Rail Industry News
Streak of falling freight volumes likely to continue as Union Pacific reports 4Q 2015 income tomorrow
(Source: Omaha World-Herald, January 20, 2016) OMAHA, Neb. — Union Pacific is likely to report a fourth straight quarter of declining freight volumes Thursday, a losing streak not seen since a six-quarter string of flat or declining shipments that started in mid-2012....
City of Florence, SC, may gain jobs after CSX consolidation
(Source: Morning News, January 19, 2016) FLORENCE, S.C. — As many as 121 positions could be coming to Florence, which the company designates as a major rail yard. South Carolina’s other major rail yard is in Charleston; CSX also has facilities in Spartanburg,...
Lawmaker asks NS to reconsider consolidation of divisions
(Source: Bluefield Daily Telegraph, January 20, 2016) BLUEFIELD, W.Va. — A West Virginia lawmaker is asking Norfolk Southern to “pause” on the planned consolidation of its Pocahontas and Virginia divisions. Full story: Bluefield Daily Telegraph
Stepped-up enforcement leads to FRA’s highest-ever penalty collection rate
(Source: Federal Railroad Administration press release, January 20, 2015) WASHINGTON, D.C. — The Federal Railroad Administration (FRA) today announced that its stepped-up enforcement of railroad safety regulations led to the highest-ever civil penalty collection rate...
Hoffa: Teamsters stand with Flint during water crisis
(Source: International Brotherhood of Teamsters press release, January 19, 2016) WASHINGTON, D.C. — The following is the official statement of Teamsters General President Jim Hoffa on the Flint, Mich. water crisis. “Over the past month the water crisis in Flint, Mich....
A JB Hunt deal with BNSF or NS could be in play
(Source: Seeking Alpha, January 19, 2016) NEW YORK — A merger between either BNSF or Norfolk Southern and JB Hunt is a possibility as consolidation in the freight industry continues. Full story: Seeking Alpha
CP Rail alleges competitors trying to block NS deal, wants U.S. Justice Department to investigate
(Source: Associated Press, January 19, 2016) OMAHA, Neb. — Canadian Pacific railroad wants the Justice Department to investigate whether other major freight railroads are improperly coordinating opposition to its proposed acquisition of rival Norfolk Southern. Full...
CP’s bid for NS riles U.S. railroads
(Source: Reuters, January 19, 2016) CHICAGO — A legal protest by Canadian Pacific over a meeting among big U.S. railroads about mergers in their industry has highlighted maneuvering in the sector to cope with a rapid downturn and possible consolidation. Full story:...
MBTA runs trains overnight to curb cold-related issues
(Source: Television station WCVB, January 19, 2016) BOSTON — The MBTA is hoping some plans put in place for this winter will minimize cold weather concerns. The MBTA ran empty Red Line trains through stations overnight in an effort to prevent problems later Tuesday...
Texas high-speed rail opponents hope to derail project
(Source: Fort Worth Star-Telegram, January 14, 2016) FORT WORTH, Texas — Thirty-three East Texas officials sent a letter to the Japanese ambassador to the U.S. this week to express opposition to a Texas firm’s proposed high-speed rail line between Dallas and Houston...
Genesee & Wyoming reports traffic for December 2015 and 4Q 2015
(Source: Genesee & Wyoming press release, January 14, 2016) DARIEN, Conn. — Genesee & Wyoming Inc. (G&W) reported traffic volumes for December 2015 and the fourth quarter of 2015. G&W’s traffic in December 2015 was 214,781 carloads, an increase of 40,074 carloads, or...
CSX to test two-mile long train, locomotive engineer says
(Source: The Independent, January 18, 2016) RUSSELL, Ky. — CSX Transportation is expected to test a two-mile long train on January 20, according to a CSX locomotive engineer who did not want to be identified. It is believed that the move is to showcase General...
FRA to scrutinize safety aspects of rail mergers
(Source: Progressive Railroading, January 18, 2016) Although the Federal Railroad Administration (FRA) has no regulatory authority to stop a merger, FRA Administrator Sarah Feinberg said the FRA would expect to scrutinize the "significant safety hurdles" that would...
Rail safety documents heavily redacted or kept secret by Transport Canada
(Source: CBC News, January 19, 2016) OTTAWA — Transport Canada is refusing to publicly release details about a range of safety issues detected on Canada's railways. A CBC investigation has found the federal regulator has withheld — or blacked out key findings in — a...
CSX to consolidate operating divisions
(Source: CSX press release, January 18, 2016) JACKSONVILLE, Fla. — As CSX continues to match its network resources to business demand and drive additional efficiency, the company announced today that it is consolidating its operations administration from 10 divisions...
New Orleans-Mobile passenger rail service inches closer to reality
(Source: Sun Herald, January 15, 2016) GULFPORT — If an Orlando-New Orleans Amtrak route materializes, Coast cities will be waiting at the station. Full story: Sun Herald
NJ Transit’s Raritan Bay drawbridge to be replaced
(Source: Asbury Park Press, December 14, 2016) SOUTH AMBOY, N.J. — For much of its 70 miles, NJ Transit’s North Jersey Coast Line travels through backwoods and ditches on the outskirts of towns. Full story: www.app.com
NS to announce 4Q 2015 results on January 27, 2016
(Source: Norfolk Southern press release, January 18, 2016) NORFOLK, Va. — Norfolk Southern Corporation will announce its fourth-quarter financial results during a conference call and live Internet webcast at 8:45 a.m. ET on Wednesday, Jan. 27, 2016. Quarterly earnings...
Rail crew transportation firm lays of 50 in Tampa after losing CSX contract
(Source: Tampa Bay Business Journal, January 15, 2016) TAMPA, Fla. — Fifty van drivers for Professional Transportation Inc. will be permanently laid off at the company’s Williams Road branch in Tampa on March 15, according to a layoff notice filed with the state. Full...
Crude by rail traffic down, but Virginia officials still bracing for danger on the tracks
(Source: News & Advance, January 12, 2016) LYNCHBURG, Va. — Bakken crude oil shipments by rail have fallen with oil prices, but danger along Virginia’s rails has not gone away, members of the Railroad Safety and Security Task Force said. Full story: News &...
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