Rail Industry News
Short line railroads keep chugging along
(Source: Tulsa World, March 18, 2018) SAPULPA, Okla. — Next time you drive to Sapulpa from Tulsa, glance off the highway and you may see a bright red locomotive with yellow trim pulling five freight cars. If so, you are witnessing living history. Full story: Tulsa...
Amtrak service resumes following report of suspicious package
(Source: Connecticut Post, March 18, 2018) WESTPORT, Conn. — Trains on the Metro-North New Haven Line near the Greens Farms Station in Westport were halted for about 90 minutes Sunday night due to police activity. Full story: Connecticut Post
Editorial: A year into change, CSX must make sure it’s on the right track
(Source: Jacksonville Business Journal, March 17, 2018) JACKSONVILLE, Fla. — While Wall Street continues to be impressed with the railroad and with CEO James Foote there are concerns the changes might be too much, too soon, affecting employee morale, the company’s...
NEC bridge shutdown a reminder of cost of aging infrastructure
(Source: Associated Press, March 16, 2018) NEWARK, N.J. — As a tug of war over funding a multibillion-dollar rail project continue in Washington, the perils facing Northeast Corridor commuters were brought into stark relief again Friday morning when a century-old...
STB to meet next month with disgruntled railroad customers
(Source: Reuters, March 16, 2018) SEATTLE — The top U.S. railways regulator plans to hold a series of meetings with disgruntled shippers and other customers starting next month, after fresh complaints over service delays and higher costs from automotive and grain...
Canada’s pipeline challenges will force more tar sands oil to move by rail
(Source: DeSmog Blog, March 18, 2018) NEW YORK — The Motley Fool has been advising investors on “How to Profit From the Re-Emergence of Canada’s Crude-by-Rail Strategy.” But what makes transporting Canadian crude oil by rail attractive to investors? According to the...
Hoffa: Pension committee must deliver on retirement promise
(Source: Column by Teamsters General President James P. Hoffa published at The Hill, March 17, 2018) WASHINGTON, D.C. — Years of hard work by Teamsters, retirees and other unions to reform the faltering multiemployer pension system finally are paying off. Late last...
CP Rail CEO Keith Creel paid $20.1 million in first year in role
(Source: Globe and Mail, March 16, 2018) TORONTO — Keith Creel made $20.1-million in his first year as chief executive officer of Canadian Pacific Railway Ltd. in a compensation scheme that was revamped under pressure from shareholders. Mr. Creel's compensation...
4 people injured after 2 trains collide, derail in Kentucky
(Source: Associated Press, March 19, 2018) GEORGETOWN, Ky. — Two freight trains collided and derailed shortly before midnight, injuring 4 people and igniting a fire that forced nearby residents to evacuate, authorities said Monday. No additional information about the...
CSX has resolved its problems with service, CEO tells investors
(Source: Jacksonville Daily Record, March 19, 2018) JACKSONVILLE, Fla. — CSX Corp. freight customers had a reason to complain about service disruptions as the Jacksonville-based railroad overhauled operations last summer, CEO James Foote admits. However, while there...
NS COO Wheeler sells $244,000 in company stock
(Source: Week Herald, March 15, 2018) NEW YORK — Norfolk Southern Corp. COO Michael Joseph Wheeler sold 1,699 shares of the business’s stock in a transaction on Friday, February 16. The stock was sold at an average price of $143.62, for a total value of $244,010.38....
Why Amtrak has never been a smooth ride
(Source: Bloomberg, March 16, 2018) NEW YORK — It’s been a tough few months even by the standards of America’s beleaguered passenger railroad, Amtrak. Five people were killed and more than 160 injured in two major accidents — a derailment and a collision with a...
STB to hold informal meetings on directed service regulations beginning in April
(Source: Surface Transportation Board press release, March 15, 2018) WASHINGTON, D.C. — The Surface Transportation Board announced today that Board staff will hold informal meetings with interested persons to discuss and gather feedback on the adequacy of the Board’s...
NS increases train speeds through Lehigh, Berks
ALLENTOWN, Pa. — Norfolk Southern freight trains increased their speeds to 60 mph today along nearly 30 miles of railroad track from Lehigh to Berks counties. (Source: LVB.com, March 14, 2018) Full story: www.lvb.com
NJ Transit trains to N.Y. resume with delays after bridge issue
(Source: www.nj.com, March 16, 2018) NEWARK, N.J. — NJ Transit trains service to and from New York Penn Station has resumed after being suspended Friday morning due to the problem-plagued, 111-year-old Portal bridge getting stuck in the open position. Full story:...
Man charged in mosque bombing allegedly targeted Illinois rail line
(Source: Effingham Daily News, March 15, 2018) EFFINGHAM, Ill. — One of the men charged with bombing a mosque in Minnesota allegedly melted a rail line in Effingham County in an attempt to cause a derailment, according to prosecutors in a federal case. Full story:...
Canadian railways feel the heat after U.S. grain companies complain to STB about poor service
(Source: Globe and Mail, March 15, 2018) TORONTO — A coalition of U.S. grain companies has complained to the U.S. railway regulator about deteriorating service and new and higher charges at major North American railways. Full story: Globe and Mail
Teamsters turn out the vote in big House win
(Source: International Brotherhood of Teamsters press release, March 15, 2018) WASHINGTON, D.C. — Teamsters and other labor allies in western Pennsylvania worked long hours in the days leading up to a special U.S. House election this week letting union members in the...
State report blasts LIRR for worst on-time performance in 18 years during 2017
(Source: The Island Now, March 15, 2017) NEW YORK — The Long Island Rail Road had its worst on-time performance in 18 years, according to a new report from the state comptroller’s office, a far cry from its 95.2 percent on-time rate in 2009. Full story: The Island...
Operation Lifesaver concerned by rise in 2017 crossing collisions, trespass incidents
(Source: Operation Lifesaver press release, March 15, 2018) WASHINGTON, D.C. — Recently-released U.S. government statistics reveal that railroad grade crossing incidents and rail trespass casualties increased in 2017, according to rail safety education nonprofit...
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