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Posts published in “Day: January 29, 2019”

NTSB: Accident investigation evidence may be lost due to shutdown

Rail News Home Federal Legislation & Regulation 1/29/2019 Rail News: Federal Legislation & Regulation NTSB: Accident investigation evidence may be lost due to shutdown Robert Sumwalt is chairman of the NTSB. Photo – ntsb.gov The National Transportation Safety Board (NTSB) resumed normal operations yesterday and began developing plans to address work that could not be…

Banedanmark settles with Alstom over ETCS delays

Banedanmark settles with Alstom over ETCS delays 29 Jan 2019 DENMARK: Infrastructure manager Banedanmark has reached a settlement with Alstom over revisions to the 2012 contract to supply and install ETCS onboard equipment for the national Signalling Programme. Under the ambitious timescale approved in 2009, the installation of both lineside and onboard equipment had been…

A key market sector is signaling the Fed should stay on hold

Recent earnings from railroad operators Norfolk Southern and Union Pacific offer key insights into the state of U.S. commerce, says CNBC's Jim Cramer.The results suggest that the Federal Reserve would do well by keeping its planned interest rate increases on hold, Cramer says.The Federal Open Market Committee, which makes decisions on interest rates, meets this…