Rail Industry News
South Shore RR names Andrew Fox president
(The Chicago South Shore & South Bend Railroad issued the following on August 2, 2010.) CHICAGO The Chicago South Shore & South Bend Railroad said today that Henry Lampe, president and CEO, will retire at the end of October 2010. Succeeding him will be Andrew Fox,...
County still struggling to meet California’s terms for rail purchase
(The following story by Kurtis Alexander appeared on the Santa Cruz Sentinel website on August 2, 2010.) SANTA CRUZ, Calif. — County transportation leaders this week must commit to running excursion trains on the North Coast as well as freight trains countywide if...
Railroad tunnel connecting N.J., N.Y. will increase property values, study says
(The following story by Steve Strunsky appeared on The Star-Ledger website on July 30, 2010.) NEWARK, N.J. — The planned trans-Hudson commuter rail tunnel will boost home values by thousands of dollars and help hold down property tax rates in areas where commuting...
Caterpillar unit completes acquisition of locomotive maker EMD
(The Associated Press circulated the following on August 2, 2010.) ALBERTVILLE, Ala. — Caterpillar Inc. said Monday its rail-services unit completed the acquisition of locomotive maker Electro-Motive Diesel for $820 million plus a post-closing adjustment estimated at...
More passengers riding Vermont Amtrak routes
(The following story by Matt Sutkoski appeared on the Burlington Free Press website on August 3, 2010.) BURLINGTON, Vt. — Amtrak ridership in Vermont is growing at a pace that outstrips the national average, according to newly released figures, with the Vermonter...
Amtrak Downeaster expanding northward
(The Associated Press circulated the following on August 1, 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...
Genesee & Wyoming 2Q net more than doubles
(Dow Jones Newswires circulated the following on August 3, 2010.) GREENWICH, Conn. — Genesee & Wyoming Inc.'s (GWR) second-quarter profit more than doubled following prior-year charges, as higher shipments gave revenue a lift. Results beat Wall Street's expectations...
House bill calls for national freight policy
(The following story by William B. Cassidy appeared on The Journal of Commerce website on August 2, 2010.) WASHINGTON, D.C. — A bill introduced in the House last week matches Senate legislation calling for a national freight transportation policy at the Department of...
Amtrak extends Boardman’s CEO contract through 2013
(The following appeared on the Progressive Railroading website on August 2, 2010.) Late last week, Amtrak’s board voted to extend the contract of President and Chief Executive Officer Joseph Boardman through 2013. Boardman was first appointed interim president and CEO...
House approves FY2011 transportation appropriations
(The following appeared on the Progressive Railroading website on August 2, 2010.) Late last week, the House passed the FY 2011 Transportation, Housing and Urban Development Appropriations bill by a 251-167 vote. The bill aims to create jobs and bolster the economic...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, August 2 — 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....
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...
Proposed rules would mandate electronic payments for RRB beneficiaries still receiving paper checks
(The U.S. Railroad Retirement Board issued the following on July 12, 2010.) CHICAGO — Paper checks may be a thing of the past for U.S. Railroad Retirement Board (RRB) beneficiaries who still receive them, under a recent initiative announced by the Department of the...
BNSF proposes wind energy hub in Pasco
(The following story by Pratik Joshi appeared on the Tri-City Herald website on August 1, 2010.) PASCO, Wash. — BNSF Railway Co. wants to create a wind energy hub in the Big Pasco Industrial Center. The railroad company, which operates one of North America's largest...
CN announces plan to buy back shares through private agreements
(CN issued the following on July 30, 2010.) MONTREAL — CN announced today that it intends to purchase for cancellation up to two million of its common shares pursuant to private agreements between CN and an arm’s-length third-party seller. The purchases will form part...
Opinion: Setting the record straight on North Charleston’s rail plan
(The following column by R. Keith Summey appeared on the Charleston Post Courier website on August 1, 2010. He is the Mayor of North Charleston, S.C..) CHARLESTON, S.C. — Recently I met with a packed auditorium of North Charleston residents to discuss a proposed rail...
Taxpayer-funded railroad in Va. has yet to see train
(The following story by Robert McCabe appeared on The Virginian-Pilot website on August 2, 2010.) PORTSMOUTH, Va. — Mary Terwilliger's 5-year-old son, Jacob, spent nearly three years watching as workers laid a rail line in the medians of Va. 164 and Interstate 664....
Malfunction on train sends metal into NY home
(The Associated Press circulated the following on July 31, 2010.) MAMARONECK, N.Y. — Investigators say pieces of metal that smashed through the window of a Westchester County home earlier this week have been linked to a passing Amtrak train. Police say a train passing...
Northern Quebec conductors ratify new agreement
(CN issued the following on July 29, 2010.) MONTREAL — CN conductors represented by the Teamsters Canada Rail Conference (TCRC) on the Company's Northern Quebec Internal Short Line have ratified a new five-year collective agreement. Retroactive to Dec. 15, 2007, the...
N.C. officials urged to use $2 million rail corridor earmark soon
(The following story by Ray Gronberg appeared on the Herald-Sun website on August 1, 2010.) DURHAM, N.C. — Aides to U.S. Rep. David Price, D-N.C., have warned Durham officials that they need to find a way soon to use a $2 million budget earmark intended to help...
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