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Daily Headlines
Model AMTRAK Train To Circle National Christmas Tree
(Foster Folly News published the following story on December 6, 2009.) Located on the Ellipse, just south of the White House, the National Christmas Tree has been a part of the holiday season since 1923. WASHINGTON – Model trains are as much a part of the holiday...
Ticket for train companies is US jobs
(The following story by Joan Lowry was circulated by the Associated Press on December 5, 2009.) WASHINGTON — The Obama administration is addressing concerns about European and Japanese companies cashing in on the $8 billion high-speed rail program. Transportation...
Buffett’s buyout of BNSF heads to court to decide location
(The following story by Bob Cox appeared in the Star Telegram December 4, 2009.) Legal skirmishing has commenced in courts in Texas and Delaware as lawyers from across the country prepare to do battle over whether Warren Buffett should have to pay more than $26.3...
Final RRB Informational Conference of 2009 is Dec. 11
CHICAGO — The U.S. Railroad Retirement Board holds free information conferences for railroaders. Conference registration begins at 8 a.m., with the programs beginning promptly at 8:30 a.m. and ending at 12:30 p.m. The final Conference of 2009 is as follows: December...
RRB: Medicare Part B Premiums for 2010
(The Railroad Retirement Board issued the following on October 27, 2009.) CHICAGO — The Centers for Medicare & Medicaid Services has announced that the standard monthly Part B premium will be $110.50 in 2010. However, most Medicare beneficiaries will not see an...
Year 2010 Railroad Retirement and Unemployment Insurance Taxes
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 2010. Railroad unemployment insurance tax rates paid by employers will continue to...
No Railroad Retirement benefit increase in 2010; Most retiree earnings limits remain at 2009 levels
(The Railroad Retirement Board issued the following on October 16, 2009.) CHICAGO — Railroad retirement annuities, like social security benefits, will not increase in January 2010 as there was no increase in the Consumer Price Index (CPI) from the third quarter of...
Russia police find bomb near train station-reports
(Reuters circulated the following on December 3, 2009.) MOSCOW — Police discovered a bomb in a car near a railway station in northern Russia on Thursday, days after a train bombing killed 26 people, local news agencies reported. The car was found near a station close...
Massachusetts Coastal to acquire CSXT’s operating rights on South Coast Lines
(The following appeared on the Progressive Railroading website on December 3, 2009.) Cape Rail Inc. subsidiary Massachusetts Coastal Railroad recently reached agreements with CSX Transportation and the commonwealth of Massachusetts regarding the purchase of CSXT’s...
Norfolk Southern launches new investor relations site
(Norfolk Southern issued the following on December 3, 2009.) NORFOLK, Va. — Norfolk Southern Corporation (NYSE: NSC) today launched a more comprehensive and user-friendly investors section on its Web site. To visit the site, go to www.nscorp.com and select the...