Rail News Home Federal Legislation & Regulation 11/29/2018 Rail News: Federal Legislation & Regulation FTA to provide FY2018 capital grants for four transit-rail projects A maps shows the planned 2.6-mile Purple Line Section 3 project, a heavy rail extension. Photo – LA Metro The Federal Transit Administration (FTA) yesterday announced $281 million in additional fiscal-year…
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Rail News Home Federal Legislation & Regulation 11/19/2018 Rail News: Federal Legislation & Regulation Congress creates new cybersecurity agency Christopher Krebs is the new director of the Cybersecurity and Infrastruture Security Agency (CISA). Photo – Chris Krebs' Twitter account Congress last week passed legislation creating the Cybersecurity and Infrastructure Security Agency (CISA) within the U.S.…
Rail News Home Federal Legislation & Regulation 11/14/2018 Rail News: Federal Legislation & Regulation House rail subcommittee's Denham ousted in re-election bid U.S. Rep. Jeff Denham (R-Calif.) Photo – Congress.gov U.S. Rep. Jeff Denham (R-Calif.), a longtime critic of California's high-speed rail project, was defeated for re-election to a fifth term in Congress by first-time…
(Repeats to additional subscribers) CALGARY, Alberta, Nov 12 (Reuters) - Canada's biggest railroad says it is attracting interest from oil producers in its effort to move crude in solid, puck-like form, as clogged pipelines divert more oil to riskier rail transport. Congested pipelines have stranded much of Canada's crude in Alberta, driving discounts to record-high…
CALGARY, Alberta, Nov 11 (Reuters) - Canada's biggest railroad says it is attracting interest from oil producers in its effort to move crude in solid, puck-like form, as clogged pipelines divert more oil to riskier rail transport. Congested pipelines have stranded much of Canada's crude in Alberta, driving discounts to record-high levels. Canadian heavy crude…
Rail News Home Federal Legislation & Regulation 11/9/2018 Rail News: Federal Legislation & Regulation U.S. Rep. Loebsack visits Sivyer Steel for post-bankruptcy update U.S. Rep. Dave Loebsack (center) met with Sivyer officials to discuss the firm's progress since it was bought out of bankruptcy proceedings. Photo – Sivyer Steel Corp. U.S. Rep. Dave Loebsack (D-Iowa)…
Rail News Home Federal Legislation & Regulation 11/7/2018 Rail News: Federal Legislation & Regulation Canada seeks buyer for Ridley Terminals Ridley Terminals operate on Ridley Island in Prince Rupert, where they transfer bulk commodities from rail cars onto ocean-going vessels. Photo – rti.ca The Canada Development Investment Corp. (CDEV) has begun the process of selling…
Rail News Home Federal Legislation & Regulation 10/31/2018 Rail News: Federal Legislation & Regulation Canada's TSB highlights fatigue on safety watchlist TSB Chair Kathy Fox discussed the board's 2018 Watchlist at a press conference this week. Photo – TSB YouTube The Transportation Safety Board of Canada (TSB) this week released its Watchlist 2018 to highlight…
Rail News Home Federal Legislation & Regulation 10/26/2018 Rail News: Federal Legislation & Regulation Senate bill would provide railroads, ports equal footing for INFRA grants Sen. Tom Carper Photo – Carper's office Sen. Tom Carper (D-Del.) earlier this month introduced S. 3587, a bill that proposes to provide rail, intermodal and port projects a better…
Oct 25 (Reuters) - No. 1 U.S. railroad Union Pacific Corp reported a 33 percent rise in quarterly profit on Thursday, boosted by a rise in freight revenue. The company's net income rose to $1.59 billion, or $2.15 per share, in the third quarter ended Sept. 30, from $1.19 billion, or $1.50 per share, a…