September 1, 2014

CP employee injured in train accident

SOUTH BELOIT, Ill. — A Savanna, Illinois, man is in stable condition after suffering a severed leg, hand and forearm Wednesday in a train accident in South Beloit. Shawn Flickinger, 36, of Savanna, was airlifted near Oak Grove Avenue in South Beloit, to the OSF Saint Anthony Medical Center in Rockford, Illinois, after South Beloit [...]

CP CEO: U.S., Canada should work together on regs

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CALGARY – The CEO of Canadian Pacific Railway says he’d like to see Canada and the United States work together on rail regulations – though he admits it may be difficult to pull off. The company is trying to talk to regulators in Washington and Ottawa about how the lack of consistency is hurting business, [...]

Rail companies to report fertilizer delivery plans

PIERRE, S.D. (AP) – A federal oversight board told Canadian Pacific Railway and BNSF Railway that they have until Friday to report their plans to ensure delivery of fertilizer shipments for spring planting of U.S. crops. The Surface Transportation Board’s decision Tuesday comes in response to a hearing it held last week on recent service [...]

CP worker injured after being pinned under train car

ALGONA, Iowa – Officials said on Wednesday (March 5) they won’t be releasing the name of a railroad employee injured when he was pinned under a train car on Tuesday near Algona. Canadian Pacific said it won’t release the worker’s name citing it as an “internal matter.” Read the complete story at the Globe Gazette.

SMART TD members picket CP in Minn.

Minnesota Gov. Mark Dayton on Thursday (Feb. 6) proposed initiatives to enhance railroad safety on the same day that rail workers protested Canadian Pacific’s safety practices by picketing its U.S. headquarters in Minneapolis. The governor announced through his press secretary that he will urge legislative leaders to hold hearings on the United Transportation Union’s reports [...]

Class I railroads release 4th quarter earnings

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CSX Corporation announced its fourth quarter and full-year earnings for 2013 Jan. 15. The railroad reported net earnings of $426 million or $0.42 per share for the fourth quarter. These earnings were down from the same quarter in 2012, with earnings of $449 million or $0.44 per share. Earnings dropped $37 million from the third [...]

‘Chaplain’ quizzes mom of boy who lost feet to train

ST. PAUL, Minn. – Marshawn Robinson is waiting for a pair of prosthetic feet after his were severed by a freight train in St. Paul just a few weeks ago, but his recovery was interrupted with what his family describes as a “strange visitor.” The 9-year-old spent nine days in the hospital after the accident, and [...]

Canadian Pacific Railway cutting Minn. jobs

Canadian Pacific Railway has furloughed approximately 30 workers in recent months from its operation in Thief River Falls, Minn., according to union officials. The job cuts are among roughly 90 furloughs at CP sites across Minn. that the United Transportation Union has counted since October 2012, part of what the union says are aggressive job [...]

Oil sands rail terminal to be built in Canada

Canadian midstream company Gibson Energy Inc and logistics provider U.S. Development Group (USDG) said on Tuesday they will build a 140,000-barrel-per-day terminal in Hardisty, Alberta, to ship oil sands crude by rail. The project would be the largest terminal for western Canada, where demand to move crude by rail has been gathering pace as producers [...]

Class I railroads report 2nd quarter earnings

CSX Corporation announced July 16 second quarter net earnings of $535 million or $0.52 per share. For the second quarter of 2012, CSX earned $512 or $0.49 per share. According to these figures, CSX is up a profit of $23 million over last year’s earnings for the same quarter. CSX attributes these profits to overall [...]