Rail Industry News
Laredo to become distribution center for Central American products
(The following story by Francisco Diaz appeared on the Laredo Sun website on February 28, 2010.) LAREDO, Texas — The local authorities considered that after the conclusion of the First Business Round Table with Central America, the possibility to establish a product...
Despite derailments, BNSF track maintains speed limit
(The following story by Chris Paschenko appeared on The Daily News website on March 1, 2010.) SANTA FE — Although two train derailments on Burlington Northern Santa Fe tracks prompted safety concerns, the railroad hasn’t reduced the speed of rail traffic through Santa...
Excerpts from Warren Buffett’s annual letter to shareholders
(The following appeared on the Omaha World-Herald website on February 27, 2010.) OMAHA, Neb. — Excerpts from Warren Buffett's annual letter to shareholders. • "When the financial system went into cardiac arrest in September 2008, Berkshire was a supplier of liquidity...
Buffett: Execs should pay price for risky bets
(The Associated Press circulated the following story by Josh Funk on February 27, 2010.) OMAHA, Neb. — Billionaire Warren Buffett, in his annual letter to shareholders, sternly urged companies to develop harsh penalties for executives who get into trouble with risky...
Danger on Tracks: Safety remains priority for SEPTA, Amtrak
(The following story by Timothy Logue appeared on the Delaware County Daily Times website on February 28, 2010.) DELAWARE COUNTY, Pa. — For as long as there have been train tracks, teenagers have gravitated to them. Whether to cut time from an otherwise longer walk,...
DOT Secretary LaHood denounces political games that cause worker furloughs during tough economic times
(The Department of Transportation issued the following on March 1, 2010.) WASHINGTON, D.C. — The Department of Transportation will furlough nearly 2,000 employees without pay Monday, temporarily shutting down highway reimbursements to states worth hundreds of millions...
Federal income tax and Railroad Retirement benefits
(The U.S. Railroad Retirement Board issued the following on February 3, 2010.) CHICAGO — The following questions and answers describe the tax statements issued by the Railroad Retirement Board (RRB) each January for Federal income tax purposes. Railroad retirement...
Penn State and Norfolk Southern develop battery-powered locomotive
(The following appeared at www.research.psu.edu on February 26, 2010.) UNIVERSITY PARK, Pa. — In September 2009, Norfolk Southern unveiled its NS 999, a prototype 1,500-horsepower switching locomotive that relies solely on rechargeable batteries for power. When the...
Former CSX workers say asbestos exposure caused lung cancer
(The following story by Shelley Rossetter appeared on the St. Petersburg Times website on February 26, 2010.) TAMPA, Fla. — Four former employees of CSX sued the railroad company Wednesday, alleging exposure to asbestos on the job led to lung cancer. In the lawsuit,...
Freight derailment blocks morning Northstar line service
(The following story by Paul Walsh appeared on the Star Tribune website on February 25, 2010.) MINNEAPOLIS, Minn. — A minor derailment of freight cars gummed up the works Thursday morning for many commuters who use the Northstar line in the north metro, transit...
Opinion: Rail plan, investment would help W.Va.
(The following column by Bonni McKeown appeared on the Charleston Gazette website on February 26, 2010. McKeown, of Charleston, is a legislative coordinator with the volunteer citizens rail advocacy group Friends of the Cardinal.) CHARLESTON, W.Va. — Sen. John Unger's...
Amtrak cancels more NY State trains on Friday
(The following story by Eric Anderson appeared on the Albany Times-Union website on February 25, 2010.) ALBANY, N.Y. — Amtrak said this afternoon that it will again cancel eight of its trains between Rensselaer and New York City as CSX Transportation continues repairs...
Passengers escape serious injury in Via Rail derailment
(The following story by Ann Carroll appeared on The Montreal Gazette website on February 26, 2010.) MONTREAL — Weary passengers alighted a coach and trooped into Central Station in Montreal Thursday morning, six hours after their VIA Rail train derailed in St. Charles...
Va. pitches $75 million plan for train to Richmond
(The following story by Bill Sizemore appeared on The Virginian-Pilot website on February 26, 2010.) RICHMOND, Va. — With the prospect of high-speed rail at least six years off, state officials want to spend $75 million on an intermediate step that they say could...
U.S. Class I workforce smaller in January, STB says
(The following appeared on the Progressive Railroading website on February 25, 2010.) U.S. Class Is’ workforce-reducing ways of 2009 have carried over into 2010. As of mid-January, their workforce stood at 145,609, down 0.8 percent from December’s level and 8.7...
Norfolk Southern to build corridor hubs
(The following story by John D. Boyd appeared on The Journal of Commerce website on February 25, 2010.) WASHINGTON, D.C. — Norfolk Southern Railway hopes to begin construction by July on new intermodal terminals in Memphis, Tenn., and Birmingham, Ala., now that it has...
Switchman’s heart attack leads to diagnosis of sleep apnea
(The following story by Elizabeth Barrett appeared on the Gothenburg Times website on February 25, 2010.) GOTHENBURG, Neb. — Stu Simmons isn’t necessarily a night owl. But his job as a switchman for Union Pacific Railroad keeps him up most nights past midnight. The...
Railroad shares mixed at close of February 25 trading
(The Associated Press circulated the following on February 25, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX rose $.25 or .5 percent, to $47.53. Canadian National rose $.03 or .1 percent, to $52.53. Canadian Pacific...
AAR: Rail freight volume off in most recent week
(The Association of American Railroads issued the following on February 25, 2010.) WASHINGTON, D.C. — Freight traffic on U.S. railroads was down slightly last week in comparison with last year, primarily because of a sharp drop in coal loadings, the Association of...
Retiring engineer Sue Doak won’t miss long hours
(The following story by Connie Jo Discoe appeared on the McCook Daily Gazette website on February 25, 2010. Sister McCook is a member of BLET Division 623 in McCook, Neb. She joined the Brotherhood of January 25, 1996.) McCOOK, Neb. — Sue Doak of McCook has plans for...
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