Rail Industry News
FRA to fine railroads that fail to implement Positive Train Control
(Source: Reuters, June 24, 2015) WASHINGTON, D.C. — U.S. railroads that fail to implement a safety technology system known as positive train control, or PTC, will face federal fines beginning Jan. 1, the top federal railroad regulator said on Wednesday. Sarah...
FRA intends to enforce Positive Train Control deadline
(Source: USA Today, June 24, 2015) WASHINGTON, D.C. — Federal officials plan to enforce a Dec. 31 deadline for installing equipment to prevent train crashes, even though they know most passenger and freight railroads won’t be able to meet it. Full story: The News...
Philly hospitals lauded for quick, coordinated response to Amtrak injuries
(Source: CBS Philadelphia, June 23, 2015) PHILADELPHIA — Pennsylvania’s Health Secretary gave recognition awards to the Philadelphia hospitals that treated 200 injured passengers on the night the Amtrak derailment last month. Full story: CBS Philadelphia
Hoffa statement on Senate fast track cloture vote
(Source: International Brotherhood of Teamsters press release, June 23, 2015) WASHINGTON, D.C. — The following is the official statement of Teamsters General President Jim Hoffa in response to the Senate’s decision to invoke cloture and cut off debate on the fast...
TSB: Undetected wheel defect, track damage led to January 2014 oil train derailment in New Brunswick
(Source: Transportation Safety Board of Canada press release, June 19, 2015) MONCTON, New Brunswick — In its investigation report (R14M0002) released today, the Transportation Safety Board of Canada (TSB) determined that a wheel with an undetected defect broke,...
Canada files new charges in Lac-Megantic disaster
(Source: Globe and Mail, June 22, 2015) TORONTO — Nearly two years after the Lac-Mégantic oil train explosion killed 47 people and leveled the small Quebec town, the federal Canadian government has laid new criminal charges. Six former employees of the Montreal, Maine...
Battle over new oil train standards pits safety against cost
(Source: National Public Radio, June 19, 2015) NEW YORK — The federal government's new rules aimed at preventing explosive oil train derailments are sparking a backlash from all sides. "We're talking about unit trains, 70 or more cars, that are transporting an...
Once shunned for oil, ethanol makes a comeback on the rails
(Source: Reuters, June 23, 2015) NEW YORK — Sinking lease rates, weak crude prices and tough new safety measures for transporting oil by rail have spurred a resurgence in hauling ethanol on the U.S. rail network, as some train companies convert tank cars to carry more...
Amtrak NEC service back after storms, but delays likely
(Source: Associated Press, June 23, 2015) PHILADELPHIA, Pa. — Amtrak service that was shut down because of severe thunderstorms in Pennsylvania has resumed. Amtrak says service on the Northeast Corridor was halted during the Tuesday evening rush hour but was restored...
Senate bill would give Amtrak nearly $1.4 billion
(Source: The Hill, June 23, 2015) WASHINGTON, D.C. — A Senate bill to fund transportation and housing programs would provide Amtrak with nearly $1.4 billion next year, much more than the amount allocated by the House, according to a summary prepared by the Senate...
Railroad stocks are slumping in 2015
(Source: CNN, June 17, 2015) NEW YORK — They've been hurt by the U.S. economy's sluggish growth this winter and the big slide in energy prices. There's a lot to glean from what's happening to the railroads. Many of the issues that have impacted America's economy --...
Canadian Pacific says it is cooperating with safety probe
(Source: Reuters Canada, June 22, 2015) OTTAWA — Canadian Pacific Railway Ltd said on Monday it is cooperating with a new federal safety investigation, after a media report raised allegations that it failed to apply adequate brakes when parking a train carrying...
Canadian Pacific investigated for 57-car train allegedly left without hand brakes near Revelstoke
(Source: Calgary Herald, June 22, 2015) CALGARY — Transport Canada’s Rail Safety Division says a Canadian Pacific Railway conductor was ordered to leave unattended a 57-car train containing tanker cars carrying dangerous goods without securing its emergency hand...
House to hold hearing today on implementation of Positive Train Control
(Source: The Hill, June 24, 2015) WASHINGTON, D.C. — Lawmakers in the House are planning to probe the progress of railroads implementing an automated train navigation system known as positive train control on Wednesday. The House Transportation and Infrastructure...
CSX to release 2Q 2015 financial information on July 15
(Source: CSX press release, June 17, 2015) JACKSONVILLE, Fla. — CSX Corporation will release second-quarter financial and operating results on Tuesday, July 14, 2015, after the market close. The company will host an earnings conference call from 8:30 a.m. to 9:30 a.m....
Louisville & Indiana, CSX close on joint infrastructure upgrade project between Indianapolis and Louisville
(Source: L&I and CSX press release, June 19, 2015) CHICAGO, Ill. and JACKSONVILLE, Fla. — Louisville & Indiana Railroad (L&I), a subsidiary of Anacostia Rail Holdings, and CSX today announced the completion of an agreement that grants CSX a permanent easement to...
Booker/Wicker bill makes passenger rail funding plot thicker
(Source: Railway Age, June 19, 2015) NEW YORK — U.S. Senators Cory Booker (D-N.J.) and Roger Wicker (R-Miss.) introduced the “Railroad Reform, Enhancement, and Efficiency Act” on June 19, 2015. The senators say the bill is written to “improve passenger rail safety,...
AAR: Total weekly rail traffic down 1.9 percent from 2014 levels for week ending June 13
(Source: Association of American Railroads press release, June 17, 2015) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending June 13, 2015. For this week, total U.S. weekly rail traffic was 554,461...
BNSF charging lower rates for most-modern crude by rail cars
(Source: Bloomberg, June 16, 2015) NEW YORK — Burlington Northern Santa Fe, the largest U.S. crude-by-rail carrier, is offering lower rates to transport oil in cars that meet the latest federal specifications issued in May. That means the vast majority of cars riding...
Feds want rail transit agencies and states to pay more to maintain Northeast Corridor
(Source: Philadelphia Inquirer, June 18, 2015) PHILADELPHIA — Northeast states and transit agencies - including SEPTA and NJ Transit - are being asked to pay more to maintain the heavily traveled rail corridor between Washington and Boston that they share with Amtrak....
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