Rail Industry News
Amtrak riders in Pa. break down door to catch train
(Source: Lancaster Online, November 2, 2011) LANCASTER, Pa. — Frustrated and angry commuters broke through a door at the Amtrak train station Wednesday to get to the platform after they found a dark, locked station upon arriving before 5:30 a.m. Because of what Amtrak...
William Ackman says he’s not pressing for Canadian Pacific sale
(Source: Bloomberg News, November 3, 2011) NEW YORK — William Ackman said he isn't pushing for a sale of Canadian Pacific Railway Ltd. after his activist hedge fund Pershing Square Capital Management LP became the carrier's biggest shareholder. Full story: San...
William Ackman says he’s not pressing for Canadian Pacific sale
(Source: Bloomberg News, November 3, 2011) NEW YORK — William Ackman said he isn't pushing for a sale of Canadian Pacific Railway Ltd. after his activist hedge fund Pershing Square Capital Management LP became the carrier's biggest shareholder. Full story: San...
What are the options for shaking up CP?
(Source: Globe and Mail, October 31, 2011) TORONTO — It’s one thing for an activist shareholder to buy a stake in a company, giving the shares an initial bump, and another to actually implement real changes to enhance shareholder value. Full story: Globe and Mail
What are the options for shaking up CP?
(Source: Globe and Mail, October 31, 2011) TORONTO — It’s one thing for an activist shareholder to buy a stake in a company, giving the shares an initial bump, and another to actually implement real changes to enhance shareholder value. Full story: Globe and Mail
Amtrak restoring New England service after snowstorm
(Source: Bloomberg News, November 3, 2011) NEW YORK — Amtrak said its long-distance services through New England were returning to normal today, after two trains were stranded for as long as 14 hours in a weekend snowstorm that left tracks blocked by downed trees,...
Amtrak restoring New England service after snowstorm
(Source: Bloomberg News, November 3, 2011) NEW YORK — Amtrak said its long-distance services through New England were returning to normal today, after two trains were stranded for as long as 14 hours in a weekend snowstorm that left tracks blocked by downed trees,...
Metra line shut down after fiery freight train derailment near Elgin
(Source: Chicago Tribune, November 3, 2011) CHICAGO — A fiery freight train derailment near Elgin is blocking trains on Metra's Milwaukee West Line this morning, but officials report no injuries or evacuations. At least 12 cars of the Canadian National train derailed...
Metra line shut down after fiery freight train derailment near Elgin
(Source: Chicago Tribune, November 3, 2011) CHICAGO — A fiery freight train derailment near Elgin is blocking trains on Metra's Milwaukee West Line this morning, but officials report no injuries or evacuations. At least 12 cars of the Canadian National train derailed...
Amtrak prepares for Thanksgiving travel rush
(Source: Associated Press, November 3, 2011) WASHINGTON, D.C. — Amtrak is preparing for Thanksgiving, the rail service's busiest travel period of the year, with extra trains and rail cars added to routes through Chicago, the Midwest and other regions. The two busiest...
Amtrak prepares for Thanksgiving travel rush
(Source: Associated Press, November 3, 2011) WASHINGTON, D.C. — Amtrak is preparing for Thanksgiving, the rail service's busiest travel period of the year, with extra trains and rail cars added to routes through Chicago, the Midwest and other regions. The two busiest...
High-speed rail gets a new plan and a new price tag in California
(Source: KALW news via San Francisco Chronicle, November 2, 2011) SAN FRANCISCO — The California High Speed Rail Authority released a new business plan yesterday outlining a multi-phase strategy for bringing bullet trains to the state. The total pricetag? $98.5...
High-speed rail gets a new plan and a new price tag in California
(Source: KALW news via San Francisco Chronicle, November 2, 2011) SAN FRANCISCO — The California High Speed Rail Authority released a new business plan yesterday outlining a multi-phase strategy for bringing bullet trains to the state. The total pricetag? $98.5...
Amtrak horn sounded 4 times before fatal crash near Reno, Nevada
(Source: Associated Press, November 2, 2011) RENO, Nev.—Federal officials investigating a deadly Amtrak crash in Nevada say the engineer sounded the horn four times before a truck slammed into the train about 70 miles east of Reno. Full story: San Jose Mercury News
Amtrak horn sounded 4 times before fatal crash near Reno, Nevada
(Source: Associated Press, November 2, 2011) RENO, Nev.—Federal officials investigating a deadly Amtrak crash in Nevada say the engineer sounded the horn four times before a truck slammed into the train about 70 miles east of Reno. Full story: San Jose Mercury News
NTSB conducts series of tests at site of June 2011 accident involving Amtrak train and tractor-trailer in Nevada
(Source: National Transportation Safety Board press release, November 2, 2011) WASHINGTON, D.C. — During the week of October 17-21, NTSB investigators returned to the scene of an accident where an Amtrak passenger train was struck by a commercial mining truck-tractor...
NTSB conducts series of tests at site of June 2011 accident involving Amtrak train and tractor-trailer in Nevada
(Source: National Transportation Safety Board press release, November 2, 2011) WASHINGTON, D.C. — During the week of October 17-21, NTSB investigators returned to the scene of an accident where an Amtrak passenger train was struck by a commercial mining truck-tractor...
BNSF expects return to pre-recession volume in 2013
(Source: Journal of Commerce, November 2, 2011) WASHINGTON, D.C. — BNSF Railway foresees a slow economic recovery and doesn’t expect its freight volume to return to pre-recession peaks until about 2013, a top executive said. Full story: www.joc.com
BNSF expects return to pre-recession volume in 2013
(Source: Journal of Commerce, November 2, 2011) WASHINGTON, D.C. — BNSF Railway foresees a slow economic recovery and doesn’t expect its freight volume to return to pre-recession peaks until about 2013, a top executive said. Full story: www.joc.com
The importance of a current connection for Railroad Retirement benefits
(Source: U.S. Railroad Retirement Board press release, October 3, 2011) CHICAGO — Under the Railroad Retirement Act, a “current connection with the railroad industry” is one of the eligibility requirements for occupational disability annuities and supplemental...
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