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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...

STB announces second series of oral arguments for Nov. 23

(The Surface Transportation Board issued the following on November 3, 2009.) WASHINGTON, D.C. — The Surface Transportation Board has scheduled a second series of oral arguments for Monday, Nov. 23 at 9:30 a.m. at the STB's Washington headquarters. Board members will...

Officials: UP chemical accident a learning experience

(The following story by John Lindenberger appeared on The North Platte Telegraph website on November 4, 2009.) NORTH PLATTE, Neb. — Concerns over the response to a recent chemical accident at Union Pacific's Bailey Yard has caused railroad officials to reevaluate...

Genesee & Wyoming generates less revenue, cuts more costs

(The following appeared on the Progressive Railroading website on November 3, 2009.) In the third quarter, Genesee & Wyoming Inc.’s (GWI) total revenue declined 14.4 percent to $136.4 million compared with third-quarter 2008’s total primarily because of the...

UP’s coal train loadings lag again in October

(The following appeared on the Progressive Railroading website on November 3, 2009.) In October, Union Pacific Railroad loaded 894 coal trains in the southern Powder River Basin (SPRB) compared with 1,135 trains in October 2008. On Oct. 16, a loaded coal train...

Strike-crowded Philly commuter train catches fire

(The Associated Press circulated the following story by Martha Raffaele on November 4, 2009.) PHILADELPHIA — A Philadelphia commuter train caught fire during the morning rush Wednesday, complicating commutes hampered by the city's transit strike. Officials said no...

SEPTA strike spreads to Philly suburbs

(The following story by Susan Snyder appeared on the Philadelphia Inquirer website on November 4, 2009.) PHILADELPHIA — The strike against SEPTA's subways, buses and trolleys in the city spread to the suburbs this morning as pickets blocked buses at a still operating...

Moody’s may upgrade BNSF rating on Berkshire deal

(Reuters circulated the following on November 3, 2009.) NEW YORK — Moody's Investors Service said on Tuesday that it may raise its ratings on Burlington Northern Santa Fe Corp (BNI.N) after Berkshire Hathaway Inc (BRKa.N)(BRKb.N) said it would acquire the company....

BNSF headquarters has been huge asset for Fort Worth

(The following story by John Austin appeared on the Forth Worth Star-Telegram website on November 4, 2009.) FORT WORTH — It’s hard to nail down the economic impact of having Burlington Northern Santa Fe Corp. headquartered in the city, but there’s general agreement...

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