Rail Industry News
SEPTA budget is heavy on new vehicles and maintaining old ones
(The following appeared on the Philadelphia Inquirer website on March 26, 2011.) PHILADELPHIA — Buying new vehicles, maintaining old ones, and paying for ones now being built will take up much of the $311.5 million that SEPTA plans to spend in the next fiscal year on...
Milwaukee airport director talks trains
(The following appeared on The Times website on March 25, 2011.) MUNCIE, Ind. — The director of General Mitchell International Airport in Milwaukee spoke about the rail station at his facility during Friday's lunch meeting for the Indiana High Speed Rail Association...
Ground-level tracks now considered for Calif. high-speed rail
(The following appeared on the Fresno Bee website on March 26, 2011.) FRESNO, Calif. — For the better part of a year, plans for a high-speed rail line through Fresno have included miles of elevated tracks soaring 60 feet above the central city streetscape. Now, in a...
CP invests in North Dakota, expanding capabilities and resources
(Canadian Pacific issued the following on March 25, 2011.) BISMARCK, N.D. — Canadian Pacific announced the investment of $100 million in North Dakota between 2010 to 2012. The investment plan will expand network capacity and enhance rail service in order to meet...
BNSF among leaders in Class 1 recent hiring
(The following appeared on the Register-Mail website on March 27, 2011.) GALESBURG, Ill. — BNSF Railway is one of three of the nation’s seven Class I freight carriers that led the way with an increase of 1,198 jobs from mid-January to mid-February. A local economic...
Union Pacific CEO paid nearly $12 million in 2010
(The Associated Press circulated the following on March 25, 2011.) OMAHA, Neb. — Union Pacific railroad increased the bonus it paid CEO Jim Young to $3.7 million for 2010 because he managed the railroad well as the economy began to improve, but Young's total...
Opinion: American thought police
(The following column by Paul Krugman appeared on the New York Times website on March 27, 2011.) NEW YORK — Recently William Cronon, a historian who teaches at the University of Wisconsin, decided to weigh in on his state’s political turmoil. He started a blog,...
Thousands march in downtown L.A. to support union workers
(The following appeared on the Los Angeles Daily News website on March 26, 2011.) LOS ANGELES — Thousands marched through downtown Saturday and rallied in a show of support for union workers in Wisconsin and to rail against corporations, Republicans and the loss of...
Hoffa joins thousands in L.A. to march for workers’ rights
(The International Brotherhood of Teamsters issued the following on March 26, 2011.) LOS ANGELES — Teamsters General President James P. Hoffa joined tens of thousands of workers in a massive march and rally in downtown Los Angeles today to lend his voice and support...
2011 Operation Lifesaver regional rail safety workshops announced
(Operation Lifesaver issued the following on March 22, 2011.) WASHINGTON, D.C. — Operation Lifesaver, Inc., the national, nonprofit rail safety education organization, announced that regional workshops will be held this year in Kentucky, Maine and Wisconsin for...
Louisiana ranks 4th in U.S. for rail crossing deaths
(The following appeared on the Shreveport Times website on March 25, 2011.) SHREVEPORT, La. — Thirteen people, including a Shreveport woman, were killed and another 65 were injured last year at Louisiana's rail crossings. All told, there were 106 train-vehicle...
NJ governor budgets $1.2 billion for NJ Transit
(The following appeared on the New Jersey News Room website on March 24, 2011.) NEWARK, N.J. — Gov. Chris Christie Thursday proposed spending $3.5 billion in highway and mass transit improvements in fiscal year 2011-12, an allocation that would represent the first...
Wabtec signs $27 million Metrolink contract for Positive Train Control equipment
(Wabtec issued the following press release on March 24, 2011.) NEW YORK — Wabtec Corporation has signed a $27 million contract with Parsons to provide equipment and services for the implementation of Positive Train Control (PTC) at Metrolink, a commuter rail agency...
AAR: Steady growth in weekly carload and intermodal traffic
(The Association of American Railroads issued the following on March 24, 2011.) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported rail traffic gains for the week ending March 19, 2011, with U.S. railroads originating 293,772 carloads, up...
Railroad first quarter volume up at least 5 percent, more expected
(Reuters circulated the following on March 24, 2011.) NEW YORK — Railroad carload disruptive winter storms, and should keep growing with the economy this year, several railroad executives said at a conference on Thursday. "We feel good about 2011," Wick Moorman, chief...
CSX CEO paid $7.7 million in 2010
(The Associated Press circulated the following on March 24, 2011.) NEW YORK — The CEO of railroad CSX Corp. received total compensation valued at $7.7 million in 2010, a 9 percent raise from 2009, according to an Associated Press analysis of a company regulatory...
NS CEO paid $8.3 million in 2010
(The Associated Press circulated the following on March 24, 2011.) NEW YORK — Norfolk Southern's CEO saw his total compensation fall 9 percent last year despite strong growth in the company's earnings and stock price, according to an Associated Press analysis of a...
Final reconciliation still elusive for Ohio Senate Bill 5
(The following appeared on the Columbus Dispatch website on March 24, 2011.) COLUMBUS, Ohio — A bill that would weaken collective bargaining for public workers is not coming in for a smooth landing. Talks among House Republicans, and discussions between the House and...
Hoffa: We’re going to L.A. to stop the war on workers
(The following by Teamsters General President James P. Hoffa appeared on the Huffington Post website on March 24, 2011.) WASHINGTON, D.C. — Fasten your seatbelts — because Wisconsin was just the beginning! We are ramping up our fight in the war on American workers and...
NS has optimistic outlook following ‘strong’ 2010
(Norfolk Southern issued the following press release on March 23, 2011.) NORFOLK, Va. — Looking ahead with optimism after last year's second-highest earnings ever, Norfolk Southern Corporation CEO Wick Moorman (NYSE: NSC) says in the 2010 Annual Report that the...
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