Rail Industry News
Teamsters lead shareholder victory at McKesson, country’s largest opioid distributor
(Source: International Brotherhood of Teamsters press release, July 26, 2017) WASHINGTON, D.C. — In an effort led by the International Brotherhood of Teamsters, a long-term shareholder in McKesson, a majority of McKesson shareholders voted to reject the executive pay...
PTC could cut Penn Station’s capacity
(Source: Bergen Record, July 27, 2017) BERGEN COUNTY, N.J. — A rail safety system intended to stop crashes like last year’s fatal accident at the Hoboken Terminal could also have another consequence: fewer trains will be able to go through the Hudson River tunnels...
California Supreme Court ruling could end bullet train suits
(Source: Associated Press, July 27, 2017) SAN FRANCISCO — A California Supreme Court ruling expected Thursday could help speed construction of the state's $64 billion high-speed rail project by exempting it from a key environmental review law. Full story:...
Norfolk Southern’s 2Q 2017 net income surges 23 percent
(Source: Progressive Railroading, July 26, 2017) Norfolk Southern Corp. second-quarter 2017 net income rose 23 percent to $497 million, or $1.71 per diluted share, compared with the same quarter a year ago, the Class I reported this morning. The profit growth was...
CP rolls out train for Canada’s 150th
(Source: Calgary Sun, July 25, 2017) CALGARY — It’s a company that’s been operating in Canada for more than 135 years, one responsible for building the tracks that connected much of the country back in the late 19th century. Full story: Calgary Sun
How a father’s tragedy moved the Teamsters to fight an opioid distributor
(Source: The Guardian, July 25, 2017) LONDON — The largest drug distributor in the US has been accused by the Teamsters union of a pivotal role in the country’s opioid epidemic. The union is urging shareholders to force a public reckoning this week, a move prompted by...
Teamsters Local 391 police officers secure pay increases
(Source: International Brotherhood of Teamsters press release, July 25, 2017) WASHINGTON, D.C. — With the passage and implementation of the City of Raleigh’s budget on July 1, police officers represented by Teamsters Local 391 are expected to see pay increases of...
Senator backed by rail companies introduces new bill that would further de-regulate rail industry
(Source: DeSmog Blog, July 25, 2017) NEW YORK — A new bill by one of the rail industry’s favorite senators looks to change how the industry is regulated to allow “market forces to improve rail safety.” In June, Sen. Deb Fischer (R-Neb.), who happens to chair the...
A rare peek inside the Penn Station Central Control room
(Source: Gothamist, July 25, 2017) NEW YORK — Amtrak offered a rare glimpse Tuesday of Penn Station Central Control, a dimly-lit, NASA-esque room where dispatchers seated beneath a massive, rear-projected overview screen have manually directed more than one thousand...
Woman who drove on tracks at fault in fatal Metro-North crash, NTSB finds
(Source: New York Times, July 25, 2017) NEW YORK — The driver of a sport utility vehicle that was hit by a Railroad train caused the accident that killed her and five train passengers when she drove onto the tracks in Westchester County two years ago, the National...
CN reports 2Q 2017 operating results
(Source: Canadian National press release, July 25, 2017) MONTREAL — CN today reported its financial and operating results for the second quarter and six-month period ended June 30, 2017. Second-quarter 2017 financial highlights • Net income increased 20 per cent to...
NS reports 2Q 2017 results
(Source: Norfolk Southern press release, July 26, 2017) NORFOLK, Va. — Norfolk Southern Corporation today reported second-quarter financial results. Second-quarter net income was $497 million, up 23 percent year-over-year, driven by a 15 percent increase in income...
First UP freight train passes through new trench next to San Gabriel Mission
(Source: San Gabriel Valley Tribune, July 25, 2017) SAN GABRIEL, Calif. — A new, $313-million grade separation project successfully received its first freight train on Monday, paving the way for the opening of the San Gabriel Trench located adjacent to the historic...
Working group gives thumbs up to return of Gulf Coast rail
(Source: Panama City News Herald, July 25, 2017) FORT WALTON BEACH, Fla. — A congressionally appointed work group has signaled its support for re-establishing passenger rail service between New Orleans and Orlando, a route that will include a handful of stops in...
Amtrak loses bid to operate new Hartford commuter rail line
(Source: Connecticut Mirror, July 24, 2017) HARTFORD, Conn. — A joint venture of TransitAmerica Services and Alternate Concepts was chosen over Amtrak and three other bidders Monday as operator of the Hartford Line, a commuter rail service to New Haven and Springfield...
East Coast rail future laid out, but it is far from paid for
(Source: Philadelphia Inquirer, July 24, 2017) PHILADELPHIA — A final plan to modernize and revamp Amtrak’s rails on the East Coast came out last week, but without funding, it may not get beyond a drafting table. Full story: Philadelphia Inquirer
BNSF employee injured when Metra train derails in rail yard
(Source: CBS Chicago, July 24, 2017) CHICAGO — A railroad employee was injured when a Metra train derailed Monday morning in a downtown rail yard. The injury is not believed to be life-threatening. Full story: CBS Chicago
Canadian infrastructure bank could be tool by which high-speed rail gets built
(Source: Canadian Press, July 24, 2017) OTTAWA — Washington state is exploring whether Canada's new infrastructure bank could help finance a multibillion-dollar proposal for high-speed rail between Vancouver and the U.S. northwest. Full story: Huffington Post
NTSB to detail findings in deadly 2015 Metro-North train/SUV crash investigation
(Source: Associated Press, July 24, 2017) NEW YORK — The National Transportation Safety Board is scheduled to meet and detail a probe into a 2015 crash between a commuter train and an SUV that killed six people in the New York suburbs, a day after a U.S. official told...
Why the oil industry might prefer rail to pipelines in turbulent times
(Source: Forbes.com, July 19, 2017) NEW YORK — After three years of planning, nearly $4 billion in capital investment and a year of legal disputes and protests, the Dakota Access Pipeline began transporting crude oil from the Bakken Shale region of North Dakota to the...
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