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Daily Headlines
Opinion: Don’t let fools knock commuter rail off track
(The following column by Mike Thomas appeared on the Orlando Sentinel website on April 6.) ORLANDO, Fla. — We bungled away light rail in the 1990s. Could we now lose commuter rail in the 2000s? Here is the short answer: All things are possible, and in this state, that...
Opinion: Slow moving train
(The following column by Gary Martin appeared on the San Antonio Express-News website on April 4.) SAN ANTONIO, Texas — Sometimes, Washington works at glacial speed. The Federal Railroad Administration proposed new safety regulations this week in response to several...
Norfolk Southern to sell $600 million in notes
(The Associated Press circulated the following on April 4.) NEW YORK — Railroad operator Norfolk Southern (NYSE:NSC) Corp. said it has agreed to sell $600 million in 5.75 percent senior notes due 2018, according to a filing Friday with the Securities and Exchange...
KCS CEO sells shares
(The Associated Press circulated the following on April 4.) NEW YORK — The chairman and chief executive of railroad operator Kansas City Southern exercised options for 36,000 shares of common stock under a prearranged trading plan, according to a Securities and...
Sector snap: Railroads
(The Associated Press circulated the following on April 4.) NEW YORK — Shares of railroad operators fluctuated Friday as the broader market regained ground, while two major players were downgraded to "Neutral" as analysts said the stocks are too expensive to earn a...
Ensuring sobriety and rail safety
(The following story by Noah Bierman appeared on the Boston Globe website on April 6.) BOSTON — Bill Regan, a worker on the Massachusetts commuter rail for 19 years and a former union chief, says the railroad is "a harsh environment" that leads people to drink and use...
Railroads are expanding at a record clip
(The following story by Gregory Richards appeared on The Virginian-Pilot website on April 6.) NORFOLK, Va. — America's railroads are back to laying track. For decades, freight railroads tore up or sold stretches of rail as they lost cargo to trucking companies. But...
Children’s Investment Fund alleges insider trading at CSX
(Dow Jones circulated the following on April 4.) CHICAGO — The hedge fund pursuing strategic reform at CSX Corp. (CSX) on Friday leveled allegations of insider trading against the chairman and board members of the U.S. railroad operator. The Children's Investment Fund...
Railroad Retirement annuitants must file a 2007 tax return to receive economic stimulus payments (rebates)
(The U.S. Railroad Retirement Board issued the following on March 7.) CHICAGO — Starting in May, the U.S. Treasury will begin sending economic stimulus payments, often referred to as rebates, to more than 130 million individuals. Most taxpayers do not need to take any...
IRS issues economic stimulus Q&A for Railroad Retirement
(The Internal Revenue Service issued the following on March 5.) DID YOU RECEIVE RAILROAD RETIREMENT BENEFITS LAST YEAR? You may be entitled to an economic stimulus payment, often referred to as a rebate, from the federal government. HOW MUCH WILL I GET? You could get...
