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Rail Industry News

Wisconsin museum aims to preserve railroad history

(The following story by David Steinkraus appeared on The Racine Journal Times website on May 29, 2010.) STURTEVANT, Wisc. — As large and orange as it is, it is still easy to drive right by this piece of history sitting beside Wisconsin Street. The caboose looks like...

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Ex-CSX exec now CEO of Florida East Coast

(The following story by Mark Basch appeared on the Florida Times-Union website on May 29, 2010.) JACKSONVILLE, Fla. — The Florida East Coast Railway announced Friday that James Hertwig will become president and CEO of the company, effective July 1. Hertwig was...

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D.C.’s Union Station re-opened after evacuation

(UPI circulated the following on May 30, 2010.) WASHINGTON, D.C. — Union Station in Washington was evacuated and shut down for a more than an hour Sunday after a report of an unusual odor, Amtrak said. Washington fire officials asked Amtrak to close the busy station...

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5 passengers injured when trail derails in Ill.

(The Associated Press circulated the following on May 31, 2010.) GRANITE CITY, Ill. — Amtrak says five people suffered minor injuries when a passenger train derailed in suburban St. Louis. Amtrak spokesman Marc Magliari says the last two coaches on the train left the...

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STB mulls options to update rail-cost methodology

(The following appeared on the Progressive Railroading website on May 28, 2010.) The Surface Transportation Board (STB) recently released a report reviewing options for updating its Uniform Rail Costing System (URCS), which is used in rate and other cases. The board...

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Railroad shares mixed at the close of May 28 trading

(The Associated Press circulated the following on May 28, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX fell $.37 or .7 percent, to $52.25. Canadian National fell $.55 or .9 percent, to $57.37. Canadian Pacific rose...

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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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Amtrak ‘misled’ Congress on finances

(The following story by Jim McElhatton appeared on the Washington Times website on June 1, 2010.) WASHINGTON, D.C. — When Amtrak assured Congress it was on a "glide path" to free itself of federal subsidies early last decade, a handful of top executives secretly had...

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