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Rail Industry News

The paradox of corporate taxes in America

(The following appeared on the New York Times website on February 1, 2011.) NEW YORK — The Carnival Corporation wouldn’t have much of a business without help from various branches of the government. The United States Coast Guard keeps the seas safe for Carnival’s...

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Amtrak says ridership rose 4.6 percent in January

(The following was issued by the Associated Press on February 10, 2011.) WASHINGTON, D.C. — Amtrak said Thursday that a record 2.1 million passengers rode its trains in January, marking 15 consecutive months of increased traffic. CEO Joe Boardman predicted that rising...

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RRB customer service plan update

(The U.S. Railroad Retirement Board issued the following on January 12, 2011.) CHICAGO — The U.S. Railroad Retirement Board’s Customer Service Plan promotes the principles and objectives of customer-driven quality service agency-wide. The RRB’s plan lays out the...

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UP puts more stored rail cars into service

Two hundred twenty-five railcars stored in Wallowa County, Ore., have been recalled to service in the past month by Union Pacific Railroad, which is experiencing an upsurge in freight traffic. Another 150 have been ordered by UP for this week, which will leave 1,261...

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CSX to pay $8 million settlement for D.C. oil leak

WASHINGTON, D.C. — CSX has agreed to pay the District of Columbia $8 million in a settlement to clean up a petroleum leak that flowed into the Anacostia River. According to the Associated Press, CSX will pay $7.5 million to clean up both government and private...

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Rail exec sees Florida gaining from Panama Canal

The widening of the Panama Canal in 2014 could establish South Florida as a gateway for Asia cargo moving to the Southeast, said James Hertwig, president and CEO of Florida East Coast Railway. Hertwig, former president of CSX Intermodal, told the Los Angeles...

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