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Rail Industry News

Graniteville remembers 2005 tragedy

Early on the morning of January 6, 2005, a 42-car Norfolk Southern train crashed into two locomotives and two rail cars in Graniteville, S.C. The freight train was carrying more than 250 tons of toxic chlorine gas, which was released in the crash. Nine people died as...

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Acting for impaired Railroad Retirement beneficiaries

(The U.S. Railroad Retirement Board issued the following on September 3, 2010.) CHICAGO — The Railroad Retirement Board’s policy is that every annuitant has the right to manage his or her own benefits. However, when physical or mental impairments make a railroad...

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Darr joins NMB as mediator

(The following appeared on the Progressive Railroading website on October 11, 2010.) The National Mediation Board (NMB) recently appointed Walter Darr Jr. to a mediator post. He will handle railroad and airline collective bargaining and grievance mediation cases. Darr...

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KCSM opens Mexican transload terminal near Toluca

(The following appeared on the Progressive Railroading website on October 11, 2010.) Kansas City Southern de México S.A. de C.V. (KCSM) and Bulkmatic de México S. de R.L de C.V. recently opened a new TransLoad Center (TLC) at the Maclovio Herrera rail facility in...

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CSX chugs along, but its stock needs a push

(The following report by Kelly Evans appeared on the Wall Street Journal website on October 12, 2010.) NEW YORK — Warren Buffett called his railroad purchase last year an "all-in wager on the economic future of the United States." He probably should have included...

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Opinion: The end of the tunnel

(The following column by Paul Krugman appeared on the New York Times website on October 8, 2010.) NEW YORK — The Erie Canal. Hoover Dam. The Interstate Highway System. Visionary public projects are part of the American tradition, and have been a major driver of our...

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Amtrak CEO Boardman to visit Hope, Ark.

(The following story by Stephanie Harris-Smith appeared on the Hope Star website on October 11, 2010.) HOPE, Ark. — Seventeen years and still getting there. Hope City Officials have pursued flagging down the Amtrak Texas Eagle as it passes through for many years and...

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Railroad shares up at the close of October 11 trading

(The Associated Press circulated the following on October 11, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $.68 or 1.2 percent, to $58.17. Canadian National rose $.12 or .2 percent, to $66.00. Canadian Pacific rose...

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Amtrak sets ridership, revenue records in U.S.

(The following appeared on the Washington Post website on October 11, 2010.) WASHINGTON, D.C. — A rebound in business travel, along with high gasoline prices, helped Amtrak report record ridership for fiscal 2010, just completed. The passenger railroad carried 28.7...

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Acting for impaired Railroad Retirement beneficiaries

(The U.S. Railroad Retirement Board issued the following on September 3, 2010.) CHICAGO — The Railroad Retirement Board’s policy is that every annuitant has the right to manage his or her own benefits. However, when physical or mental impairments make a railroad...

read more

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