| Daily news coverage of the railroad industry |  |
| Industry Update |  |  |
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- CSX's partnership with customers led to $3.2B industrial investment
CSX's cooperation with shipping customers last year helped attract 105 new facility or expansion projects along its rail network, which led to $3.2 billion in industrial development and creation of 4,200 jobs, according to CSX. "These industrial facilities are expected to generate 162,000 carloads of new rail traffic in future years," said Clark Robertson, CSX assistant vice president of regional development. "The 2012 results were especially significant in the energy markets, such as new ethanol and crude oil terminals, natural gas processing facilities and drilling supply locations." ProgressiveRailroading.com
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- BNSF announces continuous hiring in 2013
BNSF will continue to create jobs this year, said BNSF President and CEO Matthew Rose during a speaking engagement in Galesburg, Ill. Rose also provided insights on the U.S. economy, including the U.S. gross domestic product's 2% growth last year, which is about the same increase as the rail industry experienced, he said. "When we look forward to 2013, we're kind of expecting another 2% year," Rose said. The Register-Mail (Galesburg, Ill.)
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| Infrastructure & Economic Spotlight | | |
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- Greenbrier sees surge in railcar orders for Q1
Greenbrier received railcar orders for the first quarter worth an estimated $430 million, indicating the automotive industry's recovery, the company said. "Our enhanced manufacturing flexibility allows Greenbrier to meet the needs of the booming automotive market while maintaining our competitive position in other railcar types like intermodal double stack, gondolas, forest products and covered hoppers where we have historic strength," said Greenbrier CEO William Furman. North American automotive shipments rose 13.9% in 2012, according to the Association of American Railroads. American City Business Journals/Portland, Ore./Morning Call blog
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| Energy & Environmental Watch | | |
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- Canadian Pacific chosen as rail carrier for oil shipments
Canadian Pacific will be Global Partners' rail service provider for crude-by-rail shipments from the Bakken region. Global partners recently signed a five-year agreement with Phillips 66, which involves the transportation of crude oil to Phillips 66's New Jersey refinery. "Global has established a 'virtual pipeline' for the reliable transportation of Bakken crude," said Tim Taylor, Phillips 66 executive vice president of commercial, marketing, transportation and business development. The Journal of Commerce
(1/8), Fox Business
(1/8)
| Safety & Security | | |
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- Pierce builds two hazmat units for UP
Union Pacific Railroad retained Pierce Manufacturing to create two hazmat mitigation vehicles to use along its 31,900 miles of track in 23 states. The vehicles include command stations along with storage for hazmat suits, railroad fittings, compressed gas pumps, drum pumps, portable power packs, compressors, generators, fire extinguishers, and other gear needed to respond in the event of an emergency. The trucks are stationed in Fort Worth, Texas, and Colton, Calif. Firefighter Nation
(1/8)
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