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Daily Headlines
Union Pacific down in 3Q, but profit beats expectations
(Reuters circulated the following on October 22, 2009.) CHICAGO — No. 1 U.S. railroad Union Pacific Corp (UNP.N) reported on Thursday better-than-expected quarterly earnings, as the company said business volumes seem to have stabilized. The Omaha, Nebraska-based...
Union Pacific reports third quarter 2009 earnings
(Union Pacific issued the following on October 22, 2009.) OMAHA, Neb. — Union Pacific Corporation (NYSE: UNP) today reported 2009 third quarter net income of $517 million, or $1.02 per diluted share, compared to $703 million, or $1.38 per diluted share in the third...
STB: U.S. Class I workforce slips below 150,000 in September
(The following appeared on the Progressive Railroading website on October 21, 2009.) The U.S. Class I workforce not only shrank for the second-straight month in September, it fell below 150,000 for the first time in many months. As of mid-September, the workforce...
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...
Amtrak’s Blue Water line through Flint marks 35th anniversary
(The following story by Ron Fonger appeared at Mlive.com on October 21, 2009.) FLINT, Mich. — There have been moments when it wasn’t clear whether Amtrak’s Blue Water passenger train would still be rolling through Flint, Port Huron and Chicago 35 years after the...
Vintage steam train continues journey through Spokane
(The following story by Mike Prager appeared on the Spokesman Review website on October 20, 2009.) SPOKANE, Wash. — Rail fans converged on downtown Spokane on Monday with the arrival of a historic steam locomotive on its westward journey to its home in Portland. The...
Improvements planned for Iowa rail line, says UP boss
(The following story by Kristin Buehner appeared on the Globe Gazette website on October 20, 2009.) MASON CITY, Iowa — Robert W. Turner, senior vice president for corporate relations for the Union Pacific Railroad in Omaha, said significant improvements are planned...
Amtrak considers service boost in Johnstown, Pa.
(The following story by Mike Faher appeared on The Tribune-Democrat website on October 21, 2009.) JOHNSTOWN, Pa. — For the past five years, only two passenger trains have stopped at Johnstown’s station each day. And in Somerset County, Rockwood has been without...
