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Rail Industry News

Now 40, Amtrak is finally growing up

(The following appeared on the Philadelphia Inquirer website on May 5, 2011.) PHILADELPHIA, Pa. — Amtrak turned 40 this week, and the national railroad is finally growing up. With ridership back to a record-setting pace and a rail-friendly president (and vice...

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CSX plans $2 billion buyback, stock split

(The following appeared on The Journal of Commerce website on May 5, 2011.) WASHINGTON, D.C. — CSX Corp., the parent company of CSX Transportation, announced it will split its stock, raise the dividend and buy back $2 billion in common shares. That $2 billion share...

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Amtrak celebrates 40 years of serving America

(Amtrak issued the following on May 2, 2011.) WASHINGTON, D.C. — Forty years ago, on May 1, 1971, Amtrak operated its first intercity passenger train and began its continuing journey of meeting America's national needs with initiative, pride and success. The 40th...

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Norfolk Southern awards 10 college scholarships

(Norfolk Southern issued the following on April 29, 2011.) NORFOLK, Va. — Ten sons and daughters of employees are receiving college scholarships from Norfolk Southern Corporation under the company's annual scholarship program. Two are recipients of the National Merit...

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Amtrak celebrating its 40th birthday this week

(The Associated Press circulated the following on May 3, 2011.) WASHINGTON, D.C. — Amtrak is celebrating its 40th birthday with a year-long week. Gladys Knight kicks off the festivities Thursday with a concert at New York City's Beacon Theatre. She'll also perform...

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Begeman sworn in as third STB member

(The following appeared on The Journal of Commerce website on May 2, 2011.) WASHINGTON, D.C. — Ann D. Begeman took her post as a member of the Surface Transportation Board, in time to be ready for a crucial hearing on whether the rail regulatory agency should begin to...

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