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February 6, 2013
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Daily news coverage of the railroad industry

  Industry Update 
  • BNSF's rail network sparks $90.2M logistics project
    BNSF's 32,000-mile rail network across North America prompted Ceres Global Ag to build a $90.2 million commodity logistics hub in Northgate, Saskatchewan. The rail connection will enable shipping customers to reach diverse markets in 28 U.S. states, many ports and other strategic locations. The project "will help ease the bottleneck of getting commodities -- especially grain and oil -- out of Saskatchewan and will provide a new and competitive option for shippers and exporters," said Ceres President Michael Detlefsen. RailwayAge.com (2/5) LinkedInFacebookTwitterEmail this Story
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  Infrastructure & Economic Spotlight  
  • Canadian National unveils $1.9B capital investment
    Canadian National Railway plans a $1.9 billion investment this year for business, service and rail-network development. "CN is committed to operating a safe and sustainable railway, making continued improvements in service and seizing traffic opportunities to grow at low incremental cost," President and CEO Claude Mongeau said. "Infrastructure investments, the acquisition of new locomotives and equipment, and the enhancement of information technology systems will help support our agenda of operational and service excellence." Reuters (2/5), Winnipeg Free Press (Manitoba) (tiered subscription model)/The Canadian Press (2/5) LinkedInFacebookTwitterEmail this Story
  • Rail restoration efforts gain legislative support in N.C.
    A proposal to revive a rail line in North Carolina between Castle Hayne and Wallace is expected to move ahead with the support of bipartisan legislation sponsored by state Reps. Susi Hamilton and Phil Shepard. The bill seeks $130 million over a two-year period for reconstruction expenses. "This is a good, long-range plan to benefit the whole state of North Carolina," Hamilton said. Star-News (Wilmington, N.C.) (2/5) LinkedInFacebookTwitterEmail this Story
  Energy & Environmental Watch 
  • $1.65B clean-coal project in Ill. moves to next phase
    A $1.65 billion FutureGen 2.0 clean-coal project in Illinois will advance to the design stage after it received approval from the Department of Energy. The project's storage capacity is estimated to reach more than 1 million tons of carbon dioxide per year. "This groundbreaking project will help pave the way for other cleaner and more sustainable advanced coal-burning power plants," according to the DOE. The State Journal-Register (Springfield, Ill.) (2/5) LinkedInFacebookTwitterEmail this Story
  Safety & Security 
  • BNSF, others look for solutions to mudslide issue on Wash. line
    BNSF is working with Amtrak, Sound Transit and the Washington state transportation department to find solutions to mudslides that occur between Seattle and Everett. "BNSF is committed to operating passenger trains in a manner that always places the safety of train passengers first and to continue to work with our passenger-rail partners on reducing the long-term risks of mudslides," said D.J. Mitchell, BNSF assistant vice president of passenger operations. RT&S online (2/5) LinkedInFacebookTwitterEmail this Story
  AAR News 
  • Freight railroads plan to invest $24.5 billion in private dollars in 2013 on America’s rail network, so taxpayers don’t have to
    The Association of American Railroads today announced the nation’s major freight railroads plan to invest an estimated $24.5 billion in 2013 to build, maintain and upgrade America’s rail network to ensure freight railroads can continue to deliver for the nation’s economy. This investment includes $13 billion in projected capital expenditures, or CapEx, which go toward upgrading or enhancing rail network capacity in the year ahead. The industry also targets 11,000 new hires. Read more. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel."
--Maya Angelou,
American author and poet


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