PORTLAND, Maine— A Canadian railroad is withdrawing its objection to a $338 million fund for victims of an oil train derailment that killed 47 people in a small town in Quebec, removing the final obstacle to the settlement's final approval. The judge gave lawyers for victims and the province of Quebec until Tuesday to confirm their support of the changes, but that...» Read More
U.S. companies moving crude via rail must tell states when a cargo is moving across their jurisdiction, the Transportation Secretary said.
Amtrak CEO Joseph Boardman last week surprised transit officials with a shortened lifespan assessment of the Hudson River tunnels.
Michael Ward, CSX CEO, projects modest growth for 2014 and discusses trends throughout Q4. Ward also expects to face some similar coal challenges experienced in 2013.
Chen Jiahe, Analyst at Cinda Securities tells CNBC's Cash Flow that while change will take a long time, he still likes the China market.
Vasu Menon, Vice President, Wealth Management Singapore at OCBC Bank tells CNBC's Cash Flow why he thinks Chinese markets look attractive.
CNBC's Jackie DeAngelis reports railroads may be a viable alternative to the controversial Keystone pipeline.
Wendy Liu, China Equity Research at Nomura expects Chinese equities will continue to climb higher between now and November.
Anderson Chow, Regional Head of Infrastructure Research, Asia Pacific, HSBC says Beijing is committed to improving rail asset returns in order to broaden funding sources.
The driver of the train that crashed in Spain was talking on the phone, reports CNBC's Seema Mody; and Mary Thompson reports on the SEC's closing arguments in the Fabrice Tourre trial.
Patrick Xu, Infrastructure & Transportation Analyst, Asia Ex-Japan at Barclays, explains how Chinese railway stocks are set to benefit from Beijing's increased investment in the sector.
CNBC's Michelle Caruso-Cabrera reports on a train crash in Spain. At least 80 people are dead and hundreds are hurt as investigators say the train may have been going twice as fast as it should have been.
A train carrying 400 passengers derailed outside Paris today and crashed into a station, killing 7 and injuring dozens more. The cause of the crash is under investigation.
A freight train carrying as much as a million gallons of crude oil derailed. At least 5 people are dead, reports CNBC's Seema Mody.
The deadly train explosion in Canada could give the energy industry a major wake-up call. Tom Petrie of Petrie Partners talks about opportunities for moving crude via rail.
Is transporting oil via railway just too dangerous? BP Capital Chairman and CEO Boone Pickens, discusses his plan to cut our dependence on foreign oil by converting trucks from gasoline to natural gas.
Thousands of Connecticut commuters faced delays and crowded trains on Monday as Metro-North workers scrambled to repair damage on the United States' busiest rail line.
Wick Moorman, CEO of Norfolk Southern, discusses the rail company's first quarter results, and weighs in on the direction of the U.S. economy.
Michael Ward, president, chairman, and CEO of CSX, discusses his company's better-than-expected earnings, and weighs in on the outlook on the economy.
Infrastructure expert Barry Lepatner, founder of Lepatner & Associates, offers insight on the costs of America's bridges and roads.
Mad Money host Jim Cramer explains why railroads are so desperate for tank cars right now; and why Trinity and American Railcar are both buys.