Rail Industry News
Amtrak passenger found dead near tracks in Georgia
(The following story appeared on the CNN US website on September 10, 2010.) Georgia — Authorities are investigating the death of an Amtrak passenger whose body was found by railroad tracks in south Georgia hours after she was reported missing. An autopsy on Barbara...
Railroad shares down at the close of September 9 trading
(The Associated Press circulated the following on September 9, 2010.) NEW YORK — Shares of some top railroads companies were down at the close of trading: CSX fell $.68 or 1.2 percent, to $53.97. Canadian National fell $1.10 or 1.7 percent, to $63.14. Canadian Pacific...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, September 10 — 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...
Extending high-speed rail to DFW first priority for Texas
(The following story by Gordon Dickson appeared on the Fort Worth Star-Telegram website on September 9, 2010.) ARLINGTON, Texas — While extending high-speed rail to North Texas promises to be an expensive, complicated process, area leaders generally agree that the...
Stock analyst upgrades CN from ‘hold’ to ‘buy’
(The following story by David Berman appeared on the Globe and Mail website on September 10, 2010.) TORONTO — Cherilyn Radbourne, an analyst at TD Newcrest, has cut her recommendation on Canadian National Railway Co. (CNR-T65.24-1.48-2.22%) to “hold” from “buy.” Blame...
FTA finds Houston Metro violated ‘Buy America’ requirements
(The following appeared on the Progressive Railroading website on September 9, 2010.) The Metropolitan Transit Authority of Harris County, Texas (Metro) “violated both federal procurement law and the Buy America requirements” during the procurement and award of two...
American Honda to open rail-car loading facility at California port
(The following appeared on the Progressive Railroading website on September 9, 2010.) On Sept. 14, American Honda Motor Co. plans to mark its return to the Port of Richmond, Calif. The automaker has scheduled a grand opening event for the Honda Port-of-Entry project....
UP: August PRB train loadings climbed to 20-month high
(The following appeared on the Progressive Railroading website on September 9, 2010.) In August, Union Pacific Railroad loaded 1,054 coal trains in the Southern Powder River Basin (SPRB) — the highest monthly loadings since December 2008 and a slight increase vs. the...
S.C. lawmakers wrestle with rail access to new port
(The Associated Press circulated the following on September 9, 2010.) CHARLESTON, S.C. — South Carolina lawmakers began wrestling Thursday with providing rail access to a new $525 million port terminal as the state works to regain its competitive position among other...
Union Pacific CFO still expects peak fall shipping season
(Dow Jones Newswires circulated the following on September 10, 2010.) NEW YORK — Union Pacific Corp. (UNP) is standing by its view that intermodal volume is building toward a peak fall shipping season, although Chief Financial Officer Rob Knight acknowledged industry...
Union Pacific chief: Employee pride matters
(The following story by Joe Ruff appeared on the Omaha World-Herald website on September 9, 2010.) OMAHA, Neb. — Pride that workers have in their company — right down to wearing baseball caps with corporate logos — must be considered during mergers and acquisitions,...
Norfolk Southern announces opening of Heartland Corridor
(Norfolk Southern issued the following on September 9, 2010.) RADFORD, Va. — Norfolk Southern’s Heartland Corridor – one of the most extensive railroad engineering projects in modern times and a template for public-private partnerships that strengthen the nation’s...
Norfolk Southern opens new $191 million route to Midwest
(The Associated Press circulated the following on September 9, 2010.) COLUMBUS, Ohio — Norfolk Southern Corp. on Thursday ran its first train loaded with double-stacked cargo containers through some of the most rugged parts of the Appalachian Mountains, opening a $191...
Two years after Chatsworth crash, Metrolink tries to look forward
(The following story by Brian Watt appeared at www.scpr.org. To listen to the audio report, visit: http://www.scpr.org/news/2010/09/10/chatsworth-2yr.) LOS ANGELES — Sunday marks two years since a Metrolink commuter train collided with a Union Pacific freight train in...
AAR: Weekly rail carload volume sets new 2010 record
(The Association of American Railroads issued the following on September 9, 2010.) WASHINGTON , D.C. — The Association of American Railroads (AAR) today reported weekly rail carload volume set a new 2010 record for the second consecutive week. U.S. railroads...
Union Pacific says derailments, collision block 3 busy rail tracks through southern Nebraska
(The Associated Press circulated the following on September 9, 2010.) KEARNEY, Neb. — Union Pacific Corp. isn't sure when three busy tracks through southern Nebraska will be reopened after derailments and a collision. Spokesman Mark Davis said Thursday that the...
Update: Conductor’s arm amputated after UP derailment
(The following report by Sam Quinones appeared on the Los Angeles Times website on September 10, 2010.) LOS ANGELES — Investigators continued their probe Friday into what caused two trains to collide near Interstate 10 in Fontana, forcing doctors to amputate a...
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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