Rail Industry News
Railroads companies shares up at the close of trading
(The Associated Press circulated the following on July 8, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $1.45 or 2.9 percent, to $50.76. Canadian National rose $.42 or .7 percent, to $58.42. Canadian Pacific rose...
AAR: Weekly rail traffic tops comparable 2008, 2009 weeks
(The Association of American Railroads issued the following on July 8, 2010.) WASHINGTON, D.C. — The Association of American Railroads today reported that rail traffic for the week ending July 3, 2010 topped comparison weeks from both 2008 and 2009. Carloads were up...
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...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, July 6 — 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...
MBTA registers ridership gains for third-straight month
(The following appeared on the Progressive Railroading website on July 7, 2010.) For the first time since fall 2008, the Massachusetts Bay Transportation Authority (MBTA) increased ridership for three consecutive months. May gains followed increases in April and...
UP’s PRB coal train loadings jump in June
(The following appeared on the Progressive Railroading website on July 7, 2010.) Last month, Union Pacific Railroad loaded 921 trains in the Southern Powder River Basin (SPRB) compared with 881 trains in June 2009. The Class I averaged 30.7 trains per day in June vs....
Nebraska Rep. wants hearing on EPA documents
(The following story by Joseph Morton appeared on the Omaha World-Herald website on July 7, 2010.) WASHINGTON, D.C. — Rep. Lee Terry on Wednesday called for a congressional hearing on claims that Environmental Protection Agency officials destroyed documents related to...
NTSB Chairman Hersman is Operation Lifesaver symposium keynote speaker
(Operation Lifesaver issued the following on July 8, 2010.) WASHINGTON, D.C. — Deborah Hersman, Chairman of the National Transportation Safety Board, will be the keynote speaker on Monday, August 30 at the 16th International Operation Lifesaver International Symposium...
Railroad shares up at the close of July 7 trading
(The Associated Press circulated the following on July 7, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $1.83 or 3.9 percent, to $49.31. Canadian National rose $1.27 or 2.2 percent, to $58.00. Canadian Pacific rose...
VRE passengers moved onto Amtrak Wednesday
(The following story by Uriah A. Kiser appeared on the News & Messenger website on July 8, 2010.) WASHINGTON, D.C. — Virginia Railway Express passengers, bound for Manassas, got a ride home on an Amtrak train Wednesday after their locomotive broke down before leaving...
Elected officials climb aboard for tour of congested Tower 55 rail intersection
(The following story by Anna M. Tinsley appeared on the Forth Worth Star-Telegram website on July 7, 2010.) FORT WORTH, Texas — At Tower 55, the more than 100 freight and passenger trains crossing the busy intersection daily must wait for a green or yellow signal to...
Grant sought to help Fort Worth railroads out of a jam
(The following story by Michael A. Lindenberger appeared on The Dallas Morning News website on July 8, 2010.) DALLAS, Texas — Texas officials are asking the Obama administration to contribute nearly $60 million to help two of America's largest private railroads...
Holocaust survivors fault VRE contract
(The following story by Katherine Shaver appeared on the Washington Post website on July 7, 2010.) WASHINGTON, D.C. — Some Holocaust survivors are criticizing Virginia Railway Express for awarding an $85 million contract to operate and maintain its trains to a company...
Canadian National may hire 10,000 people over 5 years
(Bloomberg News circulated the following story by Frederic Tomesco on July 7, 2010.) MONTREAL — Canadian National Railway Co. plans to hire as many as 2,000 people annually over the next five years to replace retiring employees and reduce operating costs. About 47...
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 6 — 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....
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...
C&NW roundhouse in Chadron coming back to life
(The following story by George Ledbetter appeared on The Chadron Record website on July 6, 2010.) CHADRON, Neb. — Nearly two decades after the Chicago Northwestern Railroad (CNW) closed up shop in Chadron, a new railroad company is bringing the Chadron rail-yards, and...
CN to report and review second-quarter 2010 financial results on July 22, 2010
(CN issued the following on July 6, 2010.) MONTREAL — CN will issue its second-quarter 2010 financial and operating results on July 22, 2010, shortly after 4 p.m. Eastern time (ET). CN's senior officers will review the results and the railway's outlook that afternoon...
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