Rail Industry News
Did Republicans deliberate crash the U.S. economy?
(Source: The Guardian, June 9, 2012) LONDON — So why does the US economy stink? Why has job creation in America slowed to a crawl? Why, after several months of economic hope, are things suddenly turning sour? Increasingly, Democrats are making the argument that the...
Railroad stocks down at close of June 11 trading
(Source: Associated Press, June 11, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on June 11, including CSX, which fell 0.5 percent, and Union Pacific, which fell 0.9 percent. Full story: CBS News
David Raisbeck steps down from CP’s Board of Directors
(Source: Canadian Pacific Railway press release, June 11, 2012) CALGARY, Alberta — Canadian Pacific Railway today advised that, for personal reasons, David Raisbeck has decided to resign from the CP Board of Directors, a position he has held since October 2009. During...
RailAmerica reports May 2012 monthly carloads up 8%
(Source: RailAmerica press release, June 12, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads for the month ended May 31, 2012 were 75,384, up 8% from 69,776 in May 2011. The Company increased shipments in May 2012 in eight...
Low-speed BNSF train strikes aviation fuel trailer in Everett, causing spill
(Source: Seattle Times, June 12, 2012) EVERETT, Wash. — A BNSF Railway locomotive traveling less than 5 mph hit a trailer at Boeing’s Everett complex at 10 a.m. Monday, spilling some aviation fuel. Full story: Seattle Times
Teamsters: Indiana governor wrong about public sector unions
(Source: International Brotherhood of Teamsters press release, June 11, 2012) WASHINGTON, D.C. — Today, the Teamsters Union denounced remarks made by Indiana Gov. Mitch Daniels during his appearance on “Fox News Sunday,” when he called for the elimination of all...
Analysis : Higher ratings slash project costs for U.S. railroads
(Source: Reuters, June 11, 2012) WASHINGTON, D.C. — Credit rating upgrades can't come fast enough for U.S. railroads looking to slice hundreds of millions of dollars from borrowing costs to fund massive projects to upgrade the nation's freight network. The higher...
So. Cal. to Las Vegas high-speed project DesertXpress is renamed “XpressWest”
(Source: DesertXpress press release, June 11, 2012) LAS VEGAS — DesertXpress Enterprises has renamed its Las Vegas to Southern California high-speed rail service "XpressWest" to more accurately reflect its role as the first leg of a larger western high-speed passenger...
Rail stocks mixed at close of June 8 trading
(Source: Associated Press, June 8, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on June 8, including CN, which fell 0.3 percent, and Norfolk Southern, which rose 0.7 percent. Full story: CBS News
Nebraska prizes its Union Pacific connection
(Source: Omaha World-Herald, June 10, 2012) NORTH PLATTE, Neb. — A full century and a half after it all began, Union Pacific's impact on many places, including Omaha, is as immediate as ever. Full story: Omaha World-Herald
Amtrak taking new look at projected ridership on Florida’s Treasure Coast
(Source: TC Palm, June 8, 2012) STUART, Fla. — Now that the state has agreed to accept liability for potential rail crashes near Miami, Amtrak representatives say they are revising their 2010 ridership and revenue studies to make sure passenger rail service through...
Metrolink to raise fares, add service
(Source: Los Angeles Times, June 10, 2012) LOS ANGELES — Metrolink is planning a 7 percent fare increase systemwide beginning July 1, 2012. The passenger railroad also announced a number of service changes, including additional trains throughout the Los Angeles...
Graphic ads warn of danger near railroad tracks
(Source: Philadelphia Inquirer, June 10, 2012) PHILADELPHIA, Pa. — NJ Transit presented two rather blunt public service announcements Friday with a simple plea: "Stay off the tracks." The goal is to reduce railroad fatalities. Full story: Philadelphia Inquirer
Railroads, refineries see profit in shipping crude oil across Maine
(Source: Bangor Daily News, June 11, 2012) BANGOR — The modern-day oil boom in the western U.S. and Canada is fueling interest in shipping crude oil by rail across Maine to a refinery in the Maritimes. Full story: Bangor Daily News
Terror attack drill at Rensselaer Amtrak Station
(Source: WNYT, June 9, 2012) RENSSELAER, N.Y. — Emergency personnel conducted a terrorism response drill at the Rensselaer Amtrak Station on Saturday, June 9. Full story: www.wnyt.com
Boston rail workers praised for halting train to save child’s stuffed animal
(Source: MSNBC, June 8, 2012) BOSTON — MBTA transit workers are gaining praise from a mother for rescuing her 3-year-old daughter's stuffed animal from the train tracks. According to Casey Carey-Brown's blog, "Life with Roozle", MBTA workers acted quickly to save her...
Locked out Republic Services workers extend picket line to Long Beach
(Source: International Brotherhood of Teamsters press release, June 8, 2012) LONG BEACH, Calif. — Sanitation workers who have been locked out of their jobs by Republic Services/Allied Waste in Evansville, Ind. extended their picket line to a Republic hauling yard and...
School bus drivers, Teamsters rally at Napa Valley Vineyard
(Source: International Brotherhood of Teamsters press release, June 9, 2012) SAN FRANCISCO, Calif. — School bus drivers with Cook-Illinois Corporation and Teamsters Joint Council 7 held a rally today at Benessere Vineyards in Napa Valley to call on its owner, John...
Republic Airways Teamsters share plight about company’s attacks on workforce
(Source: International Brotherhood of Teamsters press release, June 8, 2012) WASHINGTON, D.C. — Teamster pilots, flight attendants and mechanics who work at Republic Airways—which provides regional jet passenger service for mainline U.S. carriers—distributed fliers...
APTA: Public transportation ridership surged in first quarter 2012
(Source: American Public Transportation Association (APTA) press release, June 5, 2012) WASHINGTON, D.C. — Public transportation ridership surged in the first quarter of 2012, as Americans took nearly 2.7 billion trips, an increase of 5.0% over the first quarter of...
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