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Rail Industry News

NS contractor killed in accident in N.C.

(Source: Television station WBTV, December 15, 2018) SPENCER, N.C. — A contractor died after being trapped between two metal plates on railroad tracks in Rowan County Saturday. Officials said it happened around 12 p.m. near the North Carolina Transportation Museum in...

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NS formally announces move to city of Atlanta

(Source: Norfolk Southern press release, December 12, 2018) NORFOLK, Va. and ATLANTA, Ga. — Norfolk Southern Corporation today announced plans to relocate its headquarters to Atlanta. “Alignment, collaboration, and accountability are the hallmarks of Norfolk...

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NJ Transit is buying new rail cars

(Source: www.nj.com, December 12, 2018) NEWARK, N.J. — NJ Transit’s fleet of ancient electric powered rail cars are headed on a one-way trip to the junkyard. The agency is poised to spend almost $700 million to purchase 113 multi-level III rail cars to replace the...

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Airline, railroad stocks getting crushed

(Source: CNBC, December 13, 2018) NEW YORK — Transportation stocks have hit the skids and are looking worse than the broader market, a trend that needs to reverse for stocks to stabilize. The Dow Transports have lost 15 percent since Oct. 1, 6 percentage points worse...

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