Rail News Home Federal Legislation & Regulation 1/12/2018 Rail News: Federal Legislation & Regulation UP estimates $6 billion benefit in 2017 from new tax law Union Pacific Railroad estimates that changes in the new tax law will provide a nearly $6 billion boost to the railroad's 2017 earnings.The Class I earlier this week disclosed the…
Posts published in “Day: February 3, 2018”
Rail News Home Federal Legislation & Regulation 1/12/2018 Rail News: Federal Legislation & Regulation USDOT outlines automated vehicle policy U.S. Transportation Secretary Elaine Chao said autonomous vehicles will have a "tremendous impact on society in terms of safety, mobility, and security." Photo – U.S. Senate Committee on Commerce, Science and Transportation U.S. Transportation Secretary Elaine…
Rail News Home Federal Legislation & Regulation 1/12/2018 Rail News: Federal Legislation & Regulation NTSB issues safety recommendations to UP, FRA and AAR A broken wheel led to the derailment of six of the 107 loaded tank cars carrying crude oil on May 6, 2015, in North Dakota. Photo – NTSB report The National Transportation…
Rail News Home Federal Legislation & Regulation 1/18/2018 Rail News: Federal Legislation & Regulation Congressmen press Amtrak for PTC status update U.S. Reps. Peter DeFazio (left) and Michael Capuano Photo – DeFazio and Capuano websites U.S. Reps. Peter DeFazio (D-Ore.) and Michael Capuano (D-Mass.) have asked Amtrak President and Chief Executive Officer Richard Anderson for…
Rail News Home Federal Legislation & Regulation 1/15/2018 Rail News: Federal Legislation & Regulation N.J., N.Y. congressmen call on Chao to fund Gateway rail project The states of New York and New Jersey have committed to funding $5 billion for the project to build a new rail tunnel under the Hudson River. Photo – Amtrak…
* Heavy storm in central, south China snarls coal trains * Beijing has been moving coal mining to more remote hubs * Coal freight lines to major centers of demand are inadequate BEIJING, Feb 3 (Reuters) - China's worst blizzard this winter exposed a flaw in Beijing's drive to create remote coal mining hubs as…
(Updating throughout) * Utilities under pressure due to tight gas, coal supplies * Coal futures up more than 10 pct so far this year * Snowstorms sweep across central, southern provinces * Some provinces ration power to industrial users * China Rail has prioritised coal on congested network BEIJING, Jan 29 (Reuters) - China's worst…
If there is one thing Americans can agree on these days, it is that our infrastructure is a mess. In his first State of the Union address on Tuesday, President Donald Trump focused on the issue. He called for a $1.5 trillion infrastructure bill to help rebuild our nation's crumbling infrastructure. To fund the plan,…
NEW BRUNSWICK, N.J. (AP) — The remaking of the state's transit agency, characterized recently as "a national disgrace" by Democratic Gov. Phil Murphy, continued Tuesday with the naming of a new executive director plucked from a major international engineering and construction firm. Kevin Corbett awaits approval by the New Jersey Transit board. If approved, he…