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Oregon Governor: ‘Halt Oil Trains in Oregon’
Oregon Governor Kate Brown released the following statement regarding the Federal Railroad Administration's June 23rd Preliminary Factual Findings Report on the June 3rd derailment of Union Pacific's crude oil train:
Mosseri joins Parsons as VP and New York region Business Development Manager
Parsons announced that Gill Mosseri recently joined the corporation as Vice President and New York Region Business Development Manager for its Infrastructure business unit (BU).
UIC's Loubinoux awarded BIC's global rail freight honor
The Bureau International des Containers (BIC) announced on June 23 that Jean-Pierre Loubinoux, General Director, International Union of Railways, (UIC) has won the 2016 BIC Award.
FRA faults bolts, brakes and UP in June 3 crude oil derailment
The Federal Railroad Administration on June 23, 2106 released its preliminary findings on the June 3 Oregon crude oil derailment and found at fault: bolts, brakes and Union Pacific.
Grain gain helps offset coal and crude crash
In reporting U.S. rail traffic for the week ending June 18, 2016, the Association of American Railroads noted a large increase in grain shipments that partially offset substantial losses in…
MSLLC plans for main line through La. and Ms.
Kansas City Southern announced June 22 that the Meridian Speedway©, LLC (MSLLC), is investing approximately $28 million in 2016 on construction and improvement projects on its Vicksburg and Meridian Subdivisions.
Canadian Pacific: “A chill from up North”
Canadian Pacific on June 21, 2016 provided an earnings outlook for the year’s second-quarter “due to lower-than-anticipated volumes in bulk commodities, such as grain and potash, the unexpected and devastating…
HNTB names U.S. business development director
HNTB Corporation has hired Ian Choudri in the new position of national rail and transit business development director and senior vice president, where he will support the firm's growth across…
Jason Seidl: A look ahead to the second quarter
As the industry continues to weather the current economic storm, Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl offers the following analysis:
STB initiates proceeding to expedite rate cases
The Surface Transportation Board (STB) issued an Advanced Notice of Proposed Rulemaking (ANPR) on June 15, 2016 outlining measures to expedite its handling of rate cases.
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