Rail Industry News
VIA Rail train crash update expected today
(Source: CBC News, March 1, 2012) OTTAWA, Ontario — The Transportation Safety Board will hold a news conference on Thursday morning to give an update on the investigation into the fatal Via Rail train derailment in Burlington, Ont., last weekend. The train's event...
Critic says Transport Canada needs to step up railway safety oversight
(Source: CTV Winnipeg, February 29, 2012) WINNIPEG — Perturbed by a deadly derailment in southwestern Ontario, a longtime railway safety critic is calling on Canada’s federal government to step up its on-the-track oversight. Full story: CTV Winnipeg
Texas Rep. vows to bring high-speed rail to state
(Source: Houston Chronicle, February 29, 2012) HOUSTON — Texas Rep. Sheila Jackson Lee pledged Wednesday to make her state’s decades-old dream to build a high-speed rail system come true, despite fiscal constraints and partisan gridlock in the nation’s capital. Full...
NJ Transit conductor arrested in alleged fare scam
(Source: Star-Ledger, March 1, 2012) FREEHOLD, N.J. — For more than a year a NJ Transit train conductor pretended to check the tickets for a select group of passengers on the North Jersey Coast Line. Instead of buying tickets, authorities said, these passengers gave...
Supreme Court says railroad law preempts claims on asbestos exposure in repair work
(Source: Bloomberg BNA, February 29, 2012) WASHINGTON, D.C. — A federal law dating from the heyday of steam trains governs locomotive equipment and preempts state-law claims based on a worker's exposure to asbestos-containing brakes and insulation at railroad...
Obama Administration eases construction deadline for California high-speed rail
(Source: San Jose Mercury News, March 1, 2012) SAN JOSE, Calif. — With a long-standing federal deadline breathing down its neck, California's polarizing $100 billion bullet train suddenly got a much-needed reprieve Wednesday when the Obama administration eased the...
Obama’s high-speed rail plans hit traffic in Congress
(Source: McClatchy News Service, March 1, 2012) WASHINGTON, D.C. — Congress and the Obama administration are headed for another head-on collision over high-speed rail. Full story: Joplin Globe
New Georgia bill an obvious attack on working people; Includes $10,000 fine for picketing
(Source: Alternet.org, February 28, 2012) The growing trend of legislators in Southern states that already have low union density and so-called "right-to-work" laws on the books proposing harsher anti-union laws has now spread to Georgia. In a move that could impact...
America’s last hope: A strong labor movement
(Source: Salon.com, February 19, 2012) The fate of the labor movement is the fate of American democracy. Without a strong countervailing force like organized labor, corporations and wealthy elites advancing their own interests are able to exert undue influence over...
For three VIA Rail engineers, railroading was their life, their death
(Source: Globe and Mail, February 27, 2012) TORONTO — Remembering the three locomotive engineers killed in the VIA Rail accident on Sunday, February 26. All were devoted rail workers and family men. Full story: Globe and Mail
Report: Cash-strapped Indian Railways reaching out to Warren Buffett
(Source: Telegraph India, February 29, 2012) CALCUTTA, India — Warren Buffett, famed American value investor and the planet’s third-richest man, is in talks with the Indian Railways for possible investment in the world’s largest railroad network. Full story: Telegraph...
CSX reaches deal to build second track on Ocala
(Source: Ocala Star-Banner, February 28, 2012) OCALA, Fla. — The city of Ocala has agreed to give CSX Transportation Inc. land to build a second track in Ocala in exchange for safer crossings and the ability to apply for a “quiet zone” where the train horns will not...
70 cities nationwide to participate in ALEC National Day of Action
(Source: Paramus Post, February 29, 2012) On February 29th, concerned citizens, students, and occupiers in over seventy cities across the nation, including Occupy Wall Street (NYC), are standing up to the corporations and legislators involved in American Legislative...
VIA derailment: Modern train control system could reduce accidents
TORONTO — As rail investigators continue to sift through clues to the cause of Sunday’s fatal Via train wreck, one rail expert says it’s time Canada considered installing a computerized train control system being used in other countries, including the U.S. Positive...
Class-action lawsuit filed after deadly VIA Rail derailment
(Source: Montreal Gazette, February 29, 2012) MONTREAL — Two law offices representing the passengers who were on board the Via Rail train that derailed in Burlington, Ont., last weekend have filed a class-action lawsuit against Via Rail and CN. Full story: Montreal...
Editorial: House GOP’s wayward transit bill ‘the worst in 35 years’
(Source: Miami Herald editorial, February 29, 2012) MIAMI — It takes some doing to unite Republicans and Democrats in the U.S. House on any topic, but Speaker John Boehner managed to do just that with a proposal that would radically overhaul federal support for...
KCS announces completion of $275 million term loan
(Source: Kansas City Southern press release, February 27, 2012) KANSAS CITY, Mo. — Kansas City Southern announced today that its wholly-owned subsidiary, The Kansas City Southern Railway Company, has entered into a $275 million Term Loan A-2 (“TLA-2”) maturing January...
Canadian Pacific Railway declares dividend
(Source: Canadian Pacific Railway press release, February 27, 2012) CALGARY, Alberta — The Board of Directors of Canadian Pacific Railway Limited today declared a quarterly dividend of thirty cents ($0.30) Canadian per share on the outstanding Common Shares. The...
CP Rail still has some tricks in Pershing fight
(Source: Financial Post, February 27, 2012) OTTAWA, Ontario — Canadian Pacific Railway Ltd. still has some tricks up its sleeve, and investors are being encouraged to wait until they appear before casting a vote in the railway’s proxy battle with activist investor,...
Union Pacific plans Missouri infrastructure improvements
(Source: Union Pacific press release, February 27, 2012) OMAHA, Neb. — Union Pacific Railroad is enhancing Missouri's transportation infrastructure by investing $38.2 million in the rail line that runs between Labadie and Jefferson City. The project is in progress and...
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