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Daily Headlines
California group looks to buy Siskiyou rail line
(The Associated Press circulated the following on January 7, 2010.) ROSEBURG, Ore. — A California-based rail group has asked the federal Surface Transportation Board to defer making a ruling on a petition to have West Texas and Lubbock Railway operate the 218-mile...
Lautenberg applauds major contract award for work on new mass transit tunnel
(The office of Senator Frank R. Lautenberg issued the following on January 7, 2010.) WASHINGTON, D.C. — U.S. Senator Frank R. Lautenberg (D-NJ) today applauded NJ Transit for awarding the first contract for work on the New Jersey side of the new Mass Transit Tunnel....
Amtrak ridership up in Elkhard, Ind.
(The following report by Ed Ernstes appeared at WSBT.com on January 7, 2010.) ELKHART, Ind. — It’s a scene that is being repeated in Elkhart. More people are taking the Amtrak train. Doug Williams of Elkhart is taking the train for the first time, heading to...
Lawsuit challenges permit for BNSF rail hub in Johnson County
(The following story by Brad Cooper appeared on the Kansas City Star website on January 7, 2010.) KANSAS CITY, Mo. — A coalition of environmental groups and several individuals is challenging a federal permit that would open the door for massive rail hub in southwest...
Freight rail’s dramatic (but precarious) comeback
(The following story by Melissa Lafsky appeared at Infrastructurist.com on January 7, 2010.) When Warren Buffett buys one of the largest freight railway companies in the country, it can only mean good things for the industry. Still, as the LA Times reports, the...
West Palm Beach proposed as hub to connect rail lines for passenger trains
(The following story by Andrew Abramson appeared on the Palm Beach Post website on January 7, 2010.) WEST PALM BEACH, Fla. — If Treasure Coast Regional Planning Council and city officials have their way, West Palm Beach could have up to eight passenger train stations...
Kansas City Southern begins debt buyback offer
(The following appeared on the Kansas City Star website on January 7, 2010.) KANSAS CITY, Mo. — Kansas City Southern has begun a tender offer to buy back up to $240 million of its debt. The railroad company said the offer to buy its 9.375 percent notes due in 2012...
U.S. to require stronger passenger railcars after collisions
(Bloomberg News circulated the following story by Angela Greiling Keane on January 7, 2010.) WASHINGTON, D.C. — Passenger trains in the U.S. must be manufactured to better withstand collisions under a federal rule being published tomorrow that follows fatal accidents...
Intermodal hits lowest level since 2003
(The following story by John D. Boyd appeared on the Journal of Commerce website on January 7, 2010.) WASHINGTON, D.C. — Major U.S. railroads hauled fewer intermodal units in 2009 than any time since 2003, meaning the deep recession took six years of growth away from...
Railroad shares mixed at the close of Jan. 7 trading
(The Associated Press circulated the following on January 7, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: Burlington Northern fell $.10 or .1 percent, to $98.80. CSX fell $.35 or .7 percent, to $49.96. Canadian National...
