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Daily Headlines
Railroad Retirement annuities and pensions from work not covered by Social Security or Railroad Retirement
(The U.S. Railroad Retirement Board issued the following on November 4, 2009.) CHICAGO — Employee annuities paid under the Railroad Retirement Act are subject to dual benefit reductions when social security benefits are also payable, and they may be subject 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...
BNSF honors shortline railroad for partnership excellence
(BNSF Railway issued the following on November 17, 2009.) FORT WORTH, Texas — BNSF has recognized the Yellowstone Valley Railroad (YSVR), located in Eastern Montana, with a BNSF Shortline Achievement Award. The award was presented to John Brown, Watco Companies chief...
CN reaches 20th voluntary mitigation agreement in EJ&E integration
(CN issued the following on November 17, 2009.) CHICAGO — CN announced today a voluntary mitigation agreement (VMA) related to its acquisition of the principal lines of the former Elgin, Joliet and Eastern Railway Company (EJ&E) with the Village of Lake Zurich, Ill.,...
Ex-UP conductor wins lawsuit appeal
(The following story by Joe Ruff appeared on the Omaha World-Herald website on November 18, 2009.) OMAHA, Neb. — A former conductor with Union Pacific Railroad will get another day in court on her claim that she contracted West Nile virus while working and that the...
CSX raises Philadelphia bridge clearances
(The following story by John D. Boyd appeared on The Journal of Commerce website on November 17, 2009.) WASHINGTON, D.C. — Pennsylvania’s governor joined with Philadelphia’s mayor and the chairman, president and CEO of eastern-U.S. rail giant CSX Transportation to...
Fla. governor hopeful lawmakers will have special session on rail
(The following story by Catherine Dolinski appeared on The Tampa Tribune website on November 18, 2009.) TALLAHASSEE, Fla. — Gov. Charlie Crist said he is "hopefully optimistic" that lawmakers will hold a special session soon about commuter rail, which could help the...
Buffett ‘not entitled to spectacular’ BNSF returns
(The following story by John D. Boyd appeared on The Journal of Commerce website on November 17, 2009.) WASHINGTON, D.C. — After Warren Buffett’s Berkshire Hathaway concludes his deal to buy up BNSF Railway, the investor says he will expect a “reasonable return” on...
CP Rail moves a piece of Montreal’s heritage to Calgary
(The following story by Ingrid Peritz appeared on the Globe and Mail website on November 18, 2009.) MONTREAL — He's deemed one of Canada's greatest financial geniuses of all time, a builder of the mighty railroad and the first Canadian to earn a peerage. Yet even...
GE’s Erie plant sells 300 Chinese locomotive kits
(The Associated Press circulated the following on November 17, 2009.) ERIE, Pa. — GE Transportation in Erie says it has sold 300 locomotive kits to China, where the engines will be assembled with some other parts manufactured there. The deal comes on the heels of...
