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Daily Headlines
Sector snap: Railroads mostly fall with markets
(The Associated Press circulated the following on September 15.) NEW YORK — Railroads stocks were pulled down in a steep broader market sell-off Monday, as investors reacted to a trifecta of ominous happenings on Wall Street. The bankruptcy filing of Lehman Brothers...
CSX loses appeal to block TCI from winning two seats
(Bloomberg News circulated the following story by David Glovin on September 15.) NEW YORK — CSX Corp., the third-largest U.S. railroad, said two additional nominees supported by London-based activist hedge fund TCI will be seated on its board after losing a legal...
Railroads assess Hurricane Ike damage
(The following appeared at TrafficWorld.com on September 15.) WASHINGTON, D.C. — Freight railroads were assessing the damage Monday from this weekend's severe hit from Hurricane Ike on the Texas coast. BNSF Railway and Union Pacific Railroad both said they hoped to...
Ike wreaks havoc with four Class Is’ operations
(The following appeared on the Progressive Railroading website on September 15.) Like Hurricane Gustav two weeks before it, Hurricane Ike left an imprint on rail infrastructure along the U.S. Gulf Coast. After hammering large portions of Texas and some parts of...
California crash may test $200 million cap on damages
(Bloomberg News circulated the following story by Angela Greiling Keane on September 15.) WASHINGTON, D.C. — The California commuter train crash that killed 26 people may test a 1997 U.S. law capping passengers' damage claims in railroad accidents at $200 million. The...
One Metrolink crash changed his life, the other took it away
(The following story by Ari B. Bloomekatz, Victoria Kim and Hector Becerra appeared on the Los Angeles Times website on September 16.) LOS ANGELES — Three years ago, Gregory Lintner walked away with only scrapes and bruises from a Metrolink train crash in Glendale...
Text messaging figures in L.A. train wreck probe
(Reuters circulated the following story by Steve Gorman on September 15.) LOS ANGELES — Investigators of a Los Angeles train wreck that killed 25 people are looking into reports that an engineer blamed for missing a stop signal light may have been distracted by text...
Cell phone ban sought for Calif. train operators
(The Associated Press circulated the following story by Daisy Nguyen on September 16.) LOS ANGELES — The state's top rail safety regulator said Monday he would seek an emergency order banning train operators from using cell phones, as federal investigators sought to...
Controls to curb rail crashes may be years off
(The Associated Press circulated the following story by Randal C. Archibold on September 16.) LOS ANGELES — Federal officials said Monday that it could take five years or more to put an early-warning system in place across the country to prevent the kind of rail...
Applying for a Railroad Retirement Annuity
(The U.S. Railroad Retirement Board issued the following on September 9.) CHICAGO — Railroad employees who are planning to retire should be aware of what steps to take and what documents are required when applying for an annuity from the Railroad Retirement Board...
