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Daily Headlines
Canadian National getting back on the rails
(The following story by Scott Deveau of the Financial Post appeared at Canada.com on March 24, 2009.) MONTREAL — Canadian National Railway Co. says it’s beginning to see early signs of recovery after months of dramatically declining volumes. In particular, grain and...
Norfolk Southern boosts compensation of several execs
(The following story by Tom Shean appeared on The Virginian-Pilot website on March 25, 2009.) NORFOLK, Va. — Norfolk Southern Corp. boosted the salaries of several senior executives, but the compensation for some, including its chief executive, declined last year...
Norfolk Southern CEO gets 2008 compensation of $12 million
(The Associated Press circulated the following story by Samantha Bomkamp on March 24, 2009.) NORFOLK, Va. — The chairman, president and chief executive of Norfolk Southern Corp. received compensation valued by the railroad operator at more than $12 million last year,...
CSX CEO gets compensation valued at $7.3 million for 2008
(The Associated Press circulated the following story by Samantha Bomkamp on March 24, 2009.) NEW YORK — The chairman, president and chief executive of railroad operator CSX Corp. received compensation of about $7.3 million last year, a 16 percent raise from a year...
2009 Railroad Retirement Board Informational Conferences
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. March 27,...
Benefits under Railroad Retirement and Social Security
(The U.S. Railroad Retirement Board issued the following on March 10, 2009.) CHICAGO — Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain...
Part Two: Illinois Railway Museum
(The following story by Kathleen Strelow appeared on the Examiner website on March 20, 2009.) CHICAGO — The Illinois Railway Museum is a “Living History” museum, and their goal is to restore rail equipment to full operating condition if possible, or to an appearance...
Part One: Illinois Railway Museum
(The following story by Kathleen Strelow appeared on the Examiner website on March 19, 2009.) CHICAGO — I used to think Union, Illinois was as far away as the moon. I could not have been more wrong. My husband Phil had talked about how much fun he had at the Illinois...
Seattle rail corridor deal remains sidetracked
(The following story by Bill DiBenedetto appeared on the Seattle Business Examiner website on March 23, 2009.) SEATTLE — The credit crunch and down bond market will continue to delay the closing of the $107-million Eastside Rail Corridor deal between the Port of...
NTSB: Teen’s actions contributed to gap fall death
(The following story by Alfonso A. Castillo appeared on the Newsday website on March 20, 2009.) NEW YORK — Natalie Smead's "alcohol-impaired condition" and disregard of a conductor's instruction contributed to the death of the Minnesota teen, who was hit by a train...
