directors of CSX Corporation approved a $0.14 per share quarterly cash dividend on the company's common stock. The dividend is payable on September 14, 2012, to shareholders of...
On-board camera captured Union Pacific derailment that killed Chicago-area couple
(Source: Chicago Sun-Times, July 11, 2012) CHICAGO — A video camera on the Union Pacific freight train that derailed on July 4 in Northbrook captured the train’s crash atop a bridge that then collapsed and killed a Glenview couple in a car beneath it, officials said....
Transportation secretary Ray LaHood: High-speed rail ‘long overdue’
(Source: Philadelphia Inquirer, July 12, 2012) PHILADELPHIA — Comparing bullet trains to grand American achievements of the past, President Obama's transportation chief Ray LaHood said benefits of a high-speed rail network would far outweigh the multibillion-dollar...
NTSB seeking answers following NS derailment, explosion in Columbus
(Source: Associated Press, July 12, 2012) COLUMBUS, Ohio — Exploding freight cars full of ethanol made for a dramatic early morning scene in Ohio's capital on Wednesday, but officials said the train derailment that led to a hurried evacuation of an urban neighborhood...
Amtrak plans 37-minute train from New York to Philadelphia by 2040
(Source: Reuters, July 9, 2012) PHILADELPHIA — Amtrak announced a $151 billion improvement plan on Monday that includes 37-minute trips from New York to Philadelphia at speeds approaching 220 miles per hour. Full story: Reuters.com
NTSB issues preliminary report on fatal June 24 collision in Okla.
(Source: National Transportation Safety Board (NTSB) press release, July 9, 2012. BLET Members Dan J. Hall and John S. Hall, both of Division 592, were killed in the collision.) Eastbound Union Pacific Railroad (UP) Freight Train ZLAAH-22 and Westbound UP Freight...
Railroad stocks down at close of July 10 trading
(Source: Associated Press, July 10, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on July 10, including CSX, which fell 0.8 percent, and Canadian Pacific, which fell 0.4 percent. Full story: CBS News
NS freight train derails, catches fire in Columbus, Ohio
(Source: Reuters, July 11, 2012) COLUMBUS, Ohio — A Norfolk Southern freight train derailed and caught fire in Columbus, Ohio, early on Wednesday, forcing nearby residents to evacuate, authorities said. The 98-car train was carrying "mixed freight," a spokesman for...
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