Rail Industry News
Amtrak’s Downeaster sets another ridership record
(Source: Associated Press, July 10, 2012) PORTLAND, Maine — Amtrak's Downeaster has set another ridership record, completing its fiscal year with 528,292 passengers, the highest in its 10-year history. Full story: Boston Globe
Opinion: Is California’s high-speed train on track or off the rails?
(Source: Los Angeles Times, July 10, 2012) LOS ANGELES — As for high-speed rail, in a way, there’s no wrong vote on it, and no right vote, either, except through the rear-view mirror of history, when people either will be lionized or reviled for their decisions. And...
High-speed rail executives from around the world to meet in Philadelphia this week
(Source: Philadelphia Inquirer, July 11, 2012) PHILADELPHIA, Pa. — High-speed-rail executives from around the world gather in Philadelphia this week, hoping to boost support for bullet trains in the United States, where momentum has been slowed by high costs and...
RRB issuing statements of service (Form BA-6)
(Source: U.S. Railroad Retirement Board press release, June 6, 2012) CHICAGO — Each year, the U.S. Railroad Retirement Board (RRB) prepares a “Certificate of Service Months and Compensation” (Form BA-6) for every railroad employee who received creditable railroad...
New benefit year for Railroad Unemployment and Sickness Benefits
(Source: U.S. Railroad Retirement Board press release, June 4, 2012) CHICAGO — A new benefit year under the Railroad Unemployment Insurance Act begins July 1, 2012. Administered by the Railroad Retirement Board (RRB), this Act provides two kinds of benefits for...
Annual ‘Mooning of Amtrak’ is set for Saturday
(Source: Orange County Register, July 9, 2012) LAGUNA NIGUEL, Calif. — Train passengers can expect an eyeful Saturday as bare bottoms converge along the tracks at Camino Capistrano for the annual Mooning of the Amtrak. Full story: Orange County Register
Railroad stocks mixed at close of July 9, trading
(Source: Associated Press, July 9, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on July 9, including Norfolk Southern, which fell 0.2 percent, and Union Pacific, which rose 1.1 percent. Full story: CBS News
NJ Transit board expected to vote on $1.9 billion for operating costs
(Source: NorthJersey.com, July 9, 2012) NJ Transit staff is seeking $1.9 billion to cover its operating costs, including salaries and benefits for roughly 11,000 employees at the Newark-based bus and rail agency, for the 2013 fiscal year that started this month. The...
CN’s rail plan stirs hope, concern in Canada’s iron belt
(Source: Reuters, July 9, 2012) TORONTO — Canada's biggest railroad wants to build a C$5 billion ($4.8 billion) rail line to ship iron ore from an isolated northern Quebec to port, a crucial link that could transform Canada into the world's third-largest producer of...
LaHood: California high-speed rail approval is ‘terrific news’
(Source: The Hill, July 9, 2012) WASHINGTON, D.C. — Transportation Secretary Ray LaHood sung the praises of California state lawmakers Monday for approving a controversial high-speed railway that has been pushed by the Obama administration. The California state Senate...
California, Virginia railway projects boost Obama transit push
(Source: The Hill, July 9, 2012) WASHINGTON, D.C. — Supporters of President Obama’s push to build more railways in the United States are hoping that a pair of high-profile approvals will help get the president’s beleaguered rail effort back on track. After a string of...
Railroad stocks mixed at close of July 6 trading
(Source: Associated Press, July 6, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on July 12, including Kansas City Southern, which fell 1.4 percent, and Norfolk Southern, which rose 0.4 percent. Full story: CBS News
Lawsuit accuses Union Pacific of negligence in bridge collapse, derailment
(Source: Chicago Tribune, July 6, 2012) CHICAGO — Union Pacific is accused of negligence in a lawsuit filed by the family of a Glenview couple who died when a freight train derailed and caused a bridge to collapse. The suit contends the railroad failed to properly...
Amtrak’s high-speed Northeast Corridor plan at $151 billion
(Source: Philadelphia Inquirer, July 9, 2012) PHILADELPHIA — Amtrak's updated plan for high-speed train travel on the East Coast envisions 37-minute trips between Philadelphia and New York, after a $151 billion redevelopment of the entire Northeast Corridor. Faster...
Teamsters applaud signing of Surface Transportation bill into law
(Source: International Brotherhood of Teamsters press release, July 6, 2012) WASHINGTON, D.C. — The following is the official statement of Teamsters General President James P. Hoffa on President Obama signing the Surface Transportation Reauthorization Bill into law...
California high-speed rail officials rebuffed proposal from French railway
(Source: Los Angeles Times, July 9, 2012) LOS ANGELES — As state officials accelerated their effort to design a high-speed rail system in 2010, they were approached by the renowned French national railway with a suggestion: The project could use the help of an...
Vote on high-speed rail called ‘big win’ for California
(Source: Los Angeles Times, July 7, 2012) LOS ANGELES — The state Senate vote authorizing initial funding for California's high-speed rail project was hailed by backers Friday as a pivotal step in building the controversial project. U.S. Transportation Secretary Ray...
California approves high-speed rail project after years of debate
(Source: San Jose Mercury News, July 7, 2012) SAN JOSE, Calif. — Capping a dramatic showdown over the most expensive project in state history, California legislators Friday gave final approval to high-speed rail, firing the nation's first bullet train toward the...
Historic locomotives on display in downtown Roanoke
(Source: Roanoke Times, July 6, 2012) ROANOKE, Va. — Saturday will be diesel locomotive day in downtown Roanoke at the Virginia Museum of Transportation. The museum, working with Norfolk Southern Corp., the Roanoke Chapter of the National Railway Historical Society...
CN to report 2Q 2012 earnings on July 25
(Source: CN press release, July 5, 2012) MONTREAL — CN will issue its second-quarter 2012 financial and operating results on July 25, 2012, at 8 a.m. Eastern Daylight Time (EDT). CN's senior officers will review the results and the railway's outlook at 8.30 a.m. EDT...
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