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Rail Industry News

Opinion: CSX stock a winner over past decade

(The following column by Mark Basch appeared on the Florida Times-Union website on September 27, 2010.) JACKSONVILLE, Fla. — Long-time CSX Corp. shareholders should feel pretty good about their investment these days. A Bloomberg News story last week touted...

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Railroad shares up at the close of September 24 trading

(The Associated Press circulated the following on September 24, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $1.75 or 3.2 percent, to $56.14. Canadian National rose $1.57 or 2.5 percent, to $64.50. Canadian Pacific...

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Teamsters spend nearly $405K on 2Q lobbying

(The Associated Press circulated the following on September 25, 2010.) WASHINGTON, D.C. — The International Brotherhood of Teamsters boosted its federal lobbying spending to $405,100 in the second quarter on issues ranging from outsourcing of aircraft-maintenance jobs...

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Burlington Northern spends $1.59M on 2Q lobbying

(The Associated Press circulated the following on September 25, 2010.) WASHINGTON, D.C. — Freight railroad operator Burlington Northern Santa Fe spent $1.59 million lobbying the federal government on tax credits for track maintenance and other issues in the second...

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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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RRB: Summary of annual financial report to Congress

(The U.S. Railroad Retirement Board issued the following on August 3, 2010.) CHICAGO — The Railroad Retirement Board (RRB) is required by law to submit annual reports to Congress on the financial condition of the railroad retirement system and the railroad...

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Leaf peeping and tweeting on Amtrak

(The following story by Eric Anderson appeared on the Albany Times Union website on September 24, 2010.) RENSSELAER, N.Y. — Amtrak's dome car, a two-story passenger car with the second deck basically a glass canopy that allows panoramic views of the surrounding...

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