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Rail Industry News

Metra picks Derwinski as new chief

(Source: Daily Herald, August 16, 2017) CHICAGO — Metra directors chose a veteran employee to head the agency Wednesday. The railroad's chief mechanical officer, James M. Derwinski, 49, will take over from outgoing CEO Don Orseno when he retires in December. Full...

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U.S., Mexican Customs improve rail processing at Laredo

(Source: American Shipper, August 21, 2017) LAREDO, Texas — U.S. Customs and Border Protection (CBP) and Mexican Customs (Servicio de Administracion Tributaria/Aduana Mexico or SAT) on Friday formally dedicated a new center at the Laredo, Texas, to allow both agencies...

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42 hurt in SEPTA train crash outside Philadelphia

(Source: Philadelphia Inquirer, August 22, 2017) PHILADELPHIA — A SEPTA Norristown High Speed Line train carrying passengers ran into an unoccupied train early Tuesday inside the 69th Street Transportation Center in Upper Darby, injuring 42 people, officials said....

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KCS Director Maier buys 3,000 shares of company stock

(Source: True Blue Tribune, August 19, 2017) NEW YORK — Kansas City Southern Director Henry J. Maier bought 3,000 shares of the stock in a transaction that occurred on Thursday, August 17. The shares were purchased at an average price of $106.19 per share, for a total...

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Big plans for Alabama inland port

(Source: Port Strategy, August 16, 2017) BIRMINGHAM, Ala. — Birmingham-Jefferson County Port Authority and Watco have launched plans to make Port Birmingham in Alabama into a worldwide centre for imports and exports, local news website AL.com has reported. The port,...

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