General Information
Sabotage dangers surge as Mexican freight trains increasingly fall prey to bandits
(Source: Associated Press, May 29, 2018) MEXICO CITY — Freight train robbers in Mexico are increasingly blocking tracks or loosening rails to stop trains and steal the contents, causing increasing danger. The federal rail agency said Monday the number of cargo thefts increased from 532 in the last quarter of 2017 to 561 in the…
Read MoreOne dead in train collision near Kingman, Ariz.; NTSB investigating
(Source: ABC 15, June 5, 2018) KINGMAN, Ariz. — Officials with the Mohave County Sheriff’s Office (MCSO) says one person has died following a train collision northeast of Kingman on Tuesday. According to deputies, at 3 p.m., they responded to a report of a train collision outside of Truxton. As they arrived, they found that…
Read MoreLandslide suspends Amtrak Seattle-Portland service
(Source: Associated Press, June 2, 2018) OLYMPIA, Wash. — Amtrak officials say a landslide between Portland and Seattle has suspended service between the cities. Full story: www.usnews.com Monday, June 4, 2018
Read MoreUP plans $20 billion stock buyback, expects 60% operating ratio
(Source: Marketwatch, June 1, 2018) OMAHA, Neb. — Union Pacific Corp. plans to buy back about $20 billion worth of stock between 2018 and 2020 and expects to achieve a 60% operating ratio on a full-year basis by 2020. Full story: Marketwatch Friday, June 1, 2018
Read MoreAAR: U.S. carloads, intermodal traffic up in Week 21
(Source: Progressive Railroading 05/31/2018) U.S. railroads moved 565,502 carloads and intermodal units during the week ending May 26, marking a 4.4 percent increase over the same week last year. Total carloads ticked up 3 percent to 273,226 units during Week 21, while intermodal traffic grew 5.8 percent to 292,276 containers and trailers, according to Association of…
Read More