Rail Industry News
Railroad shares up at the close of July 20 trading
(The Associated Press circulated the following on July 20, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $.82 or 1.6 percent, to $50.61. Canadian National rose $.97 or 1.6 percent, to $60.16. Canadian Pacific rose...
NS intermodal yard upgrade gets under way in Toledo
(Norfolk Southern and the Ohio Rail Development Commission issued the following on July 21, 2010.) COLUMBUS, Ohio — Toledo’s role as a freight distribution point for the Midwest soon will be strengthened. An almost $12.3-million dollar project to expand capacity and...
Norfolk Southern almost ready to break ground in Memphis
(The following story by Eric Smith appeared on The Daily News website on July 21, 2010.) MEMPHIS, Tenn. — Norfolk Southern Corp. is about to clear the final hurdle needed to begin work on its Rossville intermodal terminal, where cargo containers will be transferred...
Union Pacific, Illinois agree on high-speed rail plan
(Bloomberg News circulated the following on July 20, 2010.) CHICAGO, Ill. — Union Pacific Corp., the biggest U.S. railroad, and the state of Illinois agreed to begin construction in September of the first U.S. high-speed passenger rail route created with...
Work on part of Chicago-St. Louis high-speed rail line could be done late this year
(The following story by Jon Hilkevitch appeared on the Chicago Tribune website on July 20, 2010.) CHICAGO — The first 90 miles of a high-speed rail corridor stretching 284 miles between Chicago and St. Louis could be completed late this year, under a construction plan...
Va. high-speed rail supported heavily at Richmond public hearing
(The following story by John Reid Blackwell appeared on the Richmond Times-Dispatch website on July 21, 2010.) RICHMOND, Va. — A proposed high-speed passenger train system linking Richmond and Raleigh, N.C., got an overwhelming show of support at a public hearing in...
Amtrak launches another round trip from Richmond to Washington
(The following story by Althea Fung appeared on the Richmond Times-Dispatch website on July 21, 2010.) ABOARD TRAIN 174 — Trying to avoid traffic on Interstate 95? Take the train. That became a little easier yesterday after Amtrak added another round-trip option to...
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...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, July 20 — 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...
New $17.7 million MBTA station under way in Dorchester
(The following appeared on the Progressive Railroading website on July 19, 2010.) On Friday, Massachusetts and local officials held a groundbreaking for a $17.7 million Four Corners/Geneva commuter-rail station in Dorchester, one of four stations to be built along the...
Opinion: Stimulus funds give high-speed rail a kick in the caboose
(The following column by Brian Palmer appeared on the Washington Post website on July 20, 2010. Palmer, a freelance writer living in New York, is a regular contributor to Slate.com's Explainer column.) WASHINGTON, D.C. — Americans love to complain about the pitiable...
GATX deploys low-emission Genset locomotive
(The following story by John D. Boyd appeared on The Journal of Commerce website on July 19, 2010.) WASHINGTON, D.C. — Rail equipment lessor GATX took delivery of a low-emission “genset” switcher locomotive from Wabtec’s MotivePower unit, as the popular yard engines...
Opinion: Virginia must get serious on high-speed rail
(The following column by Michael Paul Williams appeared on the Richmond Times-Dispatch website on July 20, 2010.) RICHMOND, Va. — As Sam Brubaker waited for a late-running train, high-speed rail service from Richmond to Raleigh must have looked like a pipe dream....
What’s at stake in North Charleston rail debate
(The following story by Daniel Brock appeared on the Charleston Regional Business Journal website on July 19, 2010.) CHARLESTON, S.C. — On a warm evening in early July, North Charleston Mayor Keith Summey grabbed a microphone and laid out a plan to save his city....
Moving those trains through Raleigh
(The following story by Bruce Siceloff appeared on the News & Observer website on July 20, 2010.) RALEIGH, N.C. — You get history by the earful when you ride around Raleigh with railroaders. And a little prehistory, too. "See how the Norfolk Southern corridor hugs the...
Nebraska jury says UP owes injured worker $560,000
(The Associated Press circulated the following on July 19, 2010.) GERING, Neb. — Union Pacific Corp. should pay a worker who was injured when she tripped over an object on the job $560,000, a Scotts Bluff County jury ruled. The jury ruled last week in favor of...
VRE express train starts with delays, crowds
(The following story by Kytja Weir appeared on The Examiner website on July 20, 2010.) WASHINGTON, D.C. — The new express train on Virginia Railway Express did not deliver the express ride it promised eager commuters on its inaugural run Monday morning, arriving...
Railroad shares down at the close of July 19 trading
(The Associated Press circulated the following on July 19, 2010.) NEW YORK — Shares of some top railroads companies were down at the close of trading: CSX fell $.33 or .7 percent, to $49.79. Canadian National fell $.03 or .1 percent, to $59.19. Canadian Pacific fell...
Kansas City Southern: The little railroad that could
(The following story by Randolph Heaster appeared on The Kansas City Star website on July 19, 2010.) KANSAS CITY, Mo. — In 1995 when railroad veteran Michael Haverty joined Kansas City Southern Railway as chief executive, the carrier seemed to be chugging into a long,...
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