Rail Industry News
Schumer joins call for stabilizing crude oil trains
(Source: The Journal News, March 4, 2015) WASHINGTON, D.C. — Democratic Sen. Chuck Schumer of New York is joining the chorus of public officials calling for steps to make crude oil less volatile before it's put into freight rail tank cars. Full story: www.lohud.com
Canadian Pacific wants to limit shipments of dangerous goods
(Source: Globe and Mail, March 4, 2015) TORONTO — Canadian Pacific Railway Ltd. wants the power to refuse to haul dangerous goods, a signal it has grown weary of the risks and regulations that accompany the business of hauling oil. Full story: Globe and Mail
CSX softens outlook for crude by rail shipments amid price slump
(Source: Reuters, March 4, 2015) NEW YORK — CSX Corp has softened its growth projections for crude rail shipments as a sustained price slump has weakened demand, a company executive said Wednesday. Full story: Reuters
Teamsters and labor allies urge Congress to oppose Fast Track
(Source: International Brotherhood of Teamsters press release, March 4, 2015) WASHINGTON, D.C. — Teamsters from around the country joined their union brothers and sisters on Capitol Hill today to meet with members of Congress to discuss their continued opposition to...
Alabama scores U.S. Supreme Court win in tax fight with CSX
(Source: Transport Topics, March 4, 2015) WASHINGTON, D.C. — The U.S. Supreme Court reversed a ruling that offered railroads the prospect of a multimillion-dollar victory in a dispute over the different fuel taxes the states impose on trains, trucks and cargo ships....
Hunter Harrison says CP Rail will use management to maintain 100 percent capacity in event of another strike
(Source: Calgary Herald, March 4, 2015) CALGARY, Alberta — Canadian Pacific Railway Ltd.’s practice of training managers to drive and load trains means the company will be able to operate without a hitch in the event of a future rail strike, said CEO Hunter Harrison...
House passage of Amtrak bill could be a boost to Northeast Corridor service
(Source: Associated Press, March 4, 2015) WASHINGTON, D.C. — In a rare burst of bipartisanship, the House moved Wednesday to boost Amtrak's popular service between Boston and Washington while giving states a greater say in the local routes they help subsidize. In a...
PRRIA passes U.S. House; Amtrak-killing amendment squashed
(Source: Railway Age, March 5, 2015) NEW YORK — The U.S. House of Representatives on March 4, 2015 passed the Passenger Rail Reform and Investment Act of 2015 (PRRIA, H.R.749) “with widespread bipartisan support,” according to Railroads, Pipelines and Hazardous...
House passes $8 billion Amtrak funding bill
(Source: The Hill, March 4, 2015) WASHINGTON, D.C. — The House passed legislation on Wednesday authorizing nearly $8 billion in funding for Amtrak in a 316-101 vote. The vote badly divided Republicans, as all of the no votes came from the GOP. The measure wouldn't...
Long Beach joins environmental coalition in opposition to BNSF’s rail yard project
(Source: Daily Breeze, March 3, 2015) LONG BEACH, Calif. — A coalition of environmental groups, air quality regulators, businesses, the city of Long Beach and the state have filed initial legal briefs opposing construction of a planned rail loading facility near the...
BNSF starts replacing rail in Casselton near derailment site
(Source: Grand Forks Herald, March 3, 2015) CASSELTON, N.D. — BNSF started laying rail Monday to replace the old track near Casselton. Crews will be laying the quarter mile-long pieces next to the track from now until next week. Full story: Grand Forks Herald
Senator Cantwell to push tougher oil train rules
(Source: The Columbian, March 3, 2015) VANCOUVER, Wash. — U.S. Sen. Maria Cantwell said Tuesday that she plans to introduce federal legislation calling for stricter regulations on oil-by-rail tankers and a swifter phase out of older tankers. Cantwell, D-Washington,...
Higher oil prices may be best way to prevent exploding trains
(Source: Bloomberg, March 4, 2015) NEW YORK — Wreckage from the latest oil train explosion hadn't been cleared from the crash site in West Virginia last week when President Obama vetoed legislation that would have approved construction of the Keystone XL pipeline. The...
Kansas City Southern SVP Wochner sells $2.33 million in company stock
(Source: Dakota Financial News, March 4, 2015) NEW YORK — Kansas City Southern SVP William J. Wochner sold 20,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, March 2. The shares were sold at an average price of $116.68,...
Unspectacular work marks first California high-speed rail construction
(Source: Fresno Bee, March 3, 2015) FRESNO, Calif. — It’s not as spectacular or as visible as building a bridge or an overpass, but after years of delays, some construction finally is happening on California’s ambitious high-speed rail project. Full story: Fresno...
First Student school bus workers in Savannah ratify Teamster contract that provides summer pay, 401(k)
(Source: International Brotherhood of Teamsters press release, March 3, 2015) SAVANNAH, Ga. — First Student drivers, monitors and technicians who provide school bus service to Georgia’s Chatham County schools have ratified a new contract that provides summer pay. The...
Despite bottlenecks, BNSF profits chug along in 4Q 2014
(Source: Omaha World-Herald, March 4, 2015) OMAHA, Neb. — BNSF Railway might be grappling with a congested network, but the Berkshire Hathaway-owned railroad says fourth-quarter profit rose 6 percent on higher shipments of farm crops and industrial goods....
BNSF drove revenue up, operating ratio down during 4Q 2014
(Source: Progressive Railroading, March 3, 2015) BNSF Railway Co.'s revenue eclipsed the $6 billion mark in fourth-quarter 2014 primarily because of strong industrial products, agricultural products and coal business, according to a financial performance summary...
Amtrak vote bumped by DHS bill
(Source: The Hill, March 3, 2015) WASHINGTON, D.C. — The House has pushed back a vote on a nearly a nearly $8 billion funding bill for Amtrak that was scheduled for a final taplly on Tuesday. The measure, which provides Amtrak about $1.7 billion per year for the next...
BLET member injured in last week’s Metrolink derailment dies
(Source: Associated Press, March 3, 2015) LOS ANGELES — A train engineer from Homeland died Tuesday, March 3, a week after he was gravely injured in a crash and derailment in Oxnard, officials said. Glenn Steele, 62, died at Cedar Sinai Medical Center in Los Angeles,...
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