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Daily Headlines
Three Class Is’ fuel surcharges to fall in December
(The following appeared on the Progressive Railroading website on November 26.) This month, CSX Intermodal’s fuel surcharge dipped below 30 percent because of declining crude oil prices. Next month, the company’s surcharge will fall below 20 percent. On Monday, CSXI...
CP, CSX top analyst’s list of railroad buys
(The following story by Scott Deveau appeared on the Financial Post website on November 28.) OTTAWA — The years of railroads posting stellar earnings growth are over, according to UBS analyst Rick Paterson, who issued a warning yesterday to those with a vested...
New federal law should help reduce Amtrak delays
(The following story by Brad Cooper appeared on The Kansas City Star website on December 1.) KANSAS CITY, Mo. — The hammer is coming down on freight trains that block Amtrak passenger trains from running on schedule. President George W. Bush has signed a new law...
Labor Department rushes to enact rule
(The following story by Robert Pear appeared on the New York Times website on November 30.) WASHINGTON, D.C. — The Labor Department is racing to complete a rule, strenuously opposed by President-elect Barack Obama, that would make it much harder for the government to...
Security stepped up on NY subways after FBI warning of possible terror plot
(The following appeared at FoxNews.com on November 27.) NEW YORK — New York City police stepped up patrols in the city's subways and trains Thursday after the federal government warned of a potential Al Qaeda attack during the holidays. The potential threat —...
Quiet zone OK’d along EJ&E line
(The following story by Kathy Cichon appeared on the Beacon-News website November 26, 2008) CHICAGO, Il - A stretch of the Elgin, Joliet and Eastern Railway corridor is about to become a little less noisy. Starting Monday, trains traveling along the EJ&E will be...
CSX Among Top 10 Military-Friendly Railroad Employers
(The following story appeared on Market Watch on November 26, 2008) JACKSONVILLE, Fla -- CSX Transportation is one of the best places for the nation's veterans to work following their military careers, according to G.I. Jobs magazine. CSX Transportation ranked 8th on...
Retiree earnings limits to rise in 2009
(The U.S. Railroad Retirement Board issued the following on October 23.) CHICAGO — Those railroad retirement annuitants subject to earnings restrictions can earn more in 2009 without having their benefits reduced, as a result of increases in earnings limits indexed to...
Railroad Retirement announces benefit increases for 2009
(The U.S. Railroad Retirement Board issued the following on October 23.) CHICAGO — Most railroad retirement annuities, like social security benefits, are scheduled to increase in January 2009 on the basis of the rise in the Consumer Price Index (CPI) during the 12...
Final Railroad Retirement Board Informational Conference of 2008
CHICAGO — The following informational conference is the final one conducted by the U.S. Railroad Retirement Board in 2008. Registration for the informational conference begins at 8:00 a.m. It begins promptly at 8:30 a.m. and ends at 12:30 p.m. DECEMBER Friday,...
