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Daily Headlines
Three small roads make management changes; RailAmerica revises board
(The following appeared on the Progressive Railroading website on April 15, 2010.) Paducah & Louisville Railway Inc. (PAL) recently named Tom Garrett president, according to the American Short Line and Regional Railroad Association. He also will serve as president of...
CSX hikes Positive Train Control costs to $1.2 billion
(The following story by John D. Boyd appeared on the Journal of Commerce website on April 14, 2010.) WASHINGTON, D.C. — Eastern-U.S. railroad CSX Transportation now expects to spend $1.2 billion or more developing and installing the crash avoidance technology known as...
Railroad shares mixed at the close of April 15 trading
(The Associated Press circulated the following on April 15, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX fell $.21 or .4 percent, to $55.25. Canadian National rose $.94 or 1.5 percent, to $63.35. Canadian Pacific...
AAR: Broad gains in weekly U.S. rail freight traffic
(The Association of American Railroads issued the following on April 15, 2010.) WASHINGTON, D.C. — The Association of American Railroads today reported that freight traffic on U.S. railroads was once again up sharply for the week ended April 10, 2010 compared with the...
CSX workers bring smile to boy’s face with new bike
(The following story by Rick McCrabb appeared on the Middletown Journal website on April 16, 2010.) MIDDLETOWN, Ohio — They came to town to repair our railroad tracks. And in the process, they fixed our beliefs in humanity. On Wednesday, April 14, Levi Hensley, a...
Benefits under Railroad Retirement and Social Security
(The U.S. Railroad Retirement Board issued the following on March 3, 2010.) CHICAGO — Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, April 12 — 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....
Kansas man convicted in conspiracy to defraud BNSF
(The following story by Eric Torbenson appeared on The Dallas Morning News website on April 14, 2010.) DALLAS, Texas — A federal jury in Fort Worth has convicted Robert Steele, 64, of Gardner, Kan., on seven counts of wire fraud and conspiracy to commit wire fraud...
Opinion: Railroads are keen to gather steam
(The following column by Christopher Barker appeared on the Motley Fool website on April 14, 2010.) NEW YORK — If you have never journeyed across a continent by train, it could make an excellent addition to your bucket list. I can think of few experiences that provide...
New York City to improve freight shipping capabilities
(The following appeared on the Progressive Railroading website on April 14, 2010.) Yesterday, New York City officials unveiled a new waterfront plan. To be implemented during the next decade, the plan calls for turning the waterfront into a central shipping hub and...
