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January 21, 2013
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Daily news coverage of the railroad industry

  Industry Update 
  • Class I employment rose 1.06% in December year-on-year, says STB
    Employment at U.S. Class I railroads increased 1.06% to a total of 162,652 workers in December 2012 compared to the year-ago level, according to the Surface Transportation Board. All six employment categories posted growth, led by executives, officials and staff assistants, which rose 4.2%. (1/18) LinkedInFacebookTwitterEmail this Story
  • BNSF plans $4.1B capital spending program in 2013
    BNSF's investment program this year is expected to reach an estimated $4.1 billion to deal with burgeoning oil carloads and intermodal expansion plans. "This record capital plan continues our long-term focus on ensuring our network is prepared for the growing U.S. demand for freight rail," said BNSF Chairman and CEO Matthew Rose. "We are focused on investing to meet our customers' expectations and to expand capacity where growth is occurring." Bloomberg (1/19), (1/20) LinkedInFacebookTwitterEmail this Story
  Infrastructure & Economic Spotlight  
  Energy & Environmental Watch 
  • BNSF, CP's network prompt construction of N.D. oil terminals
    The presence of BNSF and Canadian Pacific in North Dakota has attracted oil companies such as Dakota Plains Holdings to build crude-by-rail terminals along their track networks. Pipelines are struggling with expansion and "if the capacity to move oil isn't there by pipeline, the only alternative is to get it out by rail," said Gabriel Claypool, Dakota Plains Holdings CEO. Oil shipments rose from 9,500 car loads in 2008 to an estimated 200,000 in 2012, according to the Association of American Railroads. Star Tribune (Minneapolis-St. Paul, Minn.) (1/19) LinkedInFacebookTwitterEmail this Story
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  Safety & Security 
  • CSX's Cliff Stayton named chairman of Operation Lifesaver
    Operation Lifesaver recently elected Cliff Stayton, CSX's director of community affairs and safety, as its new chairman. His reputation as a "passionate safety advocate" will help OLI in the development of its communication initiatives, said OLI President and CEO Joyce Rose. The organization also named Amtrak Police Chief Polly Hanson as a board member. (1/18) LinkedInFacebookTwitterEmail this Story
Give me six hours to chop down a tree and I will spend the first four sharpening the axe."
--Abraham Lincoln,
16th U.S. president

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