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Daily Headlines
Secret and lies of the bailout; ‘the ultimate bait-and-switch’
(Source: Rolling Stone, January 4, 2013) The federal rescue of Wall Street didn’t fix the economy — it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come. Full story: Rolling Stone
AAR: 2012 intermodal volume up 3.2 percent over 2011; 2nd highest level on record
(Source: Association of American Railroads press release, January 3, 2013) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed 2012 rail traffic compared with 2011. U.S. rail intermodal volume totaled 12.3 million containers and...
FRA provides $2.4 million grant for new rail bridge in Pennsylvania
(Source: Progressive Railroading, January 2, 2013) The Federal Railroad Administration (FRA) recently awarded a $2.4 million Rail Line Relocation program grant to Lycoming County, Pa., to build a new rail bridge spanning Loyalsock Creek in Loyalsock Township and...
Locomotive builder Progress Rail is contesting its property value in Indiana
(Source: The Star Press, January 1, 2013) MUNCIE, Ind. — Railroad locomotive maker Progress Rail Services wants the assessed value of its Muncie manufacturing property slashed dramatically, which would result in a big property tax savings for the company and a loss...
Birmingham city council approves new CSX railroad line over objections of area residents
(Source: The Birmingham News, January 2, 2013) BIRMINGHAM, Ala. — The Birmingham City Council today ended months of debate and indecision over a proposed new rail line in southwestern Birmingham with a split vote allowing CSX to proceed with its project. The approval...
Following mudlsides, Amtrak service resumes north of Seattle
(Source: Associated Press, January 2, 2013) SEATTLE — Amtrak says it has resumed its Cascades passenger train service between Seattle and Everett. Sound Transit says Sounder commuter train service in that corridor will resume Thursday morning. Burlington Northern...
Gov. Christie gives vote of confidence to NJ Transit director
(Source: Star-Ledger, January 2, 2013) NEWARK, N.J. — Gov. Chris Christie today defended NJ Transit and its executive director for the ill-fated decision to leave trains in rail yards that ended up underwater during Hurricane Sandy, saying, “It’s not a hanging...
Train operations notch safety gains in 2012, according to FRA report
(Source: Railway Age, January 2, 2013) NEW YORK — In a report posted Dec. 31, the Federal Railroad Administration's Office of Safety Analysis described strong safety gains in freight train operations in the first 10 months of 2012. Full story: Railway Age
Thanks to Gerrymandering, Democrats would need to win the popular vote by over 7 percent to take back the House
(Source: Think Progress, January 2, 2013 As of this writing, every single state except Hawai’i has finalized its vote totals for the 2012 House elections, and Democrats currently lead Republicans by 1,362,351 votes in the overall popular vote total. Democratic House...
Opinion: Derelict 112th Congress sets new record for low achievement
(Source: Los Angeles Times, January 3, 2013) LOS ANGELES — The 112th Congress worked hard on just one thing: competing to be known as the most worthless, incompetent, do-nothing gathering of lawmakers in the nation’s history. These political underachievers may well...
