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Rail Industry News

Amtrak apologizes for MARC 538 failure

(The following appeared on the Baltimore Sun website on June 22, 2010.) BALTIMORE — Amtrak President and CEO Joseph Boardman released this statement today about Monday night's two-hour stranding of MARC Train 538 without air conditioning on the Penn Line tracks south...

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Railroad shares down at the close of June 22 trading

(The Associated Press circulated the following on June 22, 2010.) NEW YORK — Shares of some top railroads companies were down at the close of trading: CSX fell $2.51 or 4.5 percent, to $53.48. Canadian National fell $2.03 or 3.2 percent, to $60.70. Canadian Pacific...

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Union Pacific helps build U.S. economy

(The following story by Marc Gunther of Fortune magazine appeared at CNN.com on June 23, 2010.) NEW YORK — The strawberries on your cereal. Your laptop, cell phone, and TV. The coal that's burned to power them. The car you drive. The roof over your head. We may work...

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RRB issuing statements of service

(The U.S. Railroad Retirement Board issued the following on May 29, 2010.) CHICAGO — Each year, the U.S. Railroad Retirement Board (RRB) prepares a “Certificate of Service Months and Compensation” (Form BA-6) for every railroad employee who received creditable...

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Las Vegas train: Will it ever happen?

(The following story by Jay Jones appeared on The Los Angeles Times website on June 20, 2010.) LAS VEGAS — Terry Mullery and his wife, Lisa, of Burbank, love an occasional weekend in Las Vegas. It's the boring and often-arduous drive on Interstate 15 they hate. "We...

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Via Rail makes contingency strike plans

(Reuters Canada issued the following on June 21, 2010.) VANCOUVER, B.C. — Via Rail Canada will run a skeleton schedule of train services across Canada if ticketing vendors and maintenance staff go on strike, the passenger rail company said on Monday, unveiling...

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Railroad shares mixed at the close of June 21 trading

(The Associated Press circulated the following on June 21, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX rose $1.04 or 1.9 percent, to $55.99. Canadian National rose $.24 or .4 percent, to $62.73. Canadian Pacific...

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Railroad job growth slows a bit in May

(The following story by John D. Boyd appeared on The Journal of Commerce website on June 21, 2010.) WASHINGTON, D.C. — The top seven railroads in the U.S. added just 218 jobs from mid-April to mid-May, the smallest increase since the Class I carriers began adding jobs...

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RRB issuing statements of service

(The U.S. Railroad Retirement Board issued the following on May 29, 2010.) CHICAGO — Each year, the U.S. Railroad Retirement Board (RRB) prepares a “Certificate of Service Months and Compensation” (Form BA-6) for every railroad employee who received creditable...

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