Rail Industry News
Deadline nears on House GOP transportation funding plan
(Source: Journal of Commerce, March 28, 2012) WASHINGTON, D.C. — According to the Journal of Commerce, House Republicans have two days to approve an extension to national transportation funding before hundreds of thousands of construction-related jobs are threatened....
BNSF must pay $21 million for grade crossing fatalities, Minnesota Supreme Court says
(Source: Pioneer Press, March 29, 2012) ST. PAUL, Minn. — The Minnesota Supreme Court has restored a $21.6 million verdict awarded to the families of four young people killed when their vehicle collided with a train in Anoka nearly nine years ago. The high court...
Acting Union Pacific CEO earned less than one-third of what his boss earned in 2011
(Source: Associated Press, March 26, 2012) OMAHA, Neb. — Union Pacific Corp.’s acting CEO earned less than one-third of the $13.3 million the railroad’s top executive received last year. Full story: Washington Post
Union Pacific yard in Roseville plays key role in national transportation of goods
(Source: Roseville Press-Tribune, March 27, 2012) ROSEVILLE, Calif. — Roseville is a diverse community of about 121,000 people, and the railroad is still an important part of the city’s past, present and future. The J.R. Davis Yard is six miles long, comprised of 950...
Idled BNSF rail cars in north central Montana are back in demand
(Source: Great Falls Tribune, March 27, 2012) GREAT FALLS, Mont. — Increased demand has BNSF Railway Co. moving cars that are stored near Big Sandy and between Great Falls and Cascade. Full story: Great Falls Tribune
BNSF’s Carl Ice says railroad is on the rise
(Source: Galesburg Register-Mail, March 28, 2012) GALESBURG, Ill. — Carl Ice, BNSF Railway's president and chief operating officer, said business last year was up 4-5 percent on the system. He said at the high point in 2006, the railroad shipped about 220,000 units...
Canadian National selling two rail segments to Metrolinx for $310.5 million
(Source: Canadian Press, March 27, 2012) TORONTO — The Ontario government's Metrolinx is paying $310.5 million to buy two segments of railway line in the Toronto area from Canadian National Railway. The rails are principally used to carry GO Transit passenger trains,...
CP Rail CEO Green says operating performance sets records in 2012
(Source: Reuters, March 27, 2012) TORONTO — Canadian Pacific Railway Ltd, battling a fierce challenge from its largest shareholder, is setting performance records this year, Chief Executive Fred Green said on Tuesday in an unusually blunt response to his critics. Full...
Kansas City Southern on brink of investment-grade status
(Source: Reuters, March 27, 2012) NEW YORK — A credit rating upgrade on Tuesday for U.S. railroad Kansas City Southern puts it one step away from its long-sought investment-grade status held by its larger rivals. Full story: Reuters
SEPTA police strike is about more than the money
(Source: Philadelphia Inquirer, March 28, 2012) PHILADELPHIA — The week-old strike by SEPTA's police force is costing both sides more money than they can expect to gain if they win at the negotiating table. But the fight is not just about 35 cents an hour in pay. It...
All aboard billionaire’s golden-era private rail car
(Source: Forbes, March 26, 2012) CHICAGO — Private jets are all well and good, but as I step aboard the private railcar at Union Station in downtown Chicago for an overnight run to Denver, I think, Now, this conveys. A private railcar says you’re earthbound and...
Amtrak’s City of New Orleans now accepts electronic reservations and tickets
(Source: Times-Picayune, March 26, 2012) NEW ORLEANS — Passengers on Amtrak's City of New Orleans train can now make reservations and receive electronic tickets online. The new program gives passengers more flexibility in making or changing reservations and eliminates...
Trenton firefighters respond to fire in NJ Transit locomotive cab
(Source: Times of Trenton, March 25, 2012) TRENTON, N.J. — A fire in the engine compartment of a NJ Transit River Line train prompted an all-hands response from city firefighters late Saturday night. Full story: www.nj.com
CP Rail boss Fred Green defends his turf against activist investors
(Source: Globe and Mail, March 27, 2012) TORONTO — Canadian Pacific Railway Ltd.’s embattled chief executive officer has come out swinging against an American investor’s proposal to oust him, arguing that it is based on a flawed analysis of the company. Fred Green...
OSHA cites N.Y. tunnel project contract after runaway rail car injures 2 workers
(Source: U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) press release, March 27, 2012) NEW YORK — The U.S. Department of Labor's Occupational Safety and Health Administration has cited Dragados USA-Judlau JV, general contractor for the...
U.S. Labor Department commemorates anniversary of Triangle Shirtwaist Factory fire
(Source: U.S. Department of Labor press release, March 23, 2012) WASHINGTON, D.C. — In commemoration of the 101st anniversary of the deadly fire at the Triangle Shirtwaist Factory in New York City, the U.S. Department of Labor is encouraging the public to visit a...
TCRC: Selling century-old Ontario Northland Railway a bad move
(Source: Teamsters Canada Rail Conference press release, March 26, 2012) OTTAWA — Queen's Park has alternatives to selling off the 106-year-old Ontario Northland Railway and killing jobs and negatively impacting thousands of lives in Northern Ontario, says the head of...
Study: High-speed rail would boost Minnesota economy $1 billion per year
(Source: Post Bulletin, March 26, 2012) ROCHESTER, Minn. — Nearly $1 billion per year in increased economic activity would result from a proposed Rochester-to-Twin Cities high-speed Zip Rail line, concludes an analysis produced for Rochester Area Economic Development...
The GOP’s assault on labor rights: Not one job created by anti-union legislation
(Source: The Hill, March 23, 2012) WASHINGTON, D.C. — The past 15 months have seen a remarkable assault by the GOP on federal labor rights. However, the sheer number of anti-union bills supported by GOP-controlled legislatures demonstrates the breadth and depth of the...
CN to hold annual meeting of shareholders in Halifax, N.S., on April 24, 2012
(Source: CN press release, March 23, 2012) MONTREAL, March 23, 2012 — CN will hold its 2012 annual meeting of shareholders in Halifax, N.S., on April 24, 2012. The meeting will be held in the Grand Ballroom (Room 200C) of the World Trade and Convention Centre, 1800...
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