Rail Industry News

(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...

(Source: Bangor Daily News, October 25, 2017) BANGOR, Maine — A pilot program that would bring seasonal passenger rail service as far north as Rockland is being explored by the transportation authority tasked with handling the state’s contract with Amtrak’s Downeaster...

(Source: International Brotherhood of Teamsters press release, October 24, 2017) WASHINGTON, D.C. — In the latest development with the Teamsters Military Assistance Program (TMAP), the union has officially partnered with the Department of Defense’s Military Spouse...

(Source: CBC News, October 23, 2017) OTTAWA, Ontario — The provincial government took another step towards building a high-speed rail line through southwestern Ontario, forming an advisory committee to consult with the private sector, stakeholders and Indigenous...

(Source: Norfolk Southern press release, October 24, 2017) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 61 cents per share on its common stock, payable on Dec. 11 to stockholders of record on Nov. 3. Since its inception...

(Source: Opinion column by Kansas City Southern CEO Patrick J. Ottensmeyer, Kansas City Star, October 24, 2017) KANSAS CITY, Mo. — On Thursday, Kansas City welcomes the Mexican Ambassador to the United States, Gerónimo Gutiérrez Fernández, to our community. His visit...

(Source: Progressive Railroading, October 23, 2017) Class Is employed 146,673 workers in the United States as of mid-September, down 0.44 percent since mid-August's employment figure and down 3.81 percent compared with mid-September 2016's level, according to Surface...

(Source: Forum News Service, October 25, 2017) BISMARCK, N.D. — Amid declining shipments, the rail industry is phasing out “less-safe” tank cars carrying crude oil ahead of rapidly approaching deadlines to do so. The federally mandated deadlines to remove the DOT-111...

(Source: CBC News, October 24, 2017) MONTREAL — Former Montreal, Maine and Atlantic (MMA) locomotive engineer François Daigle told the court he knew there was a mechanical problem with the locomotive at the front of the train that derailed in Lac-Mégantic when it left...

(Source: DeSmog Blog, October 24, 2017) NEW YORK — Damning new testimony from an engineer of the locomotive involved in the deadly 2013 oil train disaster in Lac-Mégantic, Canada, reveals several ways corporate cost-cutting directly led to the accident, which claimed...

(Source: Canadian Pacific Railway press release, October 24, 2017) MONTREAL — CN today reported its financial and operating results for the third quarter ended Sept. 30, 2017. Financial results highlights (third quarter 2017 compared to third quarter 2016) • Net...

(Source: Norfolk Southern press release, October 25, 2017) NORFOLK, Va. — Norfolk Southern Corporation today reported third-quarter financial results. Third-quarter net income was $506 million, up 10 percent year-over-year, driven by an 11 percent increase in income...

(Source: International Brotherhood of Teamsters press release, October 23, 2017) RICHMOND Senior management of luxury private jet providers Flexjet and Flight Options informed the Teamsters last week that they would not implement the Merged Collective Bargaining...

(Source: Bakersfield Now, October 23, 2017) BAKERSFIELD, Calif. — BNSF Railway is asking for help in identifying two men wanted on suspicion of auto theft. Full story: Bakersfield Now

(Source: Herald-News, October 23, 2017) JOLIET, Ill. — A local attorney said Monday that Union Pacific is trying to solve a problem of trains blocking roads for extended periods in the area of CenterPoint Intermodal Park-Joliet. Full story: Herald-News

(Source: Click On Detroit, October 23, 2017) PLYMOUTH, Mich. — Railroad crossing delays in Plymouth hit a record high Monday as a road was blocked for nine hours. It's gotten so bad that the city has put up signs at railroad crossings that urge drivers to call CSX...

(Source: Motherboard, October 24, 2017) NEW YORK — Trying to codify and organize things is really hard. Case in point: When Amazon tried to launch a cashier-free grocery store concept late last year, the company saw a lot of problems crop up when too many customers...

(Source: Lincoln Journal Star, October 23, 2017) OXFORD, Neb. — An armed man got into a locomotive on an Amtrak train passing through southwest Nebraska early Saturday and pulled the emergency brake while about 175 passengers were on board, authorities say. Full...