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Daily Headlines
Transportation Secretary LaHood creates team to coordinate DOT role in economic recovery
(The U.S. Department of Transportation issued the following on February 4, 2009.) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today announced that he has created a team at the U.S. Department of Transportation (DOT) to coordinate the Department’s role...
CN warns motorists: Trains being added to EJ&E lines
(The following story by Dan Campana appeared on the Joliet Herald-News website on February 4, 2009.) CHICAGO — Here they come. Canadian National Railway officials Monday began notifying areas along its newly acquired tracks that four to six additional trains are...
Norfolk Southern wrangles with detractors over expansion
(The following story by Eric Smith appeared on The Memphis Daily News website on February 3, 2009.) MEMPHIS, Tenn. — Economic investment during a recession typically receives a wave of support, but Norfolk Southern Corp.’s tentative plan to develop a massive...
STB gives Watco approval to move on Grand Elk RR
(The following story by John D. Boyd appeared on the Traffic World website on February 3, 2009.) Short line operator Watco got an early start on its Grand Elk Railroad project in Michigan, after the Surface Transportation Board cleared the way late last week. The...
KCS reports revenue growth of 6.3%, operating ratio of 78.9% in full year 2008
(Kansas City Southern issued the following on February 3, 2009.) KANSAS CITY, Mo. — Kansas City, MO. Kansas City Southern (KCS) (NYSE:KSU) reported fourth quarter 2008 revenues of $423.8 million, a 7.9% decrease over the corresponding 2007 period. The revenue decline...
Kansas City Southern 4th-quarter profit slips
(The Associated Press circulated the following on February 3, 2009). KANSAS CITY, Mo. — Kansas City Southern said Tuesday its fourth-quarter profit dropped 27 percent, hurt by a stronger U.S. dollar and declining volumes. The railroad operator reported earnings...
RRB implementing next phase of new toll-free service project
(The U.S. Railroad Retirement Board issued the following on January 12, 2009.) CHICAGO — The U.S. Railroad Retirement Board (RRB) announced that an additional 18 field offices will be added to its nationwide toll-free telephone service by the end of January 2009. A...
RRB customer service plan update
(The U.S. Railroad Retirement Board issued the following on January 12, 2009.) CHICAGO — The U.S. Railroad Retirement Board’s Customer Service Plan promotes the principles and objectives of customer-driven quality service agency-wide. The RRB’s revised plan, effective...
Man dies trying to beat Union Pacific train
(The following story by Kimberly K. Fu appeared on The Vacaville Reporter website on February 3, 2009.) VACAVILLE, Calif. — A 24-year-old Dixon man was killed late Sunday after allegedly attempting to "beat" a train and failing, authorities said. Nicholas Hall was...
Credit crisis could cost NJ Transit $150 million
(The following story by Claire Heininger appeared on the Star-Ledger website on January 27, 2009.) NEWARK, N.J. — Fallout from the financial crisis could cost NJ Transit $150 million, leading to increased fares or delayed capital improvement projects even as...
