Rail Industry News
STB to rule on Union Pacific TIH hazmat requirements
(Source: Rail Resource, December 14, 2011) WASHINGTON, D.C. — The Surface Transportation Board has begun a proceeding to determine the reasonableness of tariff provisions that require shippers to indemnify Union Pacific Railroad (UP) against future liabilities, other...
STB to rule on Union Pacific TIH hazmat requirements
(Source: Rail Resource, December 14, 2011) WASHINGTON, D.C. — The Surface Transportation Board has begun a proceeding to determine the reasonableness of tariff provisions that require shippers to indemnify Union Pacific Railroad (UP) against future liabilities, other...
Hoffa denounces House GOP for vote on unemployment insurance
(Source: International Brotherhood of Teamsters press release, December 13, 2011) WASHINGTON, D.C. — Teamsters General President Jim Hoffa criticized Tuesday’s vote by House Republicans to cut unemployment benefits and restrict them to high school graduates. “It’s bad...
Hoffa denounces House GOP for vote on unemployment insurance
(Source: International Brotherhood of Teamsters press release, December 13, 2011) WASHINGTON, D.C. — Teamsters General President Jim Hoffa criticized Tuesday’s vote by House Republicans to cut unemployment benefits and restrict them to high school graduates. “It’s bad...
Organizing victory: Illinois Megabus drivers join Teamsters Local 777
(Source: International Brotherhood of Teamsters press release, December 14, 2011) WASHINGTON, D.C. — Megabus drivers in Illinois recently joined Teamsters Local 777 through card- check recognition. More than 85 percent of the 136 drivers signed cards to join the...
Organizing victory: Illinois Megabus drivers join Teamsters Local 777
(Source: International Brotherhood of Teamsters press release, December 14, 2011) WASHINGTON, D.C. — Megabus drivers in Illinois recently joined Teamsters Local 777 through card- check recognition. More than 85 percent of the 136 drivers signed cards to join the...
California High-Speed Rail Authority approves hybrid route from Merced to Fresno
(Source: Merced Sun-Star, December 13, 2011) MERCED, Calif. — According to the Merced Sun-Star, the California High-Speed Authority approved a hybrid route for the Merced-to-Fresno route, which is a blend of the Union Pacific Railroad and BNSF tracks. The hybrid route...
California High-Speed Rail Authority approves hybrid route from Merced to Fresno
(Source: Merced Sun-Star, December 13, 2011) MERCED, Calif. — According to the Merced Sun-Star, the California High-Speed Authority approved a hybrid route for the Merced-to-Fresno route, which is a blend of the Union Pacific Railroad and BNSF tracks. The hybrid route...
CN Rail downgraded on anticipated market shift
(Source: Financial Post, December 13, 2011) OTTAWA — RBC Capital Markets changed its rating on a handful of railroad stocks, including a downgrade of Canadian National Railway Co. in anticipation of the market shifting its focus to certain names going into 2012....
CN Rail downgraded on anticipated market shift
(Source: Financial Post, December 13, 2011) OTTAWA — RBC Capital Markets changed its rating on a handful of railroad stocks, including a downgrade of Canadian National Railway Co. in anticipation of the market shifting its focus to certain names going into 2012....
Canadian Pacific Railway Limited declares dividend
(Source: Canadian Pacific Railway press release, December 13, 2011) 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...
Canadian Pacific Railway Limited declares dividend
(Source: Canadian Pacific Railway press release, December 13, 2011) 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...
$10 million grant for Shelby train facility could leverage hundreds of jobs
(Source: Great Falls Tribune, December 13, 2011) GREAT FALLS, Mont. — The Northern Express Transport Authority in Shelby has secured an almost $10 million grant from the U.S. Department of Transportation to complete an intermodal facility that will allow shipping...
$10 million grant for Shelby train facility could leverage hundreds of jobs
(Source: Great Falls Tribune, December 13, 2011) GREAT FALLS, Mont. — The Northern Express Transport Authority in Shelby has secured an almost $10 million grant from the U.S. Department of Transportation to complete an intermodal facility that will allow shipping...
Jaxport gets $10 million for intermodal rail facility
(Source: Journal of Commerce, December 12, 2011) WASHINGTON, D.C. — The Jacksonville Port Authority received $10 million of the $25 million in federal funding it requested to build an intermodal rail terminal. The Journal of Commerce reports that CSX Transportation...
Jaxport gets $10 million for intermodal rail facility
(Source: Journal of Commerce, December 12, 2011) WASHINGTON, D.C. — The Jacksonville Port Authority received $10 million of the $25 million in federal funding it requested to build an intermodal rail terminal. The Journal of Commerce reports that CSX Transportation...
Technology and operations enhancements a win for CP Rail’s Canadian grain franchise
(Source: Canadian Pacific Railway press release, December 12, 2011) CALGARY, Alberta — Canadian Pacific has improved service for its Canadian grain customers this crop year by reducing scheduling variability and increasing access to rail car supply. Crop year-to-date,...
Technology and operations enhancements a win for CP Rail’s Canadian grain franchise
(Source: Canadian Pacific Railway press release, December 12, 2011) CALGARY, Alberta — Canadian Pacific has improved service for its Canadian grain customers this crop year by reducing scheduling variability and increasing access to rail car supply. Crop year-to-date,...
DOT awards $177 million to Illinois for Chicago to Quad Cities passenger rail project
(Source: U.S.Department of Transportation press release, December 12, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today announced more than $177 million for the Illinois Department of Transportation (IDOT) for a passenger rail project that will...
DOT awards $177 million to Illinois for Chicago to Quad Cities passenger rail project
(Source: U.S.Department of Transportation press release, December 12, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today announced more than $177 million for the Illinois Department of Transportation (IDOT) for a passenger rail project that will...
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