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Daily Headlines
St. Louis-Chicago high-speed rail work to begin in September
(The following appeared on the Kansas City Star website on July 22, 2010.) ST. LOUIS, Mo. — Track upgrades needed to increase passenger train speeds and cut travel time between St. Louis and Chicago will begin in early September, Illinois Gov. Pat Quinn announced...
FTA study: $77.7 billion needed to bring nation’s rail and bus systems into ‘state of good repair’
(The Federal Transit Administration issued the following on July 21, 2010.) WASHINGTON, D.C. — A Federal Transit Administration (FTA) study released today estimates the cost of bringing the nation’s rail and bus transit systems into a state of good repair at $77.7...
Amtrak ridership soars from Seattle to Portland, Seattle to Vancouver, B.C.
(The following appeared on the Seattle Times website on July 21, 2010.) SEATTLE, Wash. — Amtrak Cascades, which operates trains from Seattle to Portland and Seattle to Vancouver, B.C. has shown double-digit ridership growth and has broken records each month this year,...
Kansas City Southern border route expected to reopen this weekend
(The following story by Randolph Heaster appeared on the Kansas City Southern website on July 21, 2010.) KANSAS CITY, Mo. — A key U.S.-Mexico gateway for Kansas City Southern is expected to reopen this weekend. Kansas City Southern de Mexico's bridge line between...
Class I railroads add workers in June
(The following appeared on the Progressive Railroading website on July 21, 2010.) At 2010’s midpoint, the U.S. Class Is’ traffic uptick was evident in employment figures. As of mid-June, they employed 151,527 workers, up 0.4 percent from May’s total and 1.3 percent...
Railroad shares mixed at the close of July 21 trading
(The Associated Press circulated the following on July 21, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX fell $.59 or 1.2 percent, to $50.02. Canadian National fell $1.06 or 1.8 percent, to $59.10. Canadian Pacific...
Union Pacific reports record earnings in 2010 2Q
(Union Pacific issued the following on July 22, 2010.) Omaha, Neb., July 22, 2010 – Union Pacific Corporation (NYSE: UNP) today reported 2010 second quarter net income of $711 million, or $1.40 per diluted share, compared to $465 million, or $0.92 per diluted share,...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, July 21 — 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....
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...
RRB: Benefit rate increase for Railroad Unemployment and Sickness benefits
(The Railroad Retirement Board issued the following on June 29, 2010.) CHICAGO — The maximum daily benefit rate payable for claims under the Railroad Unemployment Insurance Act increases to $66 from $64 in the new benefit year, which begins July 1, 2010. Benefits are...
