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Daily Headlines
Railroad stocks: Riding the money train
(The following story by Paul R. La Monica of Fortune Magazine appeared at CNN.com on August 19.) High energy prices have started to put a dent in corporate profits. But surprisingly, one industry that relies heavily on oil has not been hurt: the railroads. Most of the...
UP budgets $9.1 million for Wisconsin line improvements
(The following appeared on the Progressive Railroading website on August 19.) Union Pacific Railroad plans to spend $9.1 million this year to upgrade track between Adams and Lebanon, Wis. Just under way and scheduled for completion in late October, the project calls...
Gas prices lead many to ride the rails
(The following story appeared on The Stockton Record website on August 19.) STOCKTON, Calif. — Evidence that gas prices still are prompting travelers to swap their car keys for mass-transit tickets continue to grow, according to July statistics of riders on regional...
Railroad bridge collapses over Scotts Creek in North Carolina
(The following story by Sue Book appeared on the Sun Journal website on August 18.) NEW BERN, N.C. — The collapse of a 100-foot steel railroad bridge over Scotts Creek in James City will stop trains for a week through New Bern to Cherry Point, Camp Lejeune, and the...
All-time-high 2.75 million passengers ride Amtrak in July
(The following appeared on the Progressive Railroading website on August 18.) Last month, Amtrak carried 2.75 million passengers — the national intercity passenger railroad's highest monthly ridership in its 37-year history. July's passenger total rose 14 percent...
July 2008 Amtrak ridership sets all-time monthly record
(Amtrak issued the following on August 14.) WASHINGTON, D.C. — Amtrak ridership in July Fiscal Year 2008 increased to 2,750,278, nearly a 14 percent increase, marking the most passengers carried in any single month in Amtrak's 37 year history. Total ridership for the...
CN seeks new way on EJ&E ruling
(The following story by John D. Boyd appeared at TrafficWorld.com on August 18.) Canadian National Railway asked the Surface Transportation Board to split up its regulatory process, to rule on its planned purchase of a Chicago-area regional carrier by Oct. 15 but...
KCS finds success with its north-south vision
(The following story by Randolph Heaster appeared on The Kansas City Star website on August 19.) KANSAS CITY, Mo. — When Kansas City Southern chairman and chief executive Mike Haverty recently received an entrepreneurship award, he invoked the name of the railroad’s...
Deadline is today for Teamster Disaster Relief assistance in Missouri
CLEVELAND, August 18 — The Teamsters Disaster Relief Fund is accepting applications for assistance from members in the state of Missouri after severe storms and flooding caused major damage in the following counties: Clark, Lewis, Lincoln, Marion, Pike, Ralls and St....
RRB: Medicare for railroad families
(The U.S. Railroad Retirement Board issued the following on August 12.) CHICAGO — The Federal Medicare program provides hospital and medical insurance protection for railroad retirement annuitants and their families, just as it does for social security beneficiaries....
