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Daily Headlines
Security checks set Friday at Maryland commuter train stations
(The following story by Michael Dresser appeared on the Baltimore Sun website on October 27, 2009.) BALTIMORE, Md. — The Maryland Transit Administration Police will launch a program of random security checks at MARC commuter train stations Friday, using bomb-sniffing...
CN’s Hunter Harrison nears final station
(The following story by Brent Jang appeared on the Globe and Mail website on October 27, 2009.) MONTREAL — In his 16th floor office in Montreal, Hunter Harrison is reminiscing about his birthplace of Memphis, where he grew up a kilometre down the road from Elvis...
Study: Amtrak loss comes to $32 per passenger
(The Associated Press circulated the following story by Kevin Freking on October 26, 2009.) WASHINGTON, D.C. — U.S. taxpayers spent about $32 subsidizing the cost of the typical Amtrak passenger in 2008, about four times the rail operator's estimate, according to a...
STB expands Canadian National reporting
(The following story by John D. Boyd appeared on The Journal of Commerce website on October 26, 2009.) WASHINGTON, D.C. — Canadian National Railway will have to expand its monthly reporting to regulators about its newly acquired short line outside Chicago, as the...
Shippers group rejects railroad advisory panel ideas
(The following story by John D. Boyd appeared on The Journal of Commerce website on October 26, 2009.) WASHINGTON, D.C. — An activist rail shippers’ lobbying group pushed back hard against an industry proposal for Congress to make only limited change in laws governing...
Canadian Pacific announces third-quarter results
(Canadian Pacific issued the following on October 27, 2009.) CALGARY — Canadian Pacific Railway Limited (TSX/NYSE: CP) announced third-quarter net income of $195 million, an increase of 14 per cent from $171 million in 2008. Diluted earnings per share were $1.16, an...
CP Rail operating profit down as traffic slows
(Reuters circulated the following on October 27, 2009.) TORONTO — Canadian Pacific Railway Ltd (CP.TO) reported a 22 percent drop in its third-quarter operating profit on Tuesday, as cost control measures failed to fully offset the impact of lower traffic volumes. The...
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...
