Rail Industry News
Ackman push for new rail chief puts bull’s-eye on Canadian Pacific’s Green
(Source: Bloomberg News, January 4, 2012) NEW YORK — Canadian Pacific Railway Ltd. (CP)’s chief executive officer may wear a target on his back as the company’s biggest shareholder, William Ackman’s Pershing Square Capital Management LP, pushes for a management...
Hoffa praises Obama for bold actions to protect working families
(Source: International Brotherhood of Teamsters press release, January 4, 2012) WASHINGTON, D.C. — Teamsters General President Jim Hoffa today applauded President Obama authority to appoint well-qualified people to government posts that are key to protecting working...
DOT awards $186 million to Illinois to expand high-speed rail in the Midwest
(Source: U.S. Department of Transportation press release, January 4, 2012) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today awarded more than $186 million to the Illinois Department of Transportation (IDOT) for a high-speed rail project that will...
For high-speed rail, support in the past from G.O.P. presidential hopefuls
(Source: New York Times, January 2, 2012) NEW YORK — President Obama’s program to bring bullet trains to the United States has been left on life support by the strident opposition of Republicans in Congress and in statehouses around the nation. But the idea may carry...
California high-speed rail funding could be in jeopardy
(Source: Los Angeles Times, January 3, 2012) LOS ANGELES — The Legislature should not authorize the issuance of $2.7 billion in bonds to start building California's $98.5-billion bullet train project, a state-appointed review panel says in a key report released on...
Booming Mexico-U.S. trade boosts Kansas City Southern
(Source: Bloomberg News, January 5, 2012) KANSAS CITY, Mo. — Kansas City Southern railcars are rumbling over the Rio Grande as record trade between Mexico and the U.S. buffers the railroad from a slowing global economy. Full story: Bloomberg News
Union Pacific shares its 150-year story
(Source: Omaha World-Herald, January 3, 2012) OMAHA, Neb. — On July 1, Omaha-based U.P. will mark a major milestone: 150 years since Abraham Lincoln signed the Pacific Railroad Act, creating the Union Pacific Railroad. To celebrate the big event, the company is...
Activists plan initiative to outlaw coal trains in Bellingham, Wash.
(Source: Bellingham Herald, December 29, 2011) BELLINGHAM, Wash. — Ever since the plans for SSA Marine's coal shipping terminal at Cherry Point became public, city officials have been saying that they would have no direct control over the coal trains that would pass...
For CP Rail, a blunt leader may be the solution
(Source: Globe and Mail, December 30, 2011) TORONTO — The train industry veteran being courted to run Canadian Pacific Railway Ltd., a company under investor pressure to make drastic changes, is known for being blunt and uncompromising when pushing for fast...
TCU, Machinists complete union merger
(Source: Progressive Railroading, January 3, 2012) On January 1, 2012, the Transportation Communications Union (TCU) and International Association of Machinists & Aerospace Workers (IAMAW) completed their merger as TCU/IAM. In July 2005, TCU affiliated with the IAMAW...
CSXT opens Louisville intermodal terminal
(Source: Progressive Railroading, January 3, 2012) Yesterday, CSX Transportation began operating a new intermodal terminal in Louisville, Ky. The facility will offer international service to and from East Coast ports — including those in Charleston, S.C., New York and...
Amtrak reduces fares in Illinois, Michigan, Missouri
(Source: State Journal-Register, January 3, 2012) SPRINGFIELD, Ill. — Amtrak has cut fares by up to 20 percent on most Illinois and Michigan trains through April 29 and Missouri trains through April 28. Full story: State Journal-Register
Proposed Amtrak cuts dead in Congress, for now
(Source: Galesburg Register-Mail, December 29, 2011) GALESBURG, Ill. — Illinois State Rep. Don Moffitt said a U.S. House of Representatives subcommittee proposal that would have cut federal funding for state-supported Amtrak service is dead for now. According to the...
Rail passengers would get safer exits after crashes under new FRA rule
(Source: Bloomberg News, December 30, 2011) WASHINGTON, D.C. — Passengers on Amtrak and other U.S. commuter railroads would be able to escape trains more easily after accidents under a rule proposed by the Federal Railroad Administration on December 30, 2011. Full...
While some states roll ahead with high-speed rail plans, Wisconsin idles
(Source: The Capital Times, January 4, 2012) MADISON, Wisc. — While states such as Illinois and Michigan move ahead with plans for high-speed rail, Wisconsin is stuck in the siding. Rail supporters argue it is detrimental to the state’s economic fortunes. Full story:...
Midwest officials explore passenger rail expansion
(Source: Associated Press, January 1, 2012) KANSAS CITY, Mo. — Expanding passenger rail service through Missouri, Kansas, Oklahoma and Texas would cost the federal and state governments hundreds of millions of dollars, according to a recently released study that...
Teamster pipeline construction workers launch strike
(Source: International Brotherhood of Teamsters press release, January 3, 2012) WASHINGTON, D.C. — More than 700 Teamster pipeline construction workers across the country are preparing to strike after negotiations failed with the Pipe Line Contractors Association over...
AAR: Railroads repport intermodal volume up 22.9 percent over 2010
(Source: Association of American Railroads press release, December 29, 2011) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported gains in weekly rail traffic, with U.S. railroads originating 287,137 carloads for the week ending Dec. 24, 2011,...
Dual benefit payments under Railroad Retirement
(Source: U.S. Railroad Retirement press release, November 23, 2011) CHICAGO — The payment of a railroad retirement annuity can be affected by entitlement to social security benefits, as well as certain other government benefits. Such dual entitlement, if not reported...
Dual benefit payments under Railroad Retirement
(Source: U.S. Railroad Retirement press release, November 23, 2011) CHICAGO — The payment of a railroad retirement annuity can be affected by entitlement to social security benefits, as well as certain other government benefits. Such dual entitlement, if not reported...
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