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Daily Headlines
Genesee & Wyoming 2Q net more than doubles
(Dow Jones Newswires circulated the following on August 3, 2010.) GREENWICH, Conn. — Genesee & Wyoming Inc.'s (GWR) second-quarter profit more than doubled following prior-year charges, as higher shipments gave revenue a lift. Results beat Wall Street's expectations...
House bill calls for national freight policy
(The following story by William B. Cassidy appeared on The Journal of Commerce website on August 2, 2010.) WASHINGTON, D.C. — A bill introduced in the House last week matches Senate legislation calling for a national freight transportation policy at the Department of...
Amtrak extends Boardman’s CEO contract through 2013
(The following appeared on the Progressive Railroading website on August 2, 2010.) Late last week, Amtrak’s board voted to extend the contract of President and Chief Executive Officer Joseph Boardman through 2013. Boardman was first appointed interim president and CEO...
House approves FY2011 transportation appropriations
(The following appeared on the Progressive Railroading website on August 2, 2010.) Late last week, the House passed the FY 2011 Transportation, Housing and Urban Development Appropriations bill by a 251-167 vote. The bill aims to create jobs and bolster the economic...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, August 2 — The U.S. Railroad Retirement Board will hold free informational conferences throughout 2010 for elected officers of all railroad labor unions. The following is a list of informational conferences that have been scheduled thus far for 2010....
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...
Proposed rules would mandate electronic payments for RRB beneficiaries still receiving paper checks
(The U.S. Railroad Retirement Board issued the following on July 12, 2010.) CHICAGO — Paper checks may be a thing of the past for U.S. Railroad Retirement Board (RRB) beneficiaries who still receive them, under a recent initiative announced by the Department of the...
BNSF proposes wind energy hub in Pasco
(The following story by Pratik Joshi appeared on the Tri-City Herald website on August 1, 2010.) PASCO, Wash. — BNSF Railway Co. wants to create a wind energy hub in the Big Pasco Industrial Center. The railroad company, which operates one of North America's largest...
CN announces plan to buy back shares through private agreements
(CN issued the following on July 30, 2010.) MONTREAL — CN announced today that it intends to purchase for cancellation up to two million of its common shares pursuant to private agreements between CN and an arm’s-length third-party seller. The purchases will form part...
Opinion: Setting the record straight on North Charleston’s rail plan
(The following column by R. Keith Summey appeared on the Charleston Post Courier website on August 1, 2010. He is the Mayor of North Charleston, S.C..) CHARLESTON, S.C. — Recently I met with a packed auditorium of North Charleston residents to discuss a proposed rail...
