GO
Loading...

Enter multiple symbols separated by commas

Road and Rail

More

  • YOUR MONEY-Graduating into the family business Tuesday, 2 Jun 2015 | 9:30 AM ET

    NEW YORK, June 2- There is one big advantage 23- year-old Clint Morrison has found joining his family's business fresh upon graduating from Rider University: he has a job, while most of his friends do not. The Morrison family business, Benefit Design Specialists Inc, administers employee benefit plans for small businesses and is based in Mechanicsburg,...

  • EAST DUBUQUE, Illinois, May 25- Mario Enriquez says there's no real trick to getting great fuel mileage in a big truck. Enriquez averaged 9.74 miles per gallon from February to April in an International ProStar made by Navistar International Corp. For that, his employer, Mesilla Valley Transportation, awarded him a Nissan Versa compact car.

  • WASHINGTON, May 23- The U.S. Senate early on Saturday passed a two-month spending extension for federal transportation projects that puts off a decision on long-term funding for road, bridge and rail transit projects until the height of the summer construction season. The White House said Obama would sign the short-term fix if work continues towards a...

  • IBM takes aim at traffic nightmares Friday, 22 May 2015 | 7:45 AM ET
    IBM takes aim at traffic nightmares

    Bob Picciano, IBM svp of analytics, discusses how IBM's smart traffic management system is using hi-tech to tackle traffic jams in New Jersey.

  • U.S. Senate Democrats press for Amtrak funding increase Thursday, 21 May 2015 | 4:44 PM ET

    One day after an Amtrak train derailed on May 12 near Philadelphia, killing eight passengers, the Republican-controlled House Appropriations Committee approved a $1.14 billion Amtrak budget, a $252 million cut from fiscal 2015.. "Philadelphia was preventable and it was predictable," Senator Richard Blumenthal of Connecticut said at a news conference.

  • BRASILIA, May 19- Chinese Premier Li Keqiang will push trade, finance and investment deals worth tens of billion of dollars on Tuesday to help Brazil upgrade its dilapidated infrastructure and boost a slumping economy. On his first official trip to Latin America, Li will meet President Dilma Rousseff and attend the signing of a raft of agreements ranging from a...

  • No profitable passenger rail system anywhere: Expert Thursday, 14 May 2015 | 3:25 PM ET
    America's rails in focus

    Discussing investment in America's rail infrastructure, with Ed Hamberger, Association of American Railroads.

  • The Republican-controlled House of Representatives Appropriations Committee rejected a Democratic bid to provide Amtrak the full $2.45 billion in funds for the upcoming fiscal year requested in President Barack Obama's budget. The cause of Tuesday's crash has only begun to be investigated, but federal investigators said preliminary data showed the...

  • Amtrak desperately in need of infrastructure investment: Pro

    Discussing the derailment of the Amtrak train and infrastructure issues in the U.S., with Richard Ravitch, former New York LT. Governor.

  • America in an infrastructure crisis: Ray LaHood Wednesday, 13 May 2015 | 3:36 PM ET
    Rescuers work around derailed carriages of an Amtrak train in Philadelphia, May 13, 2015.

    The U.S. has not invested in infrastructure, which is vital to a safe transportation system, former U.S. Transportation Secretary Ray LaHood said.

  • The problem with America's infrastructure Wednesday, 13 May 2015 | 3:18 PM ET
    The problem with America's infrastructure

    Brian Pallasch, ASCE Managing Director, discusses the grade of America's rail infrastructure and lack of funding.

  • NEW YORK, May 6- A train carrying crude oil derailed and caught fire in Wells County, North Dakota on Wednesday, officials said, just days after the U.S. government announced sweeping reforms to improve safety of the volatile shipments. Heimdal is a tiny town in central North Dakota located along one of the main rail lines heading east out of the giant Bakken oil...

  • WILLISTON, N.D., May 6- Aiming to show the human side of North Dakota's oil industry, the Smithsonian Channel's "Boomtowners" chronicles the highs and lows of transplants to one of the nation's fastest-growing economies. Instead, "Boomtowners" tells the stories of some of the thousands of people who relocate to rural North Dakota for a fresh start in the oil boom,...

  • CALGARY, Alberta, May 5- A growing share of Canadian oil-by-rail traffic is made up of tough-to-ignite undiluted heavy crude and raw bitumen, say industry executives, as companies scramble to cut expenditures with the price of crude down more than 40 percent since June. "The business is moving back to where it started, which is as a vehicle to move undiluted heavy...

  • NEW YORK, May 1- New U.S. and Canadian speed limits for oil trains will do little to temper the likelihood and severity of explosive accidents that have grown in frequency over the past two years, critics of new regulations said on Friday. Walking a line between increasing safety and keeping oil shipments moving at a clip on North American rails, regulators...

  • Canada has promised to "harmonize" its regulations with the United States. The decision has angered the North American rail industry, but Transportation Secretary Anthony Foxx said his department believes it will stand up to any legal challenge. The Association of American Railroads, which has lawyers studying the rule, slammed the government for basing its...

  • California port truckers end strike after four days Friday, 1 May 2015 | 5:36 PM ET

    LOS ANGELES, May 1- Southern California port truckers seeking recognition as employees rather than contractors ended a strike of freight-hauling companies on Friday after four days of picketing that drew attention to their cause but did little to disrupt cargo shipments. Several hundred drivers, backed by the Teamsters union, struck four trucking firms...

  • WASHINGTON/ NEW YORK, May 1- The United States and Canada on Friday announced long-awaited safety rules for trains carrying oil, as regulators seek to reduce risks after a series of explosive accidents that accompanied a surge in crude-by-rail shipments. Under the rules, announced by Canada's Minister of Transport, Lisa Raitt and U.S. Tank cars built after...

  • May 1- New safety rules governing oil-by-rail shipments in the United States will cost an estimated $2.5 billion to implement over the next two decades, according to a final proposal from the Department of Transportation on Friday. 49 CFR§ Speed Restriction: 40 $56 mln- $242 mln** $180 mln 174.310 mph speed limit in. 49 CFR Existing Tank Car $426 mln- $1.706 bln** $1.747...

  • WASHINGTON/ NEW YORK, May 1- Long-awaited new safety rules for trains carrying oil in the United States and Canada were announced on Friday as regulators seek to reduce risks after a series of explosive accidents accompanied a surge in crude-by-rail shipments in recent years. Canada's Minister of Transport, Lisa Raitt and U.S. "This stronger, safer, more robust...