OTTAWA, Sept 17- The Canadian government will fine Canadian National Railway Co for failing to meet minimum weekly grain volumes under an official order demanding railways ramp up grain shipments or face penalties, a spokeswoman for Transport Minister Lisa Raitt said on Wednesday.» Read More
WASHINGTON— Amtrak suspended service from Washington to Philadelphia on Tuesday after a freight train knocked down overhead wires on the tracks. The Northeast Regional takes passengers from Washington to Philadelphia, while the Acela Express provides service to Wilmington, Delaware, which is on the way to Philadelphia.
Revamped U.S. refineries are absorbing heavy Canadian crude and new oil-rail terminals built by companies like Gibson Energy Inc and Canexus Corp are loading trains to deliver crude to markets across North America, and potentially abroad, limiting the downturn and keeping prices buoyant compared to the past seasons.
MONTPELIER, Vt.— A Vermont Transportation Agency official said Monday he was disappointed the state didn't get a federal grant that would have helped complete an upgrade to the rail system between Rutland and Burlington, but officials remain committed to restoring passenger rail service to the route.
LAS VEGAS— Assessment teams tallied 139 flood-damaged homes and put the projected the cost of local road repairs at $667,000 in northeast Clark County, where road crews worked Thursday to reopen a washed-out stretch of Interstate 15 about 50 miles outside Las Vegas.
SEATTLE— Environmental groups sued the U.S. Department of Transportation on Thursday over the shipment of volatile crude oil in older railroad tank cars. That petition sought an emergency order to prohibit crude oil from the Bakken region of North Dakota and Montana and elsewhere from being carried in older tank cars, known as DOT-111s.
The South Dakota Department of Transportation said Tuesday it has received $12 million in federal funding, which completes the estimated $28 million budget for the project.
OMAHA, Neb.— A railroad union has rejected a deal with BNSF that would have allowed one-person crews on as much as 60 percent of its tracks. The Sheet Metal, Air, Rail and Transportation Workers union voted against the contract this week, according to a notice sent to members late Wednesday.
Shipping rates are 90 percent higher than they were in 2002, but service has drastically diminished, said Calvin Dooley, president of the American Chemistry Council.
HARTFORD, Conn.— Eastern Connecticut will receive an $8.2 million federal grant to upgrade freight rail that officials say will spur economic development and drive more traffic through the port of New London.
The national Surface Transportation Board held a hearing last week in Fargo, North Dakota, because farmers and some politicians have said increased crude oil and freight shipments from the state's western oil fields are largely the cause of shipping delays across the region that have led to grain to pile up.
FAIRBANKS, Alaska— The Alaska Railroad Corp. is reporting revenue growth of more than 4 percent in the last fiscal year, despite declines in petroleum and coal shipments. Railroad revenue rose 4.3 percent between July 2013 and July 2014, the Fairbanks Daily News-Miner reported.
Sal Vitale, Sterne Agee transportation analyst, digs into the best rail stock picks now, and discusses if a bust in the industry is coming.
TORONTO, Sept 2- Amtrak, the U.S. passenger rail service, said on Tuesday that it has asked U.S. regulators to investigate "unacceptable train delays" on its Illinois routes that use Canadian National Railway Co tracks.
*Rail workers to go on strike from 6 pm. FRANKFURT/ BERLIN, Sept 1- German rail workers' union GDL called a three-hour strike on Monday that will hit passenger and freight traffic across the country as it seeks to raise pressure on rail operator Deutsche Bahn in a pay dispute.
The delays have been perpetuated also by a surge in rail deliveries of crude oil and grain, leaving power producers such as FirstEnergy Corp scrambling for transport alternatives before winter sets in, potentially adding to costs.
ULAN BATOR, Aug 22- China and Mongolia have signed 26 new deals on railroads, mining and power generation during Chinese President Xi Jinping's state visit that began on Thursday, Mongolia's Ministry of Foreign Affairs said. Closer economic relations with China may be landlocked Mongolia's answer to recent economic woes.
Aug 19- Canada's Transportation Safety Board on Tuesday released its final report on last year's Lac-Mégantic crude train disaster, including a list of 18 "causes and contributing factors" to the catastrophic derailment that killed 47 people.
LAC-MÉGANTIC, Quebec, Aug 19- The Canadian government did not adequately audit the railroad company at the center of the Lac-Mégantic crude tanker disaster, which last year killed 47 people, an independent federal agency said on Tuesday, as it called for tougher scrutiny of the rail industry.
LAC-MÉGANTIC, Quebec, Aug 19- The Canadian government did not adequately audit the rail firm at the center of the Lac-Mégantic crude tanker disaster that last year killed 47 people, an independent federal agency said on Tuesday, as it called for tougher scrutiny of the rail industry.
Looking at signals of a recovery from the rail and transport industry, with Jason Seidl, Cowen & Co.