Rail Industry News
Canadian Pacific nominates activist investor Ackman to board
(Source: Calgary Herald, March 23, 2012) CALGARY, Alberta — Canadian Pacific Railway Ltd nominated activist investor William Ackman for election to its board of directors on Thursday, the latest twist in a drawn-out proxy battle with his Pershing Square Capital...
CN to acquire 161 locomotives to handle expected traffic increases, improve operational efficiency
(Source: CN press release, March 22, 2012) MONTREAL — CN announced today a major locomotive acquisition program to accommodate anticipated traffic growth and to improve operational efficiency, enabling the railway to better serve its customers. CN will acquire 65 new...
Head of Amtrak’s Board of Directors touts high-speed rail in Michigan speech
(Source: Kalamazoo Gazette, March 23, 2012) GRAND RAPIDS, Mich. — Tom Carper, the head of Amtrak’s Board of Directors, touted strides toward high-speed passenger rail in Michigan and work to enhance Michigan-to-Chicago rail services during a Thursday speech to transit...
AAR: Railroads report weekly intermodal traffic up 2 percent
(Source: Association of American Railroads press release, March 22, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed weekly rail traffic for the week ending March 17, 2012, with U.S. railroads originating 278,420 carloads, down...
Hoffa-Hall slate sworn in for new term
(Source: International Brotherhood of Teamsters press release, March 22, 2012) WASHINGTON, D.C. — Teamsters General President James P. Hoffa, General Secretary-Treasurer Ken Hall and the newly elected International Vice Presidents and Trustees were sworn in today to a...
BNSF rates unfair, shippers tell STB
(Source: Journal of Commerce, March 23, 2012) WASHINGTON, D.C. — According to the Journal of Commerce, shippers on got their shot March 22 to tell the Surface Transportation Board that it’s unfair for them to pay higher rates to BNSF Railway because of the $8.1...
Metro-North worker awarded $1 million in retaliation lawsuit
(Source: New Haven Register, March 23, 2012) NEW HAVEN, Conn. — In a historic move, a federal jury awarded a Metro-North Railroad worker about $1 million in punitive damages following a lawsuit that accused the railroad of retaliation after the worker reported an...
Michigan governor signs dues collection bill; teachers union leaders call move ‘blatant political retribution’
(Source: www.mlive.com, March 16, 2012) LANSING, Mich. — School districts are no longer allowed to deduct union dues and fees from employee paychecks, a move teachers union leaders call “blatant political retribution.” Full story: www.mlive.com
Transportation funding bill becomes major headache for House Republicans
(Source: Huffington Post, March 23, 2012) WASHINGTON, D.C. — A transportation spending bill that Republican leaders were promoting as the centerpiece of their job-creation agenda has instead turned into one of their biggest headaches. The House and Senate are heading...
Famed Union Pacific steam train to stop in Grand Island
(Source: Grand Island Independent, March 21, 2012) GRAND ISLAND, Neb. — The 150th anniversary of the Union Pacific Railroad this year coincides with the 150th anniversaries of several major Civil War battles, and Central Nebraska this Friday will see a U.P. steam...
Mudslide halts Amtrak train in S. Oregon
(Source: Associated Press, March 21, 2012) CHEMULT, Ore. — An Amtrak spokeswoman says a train bound from Los Angeles to Seattle hit a tree lying across the tracks in southern Oregon's stormy Cascade Mountains, triggering a mudslide that derailed the baggage car and...
CSX storage tank leaks harmful Creosote near Baltimore
(Source: ABC 2 News, Baltimore, March 21, 2012) WHITE MARSH, Md. — A 10,000 gallon storage tank owned by CSX leaded 200 gallons of Creosote near Baltimore on March 21. Full story: www.abc2news.com
$5 billion rail line to boost Quebec resources
(Source: Financial Post, March 22, 2012) MONTREAL — It rated just a six-paragraph mention among hundreds of pages of Quebec government budget documents. But it will be one of Canada's largest infrastructure projects when it gets off the ground — a multibillion-dollar...
Railroad stocks up at close of March 21 trading
(Source: Associated Press, March 21, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on March 21, including CN, which rose 1.8 percent, and CP Rail, which rose 2.0 percent. Full story: CBS News
In annual report, Norfolk Southern says railroad running well after best-ever year in 2011
(Source: Norfolk Southern press release, March 21, 2012) NORFOLK, Va. — After setting performance records in 2011, Norfolk Southern Corporation looks ahead to its 30th anniversary in 2012 and beyond “with confidence, optimism, and a great deal of enthusiasm,” CEO Wick...
SEPTA police officers union goes on strike
(Source: Philadelphia Inquirer, March 22, 2012) PHILADELPHIA — SEPTA'S 219 unionized transit cops went on strike at 2 p.m. Wednesday, just 20 minutes after their final offer was rejected at a bargaining session. Full story: Philadelphia Inquirer
High-speed rail, Bay Area plan to split $1.5 billion cost to supercharge rail line
(Source: San Jose Mercury News, March 21, 2012) SAN JOSE, Calif. — Hoping to bring the bonanza of California high-speed rail funds to the Bay Area much quicker, local and state leaders on Wednesday unveiled a strategy to split the $1.5 billion cost to electrify the...
Two crew members hurt as UP train hits fallen tree in Texas
(Source: Chandler & Brownsboro Statesman, March 22, 2012) CHANDLER, Texas — Two Union Pacific train crew members suffered non-life threatening injuries when their train collided squarely with a tree that had fallen across railroad tracks near Brownsboro, Texas, on...
Senate Democrats blast House GOP for ‘playing games,’ endangering jobs
(Source: Journal of Commerce, March 21, 2012) WASHINGTON, D.C. — According to the Journal of Commerce, Democratic Senate leaders, along with Department of Transportation Secretary Ray LaHood, accused House Republicans of "playing games" and urged them to adopt the...
NJ Transit paid $4.1 million for unused sick and vacation time in 2011
(Source: Asbury Park Press, March 21, 2012) NEWARK, N.J. — New Jersey Transit paid more than $4 million for unused sick and vacation time for nonunion workers last year. Full story: Asbury Park Press
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