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Daily Headlines
STB bill ‘concerns’ rail industry group
(The following story by John D. Boyd appeared on The Journal of Commerce website on December 17, 2009.) WASHINGTON, D.C. — The major lobbying group for the railroad industry said it has “concerns” about pending legislation to beef up the Surface Transportation Board...
Senate panel moves to tighten rules on railroad rates
(Dow Jones circulated the following story by Josh Mitchell on December 18, 2009.) WASHINGTON, D.C. —A Senate committee approved legislation Thursday to impose tighter regulation of the rates that freight railroads charge shippers to transport goods, but the bill...
AAR: Weekly U.S. rail freight traffic remains down
(The Association of American Railroads issued the following on December 17, 2009.) WASHINGTON, D.C. – Dec. 17, 2009 – The Association of American Railroads today reported that freight rail traffic remains down for the week ending Dec. 12, 2009. U.S. railroads reported...
Longevity of Railroad Retirement Beneficiaries
(The U.S. Railroad Retirement Board issued the following on December 1, 2009.) CHICAGO — Every three three years, the Railroad Retirement Board’s Chief Actuary conducts a study of the longevity of its annuitants, as part of a valuation of future revenues and benefit...
Year 2010 Railroad Retirement and Unemployment Insurance Taxes
(The U.S. Railroad Retirement Board issued the following on December 1, 2009.) CHICAGO — The amounts of compensation subject to railroad retirement tier I and tier II payroll taxes and the tier I and tier II tax rates on employees and employers remain unchanged in...
Holiday cheer rolls through aboard BNSF’s Santa Claus Express
(BNSF Railway issued the following on December 16, 2009.) FORT WORTH, Texas — Santa Claus and his merry helpers will ride the rails and distribute gifts to hundreds of deserving children on board the 19th annual BNSF Santa Claus Express train as it travels through...
CSX donates $30,000 to Abbeville group
(The following story by Justin Schoenberger appeared on the Index-Journal website on December 17, 2009.) ABBEVILLE, S.C. — The group that helped make Abbeville High School’s nearly $1 million baseball field a reality recently got a $30,000 boost from a company that...
KCS reassigns Goode to VP post; RailAmerica assigns three execs to VP positions
(The following appeared on the Progressive Railroading website on December 16, 2009.) Kansas City Southern has promoted Gene Goode from assistant vice president of finance to vice president-administration for the Kansas City Southern Railway Co. He will report to...
Amtrak’s Lynchburg-Washington line beats projections
(The following story by Ray Reed appeared on the Lynchburg News Advance website on December 17, 2009.) RICHMOND, Va. — The new Amtrak train between Lynchburg and Washington had twice as many passengers as expected during its first month of operation in October, state...
Alberta man says terrifying train ride taken as lark could have been his last
(The Canadian Press circulated the following story by Gwen Dambrofsky on December 17, 2009.) WETASKIWIN, Alta. — As Jonathan Hambler clung with his bare hands to the freezing metal of a freight train that was barrelling into the unknown darkness of a frigid prairie...