Rail Industry News

(Source: Joint CN and Norfolk Southern press release, October 27, 2017) l MONTREAL and NORFOLK, Va. — CN and Norfolk Southern Corporation today announced that a new joint interline service initiative is reducing transit times by one to two days for carload traffic...

(Source: International Brotherhood of Teamsters press release, October 27, 2017) CEDAR RAPIDS, Iowa — The Hawkeye State’s Republican-led government made it a priority in early 2017 to crack down on the ability of unionized public sector workers in the state to...

(Source: CBS New York, October 26, 2017) NEWARK, N.J. — NJ TRANSIT riders are advised to plan ahead, as Amtrak signal repairs may delay trips next month. Full story: CBS New York

(Source: Manitoba Co-Operator, October 26, 2017) WINNIPEG, Manitoba — Western Canada’s bigger-than-expected crop is moving to export slower than at last crop year’s record pace, and while grain companies aren’t panicking, Keystone Agricultural Producers’ (KAP)...

(Source: International Brotherhood of Teamsters press release, October 26, 2017) WASHINGTON, D.C. — Teamster leaders and port truck drivers fighting for their employee rights with the help of the Teamsters announced their support today for measures that would take...

(Source: Reuters, October 26, 2017) NEW YORK — American businesses, jobs and consumers would suffer if the United States pulls out of NAFTA instead of reaching an enhanced trade treaty, railroad Union Pacific Corp’s top executive said on Thursday. Full story:...

(Source: CNBC, October 26, 2017) NEW YORK — The Wall Street Journal reported the company is looking for a way to leave the railroad business, citing people familiar with the matter. GE is looking to partner, spin off or possibly sell operations that primarily produce...

(Source: CBC News, October 26, 2017) OTTAWA — Irving Oil has been ordered to pay $4 million for offences under the Transportation of Dangerous Goods Act, including failure to comply with safety requirements and inadequate training of staff, after an investigation...

(Source: Bergen Record, October 27, 2017) BERGEN COUNTY, N.J. — NJ Transit takes longer to train locomotive engineers than any of its peer transit agencies in the region, even when the job candidates have experience running trains. Full story: www.northjersey.com

(Source: Reuters, October 26, 2017) NEW YORK — Union Pacific Corp on Thursday reported a better-than-expected profit as higher freight revenue offset the impact of Hurricane Harvey which battered the No. 1 U.S. railroad’s network in southeast Texas in August. Full...

(Source: Reuters, October 26, 2017) NEW YORK — The resignation of two prominent female executives at CSX Corp. hours before CSX canceled a long-planned investor conference this week rattled employees and investors on Thursday, sending the No. 3 U.S. railroad’s shares...

(Source: Association of American Railroads press release, October 25, 2017) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 21, 2017. For this week, total U.S. weekly rail traffic was 559,989...

(Source: USA Today, October 24, 2017) WASHINGTON, D.C. — House Democrats will introduce two federal bills Thursday aimed at cracking down on port trucking companies that have for years exploited their workforce with lease-to-own contracts that forced drivers to work...

(Source: Des Moines Register, October 25, 2017) DES MOINES, Iowa — Twelve acres on Des Moines' southeast side could hold the key to cheaper shipping options for central Iowa businesses. Full story: Des Moines Register

(Source: Canadian Press, October 25, 2017) MONTREAL — Canadian National Railways is on a hiring spree particularly in Western Canada, several years after a slowdown in demand prompted layoffs. Full story: www.cbc.ca

(Source: Associated Press, October 25, 2017) OMAHA, Neb. — Norfolk Southern Corp. delivered a 10 percent increase in third-quarter profit as the railroad hauled 4 percent more freight and continued working to limit its expenses. Full story: www.usnews.com

(Source: CSX press release, October 25, 2017) JACKSONVILLE, Fla. — CSX Corporation today announced that James M. Foote is joining the company as chief operating officer. Mr. Foote will have responsibility for both operations and sales and marketing and will be based...

(Source: Railway Age, October 26, 2017) NEW YORK — CSX management has cancelled its Oct. 30 Investor Day the event with little explanation. “We have received many incoming calls and emails from concerned investors who are worried what else could be behind management...

(Source: CBC News, October 25, 2017) MONTREAL — A former train inspector with Montreal, Maine and Atlantic (MMA) railway said he never checked to see if the train's previous engineer had noted any defects with the locomotive the morning before the 2013 rail disaster...

(Source: Union Pacific press release, October 26, 2017) OMAHA, Neb. — Union Pacific Corporation today reported 2017 third quarter net income of $1.2 billion, or a $1.50 per diluted share. This compares to $1.1 billion, or $1.36 per diluted share, in the third quarter...