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Daily Headlines
CP Rail skeptical on freight volumes, focused on costs
(The following story appeared on the Financial Post website on October 28, 2009.) OTTAWA — Despite some hopeful signs the economy is on the mend, Canadian Pacific Railway Ltd. remains skeptical that a rebound in freight volumes will occur before the second half of...
Norfolk Southern profit drops 42 percent
(The following story by John D. Boyd appeared on The Journal of Commerce website on October 28, 2009.) WASHINGTON, D.C. — Norfolk Southern Railway’s third-quarter profit fell 41.7 percent from a year earlier to $303 million, as rail revenue fell 28.7 percent to $2.063...
Norfolk Southern 3Q earnings plunge on lower demand for electricity, retail and other goods
(The Associated Press circulated the following story by Samantha Bomkamp on October 27, 2009.) NEW YORK — Norfolk Southern Corp., one of the country's biggest railroad operators, said Tuesday its third-quarter earnings plunged 41 percent as shipments sank for...
Norfolk Southern reports third-quarter 2009 results
(Norfolk Southern issued the following on October 27, 2009.) NORFOLK, Va. — For the third quarter of 2009, Norfolk Southern Corporation (NYSE: NSC) reported net income of $303 million, or $0.81 per diluted share, compared with $520 million, or $1.37 per diluted share,...
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...
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...
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...
Shades of 1950: Phillies arrive in New York by train for World Series
(The following story by David Waldstein appeared on the New York Times website on October 27, 2009.) NEW YORK — Evoking a bygone era when rail travel was the main mode of transportation in baseball, the Philadelphia Phillies rolled into Penn Station on a chartered...
Editorial: Amtrak service through Bismarck-Mandan is wishful thinking
(The following editorial appeared on the Bismarck Tribune website on October 27, 2009.) BISMARCK, N.D. — Having passenger service for Bismarck-Mandan -- connecting to Dickinson, Glendive, Billings and Seattle to the west and Fargo, Minneapolis and Chicago to the east...
