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Rail Industry News

U.S. freight movers rethink how to guard against floods

(Source: Reuters, September 7, 2017) CHICAGO — A week before Hurricane Harvey walloped Houston, workers for Union Pacific Corp began moving rail cars out of the railroad’s Englewood switching yard near downtown and brought in enough generators to fill 70 tractor...

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NS prepares for Hurricane Irma

(Source: Norfolk Southern service alert, September 7, 2017) NORFOLK, Va. — Norfolk Southern is currently preparing for Hurricane Irma based on projections that show the storm will impact the Southeast Coastal areas. Traffic in route to the areas will held at various...

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SunRail, Amtrak alter schedules for Hurricane Irma

(Source: www.clickorlando.com, September 8, 2017) ORLANDO, Fla. — SunRail, Central Florida's commuter rail service, will end service early on Friday because of Hurricane Irma, officials said. Meanwhile, Amtrak is temporarily suspending services in Florida due to the...

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CSX warns of rail delays due to Hurricane Irma

(Source: Reuters, September 7, 2017) NEW YORK — CSX, the No. 3 U.S. railroad, said all shipments scheduled into the greater Miami, Florida area on Thursday through the weekend will experience delays due to Hurricane Irma. Full story: Reuters

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Hoffa: Unions can jump-start economy

(Source: Column by Teamsters General President James P. Hoffa published in the Detroit News, September 6, 2017) WASHINGTON, D.C. — Unions have a decades-long history of growing wealth for workers. Today, the median union worker makes more than $10,000 a year more than...

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KCS Senior VP sells $471,227 in company stock

(Source: Stock News Times, September 6, 2017) NEW YORK — Kansas City Southern SVP Mary K. Stadler sold 4,451 shares of Kansas City Southern stock in a transaction dated Friday, August 18. The shares were sold at an average price of $105.87, for a total value of...

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STB says four Class Is revenue-adequate

(Source: Railway Age, September 6, 2017) NEW YORK — The U.S. Surface Transportation Board on Sept. 5 determined that four U.S. Class I railroads are revenue-adequate for the year 2016, meaning that those railroads achieved a rate of return on investment (ROI) equal to...

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BNSF speeding post-Harvey progress

(Source: Railway Age, September 6, 2017) NEW YORK — Citing improving conditions and strong efforts by m/w crews, rail service impacted by Hurricane Harvey on most BNSF subdivisions in the Houston area and throughout southeastern Texas has been restored. All BNSF rail...

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