Rail Industry News
Bill Gates foundation boosts investment in CSX
(Source: Investor Place, August 18, 2011) ROCKVILLE, Md. — According to the Investor Place website, the Bill & Melinda Gates Foundation recently boosted its stake in CSX by 188 percent to 4.6 million shares. Full story: www.investorplace.com
Class I railroads trim jobs in July
(Source: Journal of Commerce, August 18, 2011) WASHINGTON, D.C. — Class I freight railroads trimmed 424 jobs from payrolls from mid-June to mid-July 2011, according to a report from the Journal of Commerce. Included in the cutbacks were train and engine service...
AAR: Railroads report mixed results for weekly rail traffic
(Source: Association of American Railroads press release, August 18, 2011) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed results for weekly rail traffic, with U.S. railroads originating 292,266 carloads for the week ending August...
Economic woes derail railroad stocks
(Source: Associated Press, August 18, 2011) NEW YORK — According to the Association Press, railroad stocks took a dive Thursday as the broader market tumbled on concerns about the fragility of the economy and a report from the Association of American Railroads that...
3 boys charged in NS train derailment
(Source: Roanoke Times, August 17, 201) ROANOKE, Va. — Three boys, ages 12, 13 and 14, have been charged with intentionally derailing a Norfolk Southern locomotive near Martinsville, Va., according to the Roanoke Times. No one was hurt in the derailment. Full story:...
UP makes track improvements to line in Eastern Minnesota, Western Wisconsin
(Source: Union Pacific press release, August 17, 2011) OMAHA, Neb. — Union Pacific Railroad will spend about $7 million to improve a rail line that runs from St. Paul, Minn., to Hudson, Wis. The nearly 24-mile project includes removing and installing rail and more...
Second daily Amtrak train from Seattle to Vancouver is made permanent
(Source: Seattle Times, August 17, 2011) SEATTLE, Wash. — The second train between Seattle and Vancouver, B.C., which was scheduled to end in October, has been given a reprieve and made permanent. According to the Seattle Times, the Canadian government came up with...
RailAmerica gains business via growth of customers
(Source: Journal of Commerce, August 17, 2011) WASHINGTON, D.C. — According to the Journal of Commerce, RailAmerica said it expects to handle more than 25,000 additional annual carloads thanks to the expansion of business by 34 of its customers. Full story:...
Opinion: High-speed rail could solidify Midwest’s future
(Source: Duluth News Tribune, August 18, 2011) DULUTH, Minn. — The Duluth News Tribune today published a column about the potential benefits of high-speed rail throughout the Midwestern United States. It is written by Hal Moore, a Presbyterian minister, social worker,...
Calif. Gov. Jerry Brown backs high-speed rail plan
(Source: Sacramento Bee, August 17, 2011) FRESNO, Calif. — California Gov. Jerry Brown said Wednesday that the state should press forward with its high-speed rail project, according to the Sacramento Bee. Gov. Brown had said little publicly about the controversial...
BMWED hails OSHA whistleblower ruling against Norfolk Southern
(Source: BMWED press release, August 17, 2011) WASHINGTON, D.C. — On August 8, 2011, the Regional Administrator of Occupational Safety and Health Administration Region 4 issued an order requiring Norfolk Southern railroad to pay $20,000 in compensatory damages,...
Democrats hold seats in Wisconsin recall elections
(Source: Reuters, August 17, 2011) MADISON, Wisc. — Two Wisconsin Democratic state senators beat back Republican challengers on Tuesday in the last of a series of recall elections triggered by a fight over collective bargaining rights for union workers. Full story:...
Opinion: The great high-speed rail lie
(Source: San Francisco Chronicle, August 3, 2011) SAN FRANCISCO, Calif. — The San Francisco Chronicle recently published a column by Roger Christensen, a transit advocate from Los Angeles County (former chairman of the Metro Citizen Advisory Council). He corrects many...
KCS supervisor claims railroad schemed to get rid of older employees
(Source: Southeast Texas Record, August 15, 2011) BEAUMONT, Texas — A former supervisor with the Kansas City Southern is suing the railroad, claiming he was fired for refusing to cooperate in management’s scheme to fire older employees. He said the railroad targeted...
Metra in early stages of extending rail service to Oswego
(Source: Beacon News, August 16, 2011) CHICAGO — Metra is moving ahead slowly with plans to build a new station and extend rail service to Oswego. The passenger railroad is issued a request for proposals on the project, and other details were discussed at a press...
California high-speed rail reaches out to small businesses
(Source: Fresno Bee, August 16, 2011) FRESNO, Calif. — The California High-Speed Rail Authority is reaching out to small businesses in California. The group will hold a forum on September 8 to show business owners the subcontracting opportunities with prime...
New NS rail line could spur economic growth in Toledo
(Source: www.FoxToledo.com, August 15, 2011) TOLEDO, Ohio — Norfolk Southern is opening a new rail line into a shipping port in Toledo, Ohio, joining CSX which had been the only rail carrier over the past 50 years. Officials in Toledo hope the additional rail line...
Ryder plans to divert more shipments to rail
(Source: Journal of Commerce, August 15, 2011) WASHINGTON, D.C. — The Journal of Commerce reports that Ryder is looking to divert more shipments from trucks to intermodal freight rail in order to cut costs. Full story: www.joc.com
Officers pursue tips after NS train intentionally derailed
(Source: Martinsville Bulletin, August 16, 2011) MARTINSVILLE, Va. — Officials are following up on tips from the public as they investigate a train derailment that happened here on Saturday. They say someone intentionally put an object on the tracks, causing a Norfolk...
BNSF worker found dead in Kansas City yard
(Source: www.knsradio.com, August 15, 2011) KANSAS CITY, Kan. — Officials are investigating the death of a Burlington Northern Santa Fe rail yard worker, which happened around 1:30 p.m. on August 15. The man was found trapped between two rail cars and was pronounced...
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