Rail Industry News
A win for Teamster brother in Wisconsin is a big win for Middle Class
(Source: International Brotherhood of Teamsters press release, July 19, 2011) WASHINGTON, D.C. — Teamsters General President Jim Hoffa said Wisconsin state Sen. Dave Hansen’s win tonight was a historic victory in the battle to restore America’s middle class. Hansen, a...
CSX to boost hiring, says workforce to be up 4 percent
(Source: Down Jones Newswires, July 20, 2011) NEW YORK — Dow Jones is reporting that CSX raised its hiring forecast for the second time this year, saying that it now expects to increase its work force by about 4% in 2011 compared to last year. Full story:...
Union Pacific reports record second quarter, best-ever earnings per share
(Source: Union Pacific press release, July 21, 2011) OMAHA, Neb. — Union Pacific Corporation today reported 2011 second quarter net income of $785 million, or $1.59 per diluted share, compared to $711 million, or $1.40 per diluted share, in the second quarter 2010....
Union Pacific slows some trains under record heat
(The Associated Press circulated the following on July 21, 2011) OMAHA, Neb. — The heat wave enveloping much of the country is slowing some Union Pacific Railroad traffic in the Midwest as tracks have the potential to expand and buckle, the Associated Press reports....
LaHood warns FAA shutdown will hurt workers, economy
(Source: Journal of Commerce, July 21, 2011) WASHINGTON, D.C. — Ray LaHood, Secretary of the U.S. Department of Transportation, warned that Congressional inactivity regarding a Federal Aviation Administration bill would be harmful to U.S. workers and the economy. If...
DOT announces $24.3 million grants to boost Keystone Corridor train speeds to 125 mph
(Source: U.S. Department of Transportation press release, July 21, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today announced that work can begin on closing the last three highway-rail grade crossings on the Keystonecorridor with the signing of...
Short lines increase ore, chemical loadings
(Source: Journal of Commerce, July 21, 2011) WASHINGTON, D.C. — Short line railroads had their strongest loadings of ore for all of 2011 in the week ending July 16. They also reported increased shipments of chemicals during the week, the largest cargo group for small...
AAR: Railroads report mixed weekly rail traffic
(Source: Association of American Railroads press release, July 21, 2011) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed results for weekly rail traffic, with U.S. railroads originating 281,387 carloads for the week ending July 16,...
Hoffa: Attacking Social Security, health care is not shared sacrifice
(Source: International Brotherhood of Teamsters press release, July 21, 2011) WASHINGTON, D.C. — Teamsters General President Jim Hoffa issued the following statement today about ongoing negotiations between Congress and the White House to raise the national debt...
Union Pacific CEO sees “uncertainty” in economy
(Source: Journal of Commerce, July 21, 2011) WASHINGTON, D.C. — The Journal of Commerce reports that James R. Young, CEO of the Union Pacific Railroad, says rail customers are exhibiting uncertainty about the nation's economy, which he said makes it difficult to...
KCS predicts stronger second half of 2011
(Source: Reuters, July 21, 2011) NEW YORK — Kansas City Southern reported quarterly results 7 percent higher than the same quarter of 2010, driven by higher auto, intermodal and coal segments. The railroad also said revenue growth in the second half would surpass the...
Shutdown of FAA possible as GOP attacks NMB organizing rules
(Source: Associated Press, July 20, 2011) WASHINGTON, D.C. — A quarrel between the House and Senate over union organizing by airline and railroad workers could lead to a shutdown of the Federal Aviation Administration. Republicans have inserted language into a...
Norfolk Southern completes major Pa. upgrades in eight days
(Source: Norfolk Southern press release, July 20, 2011) NORFOLK, Va. — During eight days earlier this month, Norfolk Southern completed $16.2 million in track, bridge, and signal improvements in southwestern Pennsylvania’s Monongahela Valley. The rail infrastructure...
Metra dumps policy that inflated on-time performance numbers
(Source: Chicago Tribune, July 21, 2011) CHICAGO — According to the Chicago Tribune, Metra is dumping a longtime practice that artificially inflated its on-time performance statistics. Source: Chicago Tribune
Weather makes for economic uncertainty at Canadian railways
(Source: Financial Post, July 21, 2011) OTTAWA — The first half of 2011 proved to be more challenging than expected for Canadian railways, in large part due to historic flooding and poor weather conditions. However, the railroads believe the worst is behind them....
Wildfire destroys BNSF bridge used to transport crops into Texas
(Source: Associated Press, July 21, 2011) ELDORADO, Okla. — A key BNSF rail bridge has been destroyed by a wildfire. The bridge spans Red River between Eldorado and Quanah, Texas, and is used to transport grain and cotton into Texas. There was no word on when it would...
Fort Worth Tower 55 project still on track
(Source: Fort Worth Star Telegram, July 20, 2011) FORT WORTH, Texas — A $91 million plan to ease rail congestion at Tower 55 has been approved but work on the project has yet to begin. Tower 55 is one of the most notorious rail bottlenecks in Texas. Full story: Fort...
Amtrak Cascades route bounces back, sets ridership record
(Source: Lake Stevens Journal, July 20, 2011) OLYMPIA, Wash. — After an unusually rough start in the first three months of 2011, due mainly to mudslides and other disruptions, Amtrak's Cascades route from Vancouver, B.C., to Eugene, Ore., has set a quarterly ridership...
Billionaire candy bar king buys 1/3 share of Tongue River RR
(Source: Great Falls Tribune, July 21, 2011) GREAT FALLS, Mont. — Billionaire Forrest E. Mars, Jr. has reached an agreement with BNSF Railway Co. and coal giant Arch Coal to buy one-third of the Tongue River Railroad. The candy bar and pet food mogul said the purchase...
One crew member remains hospitalized after Great Falls derailment
(Source: Great Falls Tribune, July 20, 2011) GREAT FALLS, Mont. — One crew member remains hospitalized following a BNSF derailment on July 19 near Great Falls, Mont. It was reported yesterday that a locomotive engineer and conductor were injured following the...
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