Rail Industry News
More critical aviation projects come to halt due to Congressional inaction
(Source: Federal Aviation Administration press release, July 26, 2011) WASHINGTON, D.C. — The Federal Aviation Administration issued additional “stop work orders” over the last twenty-four hours to construction and technology contractors for critical modernization...
Democrats to introduce bill to end FAA shutdown
(Source: Washington Post, July 26, 2011) WASHINGTON, D.C. — House Democrats plan to introduce a bill to restore funding to the Federal Aviation Administration, the Washington Post has reported. The newspaper also reports that the FAA had to shut down partially on...
Kawasaki unveils new rail car testing facility in Lincoln, Neb.
(Source: Lincoln Journal-Star, July 26, 2011) LINCOLN, Neb. — On July 26, Kawasaki unveiled its new rail car testing facility in Lincoln. According to the Lincoln Journal-Star, "The 36,000-square-foot test building and 2,000-foot-long test track make the Lincoln plant...
CSX CEO fighting high-speed rail
(Source: Bloomberg News, July 27, 2011) WASHINGTON, D.C. — According to Bloomberg, CSX CEO Michael Ward is opposed to raising speed limits on CSX tracks to accommodate passenger trains. He told Bloomberg that: "You can't make money hauling passengers, so why would I...
Canadian Pacific announces second-quarter 2011 results
(Source: Canadian Pacific Railway press release, July 27, 2011) CALGARY, Alberta — Canadian Pacific Railway Limited announced its second-quarter 2011 results today with reported net income of $128.0 million and diluted earnings per share of $0.75. Revenue and expense...
Steven Tolman to run for President of Massachusetts AFL-CIO
(Source: Boston Globe, July 26, 2011) BOSTON — Massachusetts State Senator Steven A. Tolman, brother of BLET Vice President and National Legislative Representative John P. Tolman, is joining the race for president of the Massachusetts AFL-CIO. The election is slated...
Number of U.S. Class I workers jumped in June, STB report shows
(Source: Progressive Railroading, July 22, 2011) According to Progressive Railroading, the nation's Class 1 workforce stood at 159,340 as of mid-Une, up 1.2 percent from May’s level and 5.2 percent from June 2010’s count. The information was taken from a Surface...
RRB issues annual financial reports
(The U.S. Railroad Retirement Board issued the following press release on July 1, 2011) CHICAGO — The Railroad Retirement Board (RRB) is required by law to submit annual reports to Congress on the financial condition of the railroad retirement system and the railroad...
Twin Cities & Western Railroad marks 20th anniversary
(Source: Twin Cities & Western Railroad press release, July 25, 2011) GLENCOE, Minn. — The Twin Cities & Western Railroad marks its 20th anniversary on July 26. Since beginning operations in 1991, the 229-mile railroad reports employment has more than doubled from 30...
At 30th St. Station, a plan for gateway to Philadelphia
(Source: Philadelphia Inquirer, July 17, 2011) PHILADELPHIA — Amtrak is getting ready to create a master plan its 30th Street Station in Philadelphia, hoping to make the 78-year-old train station a more welcoming gateway to both West Philadelphia and Center City. Full...
Chinese train crash derails Bombardier shares
(Source: Globe and Mail, July 25, 2011) MONTREAL — A deadly train crash in eastern China is raising concerns about the development of the country’s high-speed rail program, and highlights the challenges faced by major supplier Bombardier Inc. The tragic crash...
BNSF railway aims to build new railroad bridge over Missouri River
(The following appeared on the Plattsmouth Journal website on July 25, 2011) PLATTSMOUTH, Neb. — The BNSF Railway is proposing to build a new railroad bridge over the Missouri River near Plattsmouth, Neb., and Pacific Junction, Iowa. The railroad says it would be key...
FAA partial shutdown spurs 4,000 furloughs
(Source: Journal of Commerce, July 22, 2011) WASHINGTON, D.C. — Up to 4,000 federal employees will be furloughed and $2.5 billion in airport improvement work will stall midnight Friday after federal legislators failed to reauthorize the Federal Aviation...
CN declares third-quarter 2011 dividend
(Source: CN press release, July 25, 2011) MONTREAL — CN announced today that its Board of Directors has approved a third-quarter 2011 dividend on the Company's common shares outstanding. A quarterly dividend of thirty-two and one-half cents (C$0.325) per common share...
Editorial: California’s governor must lead on high-speed rail
(Source: San Diego Union-Tribune editorial, July 25, 2011) SAN DIEGO, Calif. — The Editorial Board of the San Diego Union-Tribune writes that California's high-speed rail plan is doomed to fail unless Governor Jerry Brown takes a leadership role and becomes more...
Rail worker found crushed to death in Chicago yard
(Source: Chicago Tribune, July 25, 2011) CHICAGO — A rail worker, identified by the Chicago Tribune as Andres Tapia, was found dead this morning in a Belt Railway Company of Chicago rail yard. He was discovered crushed between two freight cars and was pronounced dead...
CN to report and review second-quarter 2011 today
(Source: CN press release, July 22, 2011) MONTREAL — CN will issue its second-quarter 2011 financial and operating results on July 25, 2011, shortly after 4 p.m. Eastern Time (ET). CN's senior officers will review the results and the railway's outlook that afternoon...
Dearborn, Mich., races to secure federal rail funds
(Full story: Dearborn Press and Guide, July 25, 2011) DEARBORN, Mich. — City officials in Dearborn, Mich., are racing against to the clock to secure funding for a new Amtrak station in town. They're afraid federal funding promised for their projects will be...
Amtrak to restore full service in Missouri
(Source: Kansas City Star, July 23, 2011) KANSAS CITY, Mo. — Amtrak is expected to restore all train service between Kansas City and St. Louis on July 27 as Missouri River flood waters have receded. Full story: Kansas City Star
Union Pacific sees rail oil shipments quadrupling
(Source: Reuters, July 22, 2011) NEW YORK — Union Pacific said it expects rail shipments of oil to quadruple in 2011. According to Reuters, the company hauled about 4,400 carloads of crude oil out of Bakken Shale formation in North Dakota during 2010. The railroad...
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