Category: Uncategorized
Bid report boosts CSX stock, but deal seen as remote
Shares of No. 3 U.S. railroad CSX Corp rose nearly 10 percent on Monday (Oct. 13) following a report of a rebuffed takeover bid by Canadian Pacific Railway Ltd (CP.TO), but analysts said any such deal would face significant regulatory and other hurdles. “You could make [...]Two major rail operators may merge
Canadian Pacific Railway has approached and been rebuffed by CSX about a merger that could bring together two of the world’s largest railroad operators, according to a published report Sunday afternoon on the website of The Wall Street Journal. If a merger were negotiat [...]Disgruntled employee steals train
A jaunt on a stolen train Thursday ended in a crash and possible federal felony charges for the 22-year-old driver. Derek Skyler Brux was charged Friday with reckless endangering, felony destruction of property and felony destruction, obstruction or removal of railroad track [...]Member dies in Colorado switching accident
A SMART Transportation Division member was killed on the job Wednesday (Oct. 9) afternoon in a railroad switching accident at a Colorado Springs, Colo., industrial complex. According to media reports, BNSF Railway conductor Dawn Trettenero, 42, was trapped between two rail ca [...]Member Dies in Colorado Switching Accident
A SMART Transportation Division member was killed on the job Wednesday (Oct. 9) afternoon in a railroad switching accident at a Colorado Springs, Colo., industrial complex. According to media reports, BNSF Railway conductor Dawn Trettenero, 42, was trapped between two rail ca [...]Woman killed after being pinned between rail cars
A 42-year-old woman died after being trapped between two train cars in a southeast Colorado Springs industrial complex Wednesday, Colorado Springs police and fire officials said. Officials have ruled the death an industrial accident. Read the complete story at The Gazette.Railroads sue California over new crude oil rules
California’s two major railroad companies have filed suit in federal court challenging a state law requiring railroads to come up with an oil spill prevention and response plan. The lawsuit, filed Tuesday in the U.S. District Court in Sacramento, contends federal laws largely [...]STB orders more extensive reporting from rails
FARGO, N.D. – Grain elevator and agriculture groups are cautiously optimistic that a more extensive reporting system for railroads, ordered Oct. 8 by the U.S. Surface Transportation Board, will at least allow agricultural shippers to see whether they’re getting the same kind [...]