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Daily Headlines
Passenger trains gain favor with public, Congress
(The Associated Press circulated the following by Joan Lowy on October 31.) WASHINGTON, D.C. — After being more of a curiosity than a convenience for a half-century, passenger trains are getting back on track in some parts of the country. The high cost of energy,...
Battles shaping up as EJ&E deadline looms
(The following story by Guy Tridgell appeared on the Southtown Star website on November 2.) CHICAGO — The Canadian National Railway has been accused of attempting to ruin the suburbs. A year ago, the Montreal railroad, with a U.S. headquarters in Homewood, petitioned...
CN buys rail and ferry operations from Quebec Railway Corp. for $49.8 million
(The Canadian Press circulated the following on November 3.) MONTREAL — Canadian National Railway Co. (TSX:CNR) is buying a number of rail and ferry operations from Quebec Railway Corp. for $49.8 million. CN said Monday it will acquire three railway operations and a...
Railroad Retirement Board 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...
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 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. OCTOBER Friday, October 31...
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...
Economy delays BNSF rail-line sale to Port of Seattle
(The following story by Keith Ervin appeared on the Seattle Times website on October 30.) SEATTLE, Wash. — BNSF Railway's sale of its 42-mile Renton-to-Snohomish rail line to the Port of Seattle won't close before the first quarter of 2009. Port officials, citing the...
Impressive quarter for rail companies
(The following appeared on the National Post website on October 30.) OTTAWA — With the earnings season behind them, the results of North America’s top tier railway appear to have impressed UBS analyst Rick Paterson. “The North American rails just completed one of the...
Report: Heavy train too much for bridge
(The following story by Cosby Woodruff appeared on the Montgomery Advertiser website on October 31.) MONTGOMERY, Ala. — The decision to take a far too-heavy train across a just-repaired bridge was the likely cause of a 2007 train derailment that sent parts of NASA's...
