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Daily Headlines
RRB updates its customer service plan
(Source: U.S. Railroad Retirement Board press release, January 11, 2011) CHICAGO — The U.S. Railroad Retirement Board's Customer Service Plan promotes the principles and objectives of customer-driven quality service agency-wide. The RRB's plan lays out the standards...
Police looking for victim after severed arm found in BNSF rail yard
(Source: Springfield News-Leader, February 9, 2012) SPRINGFIELD, Mo. — The circumstances around a severed arm found Monday at the BNSF rail yards remain a mystery as police continue to search for who lost the limb, which was apparently amputated by a train. Full...
CP Rail defends DM&E deal, which Ackman sees as “blunder”
(Source: Bloomberg News, February 9, 2012) NEW YORK — Canadian Pacific Railway Ltd. defended its 2008 purchase of U.S. rail line Dakota, Minnesota & Eastern (DM&E) after its biggest shareholder, William Ackman, called the $1.48 billion acquisition a “blunder.” Full...
CN’s newest intermodal terminal opens in Chippewa Falls, Wisc.
(Source: CN press release, February 3, 2012) CHIPPEWA FALLS, Wisc. — CN today marked the opening of its newest intermodal terminal at Chippewa Falls in a ribbon-cutting ceremony here. The terminal, located only 100 miles east of Minneapolis/St. Paul, offers Wisconsin...
Genesee & Wyoming reports results for the fourth quarter of 2011
(Source: Genesee & Wyoming press release, February 8, 2012) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) reported net income in the fourth quarter of 2011 of $33.3 million, compared with net income of $19.9 million in the fourth quarter of 2010. GWI's diluted...
CSX Corporation declares quarterly dividend
(Source: CSX press release, February 8, 2012) JACKSONVILLE, Fla. — Earlier today, the Board of Directors of CSX Corporation approved a $0.12 per share quarterly cash dividend on the company's common stock. The dividend is payable on March 15, 2012, to shareholders of...
UP’s PRB coal train loadings lagged a bit in January
(Source: Progressive Railroading, February 8, 2012) Last month, Union Pacific Railroad loaded 1,022 coal trains in the Southern Powder River Basin compared with 1,056 trains in January 2011. Full story: Progressive Railroading
Opinion: California high-speed rail… or fail?
(Source: Los Angeles Times opinion column, February 9, 2012) LOS ANGELES — When you can't figure out how to pay for schools and colleges, road improvements, support for the elderly and disabled — not to mention a hundred other things — should you begin building a...
Amtrak, MDOT officials say they are confident trains traveling 110 mph are safe
(Source: Kalamazoo Gazette, February 9, 2012) KALAMAZOO, Mich. — A day after the announcement that Amtrak trains will increase speeds to 110 mph between Kalamazoo and Porter, Ind., transportation officials said they are comfortable that the rail line can safely handle...
Amtrak showcases the great migration exhibit in honor of Black History Month
(Source: Amtrak press release (PDF), February 6, 2012) WASHINGTON, D.C. — In celebration of Black History Month, Amtrak is featuring the Great Migration of African Americans exhibit on their MyBlackJourney.com microsite. The Great Migration exhibit chronicles the...
