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Rail Industry News

Schumer touts steps to lessen oil train risk

(Source: Albany Times Union, November 16, 2016) ALBANY, N.Y. — In the waning days of the administration of President Barack Obama, federal regulators will take tentative steps to study stricter flammability standards for crude oil shipped in massive oil trains, U.S....

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Broken rail caused fiery CN crash in 2014

(Source: Saskatoon Star Phoenix, November 16, 2016) SASKATOON — A “sudden and catastrophic failure” of a 57-year-old rail that had been exposed to higher-than-expected traffic led to a fiery derailment east of Saskatoon in 2014, according to a Transportation Safety...

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NS EVP Stewart sells $400,000 in company stock

(Source: Marea Informative, November 17, 2016) NEW YORK — Norfolk Southern Corp. EVP Marta R. Stewart sold 3,987 shares of the company’s stock in a transaction that occurred on Friday, November 11. The shares were sold at an average price of $100.49, for a total value...

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