Daily news coverage of the railroad industry | |
Industry Update | | |
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- Class I's among top employers of military veterans
More than one quarter of the workforce at U.S. railroads is made up of military veterans. In part, that's because "[m]ilitary folks adapt well to the railroad environment" because they're used to working 24/7, said Roy Schroer, Union Pacific's vice president of human resources. And, as John Wesley III, BNSF's military hiring manager, points out, "For the most part, if the military has it, so does the railroad." In addition, the railroads take care of their vets. For instance, when the husband of a Union Pacific worker was deployed, UP kept up his health and life insurance for the family and paid the difference between his UP wage and what he earned with the National Guard. ABC News/The Associated Press
(5/10), FoxNews.com/The Associated Press
(5/10)
- Harrison's leadership skills gain hall-of-fame recognition
Canadian Pacific CEO Hunter Harrison's management style was recognized with his induction into the Maritime Association of Port of New York & New Jersey's International Maritime Hall of Fame. "Hunter Harrison is a rail visionary who leads to keep the international transportation industry strong and competitive in today's challenging business environment," said Edward Kelly, the association's executive director. RT&S online
(5/9), ProgressiveRailroading.com
(5/9)
Infrastructure & Economic Spotlight | | |
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- Szabo: Rail to get most focus in DOT's FY2014 budget
Rail will be "the feature" of the Transportation Department's $77 billion spending plan for fiscal 2014 as $11.6 billion will be go to the Federal Railroad Administration, said FRA Administrator Joseph Szabo. "The administration understands the growing role that freight rail will have to play in meeting future transportation needs," said Szabo. "This will allow for investment in projects that have public benefit, like the Heartland Corridor or Crescent Corridor." Progressive Railroading
(5/2013)
- BNSF helps ensure state-of-the-art feature of N.M. facility
BNSF has worked with Murex and Cetane Energy to help ensure an expansion of a crude oil transload facility in Carlsbad, N.M., will keep it efficient and state-of-the-art, said Murex President Robert Wright. "We look forward to working with Murex and Cetane to provide unit train service out of the Permian Basin," said Dave Garin, BNSF group vice president of industrial products. "Today, rail is providing a more flexible, long-term, and economical option to ship crude oil to destination markets throughout the East, West and Gulf coasts, and along the Mississippi River." ProgressiveRailroading.com
(5/9)
Energy & Environmental Watch | | |
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- Bakken Shale: Largest producer for crude-by-rail shipments
BNSF, Canadian Pacific, CSX, Kansas City Southern, Norfolk Southern and Union Pacific's rising crude-oil carloads are mainly attributed to booming production in the Bakken Shale region, writes Jeff Stagl. Crude-by-rail is expected to remain a viable alternative in the future as the current trend "can last 15 to 20 years," said Vann Cunningham, BNSF assistant vice president of economic development. Progressive Railroading
(5/2013)
AAR News | | |
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AAR reports increase in weekly rail traffic
The Association of American Railroads has reported an increase in traffic for the week ending May 4, with total U.S. weekly carloads of 283,916 carloads, up 2.8% compared with the same week last year. Intermodal volume for the week totaled 245,678 units, up 2.8% compared with the same week last year. Total U.S. traffic for the week was 529,594 carloads and intermodal units, up 2.8% compared with the same week last year. Read more.
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