Rail Industry News
Holocaust records likely required for French rail company’s MARC bids
(The following appeared on the Washington Post website on May 18, 2011.) WASHINGTON, D.C. — A company part-owned by the French railroad will have to detail the railway’s role in transporting Holocaust victims to Nazi death camps before it can compete again to operate...
CSX sees earnings per share growth up to 20 percent per year
(Associated Press circulated the following on May 18, 2011.) JACKSONVILLE, Fla. — CSX Corp., the nation's third-largest railroad operator, said Wednesday that it expects earnings per share to rise as much as 20 percent each year through 2015 from 2010 levels. The...
CSX investing $160 million to improve freight flow
(The following appeared on the Richmond Times-Dispatch website on May 18, 2011.) JACKSONVILLE, Fla. — CSX Corp., the second-largest publicly traded U.S. railroad, said it will invest $160 million to improve its ability to move freight from the Port of Virginia at...
MBTA meetings will review single-person train operation plans
(The following appeared on the Progressive Railroading website on May 18, 2011.) Later this month, the Massachusetts Bay Transportation Authority (MBTA) will begin a series of public meetings to discuss the expansion of single-person train operation (SPTO) to the Red...
Proposal to remove Amtrak from direct congressional funding gets hearing
(The following appeared at www.thehill.com on May 18, 2011.) WASHINGTON, D.C. — Obama administration officials on Tuesday defended the president's proposal to place Amtrak under an executive agency budget instead of being reliant on direct appropriations from...
LaHood tells tourism summit high-speed rail will roll in U.S.
(The following appeared at www.thehill.com on May 18, 2011.) WASHINGTON, D.C. — Transportation Secretary Ray LaHood told attendees at a global tourism summit being hosted in Las Vegas that the Obama administration's high-speed rail initiative was still on track...
Maryland town seeks review of proposed CSX facility
(The following story appeared on the Baltimore Sun website on May 17, 2011.) BALTIMORE, Md. — As Elkridge residents try to block a large CSX rail cargo transfer facility from their neighborhood, Howard County Council members are moving to get their own local...
CN increases Brampton Intermodal Terminal capacity
(CN issued the following press release on May 17, 2011.) TORONTO — CN announced today a series of capacity improvements to accommodate growing container volumes at its Brampton Intermodal Terminal (BIT) and to ensure a high level of service for intermodal customers...
Editorial: For rail deal to work, MBTA needs leverage over contractor
(The following editorial appeared on the Boston Globe website on May 18, 2011.) BOSTON — The MBTA’s commuter rail system might well run better under private stewardship than it would if the public transit agency controlled it directly. But for the arrangement to work,...
Federal money to improve Seattle to Portland Amtrak route
(The following appeared on the Seattle Times website on May 17, 2011.) TACOMA, Wash. — When the Obama administration handed out billions in stimulus money for faster trains, new Republican governors Scott Walker of Wisconsin, John Kasich of Ohio and Rick Scott of...
Illinois bill would benefit freight system planning, backers says
(The following appeared on the Progressive Railroading website on May 17, 2011.) Illinois’ General Assembly has approved legislation that would require the state to assess the freight transportation system and craft a plan to improve the flow of freight by rail,...
Amtrak’s financial losses are projected to widen this year despite rising ridership
(The following appeared on the Wall Street Journal website on May 17, 2011.) WASHINGTON, D.C. — Amtrak's financial losses are projected to widen this year despite rising ridership, top executive Joseph Boardman said during a hearing Tuesday on Capitol Hill. Full...
S&P lowers Canadian Pacific ratings
(Dow Jones circulated the following on May 17, 2011.) TORONTO — Credit-ratings agency Standard & Poor's Corp. Railway Ltd.'s debt ratings on weaker operating metrics compared to its peers. The ratings had been on negative outlook since late 2007, S&P said in a...
Vermont Senator seeks restoration of Vermont/ Montreal train service
(The following appeared on the Burlington Free Press website on May 18, 2011.) BURLINGTON, Vt. — Sen. Patrick Leahy wants Customs and Border Protection officials to work with state representatives to help restore Amtrak service between Vermont and Montreal. The...
Opinion: Mend, don’t end, California’s high-speed train program
(The following column by Ryan Stern, board member of Californians For High Speed Rail, appeared on the Los Angeles Times website on May 17, 2011.) LOS ANGELES — The Times' criticism of the Central Valley starting point misses some key points. This segment doesn't just...
Fort Worth considers $3.3 million in tax breaks for GE locomotive plant
(The following appeared on the Fort Worth Star-Telegram website on May 17, 2011.) FORT WORTH, Texas — GE Transportation could receive up to $3.3 million in a 10-year tax abatement toward the development of a $96 million locomotive manufacturing plant in far north Fort...
Coal demand keeps engineers busy in Nebraska, BLET member say
(The following appeared on the Lincoln Journal Star website on May 17, 2011. Roy J. Helm is President of BLET Division 98 in Lincoln, Neb. Randy D. Meek is Chairman of the Nebraska State Legislative Board and also a member of Division 98.) LINCOLN, Neb. — It's not...
U.S. Class Is ramped up employment levels last month
(The following appeared on the Progressive Railroading website on May 17, 2011.) The U.S. Class I workforce continued to grow last month. As of mid-April, the large roads employed 156,777 people, a 0.6 percent increase compared with March’s level and 3.8 percent gain...
Amtrak chief: Trains more vulnerable to terrorist attack than planes
(The Associated Press circulated the following on May 17, 2011.) WASHINGTON, D.C. — Amtrak President Joseph Boardman says he wants to step up security patrols of the passenger rail network and explore new technologies able to provide advance warning of track tampering...
Union Pacific chugs into College World Series
(The following appeared on the Omaha World-Herald website on May 17, 2011.) OMAHA, Neb. — Two locomotives and 19 historic cars will carry on the railroad's long ties with baseball. Union Pacific will be rolling in a fleet of historic train cars and the popular steam...
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