Rail Industry News
AAR: Rail traffic levels off after 12 weeks of gains
(The Association of American Railroads issued the following on May 27, 2010.) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported that rail traffic has leveled off after twelve consecutive weeks of gains. Both rail carloads and intermodal...
STB report to Congress recommends option for updating Board’s key costing methodology
(The Surface Transportation Board issued the following on May 27, 2010.) WASHINGTON, D.C. — Responding to a request from Congress, the Surface Transportation Board today released a report on options for updating its Uniform Rail Costing System, which is used by the...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, May 21 — 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....
BLET National Division office closed for Memorial Day
CLEVELAND, May 28 — In observance of the Memorial Day holiday, the BLET National Division office will be closed on Monday, May 31. Normal office hours will resume on Tuesday, June 1. BLET National President Paul Sorrow extended best wishes for a safe and happy holiday...
TCU-represented carmen, clerks ratify Amtrak agreement
(The following appeared on the Progressive Railroading website on May 27, 2010.) Carmen and clerical members of the Amtrak Service Workers Council (ASWC) recently ratified a new five-year agreement with Amtrak. Carmen voted 493-431 and clerks voted 983-407 in favor of...
Nearly $80 million in high-speed rail funds delivered to states
(The U.S. Department of Transportation issued the following on May 27, 2010.) WASHINGTON, D.C. — The U.S. Department of Transportation today announced that nearly $80 million in grants have been delivered to states as part of President Obama's historic high-speed and...
U.S. Class Is add to workforce in April, STB data shows
(The following appeared on the Progressive Railroading website on May 27, 2010.) U.S. Class Is' workforce edged a bit closer to 150,000 last month. As of mid-April, the large roads employed 149,749 people, up 1.2 percent from March’s level, according to Surface...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, May 21 — 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....
2010 BNSF Railway special train to travel through 13 cities in six states
(BNSF Railway issued the following on May 26, 2010.) FORT WORTH, Texas — BNSF Railway Company (BNSF) will begin operating the 2010 BNSF Special in Topeka, Kan. on Sat., May 29 as it begins a 6,000-mile tour through 13 cities in six states. The BNSF Special will...
Analyst upgrades shares of CP Rail stock
(Reuters circulated the following on May 25, 2010.) NEW YORK — Desjardins Securities upgraded Canadian Pacific Railway Ltd. to "buy" from "hold," and said rail fundamentals remained strong with volumes continuing to recover. Desjardins analyst Benoit Poirier said the...
Rail-car deliveries won’t crack 14,000 in 2010, Kolstad says
(The following story by Jeff Stagl appeared on the Progressive Railroading website on May 26, 2010.) What’s the latest projection for rail-car deliveries in 2010? About 13,800 units, as long as the Gross Domestic Product “doesn’t fall down,” according to Rail Theory...
Future rail line may go through Tenn. cities
(The following story by Michael Collins appeared on the Knoxville News Sentinel website on May 27, 2010.) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood said Wednesday that President Barack Obama's administration is committed to developing high-speed...
Congress needs to extend short lines’ tax credits, Rep. Jenkins says
(The following appeared on the Progressive Railroading website on May 26, 2010.) Yesterday, Rep. Lynn Jenkins (R-Kan.) addressed the House and voiced support for extending short lines’ tax credits, which expired at 2009’s end. Congress needs to “find a responsible way...
Editorial: Northeast needs better, more reliable passenger rail
(The following editorial appeared on the Baltimore Sun website on May 26, 2010.) BALTIMORE, Md. — The Northeast may be home to the most successful passenger rail system in the U.S., but it pales in comparison to its brethren in Europe and Japan. With highways and...
Railroad shares up at the close of May 27 trading
(The Associated Press circulated the following on May 26, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $.58 or 1.2 percent, to $50.82. Canadian National rose $.82 or 1.5 percent, to $56.81. Canadian Pacific rose...
Chlorine Institute: FRA understates PTC’s benefits to rail industry, public
(The following appeared on the Progressive Railroading website on May 26, 2010.) Yesterday, the Chlorine Institute Inc. (CI) submitted a final report to the Federal Railroad Administration (FRA) on a cost-benefit study showing that the positive train control (PTC)...
Mica expects transport bill in January
(The following story by R.G. Edmonson appeared on The Journal of Commerce website on May 26, 2010.) WASHINGTON, D.C. — The senior Republican on the House Transportation and Infrastructure Committee said Tuesday he expects Congress will take up a comprehensive surface...
Amtrak security screening to increase in Chicago
(The following story by Jon Hilkevitch appeared on the Chicago Tribune website on May 26, 2010.) CHICAGO — Some passengers boarding Amtrak trains at Union Station in Chicago will face random screening of their carry-on bags starting Thursday, officials said. The new...
Amtrak conducts security drill from NH to Virginia
(The Associated Press circulated the following on May 27, 2010.) TRENTON, N.J. — Amtrak passengers will see more police at stations and on trains from New Hampshire to Virginia as part of a drill to test counterterrorism and incident response capabilities. Amtrak says...
Union Pacific weathers economic storms
(The following story by Joe Ruff appeared on the Omaha World-Herald website on May 27, 2010.) OMAHA, Neb. — Stock market turmoil, concerns about European debt and slower growth expected in China have not directly affected customers of freight railroad Union Pacific,...
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