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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. April 23, 2009 East Hanover, N.J. Ramada Inn & Conference...
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...
SEPTA’s new railcars on track for another delay
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on April 22, 2009.) PHILADELPHIA — The long-awaited arrival of SEPTA's first new Silverliner V railcars is likely to be delayed again, SEPTA general manager Joseph Casey said...
Wall Street thinks rails 1Q results might surprise
(The Associated Press circulated the following story by Samantha Bomkamp on April 21, 2009.) Analysts see a bright light coming down the railroad tracks, as they expect many of the nation's largest railroads to surpass Wall Street's estimates for the first quarter...
Choo choo, tweet tweet: Historic train tracked on Twitter
(The Associated Press circulated the following on April 22, 2009.) ROSEVILLE, Calif. — Choo choo, tweet tweet! That's the sound of a historic train trip being tracked on Twitter. Steam Locomotive No. 844, which was Union Pacific Railroad's last steam locomotive, is on...
Florida’s SunRail plan survives close vote, chugs on
(The following story by Dan Tracy appeared on the Orlando Sentinel website on April 21, 2009.) TALLAHASSEE, Fla. — The proposed SunRail commuter train rolled out of a Senate hearing Monday — barely — but its next stop remains uncertain. The $1.2 billion project may...
CN’s new engineer
(The following story by Brent Jang and Nathan Vanderklippe appeared on the Globe and Mail website on April 22, 2009.) TORONTO and CALGARY — Claude Mongeau isn't afraid to get his hands dirty to find out how the trains are running at Canadian National Railway Co. CNR-T...
CN board selects Claude Mongeau to succeed E. Hunter Harrison as president and chief executive officer effective Jan. 1, 2010
(CN issued the following on April 21, 2009.) CALGARY — David G. A. McLean, chairman of the board of directors of CN (TSX: CNR)(NYSE: CNI), announced today the board’s selection of Claude Mongeau to succeed E. Hunter Harrison as president and chief executive officer of...
Norfolk Southern declares quarterly dividend
(Norfolk Southern issued the following on April 21, 2009.) NORFOLK, Va. – Norfolk Southern Corporation (NYSE: NSC) today announced the regular quarterly dividend of 34 cents per share on its common stock, payable on June 10, to stockholders of record on May 1. Since...
NS reports first-quarter 2009 results
(Norfolk Southern issued the following on April 21, 2009.) NORFOLK, Va. — For the first quarter of 2009, Norfolk Southern Corporation (NYSE: NSC) reported net income of $177 million, or $0.47 per diluted share, compared with $291 million, or $0.76 per diluted share,...
