A newly built Brightline passenger train awaits shipment from Siemens Mobility’s rail factory in Sacramento, California. Brightline, Siemens Mobility Siemens, which says it’s already the biggest...
Tag: rail
Berkshire Rail, Insurance Units Earnings Slip on Weak Demand
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. reported weaker results in some of its key businesses, underscoring fears the US economy is facing a bumpy road ahead. But that didn’t dent...
Your Friendly Reminder That Pipelines Are Safer Than Rail
OHIO, UNITED STATES – FEBRUARY 17: Smoke and flames rise after after the train derailment in East … [+] Palestine, Ohio, United States on February 17, 2023. The train derailment happened o...
White House Demands GOP, Ex-Trump Officials Apologize To East Palestine For Toxic Rail Spill
Topline President Joe Biden’s office called on former President Donald Trump’s administration and Congressional Republicans to apologize for blocking rail and water safety regulations in a counter-att...
Smarter Railroad Tracks Are Boosting Train Safety And Efficiency
Improved digital circuits installed in rail tracks allow operators to more closely monitor the condition of trains, their wheels and tell when tracks may be warped by intense heat. Alstom Think “advan...
Democrats Push Biden To Use Executive Order For Rail Worker Sick Leave
Topline A group of 73 members of Congress sent a letter to President Joe Biden on Friday suggesting that an executive order to ensure guaranteed sick time for rail workers, after some Democrats were c...
Which Stocks Are Going To Suffer From A Rail Shutdown?
WASHINGTON, DC – U.S. President Joe Biden speaks after signing bipartisan legislation averting a … [+] rail workers strike in the Roosevelt Room at the White House. Getty Images Key Takeaw...
More rail strikes announced after union meets Government
Train platforms at Kings Cross Station during rail strikes in July – Aaron Chown/PA Wire Rail union the TSSA has served notice for strikes at a further six train operating companies and Network ...
Senate passes rail labor pact before strike deadline, sends to Biden
The Senate passed legislation that would force a tentative rail labor agreement and thwart a national strike. A separate vote on adding seven days of paid sick leave to the agreement failed. The appro...
Senate Votes To Avert Rail Strike—But Denies Railroad Workers’ Request For 7 Paid Sick Days
Topline The Senate approved a new contract between railroad companies and labor unions on Thursday in a last-minute vote, ahead of a December 9 deadline that could trigger a nationwide railroad strike...
House Approves Legislation To Prevent Rail Strike
Topline The House voted Wednesday to ratify a formal labor agreement between rail companies and labor unions, and voted to grant rail workers additional sick-leave benefits, aiming to prevent a strike...
With rail strike looming, tech companies reroute chips to trucking
A container delivery truck heads for one of the terminals at the Port of Long Beach in Long Beach, California. Frederic J. Brown | AFP | Getty Images Technology companies supplying critical semiconduc...
Why U.S. rail travel is so expensive
Amtrak’s Acela is the fastest passenger train in the Western Hemisphere, but tickets can be pricey. Amtrak fares can vary dramatically in the Northeast, home of the most heavily used stretch of ...
Threat of rail strike has supply chain ramping up contingency plans
An aerial view of shipping containers and freight railway trains ahead of a possible strike if there is no deal with the rail worker unions, at the BNSF Los Angeles Intermodal Facility rail yard in Lo...
Rail Strike Averted After White House Brokers ‘Tentative’ Deal—Here’s What You Need To Know
Topline Major freight rail companies and unions have struck a tentative deal to avert a damaging national rail strike, President Joe Biden announced early Thursday morning, a boon for his administrati...
Rail stocks, Arconic, NextEra Energy and more
Check out the companies making headlines before the bell: Union Pacific (UNP), CSX (CSX), Norfolk Southern (NSC) – Rail stocks are all higher in the premarket following news of a tentative agreement t...
Tentative Rail Strike Deal Could Avert New England Winter Energy Crisis
Rail oil tank cars transporting petroleum crude oil pass through Livingston, Montana heading west. … [+] (Photo by William Campbell/Corbis via Getty Images) Corbis via Getty Images The White Hou...
New U.K. Transport Secretary Was Road Campaign Chief, Denied Climate Change
New Secretary of State for Transport Anne-Marie Trevelyan. (Photo by Leon Neal/Getty Images) Getty Images Anne-Marie Trevelyan was last night appointed as the U.K.’s transport secretary in the first c...
Ningbo Rail Transit Introduced Payments In Digital Yuan
Ningbo Rail Transit has launched payments in digital yuan. The company revealed that 125 stations will be accepting the coin, as of now. Ningbo Rail Transit, a rapid transit system serving the N...
Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions
Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain companies collectively raised $30.3 billion in venture capital in the first half...
Tycoon Lim Kang Hoo’s Ekovest To Build $447 Million High-Speed Rail Linking Malaysia To Singapore
Vehicles form a long queue to enter the Woodlands Checkpoint in Singapore early on April 1, 2022, … [+] before crossing the causeway to Malaysia’s southern Johor state. Both countries are ...
Rail walk-out kicks off in UK amid fears of a summer of pay strikes
Forty thousand U.K. Network Rail staff and workers at 13 train operators have staged walkouts over pay in Britain’s biggest rail strike in 30 years. Jeff J Mitchell | Getty Images News | Getty I...
Siemens Mobility inks $8.7 billion deal for high-speed rail in Egypt
A train passes through a station in Egypt. The project involving Siemens Mobility will use trains that can reach a top speed of 230 kilometers per hour, and the line will be fully electrified. Paulvin...
Bill Gates Sells $940 Million of CN Rail Stock, Trimming Stake to 9%
(Bloomberg) — Bill Gates sold about $940 million of Canadian National Railway Co. shares, trimming one of the largest holdings of the investment firm that controls his $117 billion personal fort...
Rail regulators issue reporting requirements, seeking to improve rail backlogs
The Surface Transport Board said late Friday that it will require certain railroads to submit “service recovery plans” and additional data and regular progress reports on rail service, ope...
Hong Kong’s Rail Operator To Collab With The Sandbox: Plans a Virtual Station
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Town In Argentina To Mine Cryptocurrencies For Upgrading Its Rail System
The Argentine town of Sorradino in Santa Fe Province is planning to mine cryptocurrencies in order to raise the funds required for modernizing rail infrastructure and battle inflation rather than depe...
Argentinian Town Mining Crypto to Modernize Rail System
To avoid volatility in the price of crypto, an Argentine community of 6,000 members hopes to raise funds by selling their mined crypto. With the mayor’s blessing, the Argentine town of Sorradino in Sa...
Evangeline Lilly Is The Latest Celebrity To Rail Against Covid Vaccines Or Mandates
Since the first approved Covid-19 vaccine was administered in the U.S. in December 2020, these celebrities have spoken out against vaccination or mandates requiring them, with some spreading toxic mi...