Rail Industry News
Canadian border service won’t budge on Seattle-Vancouver train fee
(The following story by Adam McDowell appeared on the National Post website on September 22, 2010.) OTTAWA — Train travellers have been fretting in recent days that a second daily train from Portland, Ore., to Vancouver could go off the rails thanks to the Canadian...
Union Pacific to announce third quarter earnings on October 21
(Union Pacific issued the following on September 23, 2010.) OMAHA, Neb. — In conjunction with Union Pacific Corporation's (NYSE: UNP) Third Quarter 2010 Earnings Release, you are invited to listen to its presentation that will be broadcast live over the Internet or...
Railroad shares down at the close of September 23 trading
(The Associated Press circulated the following on September 23, 2010.) NEW YORK — Shares of some top railroads companies were down at the close of trading: CSX fell $1.01 or 1.8 percent, to $54.39. Canadian National fell $1.29 or 2.0 percent, to $62.93. Canadian...
DOT: Demand for TIGER II funding overwhelms supply
(The U.S. Department of Transportation issued the following on September 24, 2010.) WASHINGTON, D.C. — Nearly 1,000 construction grant applications for more than $19 billion from all 50 states, U.S. territories and the District of Columbia far exceeded the $600...
DOT pays $6 billion in stimulus funds over summer
(The following story by John D. Boyd appeared on The Journal of Commerce website on September 23, 2010.) WASHINGTON, D.C. — The Department of Transportation’s push to complete infrastructure stimulus projects led it to pay out $6 billion over the summer to reimburse...
Philadelphia rail expert named to head Amtrak’s high-speed unit
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on September 23, 2010.) PHILADELPHIA — As Amtrak seeks to create and expand high-speed passenger train operations in the United States, the company on Thursday named Philadelphia rail...
Railroads urge congress to reject heavier truck effort
(The following story by John D. Boyd appeared on The Journal of Commerce website on September 23, 2010.) WASHINGTON, D.C. — The railroad industry is urging Congress to block an Obama administration move to permanently allow Maine and Vermont to let trucks weighing...
AAR: Strong weekly intermodal traffic in post-holiday week
(The Association of American Railroads issued the following on September 23, 2010.) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported solid gains in weekly rail traffic, with U.S. railroads posting the highest intermodal volume for 2010 and...
Teamsters applaud Senate for upholding NMB voting reforms
(The International Brotherhood of Teamsters issued the following on September 23, 2010.) WASHINGTON, D.C. — Teamsters General President Jim Hoffa today praised the Senate for upholding the National Mediation Board’s reform of union elections at airlines and railroads....
Railroad Retirement Board 2010 informational conferences
CLEVELAND, September 22 — The U.S. Railroad Retirement Board will hold free informational conferences throughout 2010 for elected officers of all railroad labor unions. The following is a list of informational conferences that have been scheduled thus far for 2010....
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...
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...
Bank repo buyers discover house built of railroad ties
(The following report by George Warren appeared at www.News10.net on September 21, 2010. For pictures and video, visit: http://www.news10.net/news/local/story.aspx?storyid=96783&catid=29.) PARADISE, Calif. — They don't build houses like they used to-- and sometimes...
Deutsche Bahn plans high-speed trains to London by 2013
(Bloomberg News circulated the following story by Laurence Frost on September 22, 2010.) BERLIN, Germany — Deutsche Bahn AG signed a cooperation agreement with the owner of the high-speed train track connecting London with the Channel Tunnel, paving the way for direct...
Tie production climbed to 11-month high in August
(The following appeared on the Progressive Railroading website on September 21, 2010.) After following an erratic pattern in May, June and July, crosstie purchases climbed to 2 million units in August vs. 1.7 million units in July and 1.9 million units in August 2009,...
Derailed CP train spills canola oil in Mahnomen, cleanup continues
(The following story by Archie Ingersoll appeared on the Grand Forks Herald website on September 22, 2010.) GRAND FORKS, N.D. — In the wake of a 13-car train derailment Monday evening in Mahnomen, Minn., crews today were cleaning up a large spill of canola oil,...
Union Pacific trains to speed up in eastern Neb.
(The Associated Press circulated the following on September 22, 2010.) OMAHA, Neb. — Union Pacific freight trains will soon begin moving faster through the eastern Nebraska cities of Grand Island and Columbus. The Omaha-based railroad says recent track improvements in...
Worcester puts CSX zoning petitions on hold
(The following story by Nick Kotsopoulos appeared on the Telegram & Gazette website on Weptember 22, 2010.) WORCESTER, Mass. — Action on proposed zoning changes, a road closing and modifications to street layouts needed for CSX Corp.’s plan to expand its freight yard...
CP Rail issues debt for benefit prepayment
(The following story by Jonathan Ratner appeared on the Financial Post website on September 21, 2010.) OTTAWA — Low interest rates may have pushed Canadian Pacific Railway Ltd. to issue US$350-million in debt. The company said it will use the proceeds from the...
Tests under way on 1989 chemical spill at UP yard in Cheyenne
(The Associated Press circulated the following on September 21, 2010.) CHEYENNE, Wyo. — Tests are under way in a Cheyenne area for lingering effects of a 1989 spill at the Union Pacific railroad yards. The Wyoming Tribune Eagle Department reports that the state...
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