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Daily Headlines
Railroad shares mixed at the close of February 3 trading
(The Associated Press circulated the following on February 3, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: Burlington Northern rose $.02 or percent, to $99.81. CSX fell $.47 or 1.1 percent, to $44.01. Canadian National...
LaHood: Texas didn’t have its act together on high-speed rail funds
(The following story by Richard S. Dunham appeared on the Houston Chronicle website on February 3, 2010.) WASHINGTON — U.S. Transportation Secretary Ray LaHood blamed Texas officials Wednesday for the state's failure to win federal aid for a high-speed rail system...
DOT pushes stimulus payouts to $8.8 billion
(The following story by John D. Boyd appeared on The Journal of Commerce website on February 3, 2010.) WASHINGTON, D.C. — The Department of Transportation pushed a hefty $524 million out to states in the week ending Jan. 22 to reimburse them for construction project...
Federal income tax and Railroad Retirement benefits
(The U.S. Railroad Retirement Board issued the following on February 3, 2010.) The following questions and answers describe the tax statements issued by the Railroad Retirement Board (RRB) each January for Federal income tax purposes. Railroad retirement beneficiaries...
In Chicago, railroad quiet zones on the right track
(The following story by Joseph Ruzich appeared on the Chicago Tribune website on February 3, 2010.) CHICAGO — It's gotten a little quieter for residents living along the Canadian National Railway in three western suburbs. A long-anticipated quiet zone in Berwyn,...
NY MTA fails to honestly rate contractors’ work, report says
(The following story by Michael M. Grynbaum appeared on the New York Times website on February 3, 2010.) NEW YORK — Outside contractors working on the Metropolitan Transportation Authority’s biggest projects are routinely given positive evaluations despite mediocre...
Winter Haven pursues logistics center for CSX terminal
(The following story by Donna Kelly appeared on the News Chief website on February 3, 2010.) WINTER HAVEN, Fla. — The city of Winter Haven is moving forward on the Integrated Logistics Center to be developed in conjunction with the CSX Intermodal Terminal planned for...
Opinion: High speed rail lines bypass Georgia
(The following column by Chick Krautler appeared on the Atlanta Journal-Constitution website on February 3, 2010. Chick Krautler is director of the Atlanta Regional Commission.) ATLANTA — Atlanta is a region with a history of strong leadership that takes bold,...
Ohio eyes creative ways to pay for passenger train
(The Associated Press circulated the following story by Matt Leingang on February 2, 2010.) COLUMBUS, Ohio — Ohio is looking at other states for creative ways to pay for a new passenger train service connecting Cleveland and Cincinnati, hoping to minimize political...
CP Rail stock upgraded to ‘hold’
(The Associated Press circulated the following story by Stifel Nicolaus on February 2, 2010.) DALLAS — Shares of Canadian Pacific Railway Ltd. rose Monday after the broader market rallied and Stifel Nicolaus upgraded the railroad's stock to "hold" from "sell." Stifel...
