(Adds comments from Canadian Pacific) MONTREAL, May 25 (Reuters) - Canadian Pacific Railway conductors and locomotive engineers on Friday rejected the company's latest contract offer, with their union saying negotiations would resume and raising the prospect of another possible strike at Canada's second-largest railroad. A strike by the estimated 3,000 workers could be called if…
Posts published in May 2018
Rail News Home Federal Legislation & Regulation 5/24/2018 Rail News: Federal Legislation & Regulation DHS announces anti-terrorism grant opportunities The U.S. Department of Homeland Security (DHS) this week announced the availability of $1.6 billion in grant funding for programs used to help prevent acts of terrorism.The grant programs provide funding to several categories of entities,…
Rail News Home Federal Legislation & Regulation 5/24/2018 Rail News: Federal Legislation & Regulation NTSB slates two-day hearing on fatal Amtrak crashes The Amtrak Cascades train derailed on Dec. 18 in Dupont, Washington. Photo – Washington State Patrol The National Transportation Safety Board (NTSB) will hold an investigative hearing July 10-11 on two recent Amtrak…
Photo – cn.ca CN plans to acquire 1,000 new generation high-cube grain hopper cars over the next two years, the Class I announced today.The investment is aimed at rejuvenating aging equipment needed to serve increasing annual crop yields, CN officials said in a press release. The new jumbo hopper cars will have 5,431 cubic feet…
Rail News Home Federal Legislation & Regulation 5/23/2018 Rail News: Federal Legislation & Regulation FRA to host webinar on PTC grant program FRA Administrator Ronald Batory Photo – fra.dot.gov The Federal Railroad Administration (FRA) will host a webinar next month for applicants interested in recently announced federal grant dollars to help pay for positive train…
* 95 percent of rail staff who voted reject SNCF reform plan * Macron and government stand firm on railway shake-up plan * Debt relief announcement due this week (updates with ballot result) PARIS, May 23 (Reuters) - Workers at France's state-owned SNCF rail company on Wednesday resoundingly rejected President Emmanuel Macron's planned overhaul of…
"Mad Money" Jim Cramer gets Union Pacific Chairman and CEO Lance Fritz's take on trade and the Trump administration's NAFTA talks. Fritz admits that he's worried about the deal, but sees a path forward. show chapters 'I am worried about NAFTA,' says CEO of major US railroad serving Mexico and Canada 10 Hours Ago |…
"Mad Money" host Jim Cramer reveals which oil plays could be worth eyeing. Cramer also hears from the CEOs of Rent the Runway, Union Pacific and Micron. In Cramer's lightning round, he explains why investors should steer clear of housing stocks. Lightning round: Don't take shelter in the housing stocks In Cramer's lightning round, he…