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Daily Headlines
U.S. says passenger rail to cost at least $2.5 billion
WASHINGTON, D.C. -- The Bush administration estimated Thursday it would cost at least $2.5 billion annually to fund train service between U.S. cities, but did not embrace calls to break up or privatize Amtrak, a wire service reported. Deputy Transportation Secretary...
Pa. maglev route faces further public scrutiny
PITTSBURGH -- Residents of Westmoreland County, Pa., will get another chance to look at aerial maps showing two routes proposed in the county for a high-speed magnetic levitation train, according to the Pittsburgh Tribune-Review. The maps, shown last month at a public...
CN Rail buys 60 General Electric locomotives
MONTREAL -- Canadian National Railway Co. said on Wednesday it agreed to buy 60 Dash 9-44CW locomotives from General Electric Co.'s Transportation Systems unit, a wire service reports. Montreal-based CN, Canada's largest railway and the No. 5 in North America, said...
BNSF proposes deal on Houston rail line
HOUSTON -- An official with Burlington Northern Santa Fe Corp. is offering to drop controversial plans for a 13-mile rail line through southeast Houston in exchange for concessions from Union Pacific Railroad, the Houston Chronicle reports. Charles L. Schultz,...
CP spinoff pays off for railway executives
OTTAWA -- Last year's breakup of Canadian Pacific Ltd. into five separate companies resulted in big payouts for executives at Canadian Pacific Railway Ltd., the Globe and Mail reports. Robert Ritchie, president and chief executive officer of Calgary-based CPR,...
Analysts working on the railroads
NEW YORK -- Betting on a spring arrival of that eagerly awaited economic recovery, John Barnes raised his outlook for railroad stocks Wednesday, according to CBS Marketwatch.com. Citing recent encouraging news out of the manufacturing sector, the Deutsche Banc Alex....
Mechanic crushed to death at New Haven railroad yard
NEW HAVEN, Conn. -- A 36-year-old West Haven man died at Yale-New Haven Hospital Tuesday night after being crushed in repair equipment at the Metro-North New Haven rail yard machinery shop, the Connecticut Post reports. Metropolitan Transportation Police in New York...
Amtrak president ready to depart as Congress debates system’s future
WASHINGTON, D.C. -- Amtrak President George D. Warrington will resign, possibly as early as today, just as Congress begins grappling with a national passenger-train system that is deteriorating physically and financially, according to Bush administration sources. The...
Amtrak president may move to replace deposed head of New Jersey Transit
NEW YORK -- The president of Amtrak, George Warrington, plans to resign his post to become executive director of New Jersey Transit, according to the New York Times. The report, based on information from an Amtrak source who was not identified, could not be confirmed....
Transportation Labor’s testimony before House Congressional Committee
STATEMENT OF EDWARD WYTKIND, EXECUTIVE DIRECTOR TRANSPORTATION TRADES DEPARTMENT, AFL-CIO BEFORE THE HOUSE TRANSPORTATION AND INFRASTRUCTURE SUBCOMMITTEE ON RAILROADS HEARING ON "AMTRAK STATUS: SUCCESSES AND FAILURES OF AMTRAK AND THE AMTRAK REFORM AND ACCOUNTABILITY...
