Rail Industry News
95% of trains are on time? Riders beg to differ
(The following story by Michael M. Grynbaum and Robert Gebeloff appeared on the New York Times website on July 27, 2010.) NEW YORK — By official accounts, 2009 was a banner year for the commuter railroads that serve New York City. Of all the trains that ran last year,...
Feds may fund study of rail route between El Paso and Las Cruces
(The following story by Steve Ramirez appeared on the Las Cruces Sun-News website on July 26, 2010.) LAS CRUCES, N.M. — It has to start with small steps by city leaders in Las Cruces and El Paso, but the goal is to someday provide commuter rail service between the...
Conn. governor calls for $260 million in bonds for rail
(The following story by Don Stacom appeared on the Hartford Courant website on July 26, 2010.) HARTFORD, Conn. — Gov. M. Jodi Rell is set to call today for one of the state's biggest bond issues in recent memory when she proposes selling $260 million in bonds to make...
Cashless customers hop rides on the LIRR
(The following story by Andrew Grossman appeared on the Wall Street Journal website on July 27, 2010.) WASHINGTON, D.C. — There are no ticket vending machines in Amagansett's tiny train station. And there are no credit cards accepted on Long Island Rail Road trains....
Fire crews fight fire inside Amtrak train in Calif.
(The following appeared on the Ventura County Star website on July 26, 2010.) CAMARILLO, Calif. — About 250 Amtrak passengers were ordered off a train Monday afternoon billowed from the locomotive, but no one was injured. A fire started in a small engine that provides...
Alstom strikes out on Amtrak contract
(The following story by Tom Tobin appeared on the Democrat and Chronicle website on July 27, 2010.) ALBANY, N.Y. — Amtrak's decision to award a railcar assembly contract to an Elmira company dealt a serious blow to Alstom Transportation Inc., a global firm with a huge...
New York-based company to build new rail cars for Amtrak
(The following story by G. Jeffrey Aaron appeared on the Ithaca Journal website on July 26, 2010.) ITHACA, N.Y. — Elmira Heights rail car maker CAF USA has landed a $298 million contract to build 130 single-level rail cars for Amtrak, as part of Amtrak's long-term...
BNSF Railway raises diesel price to $2.50 a gallon
(The Associated Press circulated the following on July 26, 2010.) FORT WORTH, Texas — The BNSF Railway Co. said Monday it's raising the diesel price at which it adds a surcharge to $2.50 per gallon for highway diesel fuel, up from $1.25 per gallon. BNSF said the...
Fines mount in Union Pacific drugs case
(The following story by Joe Ruff appeared on the Omaha World-Herald website on July 26, 2010.) OMAHA, Neb. — Federal fines levied against Union Pacific grew by $101 million in July as more illegal drugs were found on trains coming from Mexico. Fines now total $162.5...
Pace of growth slows for transport sector
(The following story by Brent Jang appeared on the Globe and Mail website on July 26, 2010.) TORONTO — The transport sector is expected to shrug off a diminished appetite in China for coal and iron ore while thriving on robust demand in North America for consumer...
Railroad shares up at the close of July 26 trading
(The Associated Press circulated the following on July 26, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $1.21 or 2.3 percent, to $53.86. Canadian National rose $.09 or .1 percent, to $62.73. Canadian Pacific rose...
Iowa flooding impacts roadways, railroads
(The following appeared on the Globe Gazette website on July 26, 2010.) AMES, Iowa — Flood waters continue to affect city streets, county and state roadways, and railroads in eastern Iowa, according to Iowa Department of Transportation (DOT) officials. Current state...
Norfolk Southern 2Q report expected to highlight slow, steady economic recovery, led by coal
(The Associated Press circulated the following on July 27, 2010.) NEW YORK — Norfolk Southern Corp. is expected to highlight a steady economic recovery in the second-quarter when it reports earnings for the period on Tuesday after the market closes. The eastern...
NTSB report on D.C. metro crash may impact transit systems nationwide
(The following story by Ann Scott Tyson appeared on the Washington Post website on July 27, 2010.) WASHINGTON, D.C. — The announcement by the National Transportation Safety Board on Tuesday on the likely cause of the June 2009 Metro crash might have major safety and...
Kansas City Southern profit surges, tops Wall Street view
(Reuters circulated the following on July 27, 2010.) BOSTON — Kansas City Southern (KSU.N) posted profit that easily topped Wall Street's expectations on Tuesday, as the U.S. railroad benefited from surging demand to haul autos, agricultural commodities and other...
KCS reports 2Q revenue increase of 35 percent
(Kansas City Southern issued the following on July 27, 2010.) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported second quarter 2010 revenues of $461.6 million, a 35% increase compared to the corresponding 2009 period. Revenue growth was strong across the board...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, July 26 — 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....
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...
RRB: Benefit rate increase for Railroad Unemployment and Sickness benefits
(The Railroad Retirement Board issued the following on June 29, 2010.) CHICAGO — The maximum daily benefit rate payable for claims under the Railroad Unemployment Insurance Act increases to $66 from $64 in the new benefit year, which begins July 1, 2010. Benefits are...
Union Pacific No. 844 readies for trip to Cheyenne
(The following story by Dick Kreck appeared on The Denver Post website on July 24, 2010.) DENVER, Colo. — With two blasts from its whistle and a cloud of steam, the Union Pacific's historic locomotive 844 departs Denver Union Station this morning at 7, pulling the...
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