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Daily Headlines
Germany dispatches first car of levitating train for new Shanghai link
KASSEL, Germany -- A wire service reports that Germany sent the first levitating-train car to China on Thursday for a high-speed link between Shanghai and its airport, and the German transport minister said he hoped similar lines would soon be built here. Transrapid,...
UPS Teamsters to hold major solidarity rally outside New York City
WASHINGTON, D.C. -- Teamster members at United Parcel Service (UPS) will gather outside New York City on Sunday, June 23 for a solidarity rally. As the July 31 contract expiration fast approaches, thousands of UPS Teamsters from across the Eastern region are attending...
Carload freight at highest level this year on U.S. railroads
WASHINGTON, D.C. -- Carload freight on U.S. railroads reached its highest level this year during the week ended June 15, while intermodal traffic continued its recent surge, the Association of American Railroads (AAR) reported. Carload freight totaled 348,048 cars, up...
CPR augments trailer-on-train Expressway fleet, adds track
TORONTO -- Canadian Pacific Railway will spend $3.5 million to expand its Expressway "trailer on train" fleet that caters to trucking companies and add track at a Toronto terminal, according to a wire service report. The railway announced Thursday it will add 50 new...
S&P affirms negative stock outlook for BNSF
NEW YORK -- Standard & Poor's said today it assigned its triple-'B'-plus rating to Burlington Northern Santa Fe Corp.'s $300 million senior unsecured notes due 2012, a wire service reported. The rail company's triple-'B'-plus corporate credit rating is affirmed. The...
New Jersey officials brace for fight over Amtrak
WASHINGTON, D.C. -- New Jersey, as dependent as any other state on Amtrak service, is bracing to fight for continued survival of the national passenger railroad, a wire service reported. Several Garden State lawmakers blasted the Bush administration Thursday for...
AAR ‘deeply concerned’ over Amtrak proposal
WASHINGTON, D.C. -- The following statement was issued yesterday by Edward R. Hamberger, President and CEO of the Association of American Railroads: "The Administration's principles announced on Thursday are a valuable contribution to the ongoing national debate about...
White House seeks Amtrak overhaul
WASHINGTON, D.C. -- The Bush administration yesterday called for a fundamental overhaul of Amtrak by eliminating its federal subsidies, finding competitors for major intercity routes, and focusing the railroad's attention on train service by ending its ownership of...
Bush Administration’s Amtrak reform plan is fantasy
COLUMBUS -- Ohio’s only organization representing the state’s rail travelers said it was deeply disappointed at a Bush Administration plan for restructuring Amtrak, revealed today by Transportation Secretary Norman Mineta. The Bush plan proposes requiring states to...
Lawmakers’ reviews mixed on Bush plan for Amtrak
WASHINGTON, D.C. -- Elected officials gave mixed reviews to the Bush administration's proposal for overhauling Amtrak by shifting financing for its operating losses from the federal government to the states, the New York Times reported. Officials acknowledged a need...
