Amtrak train 91, which was traveling from Penn Station in New York to Miami, should have been on the main line, but it was directed to tracks just east of it, where a CSX train was parked.
Freight brokers’ revenues went up but margins went down in 2017; Amtrak blames CSX for yesterday’s crash; Hazelwood won’t testify in Pilot trial; oil tanker shipping rates crater; click through for more!
Global technology company Wabco Holdings has acquired a 1% equity stake in Nikola Motor Company with a $10 million investment. Nikola is designing a hydrogen-electric Class 8 truck.
Travel around the DuPont area of Washington remains snarled this morning as officials work to clear wreckage from the Amtrak derailment over Interstate 5, just south of Tacoma, that killed at least 3 people and injured dozens more.
Skepticism over hyperloop technology has been expressed by Amtrak CEO Richard Anderson. Business Insider quoted Anderson as saying that the technology is not “realistic right now.”
