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Daily Headlines
Opinion: Boost productivity of transit systems
(The following story by C. Phillip Baumel appeared on the Des Moines Register website on April 9, 2009. He is a distinguished professor emeritus of economics at Iowa State University.) DES MOINES, Iowa — The economic-stimulus package provides billions of dollars for...
STB releases supplemental report to study of competition in the freight-rail industry, seeks public comment
(The Surface Transportation Board issued the following on April 8, 2009.) WASHINGTON, D.C. — The Surface Transportation Board today announced that Christensen Associates, a Madison, Wisconsin-headquartered economic consulting firm, has completed A Supplemental Report...
GO Transit to pay $160 million for CN rail line through Toronto
(The Canadian Press circulated the following on April 9, 2009.) TORONTO — GO Transit has agreed to buy a strategically important rail line that runs through Toronto from Canadian National Railway (TSX:CNR). The provincially owned commuter service will pay $160 million...
Amtrak’s Sunset Limited may rise again
(The following story by Larry Hannan appeared on the Florida Times-Union website on April 9, 2009.) JACKSONVILLE, Fla. — The Sunset Limited Amtrak Route from Orlando to New Orleans has been gone since Hurricane Katrina damaged the CSX train tracks in 2005. But after...
NMB completes online collection of Presidential Emergency Boards
(The National Mediation Board issued the following on April 8, 2009.) WASHINGTON, D.C. — The National Mediation Board (NMB) is pleased to announce that all published Presidential Emergency Board (PEB) reports have been posted in the NMB Knowledge Store and are...
NJ Transit close call reporting program to help report problems
(The Associated Press circulated the following story by Eli Segall on April 8, 2009.) NEWARK, N.J. — NJ Transit will soon help its employees blow the whistle on safety lapses. Under a pilot program, transit workers can anonymously report near accidents or other "close...
NJ Transit loses $62M in Corzine’s budget
(The following story by Larry Higgs appeared on the Asbury Park Press website on April 9, 2009.) ASBURY PARK, N.J. — Gov. Jon S. Corzine's proposed state budget would cut $62 million in state operating aid to NJ Transit, which transit advocates fear could result in a...
CN seen as better buy than CP
(The following story by Scott Deveau appeared on the Financial Post website on April 7, 2009.) OTTAWA — With the country's largest railways set to report their first-quarter earnings in two weeks, Fadi Chamoun, UBS analyst, is predicting Canadian Pacific Railway Ltd....
CN plans ‘pipeline on rail’ to oil sands
(The following story by Diane Francis appeared on the Financial Post website on April 8, 2009.) MONTREAL — Canadian National Railway Co. has developed a transformative strategy it calls the "Pipeline on Rail" that can move oil-sands production quickly and cheaply to...
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...
