Rail Industry News
Rock slide blocks train line in N. Idaho
(Source: San Fransisco Chronicle, April 3, 2012) BONNERS FERRY, Idaho — A Burlington Northern Santa Fe spokesman says large boulders broke off from a cliff in northern Idaho and blocked a train line connecting Montana to the Pacific Northwest overnight. Full story:...
Ackman adds railway legend Tobias to alternative CP slate
(Source: The Globe and Mail, April 3, 2012) CALGARY — New York investor Bill Ackman has recruited a U.S. rail legend to bolster his campaign to shake up Canadian Pacific Railway Ltd. Mr. Ackman’s fund Pershing Square Capital Management LP said Monday that retired...
Gore Man Struck By Train After Wrecking On Railroad Tracks
(Source: NewsOn6, April 3, 2012) MUSKOGEE COUNTY, Oklahoma — A Gore man wrecked his pickup on a railroad track then was struck by a Union Pacific train early Monday morning. He was pronounced dead at the scene from massive injuries. Full story: NewsOn6
Editorial: High-speed rail gets back on a better track
(Source: The Sacramento Bee, April 3, 2012) SACRAMENTO, Calif. — Legislators asked for changes in California High-Speed Rail Authority plans to build a bullet train system. The authority has made them. In a revised plan, released Monday, the authority proposes to...
CSX Corporation Launches ‘Environmental Pursuit’ Facebook Contest to Celebrate Earth Month
(Source: The Sacramento Bee, April 3, 2012) JACKSONVILLE, Fla. — CSX Corporation today launched a month-long Environmental Pursuit Facebook contest for fans to test their "Green IQ" during Earth Month. This interactive contest runs through April 30 and allows Facebook...
Can passenger rail ever be profitable? Florida’s about to find out.
(Source: The Washington Post, April 3, 2012) WASHINGTON DC — One frequent criticism of passenger rail is that it rarely pays for itself. The trains typically require hefty public subsidies — Amtrak, for one, has received more than $30 billion from Congress since 1971...
Buffett Says Shortcuts on Environment Can Put Profits at Risk
(Source: San Fransisco Chronicle, April 3, 2012) SAN FRANSISCO — Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said companies won't last if they fail to consider the impact of their businesses on the environment....
CN guilty of multiple safety violations in fatal Chicago train-car crash in 2011
(Source: Chicago Tribune, March 29, 2012) CHICAGO — Members of a Canadian National Railway track crew that caused a fatal Amtrak train-car wreck in University Park two years ago by inadvertently disabling crossing gates and warning lights were violating work-hour...
EPA rules may push coal companies to boost exports
(Source: Reuters, March 28, 2012) NEW YORK — Tougher emission rules at U.S. power stations will likely force coal companies to make up for lost domestic customers by exporting more to countries in Asia where environmental regulations are less stringent, analysts said....
FRA joins Missouri Governor at groundbreaking to eliminate major rail bottleneck
(Source: Federal Railroad Administration press release, March 29, 2012) OSAGE CITY, Mo. — Deputy Federal Railroad Administrator Karen Hedlund today joined Missouri Governor Jay Nixon at a groundbreaking for a new railroad bridge that will eliminate one of the worst...
STB proposes rules to increase use of mediation and arbitration
(Source: Surface Transportation Board press release, March 29, 2012) WASHINGTON, D.C. — The Surface Transportation Board announced today that it is seeking public comment on its proposals to encourage increased use of mediation and arbitration for the resolution of...
BMWED’s Freddie Simpson takes oath of office as Teamsters International Vice President
(Source: International Brotherhood of Teamsters press release (PDF), March 28, 2012) WASHINGTON, D.C. —Teamsters rail labor leader Freddie Simpson joined Teamsters General President James P. Hoffa, General Secretary-Treasurer Ken Hall and the newly elected...
Evacuation ends in Indiana after NS derailment
(Source: Fort Wayne Journal Gazette, March 29, 2012) FORT WAYNE, Ind. ‚ Norfolk Southern has ended the evacuation of the area surrounding Tuesday’s train derailment near Ligonier, according to Michael Newton, director of the Noble County Emergency Management Agency. A...
MBTA, MassDOT recommend 23 percent fare hike and service cuts
(Source: Progressive Railroading) The Massachusetts Bay Transportation Authority (MBTA) and Massachusetts Department of Transportation (MassDOT) have recommended a final proposal calling for a 23 percent fare increase and targeted service reductions to reduce the...
KCS to announce 1Q 2012 Earnings on April 26
(Source: Kansas City Southern press release, March 29, 2012) KANSAS CITY, Mo. — Kansas City Southern will release its financial results for first quarter 2012 on Thursday April 26, 2012, before the opening of trading on the New York Stock Exchange. KCS will also hold...
Talks break off between SEPTA and transit police
(Source: Associated Press, March 30, 2012) PHILADELPHIA — Talks have broken off between SEPTA and its striking transit police force. A SEPTA spokeswoman said the two sides met for several hours Thursday, but no agreement was reached and no further talks had been...
AAR: Intermodal volume up 4.2 percent in latest weekly rail traffic report
(Source: Association of American Railroads press release, March 29, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed weekly rail traffic for the week ending March 24, 2012, with U.S. railroads originating 278,393 carloads, down...
President Obama nominates Yvonne Burke to Amtrak post
(Source: Los Angeles Times, March 29, 2012) LOS ANGELES — President Obama has nominated former U.S. Rep. Yvonne Brathwaite Burke, a trailblazing fixture in Los Angeles area politics, to the Amtrak board of directors, the White House announced Thursday. Full story: Los...
White House signals it will accept 90-day highway extension
(Source: The Hill, March 29, 2012) WASHINGTON, D.C. — The White House signaled to Senate Democrats that it was OK to accept a short-term extension of federal transportation funding passed Thursday by the House, even as it criticized Republicans for punting on a...
House, Senate pass 90-day extension of surface transportation bill
(Source: Progressive Railroading, March 29, 2012) On March 29, the House, followed by the Senate, passed a 90-day extension of current surface transportation programs, which were set to expire on March 31. The measure now is on its way to President Obama for his...
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