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Rail Industry News

Amtrak service resumes east coast service

(The Associated Press circulated the following on August 6, 2010.) WASHINGTON, D.C. — Amtrak says several major services along the east coast will resume normally on Saturday. The railroad south of Quantico, Va., reopened Friday afternoon after a CSX coal train...

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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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FreightCar narrows loss to $1.3 million

(The following story by John D. Boyd appeared on The Journal of Commerce website on August 6, 2010.) WASHINGTON, D.C. — Railcar manufacturer FreightCar America narrowed its second-quarter loss to $1.3 million from $3.3 million a year earlier and said, while recent car...

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Vancouver port vows to unplug bottleneck

(The following story by David Ebner appeared on the Globe and Mail website on August 6, 2010.) VANCOUVER, B.C. — On the Burrard Inlet in Vancouver, tall cranes hoist containers off ships onto the docks of Canada’s busiest port. And there the containers sit. North...

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Work begins on Amtrak’s Downeaster extension

(The Associated Press circulated the following on August 5, 2010.) BRUNSWICK, Maine — The start of work on a $35 million extension of Amtrak's Downeaster passenger train from Portland to Brunswick was marked by the delivery of steel rails Monday. Gov. John Baldacci...

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Cracked wheel blamed for UP derailment in Oakland

(The following story appeared on the San Jose Mercury News website on August 5, 2010.) OAKLAND, Calif. — A crack in a wheel is what caused a freight train to derail at 34th Street in Oakland on Tuesday afternoon, a Union Pacific spokesman said Wednesday. The...

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North Charleston mayor has harsh words for NS

(The following story by Schuyler Kropf appeared on The Post and Courier website on August 5, 2010.) CHARLESTON, S.C. ‚ North Charleston Mayor Keith Summey said it's urgent the city move forward on its own railroad plan because the state and just about everyone else...

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Railroad shares up at the close of August 5 trading

(The Associated Press circulated the following on August 5, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $.28 or .5 percent, to $54.59. Canadian National rose $.34 or .5 percent, to $65.71. Canadian Pacific rose...

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CSX coal train derails in Va., disrupts Amtrak, VRE

(The Associated Press circulated the following on August 6, 2010.( WASHINGTON, D.C. — Amtrak service south of Washington is disrupted and Virginia Railway Express is canceling Fredericksburg line trains after a coal train derailed. Amtrak says service will continue to...

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