Rail Industry News
Norfolk Southern, CSX stocks fall amid coal forecast cuts
(Source: Boomberg news, September 21, 2011) NEW YORK — Norfolk Southern stock fell the most in more than a year as CSX stock also tumbled after two coal companies cut their forecasts. Full story: www.bloomberg.com
Amtrak rolling toward record ridership in 2011
(Source: MSNBC.com, September 14, 2011) WASHINGTON, D.C. — Amtrak officials optimistic that the year-end ridership total will top 30 million passengers for the first time. Full story: www.msnbc.com
Amtrak rolling toward record ridership in 2011
(Source: MSNBC.com, September 14, 2011) WASHINGTON, D.C. — Amtrak officials optimistic that the year-end ridership total will top 30 million passengers for the first time. Full story: www.msnbc.com
Metro-North to surpass LIRR to become nation’s busiest passenger rail line
(Source: Stamford Advocate, September 14, 2011) STAMFORD, Conn. — After more than three decades of gradual growth, Metro-North Railroad's total ridership is expected to surpass that of the Long Island Railroad in 2012 to become the nation's busiest passenger rail...
Metro-North to surpass LIRR to become nation’s busiest passenger rail line
(Source: Stamford Advocate, September 14, 2011) STAMFORD, Conn. — After more than three decades of gradual growth, Metro-North Railroad's total ridership is expected to surpass that of the Long Island Railroad in 2012 to become the nation's busiest passenger rail...
Amtrak can be saved as long as Republican proposals fail
(Source: www.dc.streetsblog.org, September 14, 2011) WASHINGTON, D.C. — Longtime passenger rail champion Senator Frank Lautenberg (D-N.J.) and Amtrak CEO Joseph Boardman slammed a House Republican plan to privatize the Northeast Corridor at a Congressional hearing in...
Amtrak can be saved as long as Republican proposals fail
(Source: www.dc.streetsblog.org, September 14, 2011) WASHINGTON, D.C. — Longtime passenger rail champion Senator Frank Lautenberg (D-N.J.) and Amtrak CEO Joseph Boardman slammed a House Republican plan to privatize the Northeast Corridor at a Congressional hearing in...
Railroads: Cartel or free market success story?
(Source: CNN Money/Fortune Magazine, September 13, 2011) NEW YORK — Some say shippers and railroads are natural adversaries, and have been for as long as the iron horse has existed. In fact, some are charging that railroads like CSX are monopolies that are exploiting...
Railroads: Cartel or free market success story?
(Source: CNN Money/Fortune Magazine, September 13, 2011) NEW YORK — Some say shippers and railroads are natural adversaries, and have been for as long as the iron horse has existed. In fact, some are charging that railroads like CSX are monopolies that are exploiting...
President Obama seeks $50 billion for transportation projects
(Source: Journal of Commerce, September 9, 2011) WASHINGTON, D.C. — The Journal of Commerce is reporting that the jobs plan President Obama is sending Congress will include a $50 billion spending request for new investments in highways, transit, rail and aviation....
President Obama seeks $50 billion for transportation projects
(Source: Journal of Commerce, September 9, 2011) WASHINGTON, D.C. — The Journal of Commerce is reporting that the jobs plan President Obama is sending Congress will include a $50 billion spending request for new investments in highways, transit, rail and aviation....
Editorial: Amtrak held up in Congress, again
(Source: Baltimore Sun, September 12, 2011) BALTIMORE, Md. — The latest Congressional proposal to eliminate state-sponsored Amtrak service across the country is a short-sighted assault on passenger rail, according to an editorial in the Baltimore Sun. Conservatives...
Editorial: Amtrak held up in Congress, again
(Source: Baltimore Sun, September 12, 2011) BALTIMORE, Md. — The latest Congressional proposal to eliminate state-sponsored Amtrak service across the country is a short-sighted assault on passenger rail, according to an editorial in the Baltimore Sun. Conservatives...
Obama’s jobs plan contains $4 billion for high-speed rail
(Source: Asbury Park Press, September 12, 2011) WASHINGTON, D.C. — President Barack Obama’s new jobs bill contains $4 billion for high-speed rail grants and $2 billion to repair and refurbish Amtrak’s assets in the Northeast Corridor. Full story: Asbury Park...
Obama’s jobs plan contains $4 billion for high-speed rail
(Source: Asbury Park Press, September 12, 2011) WASHINGTON, D.C. — President Barack Obama’s new jobs bill contains $4 billion for high-speed rail grants and $2 billion to repair and refurbish Amtrak’s assets in the Northeast Corridor. Full story: Asbury Park...
Amtrak raises age for unaccompanied minors
(Source: Washington Post, September 15, 2011) WASHINGTON, D.C. — Under new guidelines, which take effect Nov. 1, unaccompanied minors on Amtrak trains aged 13 to 15 can travel on their own as along as certain conditions are met, while children 16 and 17 years old are...
Amtrak raises age for unaccompanied minors
(Source: Washington Post, September 15, 2011) WASHINGTON, D.C. — Under new guidelines, which take effect Nov. 1, unaccompanied minors on Amtrak trains aged 13 to 15 can travel on their own as along as certain conditions are met, while children 16 and 17 years old are...
California high-speed rail agency ordered to improve small business outreach
(Source: San Jose Mercury News, September 16, 2011) SAN JOSE, Calif. — The Federal Railroad Administration on Thursday ordered California's high-speed rail planners to do better a better job of reaching out to small and minority-owned businesses or risk losing...
California high-speed rail agency ordered to improve small business outreach
(Source: San Jose Mercury News, September 16, 2011) SAN JOSE, Calif. — The Federal Railroad Administration on Thursday ordered California's high-speed rail planners to do better a better job of reaching out to small and minority-owned businesses or risk losing...
KCS rail freight grew in mid-September
(Source: Journal of Commerce, September 15, 2011) WASHINGTON, D.C. — After a strong August performance, the rail freight market has strengthened further in the first two weeks of September for Kansas City Southern, the Journal of Commerce reported. Full story:...
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