November 26, 2014

Canadian rails fight new rules to prevent crew fatigue

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Canada’s major freight rail companies are fighting moves by the federal transportation regulator to curb “extreme fatigue” among railway engineers, a CBC News investigation has found. CN Rail, CP and the Railway Association of Canada went on the attack two weeks ago at a “tense and heated” meeting of industry, union and government representatives, according [...]

Class I railroads announce third quarter results

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In a press release Oct. 14, CSX announced record third quarter profits. The railroad said that operating income increased 16 percent and operating ratio improved 220 points. Operating income came in at $976 million with an operating ratio of 69.7 percent. CSX also saw volume increases of seven percent. Revenue increased to $3.2 billion, eight [...]

CN opens state-of-the-art employee training facility

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HOMEWOOD, Ill. – Canadian National Railway Company  Oct. 14 officially opened its new employee training center in suburban Chicago. The 55,000-square-foot facility will host up to 250 CN students from across the United States every week, with hands-on training for all key railway jobs. Claude Mongeau, CN president and chief executive officer, said: “The opening of [...]

Class I railroads report 2nd quarter earnings

CSX Corporation announced record second quarter results with earnings coming in at $529 million or $0.53 per share. The second quarter of 2013 only saw $521 million or $0.51 per share. Revenue increased this quarter by seven percent to an all-time record of $3.2 billion. On the same token, the railroad saw record operating income [...]

Feds order BNSF, CN to report on grain progress

U.S. railroad regulators have ordered BNSF Railway and Canadian Pacific Railway to hasten shipments of grain from a backlog that has frustrated farmers and people who run grain elevators. The Surface Transportation Board, in a decision late Friday, required the two railroads to publicly disclose every week plans to address the delays, which have forced [...]

Sen. Durbin to CN: ‘Keep your promises’

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WASHINGTON – In response to concerns raised by communities across Illinois, U.S. Senator Dick Durbin (D-IL) June 3 called on Canadian National to address ongoing safety and traffic issues including: Canadian National’s lack of cooperation with the State of Illinois and Amtrak, which has hindered efforts to expand rail service in Northern Illinois between Galena [...]

Grand Trunk ordered to pay conductor $244,000

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CHICAGO – Grand Trunk Western Railroad Co. has been ordered to reinstate a conductor and pay him more than $244,000 in back wages and damages following an investigation by the U.S. Department of Labor’s Occupational Safety and Health Administration. OSHA found that the company was in violation of the whistleblower provisions of the Federal Railroad [...]

Class I railroads report first quarter earnings

CSX reported to the public its first quarter 2014 earnings and dividend increase. The railroad announced net earnings of $398 million or $.040 per share. This is a decrease from last year’s first quarter reports of $462 million or $0.45 per share. However, revenue for the quarter grew two percent to $3 billion on volume [...]

CN in Canada receives strike notice from conductors

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TORONTO – Canadian National Railway Co said on Wednesday that the union representing roughly 3,000 of its train conductors and yard operation workers in Canada has given the company notice of its intention to strike as early as Saturday. The strike notice comes just days after the tentative labor contract reached last year with CN, [...]

CN derailment in Minn. sends two to hospital

TWO  HARBORS, Minn. – Authorities are investigating what caused a train to derail just south of Two Harbors, Minn., Thursday (Dec. 5) afternoon. The Lake County Sheriff’s Office, along with Two Harbors Police, the Minnesota DNR and rescue squads were called to the incident around 1:15 p.m. Read the complete story at Northlands Newscenter. This [...]