Rail Industry News
BNSF downplays fears over Bellingham waterfront rail siding
(Source: Bellingham Herald, May 14, 2012) BELLINGHAM - A railroad official has written a letter to City Council members attempting to calm fears that construction of a proposed coal terminal would force construction of a long and potentially disruptive rail siding...
Railroad stocks mixed at close of May 14 trading
(Source: Associated Press, May 14, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on May 14, including KCS, which fell 2.1 percent, and CN, which rose 0.9 percent. Full story: CBS News
Original wooden ‘Trestles’ at famed California surf spot no more
(Source: Los Angeles Times, May 14, 2012) LOS ANGELES — With an Amtrak Pacific Surfliner crossing over the new Trestles bridge on Monday morning, local transportation officials marked the completion of a multimillion-dollar project to replace the storied, but...
Amtrak expansion celebrated in Freeport, Brunswick
(Source: Associated Press, May 14, 2012) FREEPORT, Maine — Transportation officials on Monday celebrated the opening of two train platforms ahead of the expansion of passenger rail service northward in Maine. Federal Railroad Administrator Joseph Szabo and Maine...
Poll suggests Pershing Square gaining ground in Canadian Pacific proxy battle
(Source: Canadian Press, May 14, 2012) CALGARY, Alberta — The latest poll by investor advisory firm Brendan Wood suggests the activist investor pushing for change at Canadian Pacific Railway Ltd. is gaining support. Full story: Winnipeg Free Press
Honoring Chinese transcontinental railroad workers
(Source: Salt Lake Tribune, May 14, 2012) SALT LAKE CITY, Utah — To honor the more than 2,600 Chinese who built the transcontinental railroad — which was completed at Promontory Summit 143 years ago — Chinese officials presented Utah Gov. Gary Herbert’s Office with a...
California high-speed rail must hustle to keep funding
(Source: Associated Press, May 14, 2012) SAN FRANCISCO — California will need to build its high-speed train line in record time if it doesn't want to risk losing federal funds — indeed, it will have to be the fastest piece of transportation construction in U.S....
Norfolk Southern locomotive has ‘Avengers’ cameo
(Source: Virginian-Pilot, May 12, 2012) NORFOLK, Va. — A Norfolk Southern train makes a fleeting appearance in the superhero epic, "The Avengers." Full story: Virginian-Pilot
NS invites public to join in rail security initiative
(Source: Norfolk Southern press release, May 11, 2012) NORFOLK, Va. — Norfolk Southern is making it easier for communities, businesses, and informed observers such as rail fans to report issues relating to public safety and security to the railroad’s police force. The...
Union Pacific investors reject resolutions
(Source: Associated Press, May 11, 2012) OMAHA, Neb. — Union Pacific investors have rejected shareholder proposals that dealt with executive ownership of the railroad's stock and the company's lobbying. Full story: CBS News
US, Canada move to end screening stop for N.Y.-bound Amtrak trains from Montreal
(Source: Associated Press, May 11, 2012) ALBANY, N.Y — An extra stop to screen Amtrak trains running between Montreal and New York City could soon be eliminated. Full story: CTV.ca
A Kansas town tries to keep the train coming through
(Source: CNN, May 13, 2012) WASHINGTON, D.C. — Garden City, with a population of around 28,000, has had its own daily passenger railroad service since the town was founded in rural southwest Kansas in the late 1800s. The Atchison, Topeka & Santa Fe sent its glamorous...
Railroad stocks mixed at close of May 11 trading
(Source: Associated Press, May 11, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on May 11, including CN, which rose 0.4 percent, and UP, which fell 0.2 percent. Full story: CBS News
Lines drawn for Canadian Pacific showdown
(Source: Globe and Mail, May 13, 2012) TORONTO — A vicious months-long proxy fight over the future of Canadian Pacific Railway Ltd. culminates this week as the combatants converge on Calgary. Full story: Globe and Mail
Corporate culture shift underway in Canada after CP Rail proxy fight
(Source: Financial Post, May 11, 2012) OTTAWA — Last summer, a group of about 20 high-profile portfolio managers were invited to Benoit’s, a trendy midtown New York City bistro, to discuss opportunities in the transportation sector. The private, oak-panelled room...
N.J. to contribute to proposed Amtrak tunnel
(Source: Philadelphia Inquirer, May 13, 2012) PHILADELPHIA — The Christie administration, which killed a trans-Hudson rail tunnel because of fears of cost overruns, will pay its “fair share” of a proposed Amtrak tunnel project linking New Jersey and New York City,...
High-speed rail’s competing visions
(Source: Politico, May 13, 2012) As roads become more crowded each year, transportation planners have been looking for a game-changer that can reduce congestion and efficiently move millions of people. Enter rail — a centuries-old mode that may be a shining savior to...
Details of DFW bullet train proposal emerge
(Source: Fort Worth Star-Telegram, May 10, 2012) FORT WORTH, Texas — If high-speed rail comes to North Texas by 2020, the bullet trains will initially rely on the area's road system -- not public transportation -- to get most of the riders from the end of the line to...
California high-speed rail faces tough federal deadline
(Source: Los Angeles Times, May 13, 2012) LOS ANGELES — If California starts building a 130-mile segment of high-speed rail late this year as planned, it will enter into a risky race against a deadline set up under federal law. Full story: Los Angeles Times
RailAmerica, Inc. reports April 2012 monthly carloads
(Source: RailAmerica press release, May 10, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads in April 2012 were 71,936 compared with 72,081 in April 2011. The Company increased shipments in April 2012 in eight out of twelve...
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