Rail Industry News
AAR: Railroads report 16.8 percent increase in weekly intermodal traffic over 2011
(Source: Association of American Railroads press release, February 9, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported an increase in weekly rail traffic for the week ending February 4, 2012, with U.S. railroads originating 284,546...
Obama administration reaffirms support for California high-speed rail
(Source: Los Angeles Times, February 9, 2012) LOS ANGELES — Despite a series of a cautionary reports by outside agencies and groups, the Obama administration is reaffirming its commitment to California's $98.5-billion bullet train project. Full story: Los Angeles...
Midwest high-speed rail plans moving faster than Illinois officials expected
(Source: State Journal-Register, February 10, 2012) SPRINGFIELD, Ill. — Federal transportation regulators are moving faster than local officials anticipated toward selecting the best route for rail traffic through Springfield. Full story: State Journal-Register
Bigger truck duel on hold to get U.S. highway bill through House
(Source: Bloomberg News, February 9, 2012) WASHINGTON, D.C. — The U.S. railroad and trucking industries called a truce, at least for now, in their lobbying battle over increasing the size and weight of trucks allowed on interstate highways. Full story: Bloomberg...
Senate votes to advance transportation bill
(Source: Progressive Railroading, February 10, 2012) Yesterday, the U.S. Senate voted to advance its two-year, $109 billion surface transportation bill, known as the Moving Ahead for Progress in the 21st Century (MAP-21). The final vote was 85 to 11. Full story:...
RRB updates its customer service plan
(Source: U.S. Railroad Retirement Board press release, January 11, 2011) CHICAGO — The U.S. Railroad Retirement Board's Customer Service Plan promotes the principles and objectives of customer-driven quality service agency-wide. The RRB's plan lays out the standards...
Police looking for victim after severed arm found in BNSF rail yard
(Source: Springfield News-Leader, February 9, 2012) SPRINGFIELD, Mo. — The circumstances around a severed arm found Monday at the BNSF rail yards remain a mystery as police continue to search for who lost the limb, which was apparently amputated by a train. Full...
CP Rail defends DM&E deal, which Ackman sees as “blunder”
(Source: Bloomberg News, February 9, 2012) NEW YORK — Canadian Pacific Railway Ltd. defended its 2008 purchase of U.S. rail line Dakota, Minnesota & Eastern (DM&E) after its biggest shareholder, William Ackman, called the $1.48 billion acquisition a “blunder.” Full...
CN’s newest intermodal terminal opens in Chippewa Falls, Wisc.
(Source: CN press release, February 3, 2012) CHIPPEWA FALLS, Wisc. — CN today marked the opening of its newest intermodal terminal at Chippewa Falls in a ribbon-cutting ceremony here. The terminal, located only 100 miles east of Minneapolis/St. Paul, offers Wisconsin...
Genesee & Wyoming reports results for the fourth quarter of 2011
(Source: Genesee & Wyoming press release, February 8, 2012) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) reported net income in the fourth quarter of 2011 of $33.3 million, compared with net income of $19.9 million in the fourth quarter of 2010. GWI's diluted...
CSX Corporation declares quarterly dividend
(Source: CSX press release, February 8, 2012) JACKSONVILLE, Fla. — Earlier today, the Board of Directors of CSX Corporation approved a $0.12 per share quarterly cash dividend on the company's common stock. The dividend is payable on March 15, 2012, to shareholders of...
UP’s PRB coal train loadings lagged a bit in January
(Source: Progressive Railroading, February 8, 2012) Last month, Union Pacific Railroad loaded 1,022 coal trains in the Southern Powder River Basin compared with 1,056 trains in January 2011. Full story: Progressive Railroading
Opinion: California high-speed rail… or fail?
(Source: Los Angeles Times opinion column, February 9, 2012) LOS ANGELES — When you can't figure out how to pay for schools and colleges, road improvements, support for the elderly and disabled — not to mention a hundred other things — should you begin building a...
Amtrak, MDOT officials say they are confident trains traveling 110 mph are safe
(Source: Kalamazoo Gazette, February 9, 2012) KALAMAZOO, Mich. — A day after the announcement that Amtrak trains will increase speeds to 110 mph between Kalamazoo and Porter, Ind., transportation officials said they are comfortable that the rail line can safely handle...
Amtrak showcases the great migration exhibit in honor of Black History Month
(Source: Amtrak press release (PDF), February 6, 2012) WASHINGTON, D.C. — In celebration of Black History Month, Amtrak is featuring the Great Migration of African Americans exhibit on their MyBlackJourney.com microsite. The Great Migration exhibit chronicles the...
NJ Transit to test railroad crossing sign that warns pedestrians when second train coming
(Source: Associated Press, February 9, 2012) GARFIELD, N.J. — NJ Transit will install a new warning sign designed to keep pedestrians safe. The sign alerts people when a second train is coming after crossing gates are down because another train has already stopped at...
FRA kicks off Chicago to Omaha passenger rail study
(Source: Register-Mail, February 9, 2012) GALESBURG, Ill. — The Federal Railroad Administration, in cooperation with the Iowa Department of Transportation, is kicking off the Chicago to Omaha Regional Passenger Rail System Planning Study. One of five routes under...
Teamsters: Buy ‘made in the U.S.A.’ cards
(Source: Teamster Magazine, February 9, 2012) WASHINGTON, D.C. — Conscientious consumers need to be cautious when purchasing greeting cards. Many are not made in America. George Tedeschi, President of the Graphic Communications Conference of the Teamsters, recommends...
Canadian Pacific comments on Pershing Square Town Hall meeting
(Source: Canadian Pacific Railway press release, February 6, 2012) CALGARY, Alberta — Canadian Pacific today issued the following statement in response to Pershing Square Capital Management, L.P.'s town hall meeting for Canadian Pacific shareholders: "Pershing Square...
Analysis: Ackman scores early in Canadian Pacific fight
(Source: Reuters Canada, February 8, 2012) TORONTO — William Ackman has momentum working in his favor in his battle to shift the balance of power on Canadian Pacific Railway's board and install his hand-picked candidate as chief executive of North America's...
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