Rail Industry News
Investors see buying opportunity in Union Pacific
(Source: Guru Focus, June 14, 2016) NEW YORK — Union Pacific should be of interest to long-term dividend growth investors, especially since the stock has pulled back on weak commodity fundamentals. Full story: www.gurufocus.com
Local leaders ask Oregon, Washington governors to ban oil by rail
(Source: Associated Press, June 14, 2016) PORTLAND, Ore. — Portland and Multnomah County leaders on Tuesday urged the governors of Oregon and Washington to push Congress for a permanent ban on oil-by-rail in the wake of a fiery train derailment along the Columbia...
Washington state ramping up inspections of railroad tracks
(Source: www.king5.com, June 14, 2016) SEATTLE — Washington's Utility and Transportation Commission inspectors along with teams from the Federal Railroad Administration are inspecting tracks running on the north bank of the Columbia River Gorge. Another team combining...
NJ Transit to present budget, address $46 million gap
(Source: Associated Press, June 15, 2016) NEWARK, N.J. — New Jersey Transit is due to present a proposed $2.1 billion operating budget for the coming fiscal year that doesn’t include any fare increases. Full story: Washington Times
Worker laws need updating to address modern families
(Source: International Brotherhood of Teamsters press release, June 14, 2016) WASHINGTON, D.C. — Some basic U.S. laws – especially the Social Security Act and the 1938 law enacting the minimum wage and the right to overtime pay – must be changed to account for...
PATH plans PTC install, CBTC upgrade on 33rd Street line for August
(Source: Railway Track & Structures, June 13, 2016) NEW YORK — Port Authority Trans Hudson (PATH) plans to suspend weekend service on its 33rd Street line in Manhattan, N.Y., beginning in August to progress an upgrade to its signal system, including installation of...
Lawsuits delays cost California high-speed rail 17 months and $63 million
(Source: Associated Press, June 14, 2016) SACRAMENTO, Calif. — Another $63 million was added Tuesday to the cost of California's high-speed rail project and the completion date for the first 29-mile leg was pushed back 17 months to August 2019, after the state won a...
Teamster pilots reach impasse in negotiations with Kalitta Air
(Source: International Brotherhood of Teamsters press release, June 13, 2016) WILMINGTON, Ohio — After more than five years of negotiations for a new labor agreement with Kalitta Air, LLC, the cargo airline based in Ypsilanti, Michigan, the union representing its...
Amsted Rail laying off 155 in Bessemer as it idles plant
(Source: www.al.com, June 13, 2016) BIRMINGHAM, Ala. — Amsted Rail is laying off 155 workers as it idles its Bessemer wheel facility, according to records from the Department of Commerce. Full story: www.al.com
Layoffs hit CN workers in Prince George
(Source: Prince George Citizen, June 7, 2016) PRINCE GEORGE, B.C. — CN Rail employees in Prince George were among those caught in a round of layoffs, a company spokesman has confirmed. Full story: Prince George Citizen
NS stores idle locomotives at Roanoke rail yard
(Source: WDBJ 7, June 13, 2016) ROANOKE, Va. — More than one hundred are now sitting in the rail yard between the Virginia Museum of Transportation and the Norfolk Southern shop at Shaffer's Crossing. Full story: www.wdbj7.com
Can a Rochester-Twin Cities high-speed rail line be built without any public money?
(Source: MinnPost, June 13, 2016) ROCHESTER, Minn. — Forces are aligning in Minnesota to bring foreign and domestic funders together on the world’s first privately capitalized high-speed rail (HSR) corridor — a 77-mile, 200 mph train that will connect the MSP region...
Groundbreaking expected next year for Houston-Dallas bullet train
(Source: YourHoustonNews, June 12, 2016) HOUSTON — Texas does big things. Texas Central Partners, LLC (Texas Central), a private company that is leading the bullet train project coming to Texas, is developing a new high-speed passenger rail system that will connect...
Via Rail strike averted after tentative deal reached with union
(Source: CBC News, June 12, 2016) WINNIPEG — Rail travellers in Canada won't have to make alternate travel arrangements for Monday after all. Full story: CBC News
Cuomo, leaders announce New York grade crossing safety deal
(Source: Poughkeepsie Journal, June 13, 2016) ALBANY, N.Y. — New York will expand safety measures at grade crossings as part of a package of bills set for approval this week. Full story: Poughkeepsie Journal
D.C. Circuit: NLRB can award union bargaining expenses
(Source: International Brotherhood of Teamsters press release, June 13, 2016) WASHINGTON, D.C. — Employers who engage in unfair labor practices can be forced to pay a union’s bargaining expenses, a federal appeals court ruled Friday, a move that could helped organized...
Federal, state regulators inspect tracks in Columbia River Gorge
(Source: The Columbian, June 13, 2016) OLYMPIA, Wash. — Federal and state investigators will inspect railroad tracks along the Columbia River Gorge between Vancouver and Pasco this week. Full story: The Columbian
Work to clear derailed Howard Tunnel train expected to take more than 24 hours
(Source: Baltimore Sun, June 13, 2016) BALTIMORE, Md. — CSX crews began uncoupling and removing train cars Monday evening from the Howard Street Tunnel in Baltimore, starting the process of clearing a derailment that shut down freight traffic through the city earlier...
Nine cars remain from CSX derailment in Baltimore tunnel
(Source: Baltimore Sun, June 14, 2016) BALTIMORE, Md. — Nine derailed train cars remain at a Baltimore tunnel Tuesday after a section of a CSX freight train jumped the track Monday morning Full story: Baltimore Sun
First look: Rail cars for new Florida passenger train
(Source: USA Today, June 10, 2016) SACRAMENTO, Calif. — Taking shape inside a factory here are the privately run trains that will soon carry millions of Floridans and visitors to the Sunshine State as they zip between Miami and Orlando. Full story: USA Today
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