If You Missed Tesla, Here's Your "Second Chance"...

If you missed your shot at turning $1,000 into more than $18,000 when I recommended Tesla, you'll want to pay close attention. I'm 100% convinced Elon's "Agenda X" could make early investors rich. But you need to hurry, because Elon and Visa are moments away from launching.

Investigators say dispatching errors led to Union Pacific train crash that killed 2 workers

JOSH FUNK
August 29, 2024

OMAHA, Neb. (AP) -- Dispatching errors combined with the failure of two backup systems allowed a Union Pacific train to slam into 75 railcars that had been parked on a side track for nine months in Southern California two years ago, killing an engineer and a conductor, according to a report issued Thursday.

The National Transportation Safety Board's final report detailed what caused the crash in the desert near the Salton Sea in September 2022.

Investigators determined that mistakes made by dispatchers at the railroad's headquarters in Omaha led to the train being routed directly into the parked railcars. One dispatcher even overruled the train crew who said they had been told by a colleague that cars were still parked on that siding, because his computer screen didn't show anything on that track.

The NTSB said a dispatcher inappropriately removed a note in the computer indicating the track was occupied two weeks earlier without verifying the tracks were empty. Another dispatcher that night ignored a separate warning about the siding and sent the train into it also without checking to be sure the tracks were empty. Both actions violated Union Pacific's rules.

The railroad didn't immediately comment on the report.

Railroad safety has been a under scrutiny nationwide ever since a Norfolk Southern train derailed in East Palestine, Ohio, and spilled a collection of hazardous chemicals that caught fire. Half the town was evacuated three days later when officials decided to blow open five tank cars and burn the vinyl chloride inside, creating a massive black plume of smoke.

At the time of the California crash, the 7,368-foot (2,250-meter) train had two locomotives on the front and two on the back. It was the crew in the rear locomotives that were killed because the train backed into the cars.

Normally, a system installed on the tracks would electronically detect the parked railcars and reinforce the note in the dispatchers' computers. But that system failed because rust built up on the track and wheels of the cars during the months they sat idle and prevented the track circuit from conducting electricity.

Investigators checked the computer logs for the weeks before the crash and found that sometimes cars parked on the tracks would show up in the system and at other times they would disappear because of the rust causing intermittent problems.

In addition, Union Pacific rules called for the switches leading into tracks where railcars are being stored long-term to be mechanically locked out. But the NTSB "found no spikes or clamps applied to the switches leading into Bertram siding, indicating that UP personnel had not followed its own rules for protection of railcars in long-term storage."

After the crash, Union Pacific changed its rules to make it harder for that to happen. Dispatchers are now required to work with field managers to verify how long railcars are going to be stored and make sure maintenance workers remove tracks from service if the cars will be there more than 10 days.

Railroad managers also stressed with dispatchers that they must confirm a track is clear before removing a note in the computer saying they are occupied.

Continue Reading...

Popular

Cathie Wood's Alpha Surge: $250 Million Circle Windfall, Big AMD Buys

Cathie Wood, founder and CEO of ARK Invest, has recently been on a hot streak of successful and high-profile trades through her flagship ARK ETFs. 

Cargo ship carrying new vehicles to Mexico sinks in the North Pacific weeks after catching fire

ANCHORAGE, Alaska (AP) — A cargo ship that had been delivering new vehicles to Mexico sank in the North Pacific Ocean, weeks after crew members abandoned ship when they couldn’t extinguish an onboard fire that left the carrier dead in the water.

Wall Street Says BUY GOLD, But... - Ad

While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.

Nike Beats The Street And Says The Worst Is Over

Nike Inc (NKE) stock rallies after upbeat fiscal Q4 results. Analysts maintain Buy ratings, raise price targets, citing potential for growth.

Goldman Just Launched Two New Bond ETFs; Here's Why Investors Should Pay Attention

Goldman Sachs Asset Management debuts two new actively managed fixed income ETFs in response to rising demand for active strategies in a volatile rate landscape.

A 64% Dividend From Gold? - Ad

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

These are the celebs who are attending Jeff Bezos’ Venice wedding

VENICE, Italy (AP) — arrived in Venice on Thursday, leading a star-studded guest list of celebrities descending on the lagoon city for the weekend wedding of Amazon founder Jeff Bezos and Lauren Sánchez.

Must-See: Elon's New "Space" Device - Ad

Tech legend Jeff Brown predicts this "space technology" will be Elon Musk's next trillion-dollar business, and it will make a lot of people rich. This could be the biggest internet innovation since the first web browser Netscape kicked off the internet boom in the late 1990s.

Elon Musk Has A New Problem: BYD Beats Tesla In Global EV Sales Amid Europe Expansion

BYD has surpassed Tesla in global sales for the first time according to the International Council on Clean Transportation.

AI Bloodbath Coming on June 1st? - Ad

If you're invested in AI stocks, you need to see Elon Musk's new invention. A $2.2 trillion shakeup could hit as soon as June 1--crashing giants like Nvidia. Former hedge fund manager Enrique Abeyta reveals how to prepare.

DOGE-Fame 'Big Balls' Is Reportedly Leaving The Government Department Once Headed By Elon Musk — Dogecoin Price Rises

Another key figure at the Department of Government Efficiency, nicknamed “Big Balls”, has reportedly stepped down, following the exit of Elon Musk from the federal initiative meant to reduce wasteful spending.

Oracle Launches New Defense Program To Help US Military Tap Into AI And Cloud Tech

Oracle Corp announced the Oracle Defense Ecosystem, a global initiative to enhance technology innovation for defense & government sectors.

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

Why Are Central Banks Still Stockpiling Gold?

