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Daily Headlines
Official defends fare increase for NJ Transit
(The following story by Jonathan Tamari appeared on the Courier-Post website on April 5.) CHERRY HILL, N.J. — Department of Transportation Commissioner Kris Kolluri defended a planned 9.6 percent fare increase on NJ Transit Wednesday, saying more money is needed to...
STB announces adjusted user fees
(The U.S. Surface Transportation Board issued the following on April 6.) WASHINGTON, D.C. — The Surface Transportation Board announced today that the agency has adopted its 2007 User Fee Update Schedule (2007 Update) for the processing of various transportation...
LIRR cutting many gaps to 5 inches
(The following story by Jennifer Maloney appeared on the Newsday website on April 5.) NEW YORK — The Long Island Rail Road is shrinking gaps at most of its end-of-the-line stations to 5 inches - 2 inches less than the railroad industry's minimum gap standard....
Four BNSF cars derail in Yakima, hit warehouse
(The Associated Press circulated the following on April 9.) YAKIMA, Wash. — Officials in Yakima are investigating what caused four railroad cars to derail and crash into a warehouse Sunday afternoon. No injuries were reported in the incident about 4:30 p.m. next to an...
CN safety record fuels queries about bonus awarded to CEO
(The following report by Brent Jang appeared on the Globe and Mail website on April 5.) TORONTO — A West Coast mutual fund is questioning the bonus awarded to Canadian National Railway Co.'s chief executive officer amid concerns over high-profile derailments. Ethical...
Close call for CSX crew in W.Va.
(The following story by Dave Gustafson appeared on the Charleston Gazette website on April 5. CSX’s call to 911 is available here: http://webad.cnpapers.com/trainderail) CHARLESTON, W.Va. — A set of train tracks in western Kanawha County might reopen as soon as today...
Final day for ballots in CN-UTU vote; Results tomorrow
(The following story by Ryan Jensen appeared on the Interior News website on April 4.) OTTAWA — The voting deadline for contract ratification by striking United Transportation Union (UTU) CN Rail workers has been extended until April 9. Voting was originally scheduled...
UP celebrates new trestle completion
(The following story by Tony Bizjak appeared on the Sacramento Bee website on April 5.) SACRAMENTO, Calif. — With freight trains rumbling anew over reconstructed rails at the American River fire site, a visiting railroad official on Tuesday promised his company will...
CSX up after news of Buffett’s rail stakes
(Reuters circulated the following story on April 9.) NEW YORK — Shares of railroad CSX Corp. rose more than 4 percent before the bell on Monday after CNBC television reported that Warren Buffett's Berkshire Hathaway Inc. had bought stakes in two unidentified railroad...
Buffett pays top price to acquire 10.9% stake in BNSF
(Bloomberg News circulated the following story by Nancy Kercheval on April 9.) NEW YORK — Warren Buffett's Berkshire Hathaway Inc. bought a 10.9 percent stake in Burlington Northern Santa Fe Corp. to become the largest shareholder at a time when rail stocks were...
