Archive for February 12, 2018
Despite fatal accidents, train safety still isn’t a top priority in Washington
(Source: New York Magazine, February 12, 2018) NEW YORK — In the past two months, there have been four fatal accidents involving Amtrak trains. In December three people died on a train making its first trip on a track between Seattle and Portland. On January 14 a North Carolina couple died when their SUV was…
Read MoreAAR praises start of Trump infrastructure plan
(Source: Railway Age 02/12/2018) Written by Stuart Chirls, Senior Editor The Association of American Railroads today said it supports President Trump’s efforts to begin the process of developing infrastructure legislation. In a broad set of principles that lack specific details, the Administration called for the federal government to contribute just $200 billion of the estimated $1.5…
Read MoreG&W posts Q4 revenue, income growth; forms alliance with Cargomatic
(Source: Progressive Railroading 02/09/2018) Genesee & Wyoming Inc. reported fourth-quarter 2017 operating revenue rose 10.7 percent to $571.6 million compared with the same quarter in 2016. Operating income increased 101.9 percent to $108.2 million, while adjusted operating income climbed 2.2 percent to $105.7 million. Net income for the quarter was $426.6 million, compared with $8.9 million…
Read MoreCriminal prosecution for unintentional mistakes is blatantly unfair to locomotive engineers and trainmen
By Dennis R. Pierce BLET National President INDEPENDENCE, Ohio, February 12 — In the wake of recent dramatic and highly visible railroad accidents in the United States and Canada, there has been a trend to criminalize railroad workers and prosecute them as the sole cause of these tragedies. The Brotherhood of Locomotive Engineers and Trainmen…
Read More