Rail Industry News
Railroad shares down at the close of July 2 trading trading
(The Associated Press circulated the following on July 2, 2010.) NEW YORK — Shares of some top railroads companies were down at the close of trading: CSX fell $1.43 or 2.9 percent, to $47.70. Canadian National fell $.84 or 1.5 percent, to $56.86. Canadian Pacific fell...
Florida counties plan for the changes, advantages rail could bring
(The following story by Michael W. Freeman appeared on the Lakeland Ledger website on July 5, 2010.) HAINES CITY, Fla. — The Florida Department of Transportation is now in the planning stages for the high speed rail line that's expected to run alongside Interstate 4...
Railcar surplus burns away
(The following story by John D. Boyd appeared on The Journal of Commerce website on July 5, 2010.) WASHINGTON, D.C. — A large part of North America’s railcar surplus is literally melting away. Enticed by rising scrap metal prices, equipment lessors, railroads and...
Security is ramped up on Amtrak, MetroLink
(The following story by Ken Leiser appeared on the St. Louise Post-Dispatch website on July 4, 2010.) ST. LOUIS — Don't be too alarmed to see stepped-up security on MetroLink or Amtrak trains in St. Louis. During the past week or so, Metro and Amtrak officials have...
Amtrak vows to put passengers first on MARC
(The Associated Press circulated the following on July 3, 2010.) BALTIMORE, Md. — Amtrak is telling workers to focus on passengers' well-being during breakdowns after the recent stranding of hundreds of MARC passengers on a sweltering train exposed problems in...
Railroad cases mount at STB
(The following story by John D. Boyd appeared on the The Journal of Commerce website on July 5, 2010.) WASHINGTON, D.C. — Shipper complaint cases against railroads are piling up at the Surface Transportation Board, despite the latter’s efforts to head them off through...
House panel approves $124.6 billion transportation-HUD spending bill
(The following story by Jennifer Scholtes appeared on the Congressional Quarterly website on July 2, 2010.) WASHINGTON, D.C. — A House Appropriations panel Thursday backed a $126.4 billion fiscal 2011 Transportation-HUD spending bill, despite Republican concerns about...
National Division office closed for Independence Day holiday
CLEVELAND, July 2 — In observance of the Independence Day holiday, the BLET National Division headquarters will be closed on Monday, July 5. Regular business hours will resume on Tuesday, July 6. BLET National President Dennis R. Pierce extended his best wishes to all...
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, June 28 — 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...
Vintage steam locomotive to make first run in 57 years
(The following story by Ed Marcum appeared on the Knoxville News-Sentinel website on July 1, 2010.) KNOXVILLE, Tenn. — A 120-year-old steam locomotive that spent 55 of those years sitting out in the weather at Chilhowee Park will be back on the tracks this weekend for...
Study: Calif high-speed rail forecast flawed
(The Associated Press circulated the following on July 2, 2010.) LOS ANGELES — An academic study has found that ridership forecasts for the California high-speed rail project is flawed and needs further work. The analysis released Thursday by the University of...
Napolitano visits Philly as part of heightened security campaign
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on July 2, 2010.) PHILADELPHIA — With a show of police power, Homeland Security Secretary Janet Napolitano brought a new vigilance campaign to Philadelphia's 30th Street Station on...
City of Sioux Falls to lose 100 rail jobs due to DM&E merger
(The following story by Peter Harriman appeared on the Argus Leader website on July 2, 2010.) SIOUX FALLS, S.D. — Sioux Falls, which was the headquarters of the largest regional railroad in the country only three years ago, will lose almost 100 railroad-related jobs...
CSX reminds travelers of importance of rail safety during holiday weekend
(CSX issued the following on July 1, 2010.) JACKSONVILLE, Fla. — As the July 4th holiday approaches, CSX Corporation (NYSE: CSX) is reminding people to use common sense and extreme caution around railroad tracks and crossings. According to the Federal Railroad...
After a two-year wait, construction on a $40 million Mechanicville rail yard could begin soon
(The following story by Eric Anderson appeared on the Albany Times-Union website on July 2, 2010.) MECHANICVILLE, Pa. — Two years after officials gathered here to announce a $40 million "rail logistics center," work on the project has yet to begin. But that could soon...
Md. Representative introducing MARC-related bill
(The following story by Michael Dresser appeared on the Baltimore Sun website on July 1, 2010.) BALTIMORE — U.S. Rep. C. A. Dutch Ruppersberger will hold a news conference Friday morning at the BWI/MARC station at which he'll announce plans to introduce a bill in the...
Brown selected as Senior NMB Mediator
(The National Mediation Board issued the following on July 1, 2010.) WASHINGTON, D.C. — The National Mediation Board (NMB) is pleased to announce the selection of Terri Brown as Senior Mediator; she assumed the duties of Senior Mediator on June 6, 2010. The National...
Railroads to outpace truckers in recovery
(The following story by Joseph Bonney appeared on The Journal of Commerce website on June 30, 2010.) WASHINGTON, D.C. — U.S. railroads will reap the benefits of the economic recovery more quickly than truckers, Moody’s Investors Service said in a report. “We expect...
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