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Rail Industry News

Amtrak unveils new locomotive to honor veterans

(Source: The News Journal, June 30, 2015) WILMINGTON, Del. — Sen. Tom Carper addressed a crowd of about 200 Amtrak workers donning hard-hats at a ceremony today to unveil an Old Glory-colored locomotive with the words, "Amtrak's railroad salutes our veterans." Full...

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‘Rail-mageddon’ nears, Credit Suisse warns

(Source: Benzinga, June 30, 2015) NEW YORK — In a report published Tuesday, Credit Suisse analyst Allison Landry lowered her earnings per share estimates on rail companies for the second time this quarter. Landry stated in a research note at the end of May that while...

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Amtrak: We must do something transformational, now

(Source: Railway Age editorial by Dr. Francis P. Mulvey, June 30, 2015) NEW YORK — Amtrak’s May 12th Philadelphia train derailment has renewed focus on funding Amtrak. With more than 200 people injured and eight fatalities, the debate has shifted from “Can we agree to...

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Pa. Senator Casey rails against Amtrak funding cut

(Source: The Hill, June 26, 2015) WASHINGTON, D.C. — Sen. Bob Casey (D-Pa.) is criticizing House Republicans for moving to cut Amtrak's funding after a recent deadly crash in his home state. The cut — about $270 million — was included in a $55 billion funding bill for...

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Amtrak to unveil locomotive dedicated to veterans

(Source: NBC Philadelphia, June 29, 2015) PHILADELPHIA — On Monday, Amtrak will unveil a new locomotive that is dedicated to anyone who has served in the United States Armed Forces. The event, which will be held in Wilmington, will introduce the “Veteran’s Locomotive...

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UP using super-long rail lengths to replace worn tracks

(Source: Omaha World-Herald, June 29, 2015) OMAHA, Neb. — The Omaha-based railroad is now the first large U.S. railroad to employ superlong rail lengths to replace worn track. The 480-foot pieces of rail — one is the length of 1½ football fields — requires 88 percent...

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