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Rail Industry News

Railroad shares down at the close of August 16 trading

(The Associated Press circulated the following on August 16, 2010.) NEW YORK — Shares of some top railroads companies were down at the close of trading: CSX fell $.11 or .2 percent, to $50.28. Canadian National fell $.43 or .7 percent, to $60.16. Canadian Pacific fell...

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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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Opinion: Take a slow train; you’ll like it

(The following column by Robert Reid appeared on The Oklahoman website on August 15, 2010.) OKLAHOMA CITY, Okla. — I've just returned from Churchill, Manitoba, the polar bear capital of the world. I got to the sub-arctic town on Hudson Bay by the slowest means...

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Tenn. railroad museum prepares for excursion program

(The following story by Brittany Cofer appeared on the Chattanooga Free Times website on August 15, 2010.) CHATTANOOGA, Tenn. — If all goes according to plan, railroad excursions on a 106-year-old coal-powered steam locomotive could begin later this year as part of an...

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Ga. trestle from R.E.M. album may become trail

(The Associated Press circulated the following on August 13, 2010.) ATHENS, Ga. — An aging Georgia railroad trestle known for gracing a 1980s R.E.M. album may be preserved as part of a trail network if voters approve a county sales tax plan. Officials in Athens, Ga.,...

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Binghamton rail ordinance unenforceable

(The following story by Julia Hunter appeared on the Press & Sun-Bulletin website on August 14, 2010.) BINGHAMTON, N.Y. — When Norfolk Southern Railroad failed to alert local officials after a June 2 derailment, they didn't just upset emergency workers -- they...

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Feasibility of Rockwood Amtrak stop studied

(The following story by Russ O'Reilly appeared on The Tribune-Democrat website on August 15, 2010.) JOHNSTOWN, Pa. — The Somerset County “Rails to Trails” association established a bike path on abandoned railroad tracks in Rockwood in 2006. But the meaning of the...

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New Metra commuter cars on way

(The following story by Richard Wronski appeared on the Chicago Tribune website on August 13, 2010.) CHICAGO — Relief is finally on the way for long-suffering riders on Metra's Electric District Line serving the South Side and south suburbs. Metra's board on Friday...

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Illinois congressman in awe of BNSF rail yard

(The following appeared on The Register-Mail website on August 14, 2010.) GALESBURG, Ill. — Congressman Aaron Schock got to see firsthand the BNSF classification yard Friday in a visit with state Rep. Don Moffitt, R-Gilson, Galesburg Terminal Superintendent Rick...

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Editorial: All aboard high speed rail

(The following editorial appeared on the PHiladelphia Inquirer website on August 15, 2010.) PHILADELPHIA — Conventional wisdom may say otherwise, but the recession is a good time to start spending the billions of dollars it will take to make high-speed rail travel a...

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