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Daily Headlines
$8 billion infusion aims to put U.S. trains on fast track
(The following story by Marilyn Adams appeared on the USA Today website on March 17, 2009.) WASHINGTON, D.C. — Americans started falling out of love with trains 50 years ago, when thrilling silver airliners left locomotives far behind. Now, President Obama and leaders...
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...
New tax benefit could pay for LIRR commute
(The following story by Alfonso A. Castillo appeared on the Newsday website on March 17, 2009.) NEW YORK — Two out of three Long Island Rail Road commuters are not taking advantage of a recently increased federal tax benefit that would allow them to save up to $1,000...
Editorial: Amtrak cash better track
(The following editorial appeared on the Times-Tribune website on March 17, 2009.) SCRANTON, Pa. — The Obama administration has been criticized in some quarters for its policy of treating the economic crisis not just as a short-term crisis but as a long-term...
NJT trains back on track on Northeast Corridor
(The following appeared on the Newsday website on March 17, 2009.) ISELIN, N.J. — Amtrak hopes to finish repairs to downed overhead lines that delayed commuters on NJ Transit's Northeast Corridor in time for Tuesday afternoon's rush. The lines came down near Metropark...
Rochester says its status earns it high-speed rail stop
(The following story by Kevin Giles and Katie Humphrey appeared on the Star-Tribune website on March 15, 2009.) MINNEAPOLIS, Minn. — The latest buzz among commuters like Stephen Whiteside who shuttle between Rochester and the Twin Cities isn't roadwork or heavy...
Francis P. Mulvey designated acting chairman of STB
(The Surface Transportation Board issued the following on March 16, 2009.) WASHINGTON, D.C. — The Surface Transportation Board announced today that Francis P. Mulvey has been designated Acting Chairman of the agency by President Barack Obama, succeeding former Board...
Short-line railroads to receive stimulus money
(The following story by Daniel McCoy appeared on the Wichita Business Journal website on March 17, 2009.) WICHITA, Kan. — The Kansas Department of Transportation has set aside $3 million for short-line railroad projects. The funds will come from the $378 million the...
Union Pacific stock throttles higher
(The following story by Tom Reese and Paul Rubillo appeared at Forbes.com on March 16, 2009.) NEW YORK — Shares of Union Pacific are up 5% after an analyst at Merrill Lynch raised the railroad company from a "neutral" rating to "buy." The analyst believes volumes have...
Passenger rail sees better ridership, on-time rates
(The following story by Mike Elswick appeared on the News-Journal website on March 17, 2009.) LONGVIEW, Texas — Victoria Emmel of Longview said she prefers taking the train to driving or flying when possible. "I like to be able to get up and walk around and sit in the...
