| Daily news coverage of the railroad industry |  |
| Industry Update |  |  |
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- BNSF's $500M project secures L.A. commission's approval
BNSF's $500 million rail project in California moved closer to reality after it received approval from Los Angeles Harbor Commissioners. An estimated 1,500 jobs are expected to be derived from the project, which will develop a 185-acre site and make it easier to get cargo to the ports of Los Angeles and Long Beach. Construction could start later this year. The project is "the right choice for green growth in Los Angeles and will be a new environmental model for the rest of the country," said BNSF Chairman and CEO Matthew Rose. San Jose Mercury News (Calif.) (free registration)/The Associated Press
(3/7)     
- AAR reports favorable weekly growth in carloads, intermodal
Freight carload traffic of U.S. railroads climbed 0.2% in the week ending March 2 from the year-ago level, and intermodal rose 9.7%, according to the Association of American Railroads. "In February, year-over-year intermodal volume on U.S. railroads rose for the 39th straight week, and February saw the first double-digit year-over-year increase in two years," said John Gray, AAR senior vice president. Shipments of petroleum products continued to post gains, increasing 69.5% in the latest week. RailwayAge.com
(3/7)
| Infrastructure & Economic Spotlight | | |
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- UP chosen as service provider for grain loading facility in Kan.
Union Pacific has been chosen by CHS Inc. and Mid-Kansas Cooperative to provide rail service for a planned grain-loading facility in Canton, Kan. The location is close to the UP's line, which will help the groups reach export terminals on the Gulf, the Pacific Northwest and Mexico. Construction will start in the spring and should be completed within a year. ProgressiveRailroading.com
(3/7)
- Rail spur project in Fla. is significant for energy firm
BioNitrogen's planned construction of a rail spur in Hardee County, Fla., which will connect with CSX's mainline, is important for the company's operations, said Bryan Kornegay, Jr., BioNitrogen's president and chief financial officer. "The rail spur is a critical piece of infrastructure, and we're pleased to finalize the design and begin construction," Kornegay said. RT&S online
(3/7)
| Energy & Environmental Watch | | |
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- Energy firm plans $750M purchase of rail cars
Valero Energy plans to buy 5,320 new rail cars for $750 million to carry petroleum products bound for Louisiana and California, said Joe Gorder, chief operating officer at Valero. The rail cars are expected to boost the company's feedstock flexibility and give it better access to best-price crude products. This brings the company's rail car fleet to more than 12,000. Platts
(3/7)
| Safety & Security | | |
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- CSX's employee wellness program promotes health, safety
The health and wellness program at CSX is more than a way to promote work productivity and save on health care costs: it also boosts on-the-job safety, according to Kenneth Glover, CSX's director of health, wellness and human performance. This article outlines various wellness initiatives at the company that revolve around the notion of employees as "industrial athletes." Progressive Railroading
(3/2013)
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