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Daily Headlines
Amtrak CEO: New rail tunnels to New York critical
(Source: Philadelphia Inquirer, April 11, 2012) PHILADELPHIA — As Amtrak continues to set ridership records, chief executive Joseph Boardman said Wednesday that new rail tunnels to New York are "critical" to meeting growing passenger demand. Amtrak is seeking $35...
Ohio commemorates 150th anniversary of Civil War’s Great Locomotive Chase
(Source: Toledo Blade, April 12, 2012) TOLEDO, Ohio — One hundred and fifty years ago, a band of Union soldiers that would come to be known as Andrews' Raiders stole a train and set off on an ill-fated mission that created for them a permanent spot in Civil War...
RRB makes two executive appointments
(Source: Railroad Retirement Board press release, April 10, 2012) CHICAGO — The U.S. Railroad Retirement Board (RRB) has made two appointments related to its senior-level Executive Committee. Keith B. Earley has been appointed as the RRB’s Director of Administration,...
RailAmerica reports March 2012 monthly carloads down 3% from 2011
(Source: RailAmerica press release, April 11, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads in March 2012 were 74,414, down 3.0% from 76,732 in March 2011. The Company increased shipments in March 2012 in four out of 12...
FRA heralds groundbreaking of Dearborn intermodal train and bus station
(Source: Federal Railroad Administration press release, April 10, 2012) DEARBORN, Mich. — Federal Railroad Administrator Joseph C. Szabo today joined Senator Carl Levin and Congressman John Dingell to break ground on a new $28.2 million federally-funded intermodal...
Caltrain posts all-time high weekday ridership
(Source: Caltrain press release, April 5, 2012) SAN CARLOS, Calif. — Caltrain’s annual ridership count confirms what riders already know – more people are riding the train than ever before. Initial findings from the annual ridership count presented today at the...
N.J. governor slammed over tunnel cost estimate
(Source: Philadelphia Inquirer, April 10, 2012) PHILADELPHIA, Pa. — When Gov. Christie canceled a rail tunnel linking New Jersey and New York City by citing the burden it could place on New Jersey taxpayers, he overstated the estimated costs associated with the...
Canadian Pacific announces expectations for first-quarter 2012
(Source: Canadian Pacific Railway press release, April 10, 2012) CALGARY, Alberta — Canadian Pacific Railway Limited today announced that the Company expects to report first-quarter 2012 diluted earnings per share (EPS) in the range of 80 to 83 cents. This exceeds our...
Meth, cocaine found in locomotive at UP’s Bailey Yard
(Source: Wausau Daily Herald, April 10, 2012) NORTH PLATTE, Neb. — Cocaine and cellophane-wrapped packages of methamphetamine have been found in a locomotive at a western Nebraska rail yard. Authorities say workers in the diesel shop at Union Pacific's Bailey Yard in...
Big no-tax corporations just keep on dodging
(Source: Citizens for Tax Justice press release, April 9, 2012) WASHINGTON, D.C. — Last November, Citizens for Tax Justice and the Institute on Taxation and Economic Policy issued a major study of the federal income taxes paid, or not paid, by 280 big, profitable...
