Rail Industry News
Benefits under Railroad Retirement and Social Security
(The U.S. Railroad Retirement Board issued the following on March 3, 2010.) CHICAGO — Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, March 12 — 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....
Railroad history to steam into Fort Worth this week
(The following story by Gordon Dickson appeared on the Fort Worth Star-Telegram website on April 7, 2010.) FORT WORTH, Texas — Railroad fans will get a chance to take a close look at a majestic piece of history. On Friday, locomotive No. 844, the last steam engine...
2 Indiana men caught stealing tracks, scrap metal from CSX
(The following appeared on the Evening News and Tribune website on April 8, 2010.) JEFFERSONVILLE, Ind. — An off-duty police officer arrested two men for allegedly stealing railroad tracks and other metal items from CSX Corp., according to a Wednesday press release...
Norfolk Southern to host first-quarter earnings call on April 27
(Norfolk Southern issued the following on April 7, 2010.) NORFOLK, Va. — Norfolk Southern Corporation will present its first-quarter 2010 earnings on Tuesday, April 27, 2010, at 4:30 p.m. EDT via teleconference and live Internet webcast. The company will issue its...
KCS announces first quarter earnings release, conference call
(Kansas City Southern issued the following on April 8, 2010.) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its financial results for first quarter 2010 on Tuesday, April 27, 2010, before the opening of trading on the New York Stock Exchange. KCS will...
Disaster narrowly avoided following NS derailment in Indiana
(The following story by Lee Cable appeared on the Corydon Democrat website on April 7, 2010.) CORYDON, Ind. — Seven Norfolk Southern railroad cars derailed Thursday afternoon in English, shutting down both S.R. 237 and the railroad for several hours. The derailment,...
Cold train links Pacific Northwest, Chicago
(The following story by John D. Boyd appeared on the Journal of Commerce website on April 6, 2010.) WASHINGTON, D.C. — Backers are calling it their “cold train,” a four-day-a-week run of refrigerated intermodal cargoes from the Port of Quincy, Wash., to Chicago that...
Pollution levels fall sharply near Port of Los Angeles
(The following story by Bill Mongelluzzo appeared on the Journal of Commerce website on April 6, 2010.) WASHINGTON, D.C. — Harmful diesel emissions fell sharply at the Port of Los Angeles and in surrounding communities, according to data accumulated from air...
Norfolk Southern says taxes will rise $27 million on health law
(The Associated Press circulated the following on April 7, 2010.) NEW YORK — Freight railroad operator Norfolk Southern Corp. said it will take an accounting charge and expects to pay $27 million in extra taxes in the first quarter because of a provision in the health...
Plan to preserver Maine shortline wins in final House round, but loses in Senate
(The Associated Press circulated the following story by Glenn Adams on April 8, 2010.) AUGUSTA, Maine — A borrowing package that includes money to preserve a railroad that's seen as a lifeline to industry in struggling northern Maine was denied final approval by the...
NJ Transit faces $570,000 whistleblower fine for punishing worker
(The following story by Mike Frassinelli appeared on The Star-Ledger website on April 7, 2010.) NEWARK, N.J. — Tony Araujo couldn’t sleep the night after he watched the contractor burn to death at work. The New Jersey Transit conductor flagman said he wanted to return...
UP’s SPRB coal train count climbed in March
(The following appeared on the Progressive Railroading website on March 7, 2010.) Last month, Union Pacific Railroad loaded 993 trains in the southern Powder River Basin (SPRB) compared with 937 trains in March 2009. The Class I boosted loadings despite a derailment...
FRA announces $50 million Positive Train Control grant
(The Federal Railroad Administration issued the following on April 7, 2010.) WASHINGTON, D.C. — The Federal Railroad Administration (FRA) will soon begin accepting grant applications for the deployment of positive train control (PTC) collision avoidance systems and...
Calif. high-speed rail to again study rider, revenue estimates
(The following story by Mike Rosenberg appeared on the San Mateo County Times website on April 7, 2010.) SAN JOSE, Calif. — Facing a relentless stream of critics, the state's high-speed rail planners said Wednesday that they have hired three expert groups to again...
China offers high-speed rail assistance to California
(The following story by Keith Bradsher appeared on the New York Times website on April 7, 2010.) BEIJING — Nearly 150 years after American railroads brought in thousands of Chinese laborers to build rail lines across the West, China is poised once again to play a role...
Benefits under Railroad Retirement and Social Security
(The U.S. Railroad Retirement Board issued the following on March 3, 2010.) CHICAGO — Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, March 12 — 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....
Greenbrier cuts costs and takes smaller 2Q loss
(The Associated Press circulated the following on April 7, 2010.) LAKE OSWEGO, Ore. — Railroad freight car maker Greenbrier Cos. said Wednesday it reduced its loss in the fiscal second quarter as it cut costs in response to declining sales. Greenbrier said it lost...
Canadian shippers hope new railway regulations will come soon
(The following story by Scott Deveau appeared on the Financial Post website on April 6, 2010.) OTTAWA — Canadian shippers are heralding a new report as further evidence that some sort of added regulation is required from Ottawa to improve service levels at the...
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