Rail Industry News
CSX 1Q 2018 profit jumps to $695 million
(Source: Associated Press, April 17, 2018) OMAHA, Neb. — CSX's first-quarter profit nearly doubled thanks to further cost cuts at the railroad and a restructuring that weighed on its earnings a year ago. The Jacksonville, Florida-based company on Tuesday posted net...
TCRC gives 72-hour strike notice at CP Rail
(Source: Canadian Press, April 17, 2018) CALGARY — The union representing about 3,000 conductors and locomotive engineers at Canadian Pacific Railway Ltd. says it has formally served the company with a 72-hour notice of an intent to strike. The Teamsters Canada Rail...
States risk billions in rail funding without FTA safety OK
(Source: Railway Age, April 16, 2018) NEW YORK — The Federal Transit Administration said states that miss the deadline for certifying rail safety oversight programs are risking billions of dollars in government funding. Full story: Railway Age
Investment company likes CP Rail for crude by rail opportunity amid pipeline spat
(Source: Bloomberg, April 17, 2018) NEW YORK — A C$6.9 billion ($5.5 billion) Fidelity Investments fund is adding to its position in Canadian Pacific Railway Ltd. as a pipeline spat increases the likelihood that energy companies will need rail to get their oil to...
Mudslide halts rail service between Seattle, Everett
(Source: Associated Press, April 16, 2018) SEATTLE — A 20-foot-wide mudslide on the BNSF Railway lines has shut down all commuter-rail service between Seattle's King Street Station and Everett. Full story: San Francisco Chronicle
Teamsters applaud inclusion of labor provision in new FAA reauthorization bill
(Source: International Brotherhood of Teamsters press release, April 16, 2018) WASHINGTON, D.C. — The following is a statement from Teamsters Airline Division Director Capt. David Bourne about the newly introduced FAA Reauthorization Act of 2018, which includes a...
California high-speed rail project faces U.S. DOT audit
(Source: Associated Press, April 13, 2018) SACRAMENTO, Calif. — California’s high-speed rail project is facing an audit from the U.S. Department of Transportation’s as costs continue to climb. Full story: San Jose Mercury News
No one hurt as empty CSX train derails in W.Va.
(Source: Associated Press, April 16, 2018) THURMOND, W.Va. — CSX says an empty coal train has hit a rock slide and derailed in southern West Virginia. No injuries were reported. Full story: www.usnews.com
Homendy nominated to serve on NTSB
(Source: Progressive Railroading, April 13, 2018) President Donald Trump this week announced his intention to nominate Jennifer Homendy of Virginia to serve on the National Transportation Safety Board (NTSB). Full story: Progressive Railroading
Meeting set with Amtrak over West Virginia’s New River train
(Source: Associated Press, April 15, 2018) CHARLESTON, W.Va. — A meeting is set with Amtrak officials to work toward keeping the New River Train service going in southern West Virginia this fall. Full story: www.usnews.com
Locomotive burns in Wyoming city, 2 UP workers treated
(Source: www.sweetwaternow.com, April 14, 2018) ROCK SPRINGS, Wyo. — A fire heavily damaged a Union Pacific locomotive in Wyoming. Two Union Pacific workers were treated at a hospital for smoke inhalation. Full story: www.sweetwaternow.com
Judge slams Norfolk Southern in railroad-related lawsuit
(Source: Sandusky Register, April 12, 2018) SANDUSKY, Ohio — A federal judge railed against a defendant acting defiant by not providing the plaintiffs with vital information, which could possibly help their case. In a recent decision, coming out of a U.S. district...
Proposed Canadian law opening CN to Bill Gates faces delay
(Source: Bloomberg, April 13, 2018) WASHINGTON, D.C. — A proposed law that would increase ownership limits in Canadian railways and airlines has run into a delay as politicians wrangle over what new powers companies should have. Full story: Bloomberg
MTA names transit veteran new LIRR boss
(Source: New York Post, April 12, 2018) NEW YORK — Transit veteran Phil Eng will take over as the head of the Long Island Rail Road this weekend, sources say. Full story: New York Post
Pennsylvania men tampered with railroad signals, grand jury charges
(Source: Tube City Almanac, April 11, 2018) McKEESPORT, Pa. — Two local men have been indicted by a federal grand jury in Pittsburgh on charges they tampered with railroad signals. According to the indictment, federal prosecutors claim that one man cut cables on...
$50.5 million inland port opens in South Carolina
(Source: Post and Courier, April 16, 2018) CHARLESTON, S.C. — In a part of South Carolina that once relied on video poker as a major economic draw, fortunes are starting to change. The State Ports Authority on Monday will officially open its inland port in Dillon,...
Trade war would hurt grain rail shipments, AAR says
(Source: Railway Age, April 13, 2018) NEW YORK — The industry group representing Class I railroads wants policy makers to take a broader look at the potential deleterious effects tariffs could have on U.S. grain exports. Full story: Railway Age
AAR reports rail traffic for week ending April 7, 2018
(Source: Association of American Railroads press release, April 11, 2018) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 7, 2018. For this week, total U.S. weekly rail traffic was 524,905...
CP Rail sees ‘significant gap’ in talks with TCRC as strike deadline nears
(Source: Bloomberg, April 15, 2018) WASHINGTON, D.C. — Canadian Pacific Railway Ltd. said a new labor agreement with thousands of train conductors and other workers remains elusive, less than a week before the deadline for the start of a strike that could cripple its...
Runaway train carrying 1,000 passengers rolls for miles in India
(Source: CNN, April 9, 2018) NEW DELHI, India. — A disaster was narrowly averted in eastern India after a runaway train carrying up to 1,000 passengers rolled with speed for several miles before being brought to an emergency stop by railway staff. The train was...
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