Rail Industry News
Railroad shares up at the close of May 21 trading
(The Associated Press circulated the following on May 21, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $1.33 or 2.7 percent, to $51.09. Canadian National rose $1.68 or 3.1 percent, to $56.38. Canadian Pacific rose...
VRE accuses Amtrak of obstructing change
(The following story by Kelly Hannon appeared at Fredericksburg.com on May 22, 2010.) FREDERICkSBURG, Va. — The Virginia Railway Express Operations Board issued a rare public rebuke of Amtrak yesterday, claiming it is interfering with the commuter train system's...
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....
National Coal sells short-line railroad
(The following story by Roger Harris appeared on the Knoxville News-Sentinel website on May 20, 2010.) KNOXVILLE, Tenn. — National Coal Corp. said today its wholly-owned subsidiary NC Railroad Inc has sold a short-line railroad that runs between Oneida and Devonia,...
Wisconsin & Southern CEO returns $43,800 in illegal donations
(The Associated Press circulated the following on May 20, 2010.) MADISON, Wis. — The head of the Wisconsin and Southern Railroad Company is apologizing for using company money to reimburse employee's political donations to Republican candidate for governor Scott...
Canadian Pacific raises dividend 9 percent
(Reuters circulated the following on May 21, 2010.) CALGARY — Canadian Pacific Railway Ltd (CP.TO) said it raised its quarterly dividend by 9 percent and increased its 2010 capital spending budget by C$70 million ($65.7 million). Canada's second biggest railway raised...
RTA board sidesteps discussion of fraud by late Pagano, takes no action on Metra scandal
(The following story by Richard Wronski appeared on the Chicago Tribune website on May 21, 2010.) CHICAGO — Regional Transportation Authority officials refused Thursday to discuss Metra's financial scandal, citing a pending federal investigation into alleged...
Opinion: Demand is there for passenger rail
(The following column by Peter Galuszka appeared on the Washington Post website on May 20, 2010.) WASHINGTON, D.C. — A half-century ago, Washington's Union Station was a bustling hive of activity with trains in cheerful livery from purple to green to citrus to blue...
NTSB issues updates on three D.C. Metro accident investigations
(The National Transportation Safety Board issued the following on May 20, 2010.) WASHINGTON, D.C. — The National Transportation Safety Board will hold a Board meeting on July 27, 2010, to consider a final report on its investigation of the June 22, 2009, fatal...
Virginia to allot $2.1 billion for rail, public transportation
(The following appeared on the Progressive Railroading website on May 20, 2010.) Virginia’s Commonwealth Transportation Board (CTB) recently released a working draft of its six-year improvement program for fiscal-years 2011 to 2016. The $7.7 billion plan proposes $2.1...
Railroad shares down at the close of May 20 trading
(The Associated Press circulated the following on May 20, 2010.) NEW YORK — Shares of some top railroads companies were down at the close of trading: CSX fell $3.36 or 6.3 percent, to $49.76. Canadian National fell $2.85 or 5.0 percent, to $54.70. Canadian Pacific...
Opinion: Central Montana Rail won’t survive if BNSF shuns its commitment
(The following column by James Woodburn appeared on the Great Falls Tribune website on May 20, 2010. He is a Geraldine-area producer and serves on the Central Montana Rail board of directors.) GREAT FALLS, Mont. — In several Tribune articles concerning Central Montana...
OSHA fines CSX for action on employee who had safety concerns
(The following story by Eric Anderson appeared on the Florida Times-Union website on May 20, 2010.) JACKSONVILLE, Fla. — CSX Transportation faces $5,000 in punitive damages it must pay an employee after federal investigators say it took retaliatory action against him...
Northeast states seek plan for rail upgrades
(The Associated Press circulated the following story by Bob Salsberg on May 20, 2010.) BOSTON — A coalition of 11 states asked federal railroad officials on Thursday to develop a plan to dramatically upgrade high-speed passenger rail service along the Northeast...
Amtrak: French company not ready for VRE transition
(The following story by Uriah A. Kiser appeared on the News & Messenger website on May 20, 2010.) PRINCE WILLIAM COUNTY, Va. — The French company slated to operate Virginia Railway Express trains will not be ready to take over as scheduled, despite assurances they...
AAR: Rail intermodal volume reaches highest level since fall 2008
(The Association of American Railroads issued the following on May 20, 2010.) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported that intermodal volume on U.S. freight railroads for the week ended May 15, 2010, reached its highest level...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, May 14 — 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....
West Virginia landowners donate land along Cass Scenic Railroad
(The following appeared on The Herald-Dispatch website on May 19, 2010.) CASS, W.VA. — Thanks to the generous donation of Pocahontas County landowners George and Mickey Deike, visitors who ride the Cass Scenic Railroad will always enjoy the natural view along the...
Restored locomotive arrives for Portsmouth museum
(The following story by Janie Bryant appeared on The Virginian-Pilot website on May 20, 2010.) PORTSMOUTH, Va. — The locomotive gleamed like it did when it first saw life a hundred years ago, already turning heads in its new home near the nTelos Pavilion. The Norfolk...
Wisconsin’s rival high-speed rail coalitions agree on some points
(The following appeared on the LaCrosse Tribune website on May 20, 2010.) LACROSSE, Wisc. — Two coalitions competing for a high-speed passenger rail segment between Madison and St. Paul said Wednesday they agree on the need for continued state investment in passenger...
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