Rail Industry News
After Amtrak disaster, rail firms ramp up lobbying to delay safety regulations
(Source: FirstLook.org, July 24, 2015) WASHINGTON, D.C. — Despite the renewed pressure for Amtrak and other companies to meet the deadline for installation of Positive Train Control, Congress appears poised to provide a three-year delay as the rail industry has...
UP declares 3Q 2015 dividend
(Source: Union Pacific press release, July 30, 2015) OMAHA, Neb. — The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 55 cents per share on the company's common stock, payable September 30, 2015, to shareholders of record August...
Union Pacific elects Lance Fritz Chairman of the Board, succeeding Jack Koraleski
(Source: Union Pacific press release, July 30, 2015) OMAHA, Neb. — Union Pacific's board of directors today elected Lance M. Fritz chairman, president and chief executive officer effective October 1. Fritz, 52, was elected president and chief executive officer...
NTSB’s ‘long battle’ to keep U.S. travelers safe
(Source: CBS News, July 31, 2015) WASHINGTON, D.C. — NTSB are the initials you hear most often after a disaster on the road, rails or in the skies. Full story: CBS News
Pa. Senator Casey calls for more federal rail bridge inspectors
(Source: Pittsburgh Post-Gazette, July 30, 2015) HARRISBURG, Pa. — U.S. Sen. Bob Casey on Thursday called for increasing the number of federal rail bridge inspectors, saying the government has too few workers overseeing the safety of more than 70,000 bridges in the...
After fiery Casselton derailment, N.D. expected to launch state-run rail inspection program
(Source: Grand Forks Herald, July 28, 2015) BISMARCK, N.D. — North Dakota regulators are expected to sign a deal with the Federal Railroad Administration on Wednesday that will allow the state to launch a rail safety program funded by the Legislature and proposed...
Gateway tunnel, like NJ commuters, going nowhere fast
(Source: NJ Spotlight, July 31, 2015) NEWARK, N.J. — Christie and Cuomo agree Amtrak’s proposed trans-Hudson tunnel is important, but come up short when it comes to a plan Full story: www.njspotlight.com
Canada’s transportation watchdog looking into CN collision involving 91-car runaway train
(Source: Globe and Mail, July 30, 2015) TORONTO — The country’s transportation watchdog is investigating a collision involving a runaway train at Canadian National Railway Co.’s rail yard north of Toronto. The Transportation Safety Board says a section of rail cars...
CP Rail reaches tentative six-year deal with Brotherhood of Railway Carmen/TCU
(Source: Canadian Pacific Railway press release, July 29, 2015) CALGARY, Alberta — Canadian Pacific is pleased to announce that a tentative six -year agreement has been reached with the Brotherhood of Railway Carmen (BRC-TCU), a division of the Transportation and...
Obama nominates former head of MBTA to position at NTSB
(Source: CBS Boston, July 30, 2015) BOSTON — President Obama has nominated Beverly Scott, the controversial former head of the MBTA to a key administrative position. The White House announced on Thursday that Scott was nominated as a member of the National...
Teamsters: Some in Congress set sights on the union movement
(Source: International Brotherhood of Teamsters press release, July 30, 2015) WASHINGTON, D.C. — Anti-union lawmakers are at it again. Not satisfied with ever-growing income inequality in the U.S. and huge corporate profits, several members of Congress are looking to...
AAR: Weekly rail traffic down 2.5 percent from 2014 for week ending July 25
(Source: Association of American Railroads press release, July 29, 2015) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 25, 2015. For this week, total U.S. weekly rail traffic was 557,612...
Restrictions continue as Amtrak repairs tunnel cables
(Source: NBC New York, July 30, 2015) NEW YORK — Amtrak workers continued repairs Thursday on a 300-foot-long section of electrical cable in the railroad's tunnel under the Hudson River as officials work around them to determine what caused power failures last week...
Senate approves transportation bill that would delay Positive Train Control deadline by three years
(Source: www.nj.com, July 30, 2015) WASHINGTON, D.C. — The U.S. Senate on Thursday voted to delay a year-end deadline for railroads to install automatic speed control equipment that would have averted a fatal Amtrak crash several months ago. The Senate passed $350...
Historical marker commemorates first steam railroad in Michigan’s Upper Peninsula
(Source: Associated Press, July 30, 2015) MARQUETTE, Mich. — A historical marker has been placed in Marquette to commemorate the location of the first steam railroad in the Upper Peninsula. Full story: www.fox28.com
Northern Cheyenne tribe to look for cultural sites along path of proposed railroad
(Source: Associated Press, July 27, 2015) BILLINGS, Mont. — The Northern Cheyenne tribe is planning additional investigations of cultural sites along the path of a proposed railroad that would open new areas of southeastern Montana to large-scale coal mining. Full...
Montana town upset with increased 60 mph speed limit for BNSF trains
(Source: InForum, July 30, 2015) MILES CITY, Mont. — BNSF Railway has a green light to speed through Miles City at up to 60 mph, and the town isn't happy. Full story: www.inforum.com
Man hurt when his chair broke wins $920,000 lawsuit against UP
(Source: Associated Press, July 30, 2015) GERING, Neb. — A man who was injured at a Union Pacific facility when a chair he was sitting on broke has been awarded more than $920,000 by a jury in western Nebraska. Full story: Washington Times
Texas company to expand Port Arthur oil by rail terminal
(Source: Reuters, July 29, 2015) HOUSTON — A private Texas company already well-versed in treating and moving super-light crude oil has acquired a majority stake in a an oil-by-rail terminal in Port Arthur with plans to expand into refined fuels and other liquids....
Amtrak advocates continue to call for funding in Illinois
(Source: Illinois Public Radio, July 29, 2015) SPRINGFIELD, Ill. — Backers of Amtrak and passenger rail service in Illinois are worried the state's serious financial problems will lead to service reductions. Full story: www.wsiu.org
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