Rail Industry News
Amtrak train takes in scenery between New York and Chicago
(Source: Columbus Dispatch, February 5, 2012) COLUMBUS, Ohio — Amtrak’s Cardinal is not a big train — just one sleeping car, three coaches and a combination dining/lounge car that follow a meandering southerly route between New York and Chicago. But between those...
Amtrak to celebrate National Train Day on May 12
(Source: Galesburg Register-Mail, February 4, 2012) GALESBURG, Ill. — Amtrak’s 5th annual National Train Day is May 12. Many of the National Train Day celebrations take place at train stations in large cities — Chicago, New York City, Philadelphia and Los Angeles...
Commuters continue to breath diesel exhaust at Chicago’s Union Station
(Source: Chicago Tribune, February 6, 2012) CHICAGO — Thousands of commuters continue to breathe high levels of lung-damaging diesel exhaust at Chicago's Union Station, in part because of nagging maintenance problems at the Old Post Office that straddles the...
Opinion: Rail’s handling of TSA should be a model
(Source: CNN.com opinion column by Don Phillips, February 6, 2012) WASHINGTON, D.C. — The Transportation Security Administration is not just angering travelers at airports. The TSA also does buses, trucks, subways and trains. Guess what? The none-too-popular agency...
Harrison buys $5 million in CP Rail stock
(Source: Business News Network, February 6, 2012) OTTAWA — Hunter Harrison is so convinced that he will be driving a turnaround at Canadian Pacific Railway Ltd. that he invested $5 million last week in the freight carrier's shares. "Look, you think I believe in this...
Investors brace for next salvo in CP Rail battle
(Source: Reuters, February 5, 2012) VANCOUVER, B.C. — The activist investor rocking the caboose in Canada's usually composed rail sector needs to lay out a clear, compelling and credible turnaround plan for Canadian Pacific Railway if he wants to win over...
As railroad industry thrives, Pittsburgh companies profit and add jobs
(Source: Pittsburgh Post-Gazette, February 5, 2012) PITTSBURGH, Pa. — The railroad industry is picking up steam again, after losing ground decades ago to the nation's trucking industry. And Pittsburgh's expertise in the business has put the region on track to benefit...
Amtrak to celebrate National Train Day on May 12
(Source: Galesburg Register-Mail, February 4, 2012) GALESBURG, Ill. — Amtrak’s 5th annual National Train Day is May 12. Many of the National Train Day celebrations take place at train stations in large cities — Chicago, New York City, Philadelphia and Los Angeles...
Amtrak requests less federal operating support
(Source: Amtrak press release (PDF), February 3, 2012) WASHINGTON, D.C. — Amtrak is requesting $450 million in federal operating support for fiscal year 2013, a lower amount than the $466 million appropriated by Congress for FY 2012. The ability to seek reduced...
14 builders on short list for California high-speed rail
(Source: Fresno Bee, February 3, 2012) SACRAMENTO, Calif. — Fourteen construction companies are on the short list of firms poised to bid for contracts to begin building California's high-speed rail system in the Fresno area later this year. The list was revealed by...
Rejected Florida high-speed rail would have generated $31 million
(Source: Tampa Tribune, February 6, 2012) TAMPA, Fla. — The high-speed rail project that Gov. Rick Scott doomed last February by turning down more than $2 billion in federal money would have made an annual surplus of $31 million to $45 million within a decade of...
Opinion: A rational approach to rail
(Source: The Capitol Journal, February 5, 2012) SACRAMENTO, Calif. — California's proposed bullet train is being recalibrated. And designers may finally be on the right track. Sensitive to growing public and political opposition, high-speed rail officials seem to be...
California high-speed rail’s coming battle: Powerful land owners
(Source: Orange County Register, February 5, 2012) SANTA ANA, Calif. — The proposed California High-Speed Rail would require a lot of land, meaning thousands of California families and businesses will have to move if the project is ever built. Full story: Orange...
Thousands seek jobs at Indiana locomotive factory
(Source: Associated Press, February 5, 2012) MUNCIE, Ind.— The turnout of an estimated 3,000 people prompted a company opening a locomotive factory in Muncie to end its job fair early. Several of those would-be employees tell The Star Press (http://tspne.ws/zDZfnv )...
Caterpillar gives Canadians harsh lesson in union-busting by shutting locomotive plant
(Source: Toronto Star, February 4, 2012) TORONTO — The bitter labour dispute at a London locomotive company has come to a sadly predictable end. The company’s owner, U.S. giant Caterpillar, closed the plant on Friday, throwing its 465 employees permanently out of...
GOP faces tough test on $260 billion transportation bill
(Source: The Hill, February 5, 2012) WASHINGTON, D.C. — Speaker John Boehner (R-Ohio) faces a difficult task in winning House approval of a $260 billion transportation bill that has come under attack from the right and the left. The transportation measure is being...
House Transportation and Infrastructure Committee passes bill without truck weight, size increases
(Source: Progressive Railroading, February 3, 2012) Early on February 3, the House Transportation and Infrastructure Committee passed the “American Energy and Infrastructure Jobs Act,” a $260 billion bill that proposes to fund transportation programs over five years....
RailAmerica acquires two more short line railroads
(Source: Journal of Commerce, February 2, 2012) WASHINGTON, D.C. — According to the Journal of Commerce, short line operator RailAmerica acquired a Michigan short line railroad, a Northeast short line railroad and a transload operator for $58 million. Full story:...
Canadian Pacific expands its oil by rail operation to Lloydminster, Sask.
(Source: Canadian Pacific Railway press release, February 2, 2012) CALGARY, Alberta — Canadian Pacific today announced that, by leveraging its North Main Line infrastructure, the company is now shipping crude oil by rail from a new transload facility near...
CP Rail upgraded as more gains expected
(Source: Financial Post, February 3, 2012) OTTAWA — Canadian Pacific Railway Ltd. was upgraded to overweight from neutral at JPMorgan as analyst Thomas Wadewitz sees even more upside in the stock. CP shares have performed well in recent months as investors gain...
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