November 19, 2021 | CP, Headlines, KCS
(Source: Railway Age, November 18, 2021) NEW YORK — In two separate offerings, one in Canada, one in the United States, Canadian Pacific (CP) is issuing several billion dollars in debt to “indirectly fund, in part, the cash consideration required for the acquisition...
November 19, 2021 | Commuter Rail, Headlines
(Source: Railway Track & Structures, November 18, 2021) NEW YORK — The Metra Board of Directors last week approved a 2022 operating budget of $900 million and a 2022 capital program of nearly $261 million. Full story: Railway Track &...
November 19, 2021 | Headlines, High Speed Rail
(Source: Wisconsin Public Radio, November 18, 2021) MILWAUKEE, Wisc. — The Midwest Regional Rail Planning Study mapped out the most promising routes for development over the next 40 years. Madison and Milwaukee stood out to planners as critical links for the success...
November 19, 2021 | Headlines, Operation Lifesaver
(Source: Operation Lifesaver press release, November 17, 2021) WASHINGTON, D.C. — Operation Lifesaver, Inc. (OLI), the national rail safety education nonprofit, has released a digital version of its 2020 Annual Report. Every three hours a person or vehicle is hit by a...
November 19, 2021 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, October 29, 2021) CHICAGO — Railroad retirement annuitants subject to earnings restrictions can earn more in 2022 without having their benefits reduced due to increased limits indexed to average national wage...