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Posts published in “Railroad Legal News”

USDOT issues $46 million in TIGER grants for rail projects in Maryland, Indiana and New Mexico

Rail News Home Federal Legislation & Regulation 3/8/2018 Rail News: Federal Legislation & Regulation USDOT issues $46 million in TIGER grants for rail projects in Maryland, Indiana and New Mexico The USDOT expects to officially announce the complete list of the latest TIGER grant awards by week's end. Photo – Progressive Railroading file photo [Editor's…

Trump nominates Fuchs, Schultz to serve on STB

Rail News Home Federal Legislation & Regulation 3/5/2018 Rail News: Federal Legislation & Regulation Trump nominates Fuchs, Schultz to serve on STB President Donald Trump last week nominated Patrick Fuchs and Michelle Schultz to serve five-year terms on the Surface Transportation Board (STB).Fuchs, of Wisconsin, is a senior professional staff member working on surface transportation…

Workers in Putin’s stronghold speak

NIZHNY TAGIL, Russia (AP) — Yevgeny Solozhnin, a 61-year-old welder and Vladimir Putin supporter, is looking for a telephone number to call the Russian president and complain about the harsh wage cuts that halved his paycheck at the state tank and railroad car plant. Solozhnin doesn't blame Putin for this, he just wonders if Putin…

UPDATE 2-Siberian blizzards blast Britain and Ireland, drivers trapped in Scotland

Scotland@ * Red weather warnings in Scotland, Ireland and England * Worst weather in Britain since 1991 * Flights delayed, trains cancelled, roads blocked * Ireland braces for worst snow since 1982 * National grid say buying extra gas as demand soars (Updates with cancellations, closures, details from Europe) EDINBURGH/DUBLIN, March 1 (Reuters) - Snow…

UPDATE 4-For CSX, more job and train cuts in post-Harrison era

(Adds share price) March 1 (Reuters) - U.S. railroad operator CSX Corp said on Thursday at its first investor day since the death of former Chief Executive Hunter Harrison that more cuts to jobs, rail cars and locomotives were key to its three-year plan for boosting profitability and streamlining operations. Harrison, cherished by investors for…

UPDATE 3-Siberian blizzards blast Britain and Ireland as Storm Emma approaches

approaches@ * Red weather warnings in Scotland, Ireland and England * Worst weather in Britain since 1991 * Flights delayed, trains cancelled, roads blocked * Ireland braces for worst snow since 1982 * National grid say buying extra gas as demand soars (Updates with Irish PM warning) EDINBURGH/DUBLIN, March 1 (Reuters) - Snow storms from…

UPDATE 5-CSX sticks with Harrison plan to cut jobs, reduce trains

(Recasts first sentence, updates share price) March 1 (Reuters) - U.S. railroad operator CSX Corp said on Thursday it would stick with a plan started by former Chief Executive Hunter Harrison, who died in December, to boost profit through cutting jobs and rail cars. Harrison, an investor favorite for leading turnarounds of Canada's two major…