Rail Industry News
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...
CP Rail names ex-CN official as its chief operations officer, VP
(The following story by Dina O'Meara appeared on the Calgary Herald website on April 7, 2010.) CALGARY — Canadian Pacific Railway has named Edmond Harris chief operations officer and executive vice-president. Harris, who retired from rival Canadian National Railway in...
Norfolk Southern rail car releases vapor in Roanoke
(The following story by Jorge Valencia appeared on the Roanoke Times website on April 7, 2010.) ROANOKE, Va. — Roanoke firefighters closed a 14-block stretch of Shenandoah Avenue early this evening when a rail car in the adjacent Norfolk Southern yard apparently...
Report to offer glimpse of Calif. high-speed rail plan
(The following story by Michael Cabanatuan appeared on the San Francisco Chronicle website on April 5, 2010.) SAN FRANCISCO, Calif. — Since voters backed a $9.95 billion bond to fund California's high-speed rail system nearly two years ago, critics have questioned the...
Poll: Half of U.S. backs high-speed rail
(UPI circulated the following on April 6, 2010.) WASHINGTON, D.C. — About half of U.S. residents support President Barack Obama's plan to develop high-speed rail corridors, a poll released Tuesday indicated. The Canadian polling company, Angus Reid Public Opinion,...
Railroad shares mixed at the close of April 6 trading
(The Associated Press circulated the following on April 6, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX fell $.15 or .3 percent, to $52.46. Canadian National fell $.59 or 1.0 percent, to $61.38. Canadian Pacific fell...
JPMorgan fund bets on U.S. rail companies, follows Buffett
(Bloomberg News circulated the following story by Chris Cooper on April 7, 2010.) NEW YORK — JPMorgan Chase & Co.’s railway fund is betting on U.S. freight companies such as Union Pacific Corp., CSX Corp. and Norfolk Southern Corp., following Warren Buffett’s decision...
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....
Ohio River port hires RailAmerica unit
(The following story by John D. Boyd appeared on The Journal of Commerce website on April 6, 2010.) WASHINGTON, D.C. — The Perry County Port Authority, which operates an Ohio River cargo facility at Tell City, Ind., has contracted with a RailAmerica short line to run...
Longtime Amtrak spokesman Cliff Black retires
(The following story by Eric Anderson appeared on the Albany Times-Union website on April 5, 2010.) ALBANY, N.Y. — L. Clifford Black retired from his job as Amtrak’s chief spokesman at the end of March, according to a report from the National Corridors Initiative’s...
Daunting problems for N.J.’s new DOT chief
(The following story by Paul Nussbaum appeared on the Philadephia Inquirer website on April 5, 2010.) PHILADELPHIA, Pa. — James Simpson, the new commissioner of the New Jersey Department of Transportation, inherits plenty of problems as he takes over the sprawling...
Philly firefighters douse Septa train fire
(The following story by Ben Finley appeared on the Philadelphia Inquirer website on April 5, 2010.) PHILADELPHIA, Pa. — A train car on one of Septa’s Regional Rail R-7 trains caught fire earlier tonight, causing firefighters to descend upon Bristol’s Septa station...
120 out of work at Progress Rail in Raceland, Ky.
(The following appeared at WSAZ.com on April 6, 2010.) RACELAND, Ky. — One hundred and twenty employees at Progress Rail in Raceland, Ky are now out of a job. The workers were told of the indefinite furloughs during a 6 a.m. meeting Tuesday. One hundred of the workers...
High speed rail plan under fire from L.A. officials
(The following story by Dan Weikel and Rich Connell appeared on the Los Angeles Times website on April 5, 2010.) LOS ANGELES — Transit executives from Los Angeles and Orange counties are pressing officials with the state's high-speed rail project to consider...
Caltrain or not, high-speed rail chugs ahead
(The following story by Mike Rosenberg appeared on the San Mateo County Times website on April 5, 2010.) SAN JOSE, Calif. — With or without Caltrain, the California High-Speed Rail Authority still plans to run its bullet trains between San Jose and San Francisco,...
Higher temps bring heat restrictions for MARC trains
(The following story by Stephanie Mlot appeared on the News-Post website on April 2, 2010.) FREDERICKSBURG, Va. — Warmer weather means spring is in the air, but it also indicates heat restrictions for MARC trains. Friday's 33-degree change in temperature led CSX to...
Shipping rates going up for Montana wheat farmers
(The Associated Press circulated the following on April 2, 2010.) HELENA, Mont. — Montana’s wheat farmers will have to pay more to ship their crops this year. The Montana Grain Growers Association says starting Aug. 1, BNSF Railway Co. will increase its shipping rates...
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