Rail Industry News
CEO interview: Norfolk Southern’s Wick Moorman
(Source: Smart Money, August 10, 2011) WASHINGTON, D.C. — Norfolk Southern CEO Wick Moorman recently conducted an interview that appears on the website SmartMoney.com. He discusses the state of the economy, coal shipments, and various other topics. Full story:...
Genesee & Wyoming Inc. reports increased traffic for July 2011
(Source: Genesee & Wyoming press release, August 11, 2011) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) today reported traffic volumes for July 2011. GWI's traffic in July 2011 was 85,199 carloads, an increase of 11,952 carloads, or 16.3 percent, compared with July...
RailAmerica, Inc. reports lower July 2011 monthly carloads
(Source: RailAmerica press release, August 10, 2011) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads for the month ended July 31, 2011 were 68,727, down 6.8% from 73,739 in July 2010. Lower coal shipments were the main reason for...
Amtrak’s four-legged security system works, gets rave reviews
(Source: NBC Chicago, August 9, 2011) CHICAGO — According to a report from NBC Chicago, Amtrak uses specially trained "vapor dogs" for security purposes. Custom-bred to serve a specific purpose, Amtrak says these dogs can detect a single person carrying explosives in...
Railroad stocks rise on anticipated demand
(Source: Associated Press, August 9, 2011) NEW YORK — The Associated Press is reporting that shares of railroad stocks rose on August 9 on speculation that there will be demand for coal and intermodal shipments throughout the rest of the year. Full story:...
Environmental impact report issued for California high-speed rail
(Source: Fresno Bee, August 9, 2011) BAKERSFIELD, Calif. — An environmental impact report released Tuesday indicates that the first two stretches of the proposed California high-speed rail plan would save more than $100 billion in new and expanded freeways and airport...
BNSF provides update weather interruptions, flood recovery efforts
(Source: BNSF Railway customer bulletin, August 9, 2011) FORT WORTH, Texas — The St. Joseph subdivision is out of service east of Rulo, Nebraska. The Napier subdivision is out of service between Napier, Missouri and Pacific Jct., Iowa. The Omaha subdivision is out of...
BNSF boosts 2011 capital spending by $300 million
(Source: Journal of Commerce, August 9, 2011) WASHINGTON, D.C. — According to the Journal of Commerce, BNSF Railway will increase its capital spending in 2011 by $300 million. The additional spending will bring total spending for the year to $3.8 billion. Part of the...
BNSF profit rises 14.4 percent to $690 million
(Source: Journal of Commerce, August 9, 2011) WASHINGTON, D.C. — The Journal of Commerce reports that BNSF Railway’s 2nd quarter 2011 profit was $690 million, an increase of 14.4 percent when compared to the same quarter of 2010. Full story: www.joc.com
Both sides see victories in hard-fought Wisconsin recall contests
(Source: Milwaukee Journal Sentinel, August 10, 2011) MILWAUKEE, Wisc. — Democrats won two Wisconsin Senate seats in Tuesday’s historic recall elections, but failed to capture a third seat that would have given them control of the chamber. By keeping a majority in the...
California high-speed rail cost projections increase
(Source: Associated Press, August 9, 2011) SACRAMENTO, Calif. — According to the Associated Press, environmental impact reports expected to be released today show that track construction costs for California's high-speed rail project are projected to be $2.9 billion...
Hersman sworn in for second term as NTSB Chairman
(Source: National Transportation Safety Board press release, August 4, 2011.) WASHINGTON, D.C. — On August 4, Deborah Hersman was officially sworn in for a second two-year term as NTSB chairman. She became chairman on July 28, 2009. She was nominated for the second...
New SEPTA railcars roll out slowly
(Source: Philadelphia Daily News, August 8, 2011) PHILADELPHIA, Pa. — SEPTA is almost a year behind schedule in the deployment of its new Silverliner V railcars. According to the Philadelphia Daily News, only three or four of the promised 120 cars are in service. Full...
BNSF results aid Berskhire earnings
(Source: Railway Age, August 8, 2011) WASHINGTON, D.C. — Berkshire Hathaway Inc. posted a net profit of $3.42 billion in the 2011 second quarter. Railway Age reports that number was bolstered by BNSF Railway, which posted an earnings increase of nearly 15 percent....
CN will invest millions in Gary facility
(Source: www.nwtimes.com, August 8, 2011) GARY, Ind. — Canadian National Railway will invest $165 million to redevelop the existing Kirk Yard rail facility in Gary, Ind, a move which could bring up to 251 jobs to Northwest Indiana. According to The Times, the railroad...
New Mexico marks start of Union Pacific project
(Source: Las Cruces Sun-News, August 8, 2011) SANTA TERESA, N.M. — New Mexico's governor and several other politicians were on hand yesterday to mark the start of Union Pacific's depot construction, which will create several jobs for the area. Full story: Las Cruces...
DOT announces $179 million to California for continued development of integrated, statewide passenger rail network
(Source: U.S. Department of Transportation press release, August 7, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today announced California to continue building a statewide, passenger rail network with both high-speed and intercity service....
Historic recall elections put spotlight on Wisconsin
(Source: Milwaukee Journal Sentinel, August 8, 2011) MADISON, Wisc. — A series of recall elections will be held in Wisconsin on August 9, bringing to a head months of political unrest over attacks against unions and the middle class. Full story: Milwaukee Journal...
AAR: Railroads report mixed results in July traffic
(Source: Association of American Railroads press release, August 5, 2011) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed results for July monthly rail traffic compared with the same month last year, with U.S. railroads originating...
BNSF, Union Pacific hiring more workers
(Source: Omaha World-Herald, August 7, 2011) OMAHA, Neb. — The Union Pacific Railroad and BNSF Railway are hiring new workers in 2011, a sign of improving economic times throughout the United States. Full story: Omaha World-Herald
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