Rail Industry News
Deadly weekend prison riot highlights risks of private prisons
(Source: International Brotherhood of Teamsters press release, May 21, 2012) WASHINGTON, D.C. — This weekend’s prison riot at the Adams County Correctional Center in Mississippi, a facility operated by the Corrections Corporation of America (CCA), is a brutal reminder...
Dems wade into major airline union battle
(Source: The Hill, May 19, 2012) WASHINGTON, D.C. — Democratic lawmakers have waded into what's becoming a messy union organizing battle at American Airlines. Both senators and House members have sent letters to American Airlines CEO Tom Horton this week asking the...
Mass layoffs, labor law violations force Teamster strike at wire mill
(Source: International Brotherhood of Teamsters press release, May 21, 2012) KENT, Wash. — Workers at the Davis Wire mill in Kent (S 194th St & 80th Ave S.) went on strike early this morning in response to mass layoffs and other unlawful actions by the company. Picket...
Railroad stocks down at close of May 18 trading
(Source: Associated Press, May 18, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on May 18, including Kansas City Southern, which fell 1.1 percent, and Union Pacific, which fell 0.9 percent. Full story: CBS News
Work on SunRail track slated to start this week
(Source: Orlando Sentinel, May 19, 2012) ORLANDO, Fla. — Maintenance work is set to begin this week on a seven-mile stretch of track that will eventually be used by SunRail trains. The Florida Department of Transportation will start work Monday on a nearly 7-mile-long...
Spotlight falls on five players at Canadian Pacific
(Source: Globe and Mail, May 19, 2012) OTTAWA — With the changing of the guard at Canadian Pacific Railway Ltd., here are five key people to watch as the Bill Ackman era begins at the 131-year-old transportation giant: Hunter Harrison, Paul Hilal, Stephen Tobias,...
Infrastructure problems hold back U.S. economy
(Source: USA Today, May 20, 2012) WASHINGTON, D.C. — As the economy picks up, the nation's creaking infrastructure will increasingly struggle to handle the load. That will make products more expensive as businesses pay more for shipping or maneuver around roadblocks,...
Railroad worker crushed by roll of newsprint at Philadelphia Inquirer printing plant
(Source: Philadelphia Inquirer, May 19, 2012) PHILADELPHIA — A railroad worker was killed today when he was crushed by an 1,800-pound roll of newsprint at the Philadelphia Inquirer and Daily News Schuylkill Printing Plant in Upper Merion. Jefferson L. Troester, 43, of...
Union Pacific sees slow and steady growth in U.S. economy
(Source: Bloomberg News, May 18, 2012) NEW YORK — Union Pacific Corp., the largest U.S. rail carrier, said that U.S. economic growth is “slow and steady.” Full story: Bloomberg News
Kansas City Southern says coal shipments weaker
(Source: Reuters, May 18, 2012) NEW YORK — Railroad operating company Kansas City Southern said on Friday shipments of coal, farm products and chemicals were weaker than expected a month ago, but kept its full-year profit forecast unchanged, saying shipments should...
Weak coal shipments weigh on U.S. railroads
(Source: Reuters, May 18, 2012) NEW YORK — More cars, less coal. That sums up the shipping trends at the biggest U.S. railroads so far in the second quarter. Full story: Reuters
TCRC gives 72 hours strike notice at CP Rail
(Source: Teamsters Canada Rail Conference press release, May 19, 2012) OTTAWA, Ontario — Teamsters Canada Rail Conference (TCRC) which represents some 4,800 workers at Canadian Pacific has issued today a 72 hours strike notice that will take effect on May 23rd at...
Teamster Red Cross strike in Lansing enters seventh week
(Source: International Brotherhood of Teamsters press release, May 17, 2012) LANSING, Mich. — Teamster employees of Red Cross in Lansing, who were forced to strike at the end of March, will continue their shutdown of blood drives until Red Cross management makes ample...
Operation Lifesaver reminds photographers to stay safe, stay away from train tracks
(Source: Operation Lifesaver press release, May 17, 2012) WASHINGTON, D.C. — Operation Lifesaver (OLI, www.oli.org), the rail safety education nonprofit organization, urges professional photographers to be aware of the risk to life and limb in the current trend of...
Railroad stocks mixed at close of May 17 trading
(Source: Associated Press, May 17, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on May 17, including CP Rail, which rose 0.3 percent, and KCS, which fell 6.4 percent. Full story: CBS News
AAR: Intermodal volume up 3.1 percent for week ending May 12, 2012
(Source: Association of American Railroads press release, May 17, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed weekly rail traffic for the week ending May 12, 2012, with U.S. railroads originating 279,063 carloads, down 5.2...
Canadian Pacific searches for replacement CEO
(Source: Canadian Press, May 17, 2012) CALGARY, Alberta — The search for a new boss at Canadian Pacific Railway Ltd. is underway after an activist hedge fund succeeded in its months-long battle to oust CEO Fred Green, a 34-year veteran of the railroad. Full story:...
Ackman wins proxy fight at Canadian Pacific Railway
(Source: New York Times, May 18, 2012) OTTAWA — In a blow to Canada’s business establishment, the activist investor William A. Ackman won his proxy battle for control of the Canadian Pacific Railway, one of the country’s oldest and most prominent companies. Full...
Possible TCRC strike is first challenge awaiting CP Rail’s new management team
(Source: Alberta Farmer Express, May 17, 2012) CALGARY, Alberta — Canadian Pacific Railway's new Board of Directors could hit its first obstacle as early as Wednesday, when the railway's unionized engineers, conductors, traffic controllers, trainmen and yardmen...
Environmentalists alarmed by coal export plans
(Source: Portland Tribune, May 17, 2012) PORTLAND, Ore. — After years of lobbying, Portland environmentalists won a remarkable victory in 2010 when Portland General Electric consented to halt coal-burning by 2020 at its Boardman power plant -- the single-largest...
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