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March 13, 2013
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Daily news coverage of the railroad industry

  Industry Update 
  • With crude-by-rail, jobs growing rapidly
    Since the end of 2009, freight railroads have increased their payrolls by 9.1%, in large part because of the demand to ship petroleum products by rail. Rail shipping of crude oil soared 256% in 2012, according to AAR. "It's having a ripple effect that’s really creating jobs and wealth and investment opportunities," said Charles Clowdis, managing director for transportation advisory services at IHS Global Insight. Bloomberg (3/13) LinkedInFacebookTwitterEmail this Story
  • Class I's share insights on PTC ahead of 2015 deadline
    Officers-in-charge of positive train control implementation at the Class I's agree on one topic: meeting the 2015 deadline is not feasible due to "significant technical and programmatic issues" as cited by the Federal Railroad Administration, writes Jeff Stagl. Meanwhile, representatives of several Class I's, Amtrak and Alaska Railroad spoke on behalf of the Association of American Railroads about the progress of PTC implementation during a recent forum of the National Transportation Safety Board. Progressive Railroading (3/2013), Progressive Railroading (3/2013) LinkedInFacebookTwitterEmail this Story
  Infrastructure & Economic Spotlight  
  • UP's $400M investment to spur economic growth in N.M.
    Union Pacific's $400 million intermodal facility just outside Santa Teresa, N.M., is expected to improve the region's economy in a slow but steady way, writes Harold Morgan. The project has lured two companies to the area and has provided local construction jobs. "People expecting governors to snap fingers and fix economies should draw from Santa Teresa the lesson that these things take a while," Morgan writes. The Daily Times (Farmington, N.M.) (free registration) (3/12) LinkedInFacebookTwitterEmail this Story
  Energy & Environmental Watch 
  • CP: Crude-by-rail helps improve business
    The rising demand for crude-by-rail shipments from energy companies in North America is helping Canadian Pacific grow its business, said CP spokesman Ed Greenberg. "We're expecting the growth to continue throughout this year," Greenberg said. "Beyond 2013, our railway has a line of sight that is two to three times present volume going forward. So, it is a very positive story for our company." Progressive Railroading (3/2013), (3/12) LinkedInFacebookTwitterEmail this Story
  Safety & Security 
  • Operation Lifesaver spreads rail-safety message across Neb.
    Operation Lifesaver is strengthening its rail safety efforts in Nebraska through presentations in schools across the state. Since 1972, the organization's programs have led to an estimated 75% decrease in rail fatalities, including crossing incidents. "One of the messages that we stress is when a train goes by let that last car get down the track so where they can see and they are for sure a train is not coming on the next track," said Pat Leahy of Operation Lifesaver. KNOP-TV (North Platte, Neb.) (3/12) LinkedInFacebookTwitterEmail this Story
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