Rail Industry News
Millions embezzled from China high-speed rail program
(Source: AFP, March 19, 2012) BEIJING — Chinese auditors said Monday 491 million yuan ($78 million) of funds set aside to compensate residents when their homes were demolished to make way for a high-speed railway have been embezzled. Source: Google.com
Survey: Over 90% of CP Rail shareholders want change at railroad
(Source: Financial Post, March 18, 2012) OTTAWA — A new poll suggests as many as 91% of Canadian Pacific Railway Ltd.’s shareholders want change at the railroad, and nearly three-quarters of them support activist investor Bill Ackman’s push to replace its chief...
Railroad stocks mixed at close of March 16 trading
(Source: Associated Press, March 16, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading, including Kansas City Southern, which rose 1.6 percent, and Union Pacific, which fell 0.1 percent. Full story: CBS News
Metra reports improved on-time performance
(Source: Chicago Tribune, March 16, 2012) CHICAGO — Metra said that trains on its 11 lines were on-time 97.4 percent of the time during February 2012. Full story: Chicago Tribune
Metra set to receive new cars for electric district line
(Source: CBS Chicago, March 18, 2012) CHICAGO — Metra will begin taking delivery of 160 long-awaited cars for its Electric District service around Labor Day. Full story: CBS Chicago
FRA Administrator reviews work on Port of Vancouver rail link
(Source: Federal Railroad Administration press release, March 16, 2012) VANCOUVER, Wash. — Federal Railroad Administrator Joseph Szabo visited the Port of Vancouver today to review early construction work on a critical rail connection that will link the Port of...
Union Pacific sees first quarter coal volume down 7 percent
(Source: Reuters, March 13, 2012) NEW YORK — Union Pacific Corp. said its shipping volumes are up so far this year, but the railroad company expects a 7 percent drop in first-quarter coal shipments due to unusually warm winter weather. Full story: Reuters
DOT report underscores need for transportation infrastructure investment
(Source: Department of Transportation press release, March 16, 2012) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today announced that a new report on the state of America’s transportation infrastructure, 2010 Status of the Nation’s Highways, Bridges...
California high-speed rail proponents make changes to win over lawmakers
(Source: Sacramento Bee, March 18, 2012) SACRAMENTO, Calif. — Proponents of California's $98.5 billion high-speed rail project, freshly battered by critics and teetering before the Legislature, are preparing a series of eleventh-hour changes to reduce the project's...
AFL-CIO endorses Obama, puts focus on voter turnout rather than campaign cash
(Source: Associated Press, March 14, 2012) WASHINGTON, D.C. — Labor unions, saying they can’t hope to compete with the new breed of conservative fundraising groups, plan to spend less money this year on specific candidates and political party organizations and more on...
Rosario Dawson joins Amtrak to celebrate National Train Day
(Source: Amtrak press release (PDF), March 15, 2012) WASHINGTON, D.C. — Award-winning actress, writer and philanthropist Rosario Dawson will serve as spokesperson for the 5th Annual National Train Day and share her love of train travel and how it allows her to be...
Norfolk Southern rolls out first heritage locomotive: Conrail
(Source: Norfolk Southern press release, March 16, 2012) ALTOONA, Pa. — The first locomotive to be painted in Norfolk Southern’s 30th anniversary heritage paint schemes rolled out of the company’s Juniata Locomotive Shop here yesterday. Locomotive NS 8098, a GE...
Canadian Pacific reaffirms support for CEO after backing questioned
(Source: Bloomberg News, March 14, 2012) NEW YORK — Canadian Pacific Railway Ltd. (CP) reaffirmed its support for Chief Executive Officer Fred Green following a news report the board would be open to a management shakeup proposed by its biggest investor, William...
Canadian Pacific announces new agreement to move frac sand
(Source: Canadian Pacific Railway press release, March 15, 2012) MINNEAPOLIS, Minn. — Canadian Pacific Railway Limited (CP) today announced a multi-year agreement with Unimin Corporation of New Canaan, Connecticut, for the movement of frac sand from Unimin's facility...
Army cancels plan to resurrect troop trains
(Source: Military.com, March 16, 2012) The Army's plan to resurrect the idea of sending troops by rail to training areas has been derailed. On Thursday, the Army canceled a pilot project to transport thousands of soldiers from Fort Lee, Va., near Petersburg, to Fort...
Union Pacific to begin infrastructure improvements in Arizona
(Source: Union Pacific Railroad press release, March 12, 2012) ROSEVILLE, Calif. — Union Pacific Railroad is enhancing Arizona's transportation infrastructure by investing $9.2 million in the rail line that runs between Crag and downtown Phoenix. The project is in...
Union Pacific promotes executives to deal with CEO’s medical leave, top lawyer’s retirement
(Source: Associated Press, March 15, 2012) OMAHA, Neb. — Union Pacific is promoting several executives as the railroad deals with its CEO’s medical leave and the retirement of its top lawyer. Full story: Washington Post
OSHA orders Metro-North to pay $18,830 for interfering with worker’s medical treatment
(Source: Occupational Health & Safety press release, March 16, 2012) WASHINGTON, D.C. — An investigation by OSHA has determined that Metro-North Commuter Railroad Co. violated the employee protection provisions of the Federal Railroad Safety Act when it took...
Amtrak sets new schedule for New Orleans-L.A. Sunset Limited
(Source: Times-Picayune, March 15, 2012) NEW ORLEANS, La. — A new schedule will take effect May 7 for Amtrak's Sunset Limited route between New Orleans and Los Angeles. Amtrak officials hope the changes will increase ridership and revenue and reduce crew layover...
Wisconsin legislators buck Walker, reject train maintenance base
(Source: Milwaukee Journal Sentinel, March 14, 2012) MILWAUKEE, Wisc. — Over the objections of Gov. Scott Walker's administration, a key legislative committee voted Wednesday against building a new train maintenance base - a decision that officials warned could mean...
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