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Daily Headlines
Kansas City Southern stock rebounds
(The following story by Randolph Heaster appeared on The Kansas City Star website on October 13.) KANSAS CITY, Mo. — For several months, it appeared that the railroad sector was recession-proof. As businesses moved more freight to rails from trucks when fuel prices...
Bucking national trend, Amtrak ridership down in Wilmington
(The following story by Al Kemp appeared on The News Journal website on October 14.) WILMINGTON, Del. — While national Amtrak ridership rose to a record in fiscal 2008, Wilmington's passenger traffic is in a decline. Nationally, ridership rose to a record 28,716,407...
Big surge in Amtrak ridership in Illinois
(The following story by Jon Hilkevitch appeared on the Chicago Tribune website on October 14.) CHICAGO — Amtrak ridership topped 1 million passengers in the last year for the first time in at least three decades on routes between Chicago and Downstate cities, the...
Earnings preview: Railroads
(The Associated Press circulated the following story by Samantha Bomkamp on October 13.) NEW YORK — U.S. railroads were hurt by hurricanes and a slowing economy in the third quarter, but analysts say that continued pricing strength and lower diesel prices will buoy...
Alleged gang members go to trial today for attack on Amtrak engineer
(The following story by Hudson Sangree appeared on the Sacramento Bee website on October 14.) WOODLAND, Calif. — Five young men are scheduled to go on trial today for allegedly participating in a vicious attack on an Amtrak engineer in April 2007. Prosecutors say the...
Railroad firms want price-fixing case thrown out
(Bloomberg News circulated the following story by Cary O'Reilly on October 14.) Union Pacific Corp., along with the three next largest U.S. railroad companies, has asked a judge to dismiss a lawsuit alleging they made billions of dollars in illegal profits by fixing...
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. OCTOBER Friday, October 17...
October 15 is deadline for Disaster Relief assistance in Louisiana for Gustav
CLEVELAND, October 13 — The Teamsters Disaster Relief Fund is accepting applications for assistance from members in the state of Louisiana after Hurricane Gustav damaged homes and property on September 1. Assistance is available to individuals and households in the...
Riverside reservation agent files suit against Amtrak
(The following story by Richard K. De Atley appeared on The Press-Enterprise website on October 12.) RIVERSIDE, Calif. — A class-action lawsuit seeking more than $5 million has been filed against Amtrak by a reservation agent working at the nationwide railroad's...
