Tag: Rail
Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change
The New York Federal Reserve published new rules for counterparties looking to use its money market balancer, casting uncertainty over intentions by s [...]
Fetterman, Brown, Casey unveil new rail safety bill
General view of the site of the derailment of a train carrying hazardous waste, in East Palestine, Ohio, March 2, 2023.Alan Freed | ReutersThree senat [...]
Norfolk Southern CEO backs parts of new rail safety bills
Norfolk Southern CEO Alan Shaw testifies at a hearing before the Senate Environment and Public Works Committee on protecting public health and the env [...]
Great British Railways: Derby chosen as location for new rail HQ
Derby is already home to the UK's largest train factory, which employs about 2,000 people, and the former Railway Technical Centre in the south-east o [...]
RMT members suspend strike action at Network Rail
"The RMT leadership's decision to put Network Rail's deal to its membership is a welcome development, but train operating staff will rightly be asking [...]
Rail Heat Sensors, Under Scrutiny in Ohio Crash, Face Few Regulations
Safety experts said the East Palestine derailment might not have happened had Norfolk Southern placed sensors closer together. The federal government [...]
Senate Republicans and Democrats Propose Rail Safety Bill
Weeks after a train carrying hazardous materials derailed outside East Palestine, Ohio, a bipartisan group of lawmakers has proposed that the Transpor [...]
Lawmakers Propose Legislation to Tighten Rail Safety Regulations
The train that derailed in Ohio was exempt from some federal safety requirements because it was not carrying enough hazardous material to be considere [...]
DeWine blames Ohio rail company for chemical spill: 'They should pay'
DeWine blames Ohio rail company for chemical spill: 'They should pay'
www.politico.com [...]
RMT union rejects latest offers in rail dispute
The union calls the deals from both Network Rail and the train operating companies "dreadful".
www.bbc.co.uk [...]
Biden Offers Millions for New York Rail Tunnel, Courtesy of His Infrastructure Bill
President Biden’s visit to New York City comes as Republicans have accused him of supporting reckless spending that fueled inflation.
www.nytimes.com [...]
Biden Visits Decrepit Rail Tunnel to Promote $1 Trillion Infrastructure Law
President Biden is focused on selling his legislative accomplishments after the new House Republican majority has vowed to block his agenda for the re [...]
Rail strikes: Unions say solution is ‘further away’ than ever
Steve Montgomery, chair of the Rail Delivery Group (RDG), which represents train companies, said the move to have drivers operating train doors was ai [...]
Northern England’s poor rail services caused by toxic mix, MPs told
Richard Scott, director at Avanti's parent company West Coast Partnership, told the MPs the new timetables represented a "40% uplift in services" and [...]
Post and rail workers walk out as strikes build
The rail network will be hit for a second day running and Royal Mail staff will begin further industrial action.
www.bbc.co.uk [...]