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Daily Headlines

DM&E puts $6 billion coal plan on hold

(By Dustin Bleizeffer Star-Tribune energy reporter) The Dakota Minnesota & Eastern Railroad Corp. has dropped condemnation lawsuits against several Wyoming landowners in northeastern Wyoming and said the project has been put on hold. DM&E’s attorneys today filed a...

BNSF Wants Automatic-Brakes Rule Eased

(By Angela Greiling Keane of Bloomberg News) Burlington Northern Santa Fe Corp., the largest U.S. railroad, is pushing Congress to scale back a requirement for carriers to install automatic-braking systems on most of their tracks. “Heavy-handed” legislation enacted...

Norfolk Southern returns idled rail cars to service

(Dow Jones Newswires circulated the following story by Bob Sechler on August 26, 2009.) NORFOLK, Va. — Norfolk Southern Corp. (NSC) has boosted capacity by returning nearly a third of its parked railroad fleet to service in a further sign of a U.S. economic recovery....

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...

Buy-outs and Railroad Retirement Benefits

(The U.S. Railroad Retirement Board issued the following on July 29, 2009.) CHICAGO — Railroad employees frequently ask the Railroad Retirement Board how the acceptance of a buy-out from a railroad employer affects their future eligibility for benefits under the...

Amtrak, Student Conservation Association partner to preserve Yosemite

(Amtrak issued the following on August 26, 2009.) OAKLAND, Calif. — Amtrak's partnership this summer with the Student Conservation Association (SCA) is enabling high school and college age students from around the country to gain real, hands-on experience preserving...

Canadian Pacific disclosure practices recognized

(Canadian Pacific issued the following on August 25, 2009.) CALGARY — Canadian Pacific Railway Limited (TSX/NYSE: CP) announced today it has been awarded the Governance Gavel Award for Director Disclosure by the Canadian Coalition for Good Governance (CCGG). The award...

Opinion: Time to hop aboard Genesee & Wyoming?

(The following column by Gene Marcial appeared on the Business Week website on August 25, 2009.) NEW YORK — Railroad stocks are starting to gather steam, mainly because of growing optimism that the economy is turning up. Part of the brighter outlook is due to Federal...

UP train collides with seed truck in Oregon

(The following story by Karen McCowan appeared on The Register-Guard website on August 26, 2009.) HALSEY, Ore. — Bags of grass seed were strewn about, along with smashed trailer parts, but no one was injured Tuesday morning when a freight train hit a tractor-trailer...

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