3/29/2017
Rail News: High-Speed Rail
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Railroad News
Mar
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Mar
29
3/29/2017
Rail News: People
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Mar
29
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending March 25, 2017.
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Mar
29
3/29/2017
Rail News: CSX Transportation
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Mar
29
3/29/2017
Rail News: CSX Transportation
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Mar
29
Rail News Home CSX Transportation 3/29/2017 Rail News: CSX Transportation
CSX is reducing operations at its Stanley Yard in Toledo, Ohio, which will result in the elimination of 34 union positions, the Class I said yesterday.CSX is closing the Stanley classification hump yard as part of the company's "ongoing efforts to be more efficient and reduce operating costs," CSX spokeswoman Gail Lobin said in an email."The decision to make these reductions follows a review of Toledo-area operations," said Lobin. "CSX has determined that by changing the way rail-cars are sorted at Stanley Yard, it will be able to process trains more efficiently, which will result in better service to our customers."The yard will continue to reassemble trains with switching locomotives, which will leave about 40 employees working in Stanley, according to The Toledo Blade.The company expects 360 CSX employees will remain in the Toledo region, Lobin said.The Stanley Yard layoffs come as E. Hunter Harrison settles in as CSX's new chief executive officer. Harrison has said that his goal at CSX will be to reduce costs and increase efficiency. Contact Progressive Railroading editorial staff. More News from 3/29/2017
CSX is reducing operations at its Stanley Yard in Toledo, Ohio, which will result in the elimination of 34 union positions, the Class I said yesterday.CSX is closing the Stanley classification hump yard as part of the company's "ongoing efforts to be more efficient and reduce operating costs," CSX spokeswoman Gail Lobin said in an email."The decision to make these reductions follows a review of Toledo-area operations," said Lobin. "CSX has determined that by changing the way rail-cars are sorted at Stanley Yard, it will be able to process trains more efficiently, which will result in better service to our customers."The yard will continue to reassemble trains with switching locomotives, which will leave about 40 employees working in Stanley, according to The Toledo Blade.The company expects 360 CSX employees will remain in the Toledo region, Lobin said.The Stanley Yard layoffs come as E. Hunter Harrison settles in as CSX's new chief executive officer. Harrison has said that his goal at CSX will be to reduce costs and increase efficiency. Contact Progressive Railroading editorial staff. More News from 3/29/2017
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Mar
29
Bruce McCuaig is stepping down as president and CEO of Metrolinx to accept a new federal role in the Privy Council Office as executive adviser (Infrastructure Bank) effective April 24, 2017 to support the launch of the Canada Infrastructure Bank.
"Bruce's decision is a big loss for Metrolinx but an equally big win for Canada's ambitions to finance and build infrastructure nationally for the 21st century. Bruce came to Metrolinx after 26 years in the Ontario public service that culminated in his three years as Deputy Minister of Transportation" said Chairman of the Metrolinx Board of Directors J. Robert S. Prichard. "When he arrived at Metrolinx in 2010, he took the helm of an organization in its early days with a mandate to build a fully integrated organization able to deliver on our mission to champion, develop and implement an integrated transportation plan for the Greater Toronto and Hamilton Area."
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Mar
29
Ontario is partnering with Toronto Hydro to build a battery energy storage system for the Eglinton Crosstown light rail transit (LRT) line, which will increase the reliability of the line, lower operating costs and reduce emissions.
The power system, which is equivalent to a large battery, will be capable of providing backup and emergency power to the LRT line for up to four hours in the event of a wide-spread power outage, and replaces previous plans for a natural gas facility.
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3/29/2017
Rail News: Federal Legislation & Regulation
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Mar
29
An assessment released by the Association of American Railroads (AAR) found that the impact of trade on the freight railroad industry is responsible for at least 42 percent of rail carloads and intermodal units, and more than 35 percent of annual rail revenue, are directly associated with international trade.
Approximately 50,000 domestic rail jobs, accounting for more than $5.5 billion in annual wages and benefits, depend directly on international trade, the analysis of 2014 data also found. If rail traffic indirectly associated with trade was included, the figures would be notably higher.
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Mar
29
The American Public Transportation Association called on the Trump Administration to fully fund the FAST Act for fiscal 2017 and 2018 and public transit must be part of the administration's proposed $1 trillion infrastructure investment.
"The American economy and communities of all sizes would be losers if the proposed reductions in the FTA Capital Investment Grants, the TIGER [grant] program, and Amtrak are enacted," said APTA Acting President and Chief Executive Richard A. White. "As it stands now, America is already underinvesting in public transportation, as noted in the recently released American Society of Civil Engineers infrastructure report card. These proposed cuts would make the existing $90 billion of state of good repair gap even worse."
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Mar
29
FOR IMMEDIATE RELEASE
NEW REPORT CONFIRMS FREIGHT RAILROADS ARE DEEPLY CONNECTED TO INTERNATIONAL TRADE
AAR Research Finds Trade Directly Supports At Least 50,000 U.S. Rail Jobs, 35 Percent of Rail Revenues and 42 Percent of Carloads and Intermodal Units
WASHINGTON D.C. – March 29, 2017 – The Association of American Railroads (AAR) today released an assessment of trade's impact on the freight railroad industry, finding that at least 42 percent of rail carloads and intermodal units, and more than 35 percent of annual rail revenue, are directly associated with international trade.
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Mar
28
3/28/2017
Rail News: Supplier Spotlight
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3/28/2017
Rail News: MOW
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Mar
28
3/28/2017
Rail News: Passenger Rail
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Mar
28
3/28/2017
Rail News: Federal Legislation & Regulation
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Mar
28
3/28/2017
Rail News: Passenger Rail
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Mar
28
FERROMEX owner Grupo México confirmed in a statement to the Mexican stock exchange on March 27 that it has reached an agreement to acquire a 100% stake in Florida East Coast Railway Holding Corporation (FEC).
The cash transaction, which is subject to approval by authorities in the United States, has an estimated value of around $US 2 billion, including debt.
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Mar
28
Canadian National (CN) and Duluth Cargo Connect announced a new alliance establishing the first rail-served intermodal container ramp in the Twin Ports of Duluth, Minn. and Superior, Wis.
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Mar
28
3/28/2017
Rail News: Financials
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