Rail Industry News
TWU Local 234 members approve SEPTA contract
(Source: Philadelphia Inquirer, November 18, 2016) PHILADELPHIA — A contract that ended a weeklong transit strike earlier this month was ratified by union members Friday night, the final approval needed to put the agreement into effect. Full story: Philadelphia...
Railroads push for inclusion in Trump infrastructure plan
(Source: The Hill, November 21, 2016) WASHINGTON, D.C. — A trade group representing major freight railroads and Amtrak is urging President-elect Donald Trump to include the rail industry in any infrastructure proposals Full story: The Hill
California bullet train authority decides to buy American after all
(Source: Los Angeles Times, November 18, 2016) LOS ANGELES — The California High Speed Rail Authority has reversed its plans to buy foreign parts for its trains, saying in a letter to federal regulators that it was withdrawing a request for a waiver from the Buy...
After Hoboken crash, regulators targeting sleep apnea
(Source: Associated Press, November 21, 2016) NEW YORK — Federal regulators are urging railroads across the country to test train operators for obstructive sleep apnea after the engineer in September's deadly New Jersey commuter train crash was found to have the...
Metro-North buying 60 new rail cars, 10 bar cars
(Source: The Hour, November 17, 2016) NORWALK, Conn. — Metro-North is buying 60 new M8 rail cars for the New Haven Line, including 10 bar cars to keep commuters happy during trips within Connecticut and to and from Manhattan. Full story: The Hour
Union Pacific announces appointments
(Source: Union Pacific press releases, November 17, 2016) OMAHA, Neb. — Union Pacific Corporation today announced that Deborah Chase Hopkins has been elected to the company's board of directors, effective Jan. 1, 2017. Hopkins, 62, is the founder and chief executive...
TSB recommendation for backup safety defenses for rail signal indications ‘outstanding for over 10 years’
(Source: Canadian Underwriter, November 16, 2016) TORONTO — The Transportation Safety Board of Canada reiterated Tuesday a recommendation that Transport Canada and the rail industry “implement additional backup safety defenses” in order to ensure train crew members...
Big business isn’t doing its part to help families
(Source: International Brotherhood of Teamsters press release, November 17, 2016) WASHINGTON, D.C. — The issue of paid family leave continues to get the attention of the public because of the great need for it. But a new report shows that too many companies seem to be...
UP announces new share repurchase program and 10 percent dividend increase for 4Q 2016
(Source: Union Pacific press release, November 17, 2016) OMAHA, Neb. — Union Pacific Corporation announced that its Board of Directors today approved the early renewal of its share repurchase program, authorizing the repurchase of up to 120 million common shares by...
UP offers reward for info about Minnesota train derailment
(Source: Pioneer Press, November 17, 2016) ST. PAUL, Minn. — Union Pacific railroad officials are offering a $2,000 reward for information that leads to the arrest and conviction of the person responsible for last week’s multi-car train derailment in West Lakeland...
KCS could transfer funds to U.S. from Mexico
(Source: Reuters, November 17, 2016) NEW YORK — The head of U.S. railroad Kansas City Southern said on Thursday the company could transfer money from Mexico to the United States if President-elect Donald Trump lowers taxes for those transactions, even as the company...
Video: Amtrak CEO on new trains, Trump’s promises on infrastructure
(Source: CBS News, November 17, 2016) NEW YORK — Amtrak is moving forward under new leadership and watching President-elect Donald Trump, who’s promising investment in America’s infrastructure. Full story and video: CBS News
Tentative deal that ended SEPTA strike may not get union approval
(Source: Philadelphia Inquirer, November 17, 2016) PHILADELPHIA — A contract that ended a weeklong transit strike in Philadelphia is scheduled to be approved Friday night by the Transport Workers Union, but the labor group's president expressed concern that an...
AAR calls on STB to halt all major rulemakings until Trump administration takes office
(Source: Association of American Railroads press release, November 17, 2016) NEW YORK — The head of the freight rail industry's main trade organization said today the U.S. Surface Transportation Board (STB) should defer a handful of widely panned regulatory proposals,...
Oversight body approved for Amtrak’s $24 billion Gateway project
(Source: Reuters, November 17, 2016) NEW YORK — A regional transportation authority for New York and New Jersey on Thursday approved the formation of a municipal corporation to oversee construction of Amtrak's massive $24 billion Gateway rail transportation project....
AAR: Total rail traffic down 0.5 percent from 2015 for week ending November 12
(Source: Association of American Railroads press release, November 16, 2016) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 12, 2016. For this week, total U.S. weekly rail traffic was...
Amtrak: ‘Exceptionally strong’ FY 2016 results
(Source: Railway Age, November 17, 2016) NEW YORK — Amtrak reported on November 17 "exceptionally strong unaudited financial results for the fiscal year, which ended on September 30, 2016 (FY 2016), including an all-time unaudited ticket revenue record of $2.14...
Amtrak sets revenue, ridership records in fiscal 2016
(Source: www.Njbiz.com, November 17, 2016) WASHINGTON, D.C. — It was a strong year for Amtrak, as the nation's passenger railroad set records for ticket revenue and number of riders, while posting its lowest operating loss in more than 40 years. Full story:...
Operation Lifesaver announces new members on Board of Directors
(Source: Operation Lifesaver press release, November 16, 2016) WASHINGTON, D.C. — Bonnie Murphy, President and CEO of Operation Lifesaver, Inc. (OLI), announced the addition of several new members for the national nonprofit organization’s Board of Directors and...
Amtrak seeks firm to develop property near Philly’s 30th Street Station
(Source: Progressive Railroading, November 16, 2016) Amtrak plans to issue a request for proposals (RFP) for the long-term lease and development of property adjacent to Philadelphia's 30th Street Station, the railroad's third busiest station. Full story: Progressive...
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