Rail Industry News
Railroad shares up at the close of August 9 trading
(The Associated Press circulated the following on August 9, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $.47 or .9 percent, to $53.87. Canadian National rose $.05 or .1 percent, to $64.25. Canadian Pacific rose...
10 corridors targeted for high-speed rail
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on August 9, 2010.) PHILADELPHIA, Pa. — The federal government, since 1991, has designated 10 corridors for high-speed rail development, including the Philadelphia-to-Pittsburgh...
Foreign firms see profits in U.S. high-speed rail
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on August 10, 2010.) LA ROCHELLE, France —The train factory here on the Bay of Biscay was created in 1918 by the masters of the industry - the Americans - to build troop transports...
Cost the highest hurdle for high-speed rail in U.S.
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on August 9, 2010.) PHILADELPHIA, Pa. — As the United States takes its first tentative steps toward high-speed rail travel, the initial hurdle is the biggest: money. In the past, the...
BNSF net jumps 49 percent to $603 million
(The following story by John D. Boyd appeared on The Journal of Commerce website on August 9, 2010.) WASHINGTON, D.C. — BNSF Railway posted a $603 million net income for the second quarter, up 49.3 percent from a year earlier as revenue rose 23.5 percent to $4.094...
Nebraska Supreme Court reinstates West Nile lawsuit against UP
(The following story by Joe Ruff appeared on the Omaha World-Herald website on August 6, 2010.) OMAHA, Neb. — The Nebraska Supreme Court ruled Friday that a Wyoming woman should have her day in court as she accuses Omaha-based Union Pacific Railroad of not doing...
Trouble under Howard Street
(The following appeared on the Baltmore Sun website on August 8, 2010.) Unlike in 2001, Baltimore got lucky this time when train cars carrying hazardous materials derailed BALTIMORE — This time we got lucky. This time, when train cars carrying hazardous materials went...
Short-line tax credit extension still stuck in Senate, ASLRRA says
(The following appeared on the Progressive Railroading website on August 6, 2010.) A vehicle for extending the short-line tax credit still had not been secured in the Senate before the August recess, according to an item in the American Short Line and Regional...
Credit for military service under the Railroad Retirement Act
(The U.S. Railroad Retirement Board issued the following on July 23, 2010.) CHICAGO — Many railroad employees have at some time served in the Armed Forces of the United States. Under certain conditions, their military service may be credited as rail service under the...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, August 9 — 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...
Region’s railroads have job openings
Representatives for both Norfolk Southern and for a CSX union say increased traffic has spurred hiring. (The following story by Duncan Adams appeared on the Roanoke Times website on August 7, 2010.) Roanoke — Norfolk Southern Corp. might want you. If you qualify. The...
New mediator joins National Mediation Board
(The National Mediation Board issued the following on August 6, 2010.) WASHINGTON, D.C. — The National Mediation Board (NMB) is pleased to announce the selection of Michael Kelliher to fill a mediator position within the agency. In this capacity, he will mediate...
FRA announces high-speed rail grants for Colorado, Vermont
(The Federal Railroad Administration issued the following on August 6, 2010.) WASHINGTON, D.C. — Colorado has received $400,000 and Vermont $500,000 under the Federal Railroad Administration’s (FRA) High-Speed Intercity Passenger Rail (HSIPR) Program grant program...
Fla. seeks $1.1 billion more for high speed rail
(The following story appeared on The Miami Herald website on August 6, 2010.) TALLAHASSEE, Fla. — Florida is seeking $1.1 billion from the federal government to complete a high speed rail line between Tampa and Orlando. President Barack Obama in January announced...
Europe’s high-speed rail revolution may spread to U.S.
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on August 8, 2010.) First of four parts. MADRID, Spain — At precisely 10:30 a.m., with quiet jazz wafting from its speakers, AVE Train 3103 glides out of Atocha Station in central...
DOT’s LaHood stands by Ohio rail project
(The Associated Press circulated the following story by Matt Leingang on August 6, 2010.) COLUMBUS, Ohio — U.S. Transportation Secretary Ray LaHood downplayed threats yesterday by Ohio Republicans to stop a high-profile passenger rail project if they take over state...
DOT announces up to $25 million for high-speed rail research
(The U.S. Department of Transportation issued the following on August 6, 2010.) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today announced the Federal Railroad Administration (FRA) is soliciting research proposals to foster rapid development of...
CSX seeks property
(The following story by Nick Kotsopoulos appeared on the News Telegram website on August 7, 2010.) Company considering eminent domain WORCESTER — CSX Transportation Inc. is considering eminent domain proceedings against the owners of at least six properties it needs...
Connecticut to purchase 80 more cars for Metro-North line
(The following appeared on the Progressive Railroading website on August 6, 2010.) Earlier this week, Connecticut Gov. Jodi Rell announced plans to provide $226.3 million to purchase an additional 80 commuter-rail cars for MTA Metro-North Railroad’s New Haven Line....
BLET News
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
