Rail Industry News
Buffett’s Burlington, Railroads May Need More Rate Oversight, Senator Says
(The following story by Angela Greiling Keane appeared on the Bloomberg website on September 16, 2010.) U.S. railroads such as Berkshire Hathaway Inc.’s Burlington Northern Santa Fe may need closer rate regulation, given their profitability, the chairman of the Senate...
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...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, September 13 — 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....
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...
Union Pacific switchman sues over back injuries
(The following story by Michelle Massey appeared on The Louisiana Record website on September 15, 2010.) Louisiana - A Union Pacific switchman has filed suit against his employer after allegedly injuring his back attempting to align a switch. Bringing his claims under...
Union Pacific and the importance of being nimble, rails and recovery (and indicators of same), and new Progressive Railroading sales rep Jimmy Morgan
Greater expectations at (and for) Union Pacific (The following story by Pat Foran appeared on the Progressive Railroading website on September 15, 2010.) I’ve heard it since I started covering this industry in 1996: Given their sheer size and variety of cultural...
Rabobank Sells First Senior Bank Bond Maturing in 100 Years
(The following story by Pierre Paulden, Mitchell Martin appeared on the Bloomberg BusinessWeek website on September 15, 2010.) Rabobank Nederland NV, the world’s largest agricultural lender, sold $350 million of 100-year senior bonds in the first offering of such...
Opponents say tiny emergency signs add to CN’s already rocky road
(The following story by Robert Channick appeared on the Chicago Tribune website on September 15, 2010.) When Canadian National Railway posted emergency contact information at more than 100 grade crossings this summer, it was a seemingly small requirement in its $300...
NJ Transit suspends work on Access to the Region’s Core project
(The following story appeared on the Progressive Railroading website on September 15, 2010.) New Jersey - Last weekend, New Jersey Transit announced that new work on its Access to the Region’s Core (ARC) tunnel project would be suspended for 30 days, according to a...
MTA cuts LIRR service – longer waits
(The following story by Pete Davis appeared on The Queens Courier website on September 15, 2010.) NEW YORK, NY - Hyunji Kim, 23, was standing on the platform at the Bayside Long Island Rail Road (LIRR) station for more than 45 minutes on Monday, September 14 waiting...
Jury hears opening statements in truck-train wrongful death case
(The following story by Amelia Flood appeared on the PR Madison Record website on September 15, 2010.) MADISON, Missouri - A combined wrongful death suit and personal injury suit against Union Pacific Railroad began in earnest Tuesday as jurors heard opening...
CSXT, Florida utility co-op settle rate case
(The following story appeared on the Progressive Railroading website on September 15, 2010.) Florida - CSX Transportation announced yesterday that it has settled a rate case with Seminole Electric Cooperative Inc., which filed a motion with the Surface Transportation...
CSX and Environmental Defense Fund Collaborate to Reduce Emissions, Save Energy
(The following story appeared on the PR Newswire website on September 15, 2010.) JACKSONVILLE, Fla. - CSX today announced new energy efficiency initiatives as part of its participation in the Environmental Defense Fund (EDF) Climate Corps, an innovative program in...
Big rig crashes into Amtrak on US 95
(The following story appeared on the My News 4 website on September 15, 2010.) Nevada - One lane of US 95 in Churchill County was closed for several hours following the collision of a semi truck and an Amtrak passenger train. A Nevada Highway Patrol press release...
Beach council OKs purchase of potential light-rail property
(The following story by Aaron Applegate appeared on The Virginian-Pilot website on September 15, 2010.) VIRGINIA BEACH, Virginia - It’s a done deal. The city will soon own the old rail line long coveted by some leaders as the ideal spot for a future light-rail...
Appeals court orders retrial in 2003 train crash that killed 4 teens
(The following story by Scott Goldberg appeared on the KARE 11 website on September 15, 2010.) RAMSEY, Minn. - For seven years, the Shannon family has wanted to stop and just remember Bridgette, who died when she and three friends were in a car that collided violently...
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...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, September 13 — 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....
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...
Vehicle throws man onto train tracks
(The following story by Katherine Shaver appeared on The Washington Post website on September 14, 2010.) Kensington, Wash. D.C. — Train tracks in the Kensington area have reopened following a 25-minute shutdown to allow Montgomery County firefighters to remove a man...
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