News Archive
Senate to STB: don't curtail freight rail investment
The U.S. Senate recently pointed the way forward for the U.S. Surface Transportation Board (STB) on the issue of ensuring sufficient revenue at freight railroads to pour back into the nation’s infrastructure. The Surface Transportation Board Reauthorization Act of 2015, [...]Capping rail revenues will threaten economic goals
WASHINGTON, D.C. – The Association of American Railroads (AAR), leaders from its member railroads and economic experts today urged federal regulators to beware of upending numerous national economic goals if they choose to pursue re-instituting revenue caps on freight rail co [...]Second quarter financial results in for Class I railroads
CSX Corporation announced all-time record quarterly financial results for the second quarter of 2015. Operating income for the railroad came in at more than $1 billion for the first time in company history. The railroad also saw an all-time record in operating ratio of 68.8 p [...]SEPTA members ratify pact
Twenty two months ago, SMART Transportation Division Local 61 (Philadelphia, Pa.) train service members working at SEPTA ratified their contract from the previous round. Now, for the first time in recent memory, these same members have ratified a new agreement governing the r [...]NTSB Study: ECP brakes out-perform other systems
Washington, D.C. – As part of its ongoing investigation of the derailment of a crude oil unit train in Casselton, North Dakota, the National Transportation Safety Board produced a Train Braking Simulation Study, which it placed into the investigation docket. The study was pro [...]Latest tank car, rail inspections turn up 62 defects
Another round of targeted tank car and rail inspections in New York found 62 defects, including one “critical” safety defect that required immediate corrective action, Gov. Andrew Cuomo announced on Wednesday. The inspections are part of the governor’s efforts to [...]FTA highlights public transportation accessibility
Bethesda, Md. – Federal Transit Administration (FTA) Acting Administrator Therese McMillan was at a bus stop just north of Bethesda Maryland to highlight the success of the Americans with Disabilities Act (ADA) on the landmark legislation’s 25th anniversary. The Acting Admini [...]TSA update on ASAC recommendations
WASHINGTON — The Transportation Security Administration has completed its review of 28 airport access control recommendations provided to the agency by the Aviation Security Advisory Committee (ASAC) at the request of Secretary Jeh C. Johnson, Department of Homeland Security. [...]