| Daily news coverage of the railroad industry |  |
| Industry Update |  |  |
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- KCS will continue business progress in 2013, says Starling
Kansas City Southern is poised for continued growth in 2013, amplifying its successful endeavors this year, says KCS President and CEO David Starling. In his year-end "state of the railroad" letter, Starling discussed the railroad's plans and catalysts for further improvement, including infrastructure investment. "This year, we achieved some important milestones. Next year, we'll add more resources to ensure technology is among our strengths," Starling wrote. RT&S online
(12/26), ProgressiveRailroading.com
(12/26)     
- NS plans service expansion along $2.5B Crescent Corridor route
Norfolk Southern plans to add more intermodal services along its $2.5 billion Crescent Corridor. The railroad plans to begin operations at the Birmingham Regional Intermodal Facility near Birmingham, Ala., and the Franklin County Regional Intermodal Facility in Greencastle, Pa., on Jan. 20. Kansas City Southern will partner with NS to provide services for the terminals' target routes. ProgressiveRailroading.com
(12/26)
| Infrastructure & Economic Spotlight | | |
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- Washington readies final effort to avert "fiscal cliff"
With President Barack Obama and members of the Senate headed back to Washington, D.C., political leaders are preparing to make a final attempt at averting the "fiscal cliff" that economists say could send the U.S. economy back into recession. In a sign that there may be a way to break the standoff, Rep. John Boehner of Ohio, head of the Republican-controlled House of Representatives, urged the Senate, where Democrats hold the majority, to offer a proposal that could restart movement toward a budget compromise. Reuters
(12/26), Politico (Washington, D.C.)
(12/26), Bloomberg
(12/26), The Hill/On The Money blog
(12/27)
- CSX, NS help spur freight industry growth via infrastructure projects
CSX and Norfolk Southern's infrastructure investments are helping the U.S. freight industry remain competitive in anticipation of a wider Panama Canal, according to this piece. For instance, the railroads' projects, including infrastructure to accommodate double-stacked and intermodal shipping, are expected to help the Port of Virginia beef up its resources. The port "has been blessed by geography and Norfolk Southern completing the Heartland Corridor, connecting us to Chicago," said port spokesman Joe Harris. "And as we speak, CSX is chipping away at the National Gateway." Engineering News-Record
(12/31)
| Energy & Environmental Watch | | |
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- 2 companies will build LNG facility for train engines
Encana and Ferus LNG plan to build a plant in Alberta, Canada, to supply liquefied natural gas to locomotives as an alternate fuel. The plan follows a research project by Canadian National into natural gas as a viable fuel source. "LNG is quickly becoming the fuel of choice for [high horsepower] engines in both highway and off-road applications in North America," said Eric Marsh, Encana executive vice president. FuelFix.com
(12/26)
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