GO
Loading...

Road and Rail

More

  • Agriculture Secretary Thomas Vilsack met with Warren Buffett last week to urge the billionaire investor to make sure his BNSF railroad is ready for an expected record corn and soy harvest this year.

  • DC to Philly Amtrak service resumes Tuesday, 16 Sep 2014 | 5:55 AM ET

    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.

  • Vermont rail upgrade grant rejected by feds Monday, 15 Sep 2014 | 11:11 AM ET

    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.

  • Lanes of Vegas-Salt Lake City freeway may reopen Friday, 12 Sep 2014 | 6:48 AM ET

    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.

  • Siemens to build trains in US for private railway Thursday, 11 Sep 2014 | 5:58 PM ET
    At the Siemens plant in Sacramento, Calif., Michael Cahill of Siemens and Myles Tobin of All Aboard Florida tour a locomotive under construction.

    Plans are advancing for a private high-speed luxury railway in Florida by the end of 2016.

  • Hertz to appoint three Icahn nominees to its board Thursday, 11 Sep 2014 | 4:33 PM ET

    Sept 11- Car rental company Hertz Global Holdings Inc said it would add three directors nominated by billionaire investor Carl Icahn to its board.

  • Groups sue over oil shipments in older rail cars Thursday, 11 Sep 2014 | 3:32 PM ET

    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.

  • State gets $12M for fixing stretch of SD railway Thursday, 11 Sep 2014 | 11:52 AM ET

    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.

  • Rail union rejects deal that allowed one-man crews Thursday, 11 Sep 2014 | 9:42 AM ET

    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.

  • Senators chide freight railroads on delays Wednesday, 10 Sep 2014 | 5:19 PM ET

    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.

  • Conn. wins $8.2 million to upgrade freight rail Wednesday, 10 Sep 2014 | 7:15 AM ET

    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.

  • Midwest railcar shortage debate shifts to DC Monday, 8 Sep 2014 | 3:19 PM ET

    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.

  • Alaska Railroad reports revenue growth Monday, 8 Sep 2014 | 1:33 PM ET

    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.

  • Hertz's shares rose as much as 5 percent after the No. 2 U.S. car rental company said it had begun the search for a replacement. Brian MacDonald, CEO of Hertz's equipment rental business, which will soon be spun off, was named interim chief executive.

  • Hertz Chairman and CEO Frissora steps down Monday, 8 Sep 2014 | 8:18 AM ET

    NEW YORK— Hertz Chairman and CEO Mark Frissora has stepped down from his posts for personal reasons. The car rental company said Monday that Brian P. MacDonald, president and CEO of Hertz Equipment Rental Corp., will serve as interim CEO of Hertz Global Holdings Inc. MacDonald has served as president and CEO of Hertz Equipment Rental since June.

  • This sector is a hot investment right now: Analyst Thursday, 4 Sep 2014 | 3:53 PM ET
    A refrigerated railcar sits on the production line at the Greenbrier plant in Portland, Ore.

    These rail stocks are transportation analyst Sal Vitale's top picks. Find out why he thinks they still have room to run.

  • 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.