Central banks continue to increase gold reserves, viewing it as a tool to navigate global uncertainty. Confidence in gold remains strong.

Bernie Sanders Shares First Thing He Would Do As President — And It Could Be A Jab At Elon Musk

Bernie Sanders lost the 2016 and 2020 presidential races. In a recent interview, Sanders shared what he would do first if he were president.

The Missing Ingredient for Big Tech's $3T Recipe? - Ad

Big Tech doesn't build everything; they buy what's next. And only Emteq's tech offers real behavior insights for smart glasses, key to unlocking the $3T XR market. Their patented sensors track live facial muscle movements. With health-focused smart glasses in demand, only Emteq has this tech.

FDA requires updated warning about rare heart risk with COVID shots

WASHINGTON (AP) — said Wednesday it has expanded existing warnings on the two leading COVID-19 vaccines about a rare heart side effect mainly seen in young men.

Barrick's Top Gold Mine Placed Under State Control

Mali's Bamako Commercial Court put Barrick Mining's Loulo-Gounkoto gold complex under state control for 6 months after a prolonged standoff over taxation.

Crypto Genius: These 5 Altcoins Could Crush Bitcoin in 2025 - Ad

On June 30th, two powerful "Wealth Drivers" ignite what could be a 2025 super bull run-backed by Trump. One investmentThe altcoin market as a whole has already soared 132,721% over the past ten years and could surge again. A $900 stake could turn into $108K over 12 months. This is The Great Gain of 2025.

Asia shares climb after China and the US say they have a framework for seeking a trade deal

TOKYO (AP) — Asian shares mostly rose Wednesday after . said they had reached agreement on a framework for following up on the trade truce reached last month in Geneva.

US Credit Card Debt Hits $1.18 Trillion As Americans Downplay What They Owe

American credit card debt has surged to an astronomical $1.18 trillion, with a significant number of individuals reportedly concealing their financial predicaments.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Bye Bye Birdie: Twitter Blue Bird Logo Blown Up To Promote Online Marketplace Company

Elon Musk bought Twitter for $44 billion and rebranded it to X, auctioning off old memorabilia like the iconic blue bird logo. Ditchit, the buyer of the logo, recently blew it up in a promotional stunt.

International Space Station welcomes its first astronauts from India, Poland and Hungary

CAPE CANAVERAL, Fla. (AP) — The first astronauts in more than 40 years from India, Poland and Hungary arrived at the International Space Station on Thursday, ferried there by SpaceX on a private flight.

You Voted for Trump. You Didn't Vote for This... - Ad

Markets in chaos-stocks wiped out, tariffs from the 1930s, agencies collapsing. But it's not random: Trump's "GREAT RESET" is a four-year plan to reset markets, risking $10T in value. Discover if your retirement is in danger and learn the one trade that could turn $1,000 into $29,000 by the end of 2026.

Trump Administration Enforces Long-Dormant World War II-Era Alien Registration Act

The Trump administration has reactivated the Alien Registration Act, a World War II-era law that requires all non-citizens in the U.S. to register with the government and provide fingerprints.

The Latest: Death toll grows as Israel and Iran trade attacks for third day

The death toll is growing as exchanged missile attacks for a third consecutive day on Sunday, and Israel is warning that worse is to come.

If You Missed Tesla, Here's Your "Second Chance"... - Ad

If you missed your shot at turning $1,000 into more than $18,000 when I recommended Tesla, you'll want to pay close attention. I'm 100% convinced Elon's "Agenda X" could make early investors rich. But you need to hurry, because Elon and Visa are moments away from launching.

Online Gambling Giants Keep Beating The Odds, Even As Tax Crackdown Looms

Macquarie sees online gaming outperforming in Q2, with DraftKings and Flutter poised for record gains despite tax headwinds.

Firms led by US military veterans deliver aid in Africa and Gaza, alarming humanitarian groups

ON A PLANE OVER UPPER NILE STATE, South Sudan (AP) — Swooping low over the banks of a Nile River tributary, an aid flight run by retired American military officers released a stream of food-stuffed sacks over a town emptied by fighting in , a country wracked .

Wall Street Says BUY GOLD, But... - Ad

While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.

Meta, TikTok Challenge EU's Digital Services Act Fees, Call Them 'Absurd,' 'Discriminatory' And Based On Flawed Calculations

Meta and TikTok are challenging the EU's Digital Services Act supervisory fees, claiming the fee calculations are flawed, disproportionately high, and unfairly inflate their charges based on incorrect user counts.

A 64% Dividend From Gold? - Ad

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

Senate Republicans move to slash CFPB funding by half, risking hundreds of job cuts

NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of President Trump’s “Big Beautiful Bill,” which is likely to lead to hundreds of job cuts at the nation’s financial watchdog agency.

Trump's 'Numbskull' Insult Comes Back To Bite—In Record Time

Oil prices surged after Israel's airstrikes on Iran, reigniting inflation fears and complicating Trump's push for rate cuts. Powell's caution now seems more justified.

Must-See: Elon's New "Space" Device - Ad

Tech legend Jeff Brown predicts this "space technology" will be Elon Musk's next trillion-dollar business, and it will make a lot of people rich. This could be the biggest internet innovation since the first web browser Netscape kicked off the internet boom in the late 1990s.

Would you hail a 'robotaxi'? Musk bets cabs will give Tesla a lift after boycotts and sales plunge

NEW YORK (AP) — Elon Musk promised in 2019 that driverless Tesla “robotaxis” would be on the road “next year,” but it didn’t happen. A year later, he promised to deliver them the next year, but that didn’t happen either.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service