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Daily Headlines
House OKs Railroad Retirement Bill
WASHINGTON -- The House passed gave final passage Tuesday to legislation allowing a $15 billion railroad retirement fund to be invested in stocks and bonds for the first time, a wire service reports. The bill, which passed the House on a 369-33 vote, would cut payroll...
U.S. House approves rail pension funds for railroads
WASHINGTON -- The U.S. House of Representatives on Tuesday gave final congressional approval to a bill that would permit $15.3 billion in railroad pension funds to be invested on Wall Street, reports a wire service. On a vote of 369-33, the House passed the previously...
Wreck site has power outage
DAVISBURG, Mich. -- A stretch of railroad track where a fatal train collision occurred Nov. 15 had a switch power outage last week but continued to function without interruption of service, a railroad company spokesman said Monday. Jack Burke, a spokesman with the...
Acela not enough of a boost for Amtrak
WASHINGTON -- According to a wire service, Amtrak celebrated the one-year anniversary of the nation's first high-speed train Monday amid uncertainty about its own future as America's passenger rail company. With creature comforts and a top speed of 150 mph, Acela...
Conrail agrees to pay Amtrak $3.5 million
PHILADELPHIA -- Conrail agreed Monday to pay $3.5 million to settle claims it understated the miles its trains traveled on Amtrak's rails for reimbursement purposes, a wire service reports. Conrail was required under a 1986 contract to report the miles its trains...
STB asks AAR to resolve rail car interchange issues
WASHINGTON, D.C. -- Surface Transportation Board (Board) Chairman Linda J. Morgan announced on December 10 that the Board has asked the Association of American Railroads (AAR) to convene a meeting with railroads, shippers, and other involved parties to discuss ways to...
NCRR and CSX resolve property dispute
RALEIGH, N.C. -- North Carolina Railroad Company (NCRR) and CSX Transportation Inc. (CSXT) have settled a 140-year ownership dispute over a portion of track near Raleigh, NC. The agreement opens the door for increased rail transit and economic development in the...
VRE on track for $67 million upgrade
RICHMOND, Va. -- Northern Virginia's commuter railroad has given the green light to a new operating agreement with CSX Corp. that's expected to trigger a $67 million rail improvement program from Washington to Richmond, the Richmond Times-Dispatch reports. Officials...
Maglev hearing set for tonight
PITTSBURGH -- Maglev officials and some Penn Township residents opposed to routes being considered for the high-speed train are expected to meet tonight in Harrison City, the Pittsburgh Tribune-Review reports. A meeting is scheduled for 7 p.m. at the township...
Acela train kills 3 teenagers near Philadelphia
AIRLESS HILLS, Pa. -- An Amtrak Acela Express train traveling 100 miles an hour rounded a curve today and killed three teenagers who were walking on the railroad tracks, the authorities said. None of the roughly 300 passengers were hurt, according to a wire service....
