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Rail Industry News

UP says Bailey Yard derailment caused by broken rail

(The following story by Diane Wetzel appeared on the North Platte Telegraph website on March 18, 2010.) NORTH PLATTE, Neb. — A broken rail caused eight cars to jump the tracks at Bailey Yard on Wednesday morning, leaving seven cars on their sides and dumping about 700...

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Railroad shares mixed at the close of March 18 trading

(The Associated Press circulated the following on March 18, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX rose $.62 or 1.2 percent, to $51.85. Canadian National rose $.12 or .2 percent, to $58.49. Canadian Pacific...

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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...

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Preliminary work begins on Niantic River Bridge

(The following story by Amy Renczkowski appeared on The Day website on March 18, 2010.) EAST LYME Conn. — Construction crews have already started the three-year project to replace the Niantic River Bridge, but onlookers won't see the substantial work begin for a few...

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French rail co. falsely announces train explosion

(The Associated Press issued the following on March 16, 2010.) PARIS — France's railway operator says an "internal error" caused it to post a false statement on its Web site saying a train explosion had killed 102 people. The announcement on SNCF's home page described...

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Metra: Do not cross in front of trains

(The following report by Ben Bradley appeared at www.abc7chicago.com on March 17, 2010.) CHICAGO — It's a sight every train engineer dreads -- one split-second decision that can cost a life. "You learn to read people's body language. You know when they're going to...

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Coal cars derail at Union Pacific’s Bailey Yard

(The following story by Sharron Hollen appeared on the North Platte Telegraph website on March 18, 2010.) NORTH PLATTE, Neb. — About 700 tons of coal that spilled when a coal train derailed in Bailey Yard on Wednesday morning were expected to be cleared by Wednesday...

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New York State losing track of rail project funds

(The following story by Eric Anderson appeared on the Albany Times Union website on March 18, 2010.) ALBANY, N.Y. — Freight railroad officials are wondering what happened to the tens of millions of dollars from a 2005 bond issue that was to be invested in rail and...

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Senator wants STB to handle all competition issues

(The following story by John Boyd appeared on the Journal of Commerce website on March 17, 2010.) WASHINGTON, D.C. — Sen. John Thune, R-S.D., said he would like to see the emerging rail regulation overhaul put a “more robust” Surface Transportation Board in charge of...

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