Rail Industry News
STB postpones CSX public hearing due to hurricane threat
(Source: Progressive Railroading, September 7, 2017) The National Hurricane Center's latest projected track of Hurricane Irma has prompted the Surface Transportation Board (STB) to postpone its Sept. 12 listening session concerning CSX's rail service issues, the board...
Amidst Harvey’s wreckage, Teamsters Disaster Relief offers a glimmer of hope
(Source: International Brotherhood of Teamsters press release, September 7, 2017) WASHINGTON, D.C. — It is well known by now that Hurricane Harvey is one of the worst storms on record, and the most devastating to hit the east coast of Texas in well over a generation....
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...
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...
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...
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
NY, NJ governors meet with Trump to talk Hudson River rail tunnel
(Source: Associated Press, September 7, 2017) ALBANY, N.Y. — The governors of New York and New Jersey have met with President Donald Trump to discuss long-awaited plans for a new Hudson River rail tunnel, considered one of the region's most critical infrastructure...
AAR: Rail traffic up 4 percent over 2016 for first eight months of 2017
(Source: Association of American Railroads press release, September 6, 2017) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending September 2, 2017, as well as volumes for August 2017, which was the best...
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...
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...
Elon Musk’s hyperloop idea is not realistic ‘right now,’ says Amtrak co-CEO
(Source: CNBC, September 5, 2017) WASHINGTON, D.C. — Amtrak's president told CNBC on Tuesday he does not see the futuristic hyperloop — conceived by billionaire entrepreneur Elon Musk — overtaking traditional rail travel and transport anytime soon. Full story:...
Harvey has paralyzed a critical part of U.S. manufacturing supply chain
(Source: CNBC, September 6, 2017) WASHINGTON, D.C. — Many of the plastics and specialty chemicals that factories across the United States depend on are stuck on the Gulf Coast in the wake of Hurricane Harvey, threatening to create supply shortages and raise prices for...
As Amtrak’s Gateway funding comes under attack, N.J. House members mobilize to save it
(Source: Bergen Record, September 6, 2017) BERGEN COUNTY, N.J. — New Jersey and New York lawmakers mobilized on Wednesday to protect $900 million intended to jump start Amtrak's Gateway project, which includes replacing a rail bridge in the Meadowlands and building a...
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...
CSX CEO says railroad is “returning to normal operating rhythm”
(Source: Jacksonville Business Journal, September 6, 2017) JACKSONVILLE, Fla. — CSX Corp. CEO Hunter Harrison issued a statement Wednesday that the railroad had turned a corner, saying he was confident that "many of the challenges we and our customers have recently...
CSX says its service is improving after major delays, but trims profit outlook
(Source: Associated Press, September 6, 2017) OMAHA, NEB. — CSX railroad said Wednesday that its service is improving after a summer marked by delays as it overhauled its operations. But despite the reported improvements, the Jacksonville, Florida-based railroad...
Union Pacific CEO sees pent-up demand in Harvey recovery
(Source: Reuters, September 6, 2017) HOUSTON — No. 1 U.S. railroad Union Pacific Corp (UNP.N) has repaired most of the damage caused to its network by catastrophic flooding brought by Hurricane Harvey to Houston late last month and its network should be fully...
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...
House defeats conservative effort to defund Amtrak
(Source: The Hill, September 6, 2017) WASHINGTON, D.C. — The House rejected a conservative proposal late Wednesday night to eliminate $1.1 billion in federal subsidies for Amtrak. Full story: The Hill
Teamsters: New NAFTA should follow lead of Canadian labor proposal
(Source: International Brotherhood of Teamsters press release, September 6, 2017) WASHINGTON, D.C. — The following is a joint statement from Teamsters General President Jim Hoffa and Teamsters Canada President François Laporte in response to the end of round two of...
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