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Daily Headlines
NJ Transit OKs $2M more for tunnel study
(The following story by Larry Higgs appeared on the Asbury Park Press website on February 14.) NEWARK, N.J. — NJ Transit's board of trustees approved more than $2 million worth of contract amendments for consultants studying the proposed second Hudson River Tunnel and...
Editorial: No time for feds to cut transportation aid
(The following editorial appeared on the News Tribune website on February 14.) NEW BRUNSWICK, N.J. — As one of the nation's wealthiest states, New Jersey has always sent more tax dollars to Washington than it gets back in federal aid, about 70 cents on the dollar. The...
Senators Lautenberg, Menendez: Bush budget undermines N.J. transportation needs
(The following story by Michael Pagan appeared at PolitickerNJ.com on February 12.) WASHINGTON, D.C. — Sen. Frank R. Lautenberg (D-NJ) and Sen. Robert Menendez (D-NJ) today said President Bush’s Fiscal Year 2009 budget proposal makes drastic cuts in transportation...
BNSF declares quarterly dividend
(Burlington Northern Santa Fe Corporation issued the following on February 13.) FORT WORTH, Texas — Directors of Burlington Northern Santa Fe Corporation (NYSE: BNI) voted on February 13, 2008, to pay a quarterly dividend of 32 cents per share on outstanding common...
Railroads predict higher prices in 2008
(The following story by David Hannon appeared at Purchasing.com on February 14.) While the trucking industry struggles with higher fuel costs and decreased pricing power, railroads are seemingly immune from the economic downturn when it comes to pricing. In the fourth...
Amtrak, conductors agree on contract
(The following appeared on the Washington Post website on February 13.) WASHINGTON, D.C. — Amtrak and the United Transportation Union agreed on a new contract, subject to approval by union members. The union represents 2,300 Amtrak conductors and assistants. The...
TCRC ratifies CP Rail contract
(The Teamsters Canada Rail Conference issued the following on February 13.) OTTAWA, Ontario — Teamsters Canada Rail Conference, representing all running trades employees at CP Rail, announced today that their members have ratified a new five year contract by a margin...
CSX Board responds to TCI
(CSX Corporation issued the following on February 14.) JACKSONVILLE, Fla. — CSX Corporation today sent the following letter to The Children's Investment Fund (TCI): Chris Hohn, Managing Partner The Children's Investment Fund 7 Clifford Street London, England Dear Mr....
DOT develops new rail safety regulations
(The following story by Gregory Richards appeared on The Virginian-Pilot website on February 13.) NORFOLK, Va. — Core railroad operating rules - governing train speed, switching and other actions - are being brought under federal jurisdiction in an attempt to reduce...
DOT takes action to reduce train accidents caused by human error
(The U.S. Department of Transportation issued the following on February 13.) WASHINGTON, D.C. — Reducing common mistakes that result in nearly half of all human factor-caused train accidents is the aim of a new federal regulation that places greater accountability on...
