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Applying for a Railroad Retirement annuity

(Source: U.S. Railroad Retirement Board press release, May 11, 2015) CHICAGO — Railroad employees who are planning to retire should be aware of what steps to take and what documents are required when applying for an annuity from the Railroad Retirement Board (RRB)....

Amtrak funding on the line in final days of Illinois budget battle

(Source: St. Louis Post-Dispatch, May 28, 2015) ST. LOUIS, Mo. — As the Illinois Legislature enters the final days of hashing out a budget, the future of Amtrak service on routes that rely heavily on state funding — including service between St. Louis and Chicago —...

Amtrak wants to return baggage to passengers of derailed train

(Source: www.nj.com, May 29, 2015) PHILADELPHIA — Amtrak wants to help passengers who were on the train that derailed earlier this month get back the belongings they left behind at the scene, according to a report by NBC 10. Full story: www.nj.com

Opponents of CSX Virginia Ave. tunnel project lose again

(Source: Washington Post, May 28, 2015) WASHINGTON, D.C. — Southeast D.C. residents opposed to the reconstruction of the Virginia Avenue Tunnel have lost another bid to block the project. For the second time, a District Court judge has denied a petition seeking to...

BNSF, power plant owner settle long-running rate dispute

(Source: Associated Press, May 28, 2015) LINCOLN, Neb. — Lincoln Electric System and other owners of a Wyoming power plant have settled their long-running rates dispute with BNSF Railway over what the railroad charged for delivering coal to the plant, which serves...

Coal and fuel could temper CSX’s growth

(Source: Trefis, May 29, 2015) NEW YORK — Prices of coal and fuel have been fluctuating for quite some time now. For railroad operator CSX, the price movements of these commodities have a significant impact on its income statement. Coal is the single largest revenue...

Shipments of crude oil to East Coast declined in March

(Source: Pittsburgh Post-Gazette, May 28, 2015) PITTSBURGH, Pa. — Shipments of crude oil from the Midwest to the East Coast declined in March for the second consecutive month, according to new data released Thursday by the U.S. Energy Information Administration. Full...

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