Rail Industry News
Economic impact study shows Wabtec’s proposed cuts at Erie, Pa., would pay for CEO’s $16 million bonus
(Source: United Electrical, Radio and Machine Workers of America (UE) press release, March 1, 2019) ERIE, Pa. — An economic impact study released today by UE Local 506 on Thursday, February 28, shows that the negative economic impact of the wage reductions demanded by...
AAR reports rail traffic for February and the week ending March 2, 2019
(Source: Association of American Railroads press release, March 6, 2019) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending March 2, 2019, as well as volumes for February 2019. U.S. railroads originated...
Canadian agency proposes rail regulation updates
(Source: Progressive Railroading, March 6, 2019) The Canadian Transportation Agency (CTA) has released a report summarizing input from key rail industry stakeholders about how best to update existing rail regulations, as well as agency guidelines and tools. Full...
China-based company hires first assembly workers at new Chicago rail car plant
(Source: Progressive Railroading, March 6, 2019) CRRC Sifang America has hired the initial group of employees to assemble Chicago Transit Authority's (CTA) newest 7000 Series rail cars at the $100 million rail-car manufacturing plant, the China-based company announced...
Graniteville continues to recover almost 15 years after NS train crash, chlorine leak
(Source: Aiken Standard, March 6, 2019) AIKEN, S.C. — Almost 15 years after a train wreck released a geyser of 90 tons of deadly pressurized liquid chlorine in the center of Graniteville, the town, its residents and people working in Avondale's textile mills that...
Watch CNBC’s full interview with CSX CEO Jim Foote
(Source: CNBC, March 6, 2019) NEW YORK — CNBC's "Closing Bell" team is joined by CSX CEO Jim Foote at the J.P. Morgan Aviation, Transportation, and Industrials Conference in New York City to talk about his outlook for the railroad industry. Full story: CNBC
SEPTA transit police strike enters Day 2 after union, management fail to reach deal
(Source: CBS Philadelphia, March 7, 2019) PHILADELPHIA — Members of SEPTA’s Transit Police return to the picket line at Jefferson Station Thursday morning. Nearly 200 SEPTA police officers went on strike Wednesday afternoon over pay and working conditions. They’ve...
Union Pacific CEO defends stock buybacks
(Source: CNBC, March 6, 2019) NEW YORK — Stock buybacks are under attack — but they really may just be misunderstood, Union Pacific CEO Lance Fritz suggested on Wednesday. Full story: CNBC
Canadian railway accidents went from 1,091 to 1,170 in 2018, beating the 5-year average
(Source: Canadian Press, March 6, 2019) OTTAWA — The Transportation Safety Board of Canada says the number of railway accidents increased by seven per cent last year including those involving dangerous goods, but there were fewer fatalities. There were 1,170...
Spate of derailments prompts CP Rail workers to start grim pool
(Source: Calgary Herald, March 6, 2019) CALGARY — Three significant derailments of CP trains in three days has renewed concerns about the safety of railway workers just a month after a horrific crash outside Field, B.C., killed three employees. So grim is the mood...
Railroad CEOs say U.S. economy still looks pretty good
(Source: CNBC, March 6, 2019) NEW YORK — The CEOs of two major railroad companies told CNBC on Wednesday they aren’t necessarily worried about the U.S. economy. Full story: CNBC
BNSF’s Rose: It’s about growth, not cutting
(Source: Railway Age, March 6, 2019) NEW YORK — BNSF Executive Chairman Matt Rose, nearing retirement, shared his views on the rail industry at the Railroad Financial Corporation’s annual conference in LaQuinta, Calif., on March 5. Rose talked extensively about...
Wabtec, UE reach temporary agreement to end strike while negotiations continue for up to 90 days
(Source: GoErie.com, March 6, 2019) ERIE, Pa. — There will be no picket lines Thursday morning outside Wabtec Corp. in Erie, where about 1,700 union members have been on strike since Feb. 26, the day after the merger between Wabtec and GE Transportation. Wabtec and...
Virginia transportation officials announce completion of bypass designed to alleviate Acca Yard bottleneck
(Source: Richmond Times-Dispatch, March 5, 2019) RICHMOND, Va. — Trains traveling between Richmond’s Staples Mill and Main Street stations will be a bit faster thanks to a new track bypassing a notorious 2-mile bottleneck. Virginia’s Department of Rail and Public...
Senators to reintroduce grade crossing safety act
(Source: Progressive Railroading, March 5, 2019) U.S. Sen. Chuck Schumer (D-N.Y.) and Sen. Richard Blumenthal (D-Conn.) announced they will reintroduce a bill to fund improvements to "dangerous" grade crossings. Full story: Progressive Railroading
More growth planned for UP-CP Can-Am corridor
(Source: Railway Age, March 4, 2019) NEW YORK — The past two decades have been a time of steady growth for Union Pacific’s only route to the Canadian border, running from Hinkle, Ore., north through Spokane, Wash., to Eastport, Idaho. Capacity improvements performed...
Miller withdraws from STB contention
(Source: Railway Age, March 1, 2019) NEW YORK — Former Surface Transportation Board (STB) member Deb Miller, a Kansas Democrat, has withdrawn her name from contention for renomination by President Trump to a second term. Full story: Railway Age
Explosive packages found at London airports, train station
(Source: National Public Radio, March 5, 2019) LONDON — Three small devices were sent to Heathrow Airport, London City Airport and Waterloo station that "appear capable of igniting an initially small fire when opened," London's Metropolitan Police said. No one was...
Gov. Murphy says no fare hike for NJ Transit, vows to fix agency
(Source: www.nj.com, March 5, 2019) NEWARK, N.J. — For the second straight year, Gov. Phil Murphy promised no fare increase for beleaguered NJ Transit riders in his state budget address, as long as the legislature passes his proposed fiscal year 2020 budget. Full...
PATH logs record ridership in January
(Source: Progressive Railroading, March 5, 2019) The Port Authority-Trans Hudson (PATH) handled nearly 6.5 million passengers in January, a new record for that month. Full story: Progressive Railroading
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