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Daily Headlines
Amtrak to cut $100 million in expenses to get a loan
WASHINGTON, D.C. -- Amtrak agreed last night to the Bush administration's terms for a $100 million loan that will avert an immediate shutdown and promised to find $100 million in expense cuts from next year's budget, the New York Times reports. The loan will keep...
Agreement reached on aid to Amtrak
WASHINGTON, D.C. -- Amtrak and the Bush administration reached a final agreement on a financial package to keep the national passenger train system running through September, after the administration toned down controversial provisions involving organized labor and...
U.S. govt, Amtrak agree on bailout
WASHINGTON -- Amtrak and the Bush administration finalized a government bailout on Friday to keep the passenger railroad going through summer, averting a shutdown that had been threatened to begin after July 4, according to a wire service. "The good news is the trains...
Amtrak has its faults, but it has its fans, too
ABOARD THE WOLVERINE -- The Amtrak station in Detroit could not be called spacious, the New York Times reports. "It's about as big as Denise Joyner's living room." This assessment comes from Denise Joyner herself, who works for the state unemployment agency. "If...
Nonprofit firm to buy Railtrack rail network
LONDON -- The Wall Street Journal Online reports that Railtrack Group PLC said Thursday it agreed to a takeover of its rail network ( news - external web site) by state-backed nonprofit firm Network Rail. Railtrack, which was placed into administration last October,...
Union Pacific celebrates 140th Anniversary on July 1
OMAHA, Neb. -- On July 1, 1862, President Abraham Lincoln signed into law the Pacific Railway Act, which created the Union Pacific Railroad Company and chartered the company and the Central Pacific Railroad Company to link the country together from Omaha to...
Container volume sets record on U.S. railroads
WASHINGTON, D.C. -- U.S. railroads originated more containers during the week ended June 22 than in any previous week on record, the Association of American Railroads (AAR) reported on its website yesterday. Railroads loaded a total of 142,455 containers during the...
NY legislature gives railroads 45% property tax cut
ALBANY, N.Y. -- The New York state Legislature passed a measure that will reduce property taxes on land owned by railroads, the Albany Business Review reports. The new rail Infrastructure Investment Act will phase in a 45 percent tax cut over seven years. Gov. George...
BMWE organizes Wisconsin Central track workers
SOUTHFIELD, Mich. -- The National Mediation Board yesterday certified the Brotherhood of Maintenance of Way Employes as the newly-elected collective bargaining representative of 473 track, bridge and dock workers on Wisconsin Central Transportation Corporation. The...
Gunn’s letter to Amtrak employees
WASHINGTON, D.C. -- The following was conveyed to Amtrak employees nationwide in a special advisory from Amtrak President and CEO David L. Gunn on June 26, 2002. Dear Amtrak Co-workers: We reached a tentative agreement last night with the Department of Transportation...
