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Daily Headlines
RRB: Summary of annual financial report to Congress
(The U.S. Railroad Retirement Board issued the following on August 3, 2010.) CHICAGO — The Railroad Retirement Board (RRB) is required by law to submit annual reports to Congress on the financial condition of the railroad retirement system and the railroad...
Credit for military service under the Railroad Retirement Act
(The U.S. Railroad Retirement Board issued the following on July 23, 2010.) CHICAGO — Many railroad employees have at some time served in the Armed Forces of the United States. Under certain conditions, their military service may be credited as rail service under the...
Officials hope train will stop in Lexington, N.C., by 2015
(The following story by Vikki Broughton Hodges appeared on The Dispatch website on August 23, 2010.) LEXINGTON, N.C. — In about five years from now, if the funding is approved, local residents could board a high-speed train to Charlotte or Raleigh and visitors could...
Rail supplier Wabtec completes Bach-Simpson buy
(The following story by John D. Boyd appeared on The Journal of Commerce website on August 23, 2010.) WASHINGTON, D.C. — Rail industry products supplier Wabtec completed its planned acquisition of electronic instrument maker Bach-Simpson from Global Railway Industries...
DOT signs off on grant agreement for R.J. Corman rail rehab project
(The following appeared on the Progressive Railroading website on August 23, 2010.) On Friday, the U.S. Department of Transportation (USDOT) announced it completed a grant agreement to help fund West Virginia’s portion of R.J. Corman Railroad Group’s “Appalachian...
National Gateway planners promote intermodal route at Maryland event
(The following appeared on the Progressive Railroading website on August 23, 2010.) Last week, National Gateway representatives discussed how local infrastructure projects can create jobs, enhance a regional economy and reduce air emissions at the Maryland Association...
New Metra Union Pacific North schedule snarls commute for many
(The following story by Richard Wronski appeared on the Chicago Tribune website on August 23, 2010.) CHICAGO — Metra's massive bridge-rebuilding project on the Union Pacific North line got off to a rough start Monday as commuters got tangled in a new train schedule...
Calif. judge finalizes decision not to reopen high-speed rail suit
(The following story by Bonnie Eslinger appeared on the San Jose Mercury News website on August 24, 2010.) SACRAMENTO, Calif. — A Sacramento Superior Court judge on Monday finalized his decision not to reopen a 2008 lawsuit Atherton, Menlo Park and other groups filed...
Florida DOT to hold public meetings on high speed rail
(The following story by Dennis Maley appeared on the Bradenton Times website on August 23, 2010.) TALLAHASSEE, Fla. — The Florida Department of Transportation will hold a series of public information meetings on the controversial Tampa-Orlando high speed rail project...
Norfolk Southern sells $250 million of 100-year bonds in boosted reopening
(Bloomberg News circulated the following on August 23, 2010.) NEW YORK — Norfolk Southern Corp. sold $250 million of 100-year bonds in a reopening, the first offering of such debt since 2005, according to data compiled by Bloomberg. The securities yield 5.95 percent,...
