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Rail Industry News

NJ Transit spending is tough to track

(Source: Bloomberg, November 22, 2016) NEW YORK — As New Jersey Transit pays record fines and leads the nation on commuter rail breakdowns, the agency has squelched public scrutiny of how it spends hundreds of millions of dollars on day-to-day operations. Full story:...

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NS VP Hurlbut sells $49,000 in company stock

(Source: Baseball News Source, November 21, 2016) NEW YORK — Norfolk Southern Corp. VP Thomas E. Hurlbut sold 469 shares of the company’s stock in a transaction that occurred on Friday, November 18. The shares were sold at an average price of $103.77, for a total...

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Downeaster now making 3 trips daily to Brunswick

(Source: Associated Press, November 22, 2016) AUGUST, Maine — Amtrak's Downeaster train is now making three trips each day from Boston to Freeport and Brunswick. The service on Monday added a new late morning southbound departure and an early afternoon northbound...

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Jaxport opens new rail terminal

(Source: Progressive Railroading, November 18, 2016) The Jacksonville Port Authority (JAXPORT) has opened its new $30 million Intermodal Container Transfer Facility, port officials announced yesterday. Full story: Progressive Railroading

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115 killed after train derails in north India

(Source: Associated Press, November 21, 2016) PUKHRAYAN, India — At least 115 people were killed when an overnight passenger train rolled off the track in northern India early Sunday, with rescuers working into the night to pull people out of the mangled coaches,...

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