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Rail Industry News

President Obama considers tapping oil reserves

(The following appeared on the Journal of Commerce website on June 9, 2011.) WASHINGTON, D.C. — President Obama is keeping open the option of drawing oil out of the U.S. Strategic Petroleum Reserve to drive down gasoline and other fuel prices that economists say have...

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NS McCalla hub on track for late 2012 opening

(The following appeared on the Birmingham News website on June 7, 2011.) BIRMINGHAM, Ala. — Norfolk Southern's $97.5 million railroad hub in McCalla won't create that many direct jobs, but officials said Monday the project will deliver a major economic boost to the...

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UP conductor hurt in collision with rig

(The Associated Press circulated the following on June 8, 2011.) PARAGOULD, Ark. — Greene County authorities say a worker aboard a Union Pacific Railroad train is recovering from injuries after the train collided with a tractor-trailer rig. Authorities said the driver...

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Western rails get ready to redraw intermodal map

(The following appeared on the DC Velocity website on June 7, 2011.) The two Western rail giants, Burlington Northern Santa Fe Railway and the Union Pacific Railroad Co., are positioning themselves to capitalize on a potential bonanza: The conversion of millions of...

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Railcar owners parked 2,855 more units in May

(The following appeared on the Journal of Commerce website on June 7, 2011.) WASHINGTON, D.C. — North American owners of railcars parked 2,855 additional cars during May, expanding the fleet of idled units at a time when bulk rail freight shipments had weakened from...

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BNSF cross-border railway project under scrutiny

(The following appeared on the El Paso Times website on June 8, 2011.) EL PASO, Texas — A group of U.S.-Mexico border residents is asking the U.S. Justice Department to look into whether the BNSF Railway did anything improper to influence a massive railway project in...

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Railroads face Missouri River flood delays

(The following appeared on the Journal of Commerce website on June 7, 2011.) WASHINGTON, D.C. — Rising floodwaters on the Missouri River have begun disrupting some rail operations, just the latest in a series of weather problems for U.S. railroads in recent weeks....

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Railroads try to stay ahead of flooding

(The following appeared on the Omaha World-Herald website on June 8, 2011.) OMAHA, Neb. — Nobody at Union Pacific or Burlington Northern Santa Fe wants a repeat of 1993 or 2008. The flooding that swept through the Midwest in those years took out railroad bridges and...

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Suit accuses U.P., BNSF of fixing prices

(The following appeared on the Omaha World-Herald website on June 8, 2011.) OMAHA, Neb. — A mining and energy company is suing the country’s two largest railroads, arguing that they conspired to keep prices high and avoid competition. The lawsuit says the Union...

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