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Daily Headlines
Late trains said to hurt Amtrak finances
(The Associated Press circulated the following story by Sarah Karush on April 3.) WASHINGTON — Amtrak could significantly boost its revenues and cut expenses if it improves its on-time performance, according to a report by the Transportation Department's inspector...
KCS downgraded to neutral by UBS
(The following appeared at TradingMarkets.com on April 4.) BOSTON — Kansas City Southern Friday was downgraded to neutral from buy at UBS, which said the stock has traded at or above its $40 price target during the past week. Analyst Randy Cousins said Kansas City...
CN Rail and CP Rail get estimates cut by UBS
(The following appeared on the National Post website on April 3.) OTTAWA — Earnings at Canadian railways are expected once again to be hit by severe winter weather and high fuel prices in March, issues that were exacerbated by lowered freight rates for Canadian grains...
Railroad fuel surcharges make shippers cry foul
(The following story by Dan Piller appeared on the Des Moines Register website on April 4.) DES MOINES, Iowa — BNSF Railway Chairman Matt Rose doesn't "stand in front of shippers and say, 'Don't worry, be happy.' I know that nobody likes fuel surcharges," he said....
AAR: U.S. rail freight traffic down in March
(The Association of American Railroads issued the following on April 3.) WASHINGTON, D.C. — Both carload and intermodal freight were down on U.S. railroads during March, the Association of American Railroads (AAR) reported today. Railroads originated 1,308,482...
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...
Deadline is April 7 for Disaster Relief assistance in Kentucky
CLEVELAND, April 3 — The Teamsters Disaster Relief Fund is accepting applications for assistance from members in the state of Kentucky after severe storms, tornadoes, straight-line winds and flooding caused major damage on February 5-6, 2008. Kentucky residents in the...
Teamsters offer Disaster Relief assistance in Georgia
CLEVELAND, April 3 — The Teamsters Disaster Relief Fund is accepting applications for assistance from members in the state of Georgia after severe storms, tornadoes and flooding caused major damage from March 14-16. If you or someone you know needs help, please call...
Immigrants protest Amtrak, Greyhound
(The following appeared on the New York Sun website on April 3.) NEW YORK — It's becoming harder to travel for many illegal immigrants these days as the federal government cracks down on identification requirements for boarding airlines and appears to be increasing...
