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Daily Headlines
Buffett bets big on railroads’ future
(The following appeared on the New York Times website on November 4, 2009.) NEW YORK — America’s best-known investor, Warren E. Buffett, is making his biggest bet yet on the nation’s economic future by buying, of all things, a railroad. After deftly capitalizing on...
New NMB rule to benefit rail, plane unions
(The following story by Mike Esterl and Melanie Trottman appeared on the Wall Street Journal website on November 3, 2009.) NEW YORK — Organized labor appears to be gaining the upper hand in the skies and on rails, as labor and business battle for influence under the...
VIA Rail Canada to boost famed transcontinental train’s accessibility and appeal
(Via Rail Canada issued the following on October 30, 2009.) MONTREAL — VIA Rail Canada today announced a $19.5 million program for the reconfiguration of 12 of the stylish stainless steel passenger cars used on its western transcontinental train, the Canadian, to...
CN chief sees freight recovery, ‘confidence issue’
(Dow Jones Newswires circulated the following story by Ann Keeton on November 2, 2009.) EVANSTON, Ill. — Canadian National Railway Co. (CNI) is seeing steady monthly increases in business of 3% to 4%, causing Chief Executive Hunter Harrison to turn bullish for a...
FRA’s Szabo hopeful for $8 billion in stimulus spending
(Dow Jones Newswires circulated the following story by Ann Keeton on November 2, 2009.) EVANSTON, Ill. — The Federal Railroad Administration will award $8 billion in stimulus money to develop high-speed-passenger-rail service to various state applicants this winter,...
2009 Railroad Retirement Board Informational Conferences
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 U.S. Railroad Retirement Board holds free...
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...
Railroad Retirement and survivor benefits
(The U.S. Railroad Retirement Board issued the following on October 7, 2009.) CHICAGO — Monthly benefits may be payable under the Railroad Retirement Act to the surviving widow(er), children, and certain other dependents of a railroad employee if the employee was...
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...
Stuck Amtrak bridge traps Conn. boats
(The Associated Press circulated the following on November 2, 2009.) EAST LYME, Conn. — Amtrak officials are trying to fix a railroad bridge in Connecticut that is stuck in the down position and has trapped commercial boats in Niantic Bay. Amtrak spokesman Cliff Cole...
