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Daily Headlines
Railroad Retirement Board: Dual benefit payments
(The U.S. Railroad Retirement Board issued the following on October 7.) CHICAGO — The payment of a railroad retirement annuity can be affected by entitlement to social security benefits, as well as certain other government benefits. Such dual entitlement, if not...
Railroad Retirement Board Informational Conferences
CHICAGO — The following are informational conferences conducted by the U.S. Railroad Retirement Board. All informational conference registrations begin at 8:00 a.m., with the programs beginning promptly at 8:30 a.m. and ending at 12:30 p.m. NOVEMBER Friday, November...
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...
Opinion: Union Pacific’s CFO hauls the right stuff
(The following column by Mark Bruno appeared on the Financial Week website on November 2.) WASHINGTON, D.C. — Amid intense market volatility, frozen credit markets and the possibility of a deep and prolonged recession, most CFOs are gloomy about their companies'...
Genesee & Wyoming Q3 results top projections
(Reuters circulated the following on November 3.) NEW YORK — Railroad operator Genesee & Wyoming Inc. posted better-than-expected quarterly results, helped by acquisitions and strength in its same railroad operations. For the third quarter, net income rose 31 percent...
BNSF commits $1 million to sponsor Super Bowl XLV
(The following story by Andrea Ahles appeared on the Fort Worth Star Telegram website on November 1.) FORT WORTH, Texas — BNSF Railway has committed $1 million to hosting Super Bowl XLV in North Texas, said Roger Staubach, the Super Bowl committee chairman. The...
STB to hold public hearing on DOE application to build 300-mile rail line in Nevada
(The Surface Transportation Board issued the following on October 31.) WASHINGTON, D.C. — The Surface Transportation Board today announced that it will hold a public field hearing on December 4, 2008, in Las Vegas, Nevada, to hear public testimony relative to the U.S....
STB orders sale of 111-mile Central Oregon & Pacific rail line to port of Coos Bay
(The U.S. Surface Transportation Board issued the following on October 31.) WASHINGTON, D.C. — The Surface Transportation Board announced today that it has ordered the Central Oregon & Pacific Railroad Inc. (CORP) to sell a 111-mile railroad line running from Danebo,...
Buffett buys into Burlington Northern Santa Fe
(The following story by Evelyn Rusli appeared at Forbes.com on October 30.) WASHINGTON, D.C. — Warren Buffett is increasing his bet on America. The billionaire investor increased his stake in railroad Burlington Northern Santa Fe by 825,000 shares. In the last few...
