Rail Industry News
Congress addresses risks of terrorist attacks against railroads
(AllHeadlineNews.com circulated the following story on April 22, 2010.) WASHINGTON, D.C. — A government watchdog report Wednesday urged changes to the way the Transportation Security Administration protects the nation’s railroads from terrorism risks. The TSA has...
Sen. Frank Lautenberg says focus on airline security overshadows passenger rail safety
(The following story by Herb Jackson appeared on The Record website on April 21, 2010.) WASHINGTON, D.C. — The Department of Homeland Security puts too much emphasis on airlines and not enough on transit, even though it carries more people every day and has been hit...
Union Pacific reports record first quarter as earnings jump 43 percent
(Union Pacific issued the following on April 22, 2010.) OMAHA, Neb. — Union Pacific Corporation (NYSE: UNP) today reported 2010 first quarter net income of $516 million, or $1.01 per diluted share, compared to $362 million, or $0.72 per diluted share in the first...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, April 19 — 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....
Congressman: 110 mph high-speed rail not fast enough
(The following story by Marni Pyke appeared on the Daily Herald website on April 21, 2010.) CHICAGO — Critics rained turkeys and dogs on the Midwest high speed rail parade at a congressional hearing Tuesday. The region received about $2.6 billion out of $8 billion in...
Rail concerns ‘across the board’ at Springfield, Ill., open house
(The following story by Rhys Saunders appeared on the State Journal-Register website on April 21, 2010.) SPRINGFIELD, Ill. — The first public open house to discuss the Springfield rail corridor study drew more than 220 people to the Prairie Capital Convention Center...
Amtrak changes times to compensate for construction
(The following story by Jeff Fox appeared on the Blue Springs Examiner website on April 20, 2010.) INDEPENDENCE, Mo. — Amtrak has a good thing going and figures the inconvenience of a temporary schedule change is the best way to maintain momentum. For about six weeks...
New NS intermodal facility to break ground in Greencastle, Pa.
(The following appeared on the Public Opinion Online website on April 20, 2010.) GREENCASTLE, Pa. — Norfolk Southern is on track to break ground later this year for its new intermodal facility in Greencastle, a company official told members of the Greencastle-Antrim...
Virginia rail agency posts I-81 truck diversion study online
(The following appeared on the Progressive Railroading website on April 20, 2010.) The Virginia Department of Rail and Public Transportation (DRPT) recently published a study of Interstate 81 Corridor truck-to-rail diversions on its Web site. Conducted by Cambridge...
TCRC hopes Canadian short line workers will have role
(The following story by Dave Dale appeared on The Nugget website on April 21, 2010.) NORTH BAY — Unionized workers at Rail-America's Ottawa Valley Railway don't want to be forgotten as Canadian Pacific seeks a new operator for the lines connecting Sudbury, North Bay,...
Ohio tracks cleared to resume runs on NS line to Chicago
(The following appeared on the Toledo Blade website on April 21, 2010.) BRYAN, Ohio — Norfolk Southern expected to reopen at least one of two tracks on its Toledo-Chicago railroad line late last night after removing wreckage from a 31-car freight-train derailment on...
California group protests BNSF rail yard pollution
(The following story by Michael J. Sorba appeared on the San Bernardino County Sun website on April 20, 2010.) SAN BERNARDINO, Calif. — Equipped with breathing masks, picket signs and megaphones, around 50 people on Tuesday protested outside of the BNSF rail yard's...
CSX CEO Michael J. Ward sells 50,000 shares of stock
(The following appeared at GuruFocus.com on April 20, 2010.) Chairman, President and CEO of CSX Corp. (CSX) Michael J. Ward sells 50,000 shares of CSX on 04/16/2010 at an average price of $54.57 a share. CSX Corp. has a market cap of $21.09 billion; its shares were...
Suspicious packages delay trains in Seattle
(The Associated Press circulated the following on April 20, 2010.) SEATTLE — A Burlington Northern Santa Fe spokesman says two Amtrak trains and five Sounder commuter trains were delayed Tuesday evening after two suspicious packages were seen near the track south of...
Cattle-based fuel powers Amtrak test train
(The Associated Press circulated the following story by Kelly P. Kissel on April 20, 2010.) ABOARD THE HEARTLAND FLYER — Amtrak began an experiment Tuesday to let cows produce horsepower. Officials from the railroad and the Oklahoma and Texas transportation...
BNSF moves idled rail cars from Helena and Great Falls, Mont.
(The following story by John S. Adams appeared on the Great Falls Tribune website on April 21, 2010.) HELENA, Mont. — Railroad workers on Tuesday began moving some of the long-idled railcars between Great Falls and Helena. According to BNSF Railway officials, the...
Railroad shares up at the close of April 20 trading
(The Associated Press circulated the following on April 20, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $1.01 or 1.9 percent, to $55.21. Canadian National rose $1.39 or 2.3 percent, to $63.00. Canadian Pacific...
Rail workers scrambled to save woman’s life
(The following story by Jon Hilkevitch appeared on the Chicago Tribune website on April 20, 2010.) CHICAGO — Believing they had fixed malfunctioning railroad gates and warning lights, Canadian National Railway workers let an Amtrak train pass through the intersection...
Amtrak seeks revolutionary transport funding bill
(The following story by John D. Boyd appeared on The Journal of Commerce website on April 20, 2010.) WASHINGTON, D.C. — Amtrak is calling for Congress and the Obama administration to shape a new multiyear surface transportation bill that is “revolutionary, not...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, April 19 — 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....
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