Rail Industry News
North Carolina considering high-speed rail route options
(The Associated Press circulated the following on July 26, 2010.) RALEIGH, N.C. — North Carolina is working on ideas to close roads and build bridges for a high-speed rail line that would carry trains at speeds up to 110 mph. The News & Observer of Raleigh reported...
GATX profit rises 69 percent despite rail slide
(The following story by John D. Boyd appeared on The Journal of Commerce website on July 23, 2010.) WASHINGTON, D.C. — Rail equipment leasing giant GATX depended partly on a pickup in its shipping operations to post a 69 percent profit jump to $21.5 million in the...
Amtrak Cascades reports highest second-quarter ridership since 1994
(The following appeared on the Progressive Railroading website on July 23, 2010.) Yesterday, Amtrak Cascades reported its highest second-quarter ridership mark since 1994 at 214,641 passengers. Ridership jumped 12 percent vs. second-quarter 2009, according to the...
Durbin upbeat on high-speed rail in Illinois
(The following story by Bruce Rushton appeared on The State Journal-Register website on July 24, 2010.) SPRINGFIELD, Ill. — Sen. Dick Durbin said Friday that giving the Union Pacific Railroad $98.3 million in federal money for track improvements without an agreement...
Galesburg’s Amtrak depot gets $641,000 for renovation
(The following story by Eric Timmons appeared on The Register-Mail website on July 23, 2010.) GALESBURG, Ill. — Gov. Pat Quinn announced Thursday the city of Galesburg has been awarded $641,000 to renovate the Amtrak Depot and build a new transit maintenance facility...
CSX project to replace miles of ties in Michigan
(The following story by Scott Davis appeared on the Lansing State Journal website on July 24, 2010.) LANSING, Mich. — More than a century ago, gangs of burly men would lay railroad ties at a snail's pace, driving them in with sledgehammers. Today, the work proceeds...
Mississippi State develops treatment to extend life of railroad ties
(The following story by Karen Brasher appeared on the Daily News website on July 25, 2010.) STARKVILLE, Miss. — In 1985, a young and energetic Mississippi State University forest products professor began testing a new treatment on railroad crossties. At the time,...
Norfolk Southern moving crew change point from Danville to Pulaski, Ky.
(The following story by David Brock appeared on the Advocate-Messenger website on July 23, 2010.) DANVILLE, Ky. — Norfolk Southern will move its rail crew change point next year from Danville to the Burnside area south of Somerset. Company spokesman Robin Chapman...
DOT announces $300 million for Denver Union Station redevelopment
(The U.S. Department of Transportation issued the following on July 23, 2010.) DENVER, Colo. — U.S. Transportation Secretary Ray LaHood today announced that the Denver Union Station project will receive just over $300 million in federal loans through an unprecedented...
Railroad shares up at the close of July 23 trading
(The Associated Press circulated the following on July 23, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $.93 or 1.8 percent, to $52.65. Canadian National rose $1.35 or 2.2 percent, to $62.64. Canadian Pacific rose...
KCS opens Anahuac Bridge; Cross border traffic resumes on Nuevo Laredo gateway
(Kansas City Southern issued the following on July 25, 2010.) KANSAS CITY, Mo. — Kansas City Southern (KCS) today reported that its Mexican subsidiary, Kansas City Southern de Mexico, S.A. de C.V. (KCSM) has worked throughout the weekend on the Anahuac Bridge and...
Amtrak spending nearly $300 million for 130 new passenger rail cars
(Amtrak issued the following on July 23, 2010.) WASHINGTON, D.C. — Amtrak is implementing the first step in a long-term, comprehensive fleet renewal plan with the purchase of 130 new single-level rail cars to support its long-distance train services. The five-year,...
Senate committee ups Amtrak appropriation, cuts high-speed rail funding
(The following appeared on the Progressive Railroading website on July 23, 2010.) Yesterday, the Senate Appropriations Committee approved a transportation bill that would provide Amtrak $1.96 billion, $666 million short of what the national passenger railroad...
Senate bill calls for national freight policy
(The following story by William B. Cassidy appeared on The Journal of Commerce website on July 22, 2010.) WASHINGTON, D.C. — A national multimodal freight transportation plan is the goal of a bill introduced today in the U.S. Senate. Three Democratic senators are...
Critics fault plan for 2 sets of tunnels for NJ Transit, Amtrak
(The following story by Larry Higgs appeared on the Asbury Park Press website on July 25, 2010.) ASBURY PARK, N.J. — Can two rail agencies share a set of new tunnels under the Hudson River to midtown Manhattan and save billions of dollars, instead of building separate...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, July 23 — 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: 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...
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...
CN contributes $325,000 to Illinois university’s rail engineering program
(The following appeared on the Progressive Railroading website on July 22, 2010.) CN recently donated $325,000 to the University of Illinois’ railroad engineering program. Since 2002, the Class I has donated more than $1 million to the program, which is part of the...
Zero Illinois jobs assured in high speed rail project
(The following story by Bruce Rushton appeared on the State Journal-Register website on July 23, 2010.) SPRINGFIELD, Ill. — All of a $98.3 million federal grant for high-speed rail will go to the Union Pacific Railroad, and there are no assurances that anyone in...
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