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Daily Headlines
AAR: Rail freight traffic remains down from year ago
(The Association of American Railroads issued the following on April 30, 2009.) WASHINGTON, D.C. — Freight traffic on U.S. railroads remained sharply down from a year ago during the week ended April 25, the Association of American Railroads reported today. U.S....
RRB: One-time economic recovery payments
(The Railroad Retirement Board issued the following on April 6, 2009.) CHICAGO — The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law by President Obama on February 17, 2009. The Recovery Act contains a number of provisions that affect...
2009 Railroad Retirement Board Informational Conferences
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. May 1, 2009 Ashland, Neb. Eugene T. Mahoney State Park, 7840 W....
NY MTA chair: Bailout vote delay ‘ludicrous’
(The following story by Alfonso A. Castillo appeared on the Newsday website on April 29, 2009.) NEW YORK — MTA board chairman H. Dale Hemmerdinger lashed out at Albany lawmakers Wednesday, accusing them of "failing to meet their obligations" in rescuing the...
Illinois Gov. halts transit cash: About $1 billion worth of mass transit improvements may be in jeopardy
(The following story by Jon Hilkevitch and Richard Wronski appeared on the Chicago Tribune website on April 30, 2009.) CHICAGO — About $1 billion worth of mass transit improvements recently approved under the state's mini-capital bill may be in jeopardy, but...
Japan to push technology for U.S. high-speed rail
(Bloomberg News circulated the following story by Bill Koenig on April 30, 2009.) NEW YORK — Japan’s government will send a Transport Ministry official to promote shinkansen technology to the U.S. to have bullet trains used in a network of high-speed rail lines...
Genesee & Wyoming Q1 profit up 34 percent
(Reuters circulated the following on April 29, 2009.) Railroad operator Genesee & Wyoming Inc (GWR.N) reported a 34 percent rise in quarterly profit helped mainly by cost cuts, beating Wall Street estimates. For the first quarter, net income rose to $13.9 million, or...
BNSF: Delays due to flooding near Winfield, Kan.
(The following story by Foss Farrar appeared on the Arkansas City Traveler website on April 29, 2009.) ARKANSAS CITY, Kan. — Flooding has caused a washout of railroad track north of Winfield, resulting in detours of freight traffic, sources at BNSF Railway said. BNSF...
CN appoints Luc Jobin executive vice-president and chief financial officer effective June 1, 2009
(CN issued the following on April 29, 2009.) MONTREAL — E. Hunter Harrison, president and chief executive officer of CN (TSX: CNR)(NYSE: CNI), announced today the appointment of Luc Jobin, C.A., as the executive vice-president and chief financial officer of the...
Executives lavish praise on Tacoma port
(The following story by Kelly Kearsley appeared on The News Tribune website on April 30, 2009.) TACOMA, Wash. — Railroad and terminal operator executives at the annual Port of Tacoma breakfast Wednesday morning praised the port for being “forward-looking.” The...
