Rail Industry News
How to stop Philadelphia’s growing number of railroad fatalities?
(Source: Philadelphia Inquirer, February 3, 2012) PHILADELPHIA — For locomotive engineers, people on the tracks are a terrifying occupational hazard. Operating a train that kills a person leaves some engineers unable to return to work and others haunted by their...
AAR: Railroads report gains for January 2012 rail traffic
(Source: Association of American Railroads press release, February 2, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) reported that total U.S. rail carloads originated in January 2012 totaled 1,144,800, an average of 286,200 per week and up 0.1...
BMWED and NCCC Reach national freight agreement
(Source: Brotherhood of Maintenance of Way Employes Division press release (PDF), February 2, 2012) SOUTHFIELD, Mich. — Today, the Brotherhood of Maintenance of Way Employes Division-IBT and the National Carriers’ Conference Committee reached a tentative agreement...
House panel votes to delay expansion of 97,000-pound trucks
(Source: Bloomberg News, February 3, 2012) WASHINGTON, D.C. — A House panel voted to stop a measure written by its own chairman to allow 97,000-pound trucks on U.S. interstate highways and expand use of double- and triple- trailers in states that now allow them. The...
GOP lawmaker files amendment to block highway bill money from going to Calif. high-speed rail
(Source: The Hill, February 2, 2012) WASHINGTON, D.C. — A California Republican lawmaker is planning to introduce an amendment to the $260 billion surface transportation bill being considered by the House Transportation and Infrastructure Committee Thursday to block...
Editorial: In the House, a transportation train wreck
(Source: Los Angeles Times, February 3, 2012) LOS ANGELES — On Tuesday, the House Republican leadership unveiled its version of a five-year transportation funding bill. It isn't just that this bill is so thoroughly partisan that it has no chance of being approved by...
KCS EVP Ottensmeyer performs payment of tax liability with 108 shares of KCS stock
(Source: MMDnewswire.com, February 1, 2012) KANSAS CITY, Mo. — Patrick Ottensmeyer performed a payment of a tax liability by selling 108 shares of Kansas City Southern (KSU) stock as noted in an SEC Filing today. Patrick Ottensmeyer's title was listed as "EVP - Sales...
RailAmerica to acquire Wellsboro and Corning Railroad
(Source: RailAmerica press release, February 1, 2012) JACKSONVILLE, Fla. — RailAmerica announced that it has signed an agreement to acquire a seventy-percent interest in the Wellsboro and Corning Railroad ("WCOR") and Industrial Waste Group ("IWG") from Myles Group...
Buffett: Pipeline allegations off-track
(Source: Omaha World-Herald, February 1, 2012) LINCOLN, Neb. — Warren Buffett is rejecting claims that he railroaded the rejection of the Keystone XL pipeline in order to benefit his BNSF Railway. Full story: Omaha World-Herald
BNSF plans $3.9 billion capital commitment
(Source: Fort Worth Star-Telegram, February 1, 2012) FORT WORTH, Texas — BNSF Railway Co. said Wednesday that it plans a 2012 capital commitment of about $3.9 billion, $400 million over what it spent in 2011. About $2.1 billion will go to BNSF's core network and...
Teamsters fight against reckless push to allow heavier, bigger trucks
(Source: International Brotherhood of Teamsters press release, February 2, 2012) WASHINGTON, D.C. — Teamsters General President Jim Hoffa joined Sen. Frank Lautenberg, D-N.J., Rep. James McGovern, D-Mass., highway safety advocates and family members of truck crash...
Labor doesn’t love House transportation bill
(Source: Politico.com, February 2, 2012) WASHINGTON, D.C. — The House Transportation and Infrastructure Committee takes up its part of a five-year, $260 billion highway/transit/rail bill today. Lots of interest groups are coming out against certain provisions in the...
House GOP’s bill tweaks union unions to detriment of labor
(Source: USA Today, February 2, 2012) WASHINGTON, D.C. — The Federal Aviation Administration would get a four-year authorization after years of temporary extensions, under a compromise that congressional negotiators announced Tuesday. The bill sets a new requirement...
Hoffa: Indiana law on right to work for less is attack on working families
(Source: International Brotherhood of Teamsters press release, February 1, 2012) WASHINGTON, D.C. — Teamsters General President Jim Hoffa today denounced Indiana Gov. Mitch Daniels’ signing of so-called “right-to-work” legislation into law as an attack on the millions...
Indiana governor signs ‘right-to-work’ bill, but foes vow to continue fight
(Source: Indianapolis Star, February 2, 2012) INDIANAPOLIS — Before the ink dried on Gov. Mitch Daniels' signature making Indiana the 23rd "right to work" state in the nation, advocates on both sides were looking ahead to how the new law will affect Hoosiers....
Wisconsin & Southern working on transload site
(Source: Janesville Gazette, February 1, 2012) JANESVILLE, Wisc. — Thousands of tons of plastic pellets and animal feed will begin flowing to local companies on the Wisconsin & Southern Railroad in the coming year, the railroad told The Gazette. Full story: Janesville...
Opinion: Should California bite the bullet on high-speed rail?
(Source: Los Angeles Times opinion column, February 1, 2012) LOS ANGELES — If and when California's high-speed train is built, how fast would it have to go, and how much cheaper would a ticket have to cost, for you to give up flying? Full story: Los Angeles Times
CP road show aims to secure investors’ backing
(Source: Globe and Mail, January 31, 2012) TORONTO — In dueling bandwagon campaigns, Canadian Pacific Railway Ltd.’s directors and executives will embark on a road show this week, just days before activist investor Bill Ackman arrives in Toronto to promote his pick...
Railroads to invest $13 billion this year, hire 15,000 workers
(Source: Los Angeles Times, January 31, 2012) LOS ANGELES — In a positive sign for the U.S. economy, the nation's major railroads will invest a record $13 billion in various infrastructure upgrades this year, according to a rail industry group. Full story: Los Angeles...
Union Pacific says 2011 most profitable year ever, thanks in part to Powder River Basin coal
(Source: Associated Press, January 31, 2012) GILLETTE, Wyo. — Union Pacific says it was more profitable in 2011 than ever before due in part to coal shipments from Wyoming's Powder River Basin. Full story: Chicago Tribune
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