Rail Industry News
Berkshire Hathaway’s big railroad deal
(Source: Bloomberg, November 11, 2016) NEW YORK — President-elect Donald Trump has vowed to Make America Great Again. But one investor, Warren Buffett, has invested billions under the assumption that it already is. Full story: Bloomberg
Workers at Parsec Intermodal Company vote to join Teamsters Local 986
(Source: International Brotherhood of Teamsters press release, November 10, 2016) WASHINGTON, D.C. — Workers at Parsec, Inc. in Commerce, Calif., an intermodal rail transportation company, voted overwhelmingly this week to form their union as members of Local 986,...
California bullet train officials seek exemption from Buy American provisions
(Source: Los Angeles Times, November 13, 2016) LOS ANGELES — The Federal Railroad Administration disclosed last week that the California High-Speed Rail Authority was seeking exemptions from the Buy American Act on more than a dozen critical train parts including...
Editorial: It’s worse than anyone thought at NJ Transit
(Source: Editorial in the Star-Ledger, November 13, 2016) NEWARK, N.J. — On Oct. 21, the commissioner for the state's Department of Transportation told lawmakers that all those economic sob stories were exaggerated, and that New Jersey Transit has "sufficient money to...
Pinched by fewer energy products, rail carriers broadening customers
(Source: Pittsburgh Post-Gazette, November 14, 2016) PITTSBURGH, Pa. — This year will be another disappointing one for freight rail carriers hauling fewer carloads of coal and natural gas drilling supplies through southwestern Pennsylvania. Full story: Pittsburgh...
What’s ahead for the energy railway industry after crude by rail went bust?
(Source: Platts, November 11, 2016) ARLINGTON, Va. — “Maybe we’ll talk about shipping water by rail at the next Railway Age gathering in 2017,” is what several delegates said at the Energy by Rail conference in Arlington, Virginia in October. The crude by rail...
President Obama statement on Veterans Day 2016
(Source: White House press release, November 8, 2016) WASHINGTON, D.C. — The following is a President Proclamation from Barack Obama honoring veterans and their families on Veterans Day 2016. A PROCLAMATION America has long stood as a beacon of hope and opportunity,...
Will the ‘Trump train’ lead to more passenger trains in Alabama?
(Source: www.al.com, November 10, 2016) MOBILE, Ala. — Alabama passenger rail supporters hope that the phrase "Trump train" is more than a metaphor. They'll be pressing the new administration to bring back actual trains to the state, particularly the Gulf Coast. Full...
Man who posed as federal agent during Amtrak derailment sentenced to probation
(Source: Philadelphia Inquirer, November 11, 2016) PHILADELPHIA — A police vest and a federal law enforcement title helped ensure that Michael Alvaro often found a place at the center of a crisis. Full story: Philadelphia Inquirer
CSX looks beyond fourth quarter
(Source: Railway Age, November 10, 2016) NEW YORK — CSX Corporation Executive Vice President and Chief Operating Officer Cindy Sanborn updated investors and analysts on Nov. 9 at Baird’s 2016 Industrial Conference in Chicago regarding the company’s expectations for...
NTSB releases final report on 2015 BNSF foreman fatality
(Source: EHS Today, November 10, 2016) NEW YORK — The National Transportation Safety Board released a final report into its investigation of a Burlington Northern and Santa Fe Railway incident on May 25, 2015 that left one employee dead. The incident, which happened...
TCU/IAM elevates Hollis and Gunn to Vice-President positions
(Source: TCU/IAM press release, November 6, 2016) WASHINGTON, D.C. — TCU/IAM Executive Council has elected National Representatives Matt Hollis and Mary Gunn to serve as National Vice-Presidents. Hollis, 32, began his Railroad employment in February 2004 for CSXT...
NJ Transit racing to install PTC by end of 2018
(Source: www.nj.com, November 10, 2016) NEWARK, N.J. — NJ Transit is racing to install thousands of pieces of equipment along hundreds of miles of track — and in more than 400 trains — in a $275 million effort to have Positive Train Control running by federally...
NS VP Hixon sells $3.3 million in company stock
(Source: Marea Informative, November 10, 2016) NEW YORK — Norfolk Southern Corp. VP James A. Hixon sold 35,247 shares of the firm’s stock in a transaction dated Wednesday, November 9. The shares were sold at an average price of $96.10, for a total value of...
Railroad stocks rally on Trump, except KCS
(Source: CNN, November 10, 2016) NEW YORK — Donald Trump has pledged to resurrect the coal industry. If he follows through on that promise, that's great news for many railroads, which can generate big sales from transporting coal across the country. Union Pacific, CSX...
NTSB to unveil 2017-2018 Most Wanted List of safety improvements on November 14
(Source: National Transportation Safety Board press release, November 2, 2016) WASHINGTON, D.C. — The National Transportation Safety Board’s will unveil its 2017-2018 Most Wanted List of Transportation Safety Improvements during a media briefing scheduled for 2 p.m.,...
SEPTA workers would get pay increase but face increased healthcare costs under tentative deal
(Source: Philadelphia Inquirer, November 11, 2016) PHILADELPHIA — The transit union that shut down the city's buses, trolleys, and subways last week revealed Thursday the outlines of the agreement that resolved the strike. The deal is pending a ratification vote next...
AAR: Rail traffic up 0.7 percent from 2015 for week ending November 5
(Source: Association of American Railroads press release, November 9, 2016) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 5, 2016. For this week, total U.S. weekly rail traffic was 543,377...
Will Trump support high-speed rail in California?
(Source: San Francisco Chronicle, November 10, 2016) SAN FRANCISCO — One unexpected benefit of Donald Trump's election as the next President of the United States could be additional future federal funding for California's high-speed rail system. Full story: San...
CP asks Canadian government to reduce number of hours engineers can spend at control of trains
(Source: Calgary Herald, November 10, 2016) CALGARY — Canadian Pacific Railway said Thursday it will ask Transport Canada to reduce the number of hours railway employees can spend at the controls of a train under Canadian law. Full story: Calgary Herald
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