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Daily Headlines
Amtrak’s Empire Corridor back on track after ice storm
(The following story by Eric Anderson appeared on the Albany Times-Union website on December 16.) ALBANY, N.Y. — Amtrak customers on the busy Empire Corridor will see service return to normal today after repairs to an ice-damaged signal system were completed. The...
Texas railroad panel chief plans to run for U.S. Senate
(The following story by R.G. Ratcliffe and Peggy Fikac appeared on the Houston Chronicle website on December 17.) AUSTIN, Texas — Texas Railroad Commission Chairman Michael Williams, a Republican, announced Tuesday that he will be a candidate for U.S. Sen. Kay Bailey...
Obama’s inaugural train to start in Philly
(The following story by David Jackson appeared on the USA Today website on December 16.) WASHINGTON, D.C. — President-elect Barack Obama will arrive here for his inauguration by train from Philadelphia, making a journey with echoes of the Founding Fathers and Abraham...
Canadian Pacific Railway slashes staff, spending
(The following story by Brent Jang appeared on the Globe and Mail website on December 17.) TORONTO — Canadian Pacific Railway Ltd., a barometer for the broader economy, is pulling out all the stops to weather the recession as it slashes 600 union jobs, restricts air...
Several towns stop fighting Canadian National Railway plan and cut deals
(The following story by Richard Wronski appeared on the Chicago Tribune website on December 17.) CHICAGO — Some communities that had opposed Canadian National Railway's plan to run more freight trains through their towns have decided to stop fighting and negotiate...
Settlement in ’07 CSX derailment finalized
(The following story by Emily Hagedorn appeared on the Louisville Courier-Journal website on December 17.) LOUISVILLE, Ky. — The $3 million settlement in the class-action lawsuit filed after the January 2007 CSX train derailment in Brooks has been finalized. The...
Sector snap: Rails, trucks gain as Fed cuts rate
(The Associated Press circulated the following on December 16.) NEW YORK — Shares of rails and trucks held their gains Tuesday as the Federal Reserve slashed a key interest rate to its lowest point ever in an effort to prevent the recession from deepening. The Fed cut...
CSX settles case over alleged fund violations
(The Associated Press circulated the following on December 17.) NEW YORK — Railroad CSX Corp. said Wednesday it has settled a case of alleged securities law violations with two activist shareholder hedge funds. If the settlement is approved by a federal court, CSX...
December issue of BLET newsletter online
CLEVELAND, December 15 — The December 2008 issue of the Locomotive Engineers and Trainmen News is now available on the BLET website. Past issues of the official BLET monthly publication dating to 1997 are also on the BLET website. The current issue is available here:...
RRB: Medicare Part B Premiums for 2009
(The U.S. Railroad Retirement Board issued the following on November 20.) CHICAGO — The standard Medicare Part B monthly premium will be $96.40 in 2009, the same as the Part B premium for 2008. Until 2007, all beneficiaries paid the same basic premium amount for...
