Rail Industry News
Family of dancer killed by train files lawsuit
(The following story by Jon Hilkevitch appeared on the Chicago Tribune website on July 14, 2010.) CHICAGO — The family of a Chicago dance instructor who was killed by a train at an inoperative rail crossing in University Park three months ago filed a lawsuit Wednesday...
NTSB to meet on fatal 2009 collision of two D.C. Metro trains
(The National Transportation Safety Board issued the following on July 14, 2010.) WASHINGTON, D.C. — The National Transportation Safety Board will hold a Board meeting on Tuesday, July 27, 2010, at 9:30 a.m. in its Board Room and Conference Center, 429 L'Enfant Plaza,...
KCSM needs more time to repair hurricane-damaged bridge
(The following appeared on the Progressive Railroading website on July 14, 2010.) Yesterday, Kansas City Southern announced it will take longer than expected to restore the Kansas City Southern de México S.A. de C.V.’s (KCSM) service over the Anahuac Bridge on a line...
KCS declares quarterly preferred dividend
(Kansas City Southern issued the following on July 14, 2010.) KANSAS CITY, Mo. — The Executive Committee of Kansas City Southern’s Board of Directors declared a regular quarterly cash dividend of $12.8125 per share on the outstanding KCS 5.125% Cumulative Convertible...
Police say gas cans, wires in car parked near railroad overpass not a bomb
(The Associated Press circulated the following on July 14, 2010.) NEWARK, N.J. — A report of gas cans and wires in the back of a car near a railroad overpass Wednesday brought traffic in New Jersey's largest city to a standstill before police determined the items were...
NJ Transit OKs $1.79 billion budget that includes new multilevel rail cars
(The following story by Tom Davis appeared on the Bergen Record website on July 15, 2010.) HACKENSACK, N.J. — NJ Transit approved a $1.79 billion operating budget Wednesday – which includes fare hikes that went into effect in May — and a $1.35 billion capital program...
MBTA to pay $115 million for 20 new locomotives
(The following story by Eric Moskowitz appeared on the Boston Globe website on July 15, 2010.) BOSTON — The MBTA yesterday agreed to spend $115 million to buy 20 new locomotives for its oft-criticized commuter rail lines, saying the purchase should improve on-time...
Railroad shares mixed at the close of July 14 trading
(The Associated Press circulated the following on July 14, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX rose $.22 or .4 percent, to $51.94. Canadian National rose $.24 or .4 percent, to $60.04. Canadian Pacific rose...
New FRA rule to strengthen railroad bridge safety programs, oversight
(The Federal Railroad Administration issued the following on July 14, 2010.) WASHINGTON, D.C. — Federal Railroad Administrator (FRA) Joseph Szabo today announced a Final Rule requiring railroad track owners to adopt and follow specific procedures to protect the safety...
Rail group says U.S. economic recovery may be stalling
(The following story by John D. Boyd appeared on The Journal of Commerce website on July 14, 2010.) WASHINGTON, D.C. — The trade group for the largest carriers in the U.S. freight railroad industry pointed to two months of weakened rail traffic and agreed with former...
AAR reports a dip in monthly carloads in June 2010
(The Association of American Railroads issued the following on July 13, 2010.) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported that monthly rail carloads for June 2010 were up 10.6 percent compared with last year, but still down 10.2...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, July 15 — 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...
New benefit year for railroad unemployment and sickness benefits
(The U.S. Railroad Retirement Board issued the following on June 21, 2010.) CHICAGO — A new benefit year under the Railroad Unemployment Insurance Act begins July 1, 2010. Administered by the Railroad Retirement Board (RRB), this Act provides two kinds of benefits for...
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...
Enthusiasts enjoy riding railroad tracks in old motorcars
(The following story by Kevin Bonham appeared on the Grand Forks Herald website on July 13, 2010.) DAHLEN, N.D. — Allan and Barbara Wiens and their children are seeing the United States and Canada in a rather unusual way — rolling along in a railroad motorcar just...
Thieves charged with stealing copper wires from above Amtrak tracks
(The following story by John Henrehan appeared at MyFoxDC.com on July 14, 2010.) NEW CARROLLTON, Md. —Two local men have been indicted for stealing copper wires from the towers that run above Amtrak's right-of-way in Prince George's County. Amtrak officials say the...
Crews work to determine cause of UP derailment in Industry
(The following story by Jessica Donnelly appeared on the Whittier Daily News website on July 13, 2010.) INDUSTRY, Calif. — Union Pacific crews are investigating why a freight train ran off its tracks Monday night, damaging three intersections and two miles of track....
Speakman to retire from Railroad Retirement Board
(The following appeared on the Progressive Railroading website on July 13, 2010.) Long-time Railroad Retirement Board (RRB) Labor Member V. M. “Butch” Speakman Jr. recently announced plans to retire. “I intend to retire once my replacement has been confirmed by the...
B.C. ports drive upgrade to CN performance
(The following story by Scott Deveau appeared on the Financial Post website on July 14, 2010.) OTTAWA — British Columbia’s ports were in part responsible for an upgrade of Canadian National Railway Co. Wednesday by Raymond James analyst Steve Hansen. Volumes at the...
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