News Archive
Class I’s announce 2016 first quarter financial results
CSX Corporation announced declining financial results for the first quarter 2016. Net earnings for the railroad decreased to $356 million or $0.37 per share, down from first quarter 2015 reported net earnings of $442 million or $0.45 per share. “As we managed through the impa [...]CP to eliminate more jobs in 2016
The Calgary Herald reported that Canadian Pacific Railway may eliminate more jobs in 2016 than originally announced; possibly as many as 1,400 positions. Read the entire story here.Amtrak's 'Trails and Rails' adding NYC to D.C. route
Railway Age reported that The National Park Service, in partnership with Amtrak, added to its Saturday morning Trails and Rails program a New York to Washington, D.C. route. Read the entire story here.AFL-CIO tribute to Prince
Prince Rogers Nelson: musical genius, champion of the working class, lifelong union member and champion for workers’ rights and social justice. The AFL-CIO paid tribute to Prince in an online article written by Kenneth Quinnell, posted on April 22. Read the complete ar [...]AFL-CIO tribute to Prince: "working-class hero"
From an article written by Kenneth Quinnell, posted to aflcio.org on April 22: “For more than 40 years, Prince was a union member, a long-standing member of both the Twin Cities Musicians Local 30-73 of the American Federation of Musicians (AFM) and SAG-AFTRA. Beginning [...]TSA announces service for Salina, Kan.
The Transportation Security Administration (TSA) announced that it will reinstate security service for the Salina, Kan. airport. Great Lakes Airlines was set to begin servicing the Salina Airport April 1, but could not due to lack of TSA service. With the restoration of TSA s [...]THUD allocates $56.5 billion to fund transportation
The Senate Appropriations Subcommittee on Transportation, Housing and Urban Development (THUD) passed $56.5 billion legislation to fund its programs for Fiscal Year (FY) 2017. The bill includes several positive allocations for rail: $1.7 billion for the Federal Railroad Admin [...]NS downsizing yard in Knoxville, Tenn.
Railway Age reported that Norfolk Southern Corp. (NS) will downsize its Knoxville, Tenn. yard effective May 1. Approximately 135 positions will be eliminated. According to NS, this action is in response to lower traffic volumes. Read the entire story here.