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Daily Headlines
Opinion: GOP takes wrong track on Amtrak
(Source: Albany Times-Union, September 19, 2012) ALBANY, N.Y. — Mitt Romney and the Republicans want to stop paying for train travel. Do we want a country where we heavily subsidize highway travel, but ignore rail — even where it makes the most sense? Full story:...
Amtrak ridership up for 11 consecutive months; July 2012 single best ridership month in Amtrak’s history
(Source: Register-Mail, September 11, 2012) GALESBURG, Ill. — Amtrak ridership is surging this year with 11 consecutive monthly ridership records. In each month of the current fiscal year, Amtrak has posted the highest ridership total ever for that particular month...
Railroad stocks mixed at close of September 17 trading
(Source: Associated Press, September 17, 2012) NEW YORK — Shares of some top railroad stocks were mixed at the close of trading on September 17, including CN, which fell 0.5 percent, and CSX, which rose 0.4 percent. Full story: CBS News
Massachusetts’ purchase of CSX line may lead to improved Springfield-Boston passenger service
(Source: The Republican, September 17, 2012) WEST SPRINGFIELD, Mass. — The state plans to close early next month on the purchase of a CSX railroad line between Framingham and Worcester, something that might lead to improved passenger rail service from Springfield to...
Teamsters laud Obama Administration for action against China’s unfair, illegal protection of its auto industry
(Source: International Brotherhood of Teamsters press release, September 17, 2012) WASHINGTON, D.C. — The Teamsters Union applauded the Obama administration today for challenging China over illegally and unfairly protecting its auto and auto parts industries through...
Railroad stocks up at close of September 14 trading
(Source: Associated Press, September 14, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on September 14, including CSX, which rose 0.5 percent, and Union Pacific, which rose 1.5 percent. Full story: CBS News
NW Indiana’s clogged railroads to get $71 million upgrade
(Source: Associated Press, September 13, 2012) PORTER, Ind. — Northwestern Indiana's congested railroad corridors will see some upgrades with $71 million in federal money to help speed the flow of passenger and freight trains and perhaps help progress on a...
Union Pacific project transforming New Mexico desert area to ‘a Jiffy Lube for trains’
(Source: Omaha World-Herald, September 14, 2012) OMAHA, Neb. — A year ago, the area resembled any 2,000-acre slice of desert in rural New Mexico. Wild sagebrush covered sprawling landscape. Mountains surrounded the dry plateau, also home to a small airport and...
Rail facilities increasing in western North Dakota oil patch
(Source: Minot Daily News, September 14, 2012) MINOT, N.D. — The number of facilities served by rail in the oil patch in western North Dakota is on the rise. Full story: Minot Daily News
Surface Transportation Board calculates rail industry’s cost of capital for 2011
(Surface Transportation Board press release, September 13, 2012) WASHINGTON, D.C. — The Surface Transportation Board announced today that it has issued its decision calculating the railroad industry's cost of capital for 2011. In Railroad Cost of Capital — 2011,...
