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Railroad News

Railroads news continually updated from thousands of sources around the net.

3 hrs ago | New York Daily News

MTA's five-year capital plan may have $12BN shortfall: controller

The state controller's report revealed that $15 billion will be needed to upgrade signals and $2 billion will be required for subway cars.

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Related Topix: Transportation, Metropolitan Transportation Authority

7 hrs ago | Bellevue Reporter

Transit board taps BNSF site in Bellevue as preferred option for rail yard

The Sound Transit Board emphasized the need to explore all options for mitigating the impact of constructing a rail yard at the BNSF site in Bellevue following its selection Thursday as the preferred alternative moving forward with development of a final environmental impact statement.

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Related Topix: Bellevue, WA, Burlington Northern Santa Fe

11 hrs ago | The Mountaineer Publishing Company

Back on track

Pictured is the new locomotive that will be passing through Waynesville and Canton starting this Saturday, when Watco Companies officially takes ownership of the railroad tracks that extend from Asheville to Dillsboro.

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Related Topix: Waynesville, NC, Canton, NC, Asheville, NC, Dillsboro, NC, Transportation, Norfolk Southern

Thu Jul 24, 2014

LA Daily News

MTA approves study to convert Metro Orange Line to light rail

Calling the San Fernando Valley one of the most underserved areas in the county for public transit, the Metropolitan Transportation Authority board on Thursday authorized a study on changing the Orange Line busway into a light rail system.

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Related Topix: Transportation, Metropolitan Transportation Authority, Jerry Brown, US Governors, Sherman-Oaks, CA

Insider Monkey

Union Pacific Corporation (UNP), Crown Castle International Corp....

As we continue to analyze hedge funds' 13F filings for the second quarter of 2014, I came across Skylands Capital 's.

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Related Topix: Transportation, Union Pacific, Telecom, IT Services, Crown Castle International, Financial Markets

Pasadena Star-News

Traffic priority number one for MTA chair Garcetti

Taking over as chair of the Metropolitan Transportation Authority, Mayor Eric Garcetti said Thursday the agency needs to look beyond the boundaries of any one city and deal with the various county transit issues as a whole.

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Related Topix: Transportation, Metropolitan Transportation Authority

Tri-cityherald.com

Oil train derails in Seattle rail yard; no spill

Gus Melonas says a locomotive and buffer car loaded with sand also left the rails about 2 a.m. at the Interbay yard as the train with 102 cars of Bakken oil was pulling out, headed for a refinery at Anacortes.

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Related Topix: Burlington Northern Santa Fe, Anacortes, WA

The News Tribune

Union Pacific 2Q profit chugs ahead 17 percent

The Omaha, Nebraska-based company said Thursday that profit increased to $1.29 billion, or $1.43 per share, in the second quarter.

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Related Topix: Transportation, Union Pacific

Los Angeles Times

Safer oil train tanker, reduced speeds proposed in federal rules

In this 2009 file photo, a car at right is seen engulfed in flames from rail cars loaded with ethanol that derailed in Rockford, Ill.

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Related Topix: Train Disaster, Rockford, IL, Canada

Wed Jul 23, 2014

The Washington Post

Puncture-Prone Rail Car to Be Phased Out Under U.S. Proposal

The Obama administration proposed phasing out thousands of older tank cars within two years and lowering speed limits as part of a set of new rules intended to reduce the risks of hauling crude oil by rail.

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Related Topix: 9, CSX, Lake Oswego, OR, Science / Technology

Marion County Record

Railroad to base operations here in August

The local economy will get a boost in August from Union Pacific Railroad, which will use Marion as its base of operations for track maintenance from Herington to Whitewater.

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Related Topix: Transportation, Union Pacific Railroad, Marion, KS, Herington, KS

Brotherhood of Locomotive Engineers a...

CSX Ceo Michael Ward sells $5.36 million in stock

NEW YORK - CSX CEO Michael J. Ward unloaded 173,000 shares of the stock on the open market in a transaction dated Friday, July 18. The shares were sold at an average price of $31.02, for a total value of $5,366,460.00.

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Related Topix: CSX

The Motley Fool

Railroads Reach All-Time Highs on Record CSX and Canadian National Earnings

Shares of all five major publicly traded North American railroads reached all-time highs Tuesday as good news for the industry continues to roll in, this time from Canadian National kicked off second-quarter earnings reports for the railroads, rebounding strongly from an unusually harsh winter and depressed first quarter to deliver record results.

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Related Topix: Canadian National Railway, Transportation

Ledger-Enquirer.com

Norfolk Southern 2Q profit rises 21 percent

The Norfolk, Virginia, company said net income increased to $562 million, or $1.79 per share, from $465 million, or $1.46 per share, in the same quarter a year ago.

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Related Topix: Transportation, Norfolk Southern

Milwaukee Journal-Sentinal

Cleanup at Slinger derailment to shift to soil excavation

Cleanup crews at the scene of Sunday's two-train collision and derailment in Slinger will finish vacuuming up spilled diesel fuel Tuesday and shift to excavating contaminated soil the remainder of this week, a state environmental official said Tuesday.

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Related Topix: Slinger, WI, Transportation, Canadian National Railway

Tue Jul 22, 2014

Tony's Kansas City

TKC Breaking News!!! Thousands of Kansas City Catholics Petition...

Our blog community was the FIRST IN THE NATION to break news that Collen Simon planned to sue Bishop Finn and the Kansas City-St.

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Related Topix: Kansas City, MO, Transportation, Kansas City Southern, Roman Catholic Church, Religion

Castanet.net

Stocks advance, tensions over downed jetliner ease, traders look to earnings

A strong earnings report from Canadian National Railway helped push the Toronto stock market higher Tuesday as traders put geopolitical concerns aside.

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Related Topix: Financial Markets, Transportation, Canadian National Railway, Rogers Communications Inc.

The Globe and Mail

The close: TSX ends at another record high

The Toronto Stock Exchange Broadcast Centre is shown in Toronto in this file photo.

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Related Topix: Transportation, Canadian National Railway, Investment Banking, Financial Services, CIBC World Markets

LaGrange Daily News

A booming businessJuly 21st | 0

For a county with one of the highest unemployment rates in the state of Georgia, Troup is making a come back in a big way.

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Related Topix: Nathan Deal, US Politics, US News, Republican, US House of Representatives, Troup County, GA, US Governors, West Point, GA, CSX, LaGrange, GA

Marine News

Greenbrier Offers Condolences on Passing of ex-Governor Vic Atiyeh

The Greenbrier Companies, Inc. says it joins all of Oregon in expressing its condolences to the family of Victor G. Atiyeh, former Governor and past member of Greenbrier's board of directors.

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Related Topix: Transportation, Automakers, Greenbrier Companies Inc The, Lake Oswego, OR

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