Rail Industry News
Sen. Kohl insists on railroad antitrust change
(The following story by John D. Boyd appeared on The Journal of Commerce website on May 5, 2010.) WASHINGTON, D.C. — Pending legislation in the Senate to add shipper-friendly competition rules on the rail industry won’t move ahead unless it also strips railroads of...
Union Pacific boosts dividend, capital spending
(The Associated Press circulated the following on May 6, 2010.) OMAHA, Neb. — Union Pacific boosted its dividend 22 percent and decided to increase its capital budget by $100 million this year to help the railroad take advantage of the strengthening economy. Union...
Railroads find momentum as economy gets moving
(Bloomberg News circulated the following story by Andrew Frye and Betty Liu on May 6, 2010.) WASHINGTON, D.C. — Berkshire Hathaway Inc.'s Burlington Northern Santa Fe, the railroad Warren Buffett bought this year as an "all-in wager" on the United States, said the...
Metra director Pagano throws himself in front train, sources say
(The following report by Michael Sneed appeared on the Chicago Tribune website on May 7, 2010.) CHICAGO — Embattled Metra Executive Director Phil Pagano, under investigation by his own agency for financial issues, threw himself in front of a Metra train this morning...
AAR: Growth in U.S. rail freight traffic continues
(The Association of American Railroads issued the following on May 6, 2010.) WASHINGTON, D.C. — The Association of American Railroads said today that the growth in rail freight traffic continued during the week ended May 1, 2010, as all 19 carload freight commodities...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, May 3 — 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....
Poland’s old steam trains still on track
(AFP circulated the following story by Mary Sibierski on May 6, 2010.) WOLSZTYN, Poland — Hurtling down the rails, whistle blaring, huffing and puffing coal soot and steam, Beautiful Helena is a sight to behold as it proudly chugs along the passenger run it's made for...
Residents in Frankfort, Ill., taking advantage of CN funds
(The following story by Susan Demar Lafferty appeared on the Southtown Star website on May 6, 2010.) CHICAGO — Frankfort residents might not be happy about the Canadian National Railway running more freight trains by their homes, but at least they are getting some...
Top Texas official warns that building high-speed rail is a marathon, not a sprint
(The following story by Gordon Dickson appeared on the Fort Worth Star-Telegram website on May 6, 2010.) FORT WORTH, Texas — Building a high-speed-rail network in Texas will be a long process, and those who wish to someday zoom across the state in rail cars traveling...
Feds order extra oversight of Metra
(The following story by Richard Wronski appeared on the Chicago Tribune website on May 6, 2010.) CHICAGO — Federal officials are imposing stricter oversight on how Metra spends millions of dollars in U.S. funds amid allegations of possible financial irregularities by...
French exec chosen for California high-speed rail
(The following story by Michael Cabanatuan appeared on the San Francisco Chronicle website on May 6, 2010.) SAN FRANCISCO — An executive of the company that builds France's fast trains has been chosen to get California's high-speed rail program running by 2020, The...
MBTA sues manufacturer of Old Colony railroad ties
(The following story by Eric Moskowitz appeared on the Boston Globe website on May 5, 2010.) BOSTON — The MBTA filed a lawsuit yesterday against the manufacturer of crumbling ties on the Old Colony commuter rail lines, demanding that the company reimburse the T for an...
At aging SEPTA station, a call for more rail funding
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on May 6, 2010.) PHILADELPHIA — Standing before a Depression-era railroad power station in North Philadelphia, Gov. Rendell and Mayor Nutter warned Wednesday that such aging relics...
Union Pacific makes Wyoming track improvements
(Union Pacific issued the following on May 5, 2010.) OMAHA, Neb. — Union Pacific will improve Wyoming's transportation infrastructure with a more than $20 million investment to improve the rail line that runs from near Manville to near Lusk, Wyo. Work on the nearly...
CSX stays focused on the fundamentals economic recovery continues
(CSX issued the following on May 5, 2010.) PHILADELPHIA — As the U.S. economy continues to recover, CSX Corporation (NYSE: CSX) remains sharply focused on safety, service and productivity, the things that have made the company successful through a variety of economic...
Former Amtrak CFO running for Md. comptroller
(The following appeared on the Washington Post website on May 5, 2010.) WASHINGTON, D.C. — William H. Campbell, a former chief financial officer of Amtrak, has joined the race for Maryland comptroller, becoming the second Republican seeking to unseat Peter Franchot...
For National Bike Month, Operation Lifesaver offers six tips for safe biking near train tracks
(Operation Lifesaver issued the following on May 5, 2010.) WASHINGTON, D.C. — May is National Bike Month, and Operation Lifesaver, Inc., (www.oli.org), is sharing tips for safe biking near train tracks. Last year, more than 760 people were killed or injured in the...
Boise officials recommend use of rail car storage fees
(The Associated Press circulated the following on May 5, 2010.) BOISE, Idaho — Boise city staffers are recommending using $915,000 Union Pacific paid for storing rail cars on the city's idle tracks to spark economic development. Economic development assistants John...
Vancouver port seeks freight-rail service improvements
(The following appeared on the Progressive Railroading website on May 5, 2010.) Port Metro Vancouver is calling on the Canadian government to implement a "commercial approach" to defining, measuring, monitoring and ensuring a high level of freight-rail service. The...
CSX seeks joint OK to use rails owned by Delaware & Hudson
(The following story by Eric Anderson appeared on the Albany Times-Union website on May 6, 2010.) ALBANY, N.Y. — CSX freight trains could become a familiar sight in Cohoes and Watervliet if the railroad gets federal approval to use Delaware & Hudson Railway tracks to...
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