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January 17, 2013
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Daily news coverage of the railroad industry

  Industry Update 
  • CN: Intermodal terminal project to offer "all-rail" service
    Canadian National is partnering with the Indiana Rail Road for an intermodal project in Indianapolis that will offer an "all-rail service" to "reduce transit times and improve transportation consistency for Indiana importers, making their supply chains more competitive," said Jean-Jacques Ruest, CN executive vice president and chief marketing officer. "CN's level-of-service agreements with the container terminal operators at Vancouver and Prince Rupert deliver superior fluidity from ship-to-rail at the ports." RailwayAge.com (1/16) LinkedInFacebookTwitterEmail this Story
  Infrastructure & Economic Spotlight  
  • 6 House members named chairmen of House T&I subcommittees
    Six House lawmakers were recently appointed by Transportation and Infrastructure Chairman Bill Shuster, R-Pa., as chairmen for the panel's subcommittees. The Subcommittee on Railroads, Pipelines and Hazardous Materials will be under the leadership of Rep. Jeff Denham, R-Calif. "I look forward to working together to promote competitiveness and economic growth, reform programs, and strengthen our nation's infrastructure," Shuster said. The Hill/Transportation blog (1/16) LinkedInFacebookTwitterEmail this Story
  • Class I's service to help Ga. port distribute imports
    CSX and Norfolk Southern's rail service from the Port of Savannah in Georgia is important for the efficient transportation of imported blueberries from Chile to their target destinations, said Curtis Foltz, the executive director of the Georgia Ports Authority. "Because of our direct interstate access, as well as having two Class I rail services on our facility, we can serve the Atlanta and Southeast regions more efficiently by importing this fresh produce directly through the Port of Savannah," Foltz said. ProgressiveRailroading.com (1/16) LinkedInFacebookTwitterEmail this Story
  • U.S. economy is growing at modest pace, Fed says
    The U.S. economy has continued expanding in recent weeks, but there were few signs of an increased pace, according to the Federal Reserve's Beige Book. The report says uncertainty about government spending and the state of Europe's economy are a drag on hiring. "Hiring plans were more cautious for firms doing business in Europe or in the defense sector," the Fed said. Reuters (1/16) LinkedInFacebookTwitterEmail this Story
  Energy & Environmental Watch 
  • Railroads to capture more oil shipments from Bakken region
    Crude oil shipments are being shifted from pipelines to freight rail, including BNSF, in the Bakken shale play due to how efficiently they can reach new markets, according to Flint Hills Resources. "This trend is not temporary," the refining company said. "Rail transportation is becoming more competitive and will continue to take barrels away from the Enbridge North Dakota system." Bloomberg (1/16) LinkedInFacebookTwitterEmail this Story
  • Rising shale activity led to short line's creation, track restoration
    A boom in drilling activity in the Marcellus and Utica shales pushed Carload Express to create the Ohio Terminal Railway last year. The short line's birth revives a 12.2-mile route between Hannibal and Powhatan Point, Ohio. "The combination of the new rail service and property available at the industrial park is a natural fit to service the emerging shale gas drilling industry in the region," said Carload Express officials. Progressive Railroading (1/2013) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Admiration is a very short-lived passion that immediately decays upon growing familiar with its object; unless it be still fed with fresh discoveries, and kept alive by a perpetual succession of miracles rising into view."
--Joseph Addison,
British writer and politician


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