Rail Industry News
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...
Opinion: All aboard the Steelhead Train
(The following column by Gary Lewis appeared on The Bulletin website on February 25, 2010.) BEND, Ore. — It wasn’t going to be easy. We took a left turn at La Grande and headed for Minam, but not before we stopped at the Mt. Emily Ale House, eight of us armed with...
Man hit by commuter train twice in 2 weeks at Calif. stations, lost his hand in 1st accident
(The Associated Press circulated the following on February 24, 2010.) IRVINE, Calif. — A man who lost his hand after being dragged by a commuter train two weeks ago in Southern California has been hit by a train again. Police say the man claimed he fell from the...
Armored trains return to the Russian North Caucasus
(The following story by Andrew McGregor appeared on the Jamestown Foundation website on February 24, 2010.) A weapon thought by many to belong to military museums is making a return to active anti-insurgency operations in the North Caucasus: the armored train. First...
BNSF announces $50,000 in scholarships for Wyoming
(The BNSF Railway issued the following on February 24, 2010.) FORT WORTH, Texas — BNSF Foundation today announced it will expand its support of education and scholarships by awarding $50,000 in new college scholarships this year in Wyoming. From March 1 through April...
Study: California high speed rail would drain passengers from Bay Area airports
(The following story by Mike Rosenberg appeared on the San Jose Mercury News website on February 25, 2010.) SAN JOSE, Calif. — California's high-speed trains — loaded with the potential for cheaper fares and peaceful trips — could steal about 6 million passengers each...
N.Y.C. jury awards $247,000 to woman who suffered train-platform-gap injuries
(The Associated Press circulated the following on February 24, 2010.) NEW YORK — A Manhattan jury ordered the Long Island Rail Road to pay $247,000 to a woman injured when she fell into a train-platform gap. Judith Cohen, who's 72, suffered fractures in her knee and...
Reid said committed to 2010 transport bill
(The following story by John D. Boyd appeared on The Journal of Commerce website on February 24, 2010.) WASHINGTON, D.C. — Sen. George Voinovich, R-Ohio, says he backed a Democratic jobs bill Monday after Majority Leader Harry Reid assured him the Senate will vote...
Via Rail train derails near Quebec City
(The following appeared on the Montreal Gazette website on February 245, 2010.) MONTREAL — A VIA Rail passenger train derailed early Thursday morning at St. Charles de Bellechasse, on the south shore of Quebec City. About 10 passengers suffered minor injuries and...
Storm damage to cancel eight Amtrak trains in New York state
(The following story by Eric Anderson appeared on the Albany Times-Union website on February 24, 2010.) RENSSELAER, N.Y. — Eight of Amtrak's 26 weekday trains between the Capital Region and New York City will be canceled on Thursday as CSX Transportation works to...
NS, CN have partnered on efforts to increase the movement of recycled paper
(The following story by Baird Spicuzza and Rose Zawistowski appeared at RecyclingToday.com on February 24, 2010.) So, what exactly happened to the boxcar? Does recovered fiber move by rail anymore? To borrow a familiar refrain, the reports of the death of scrap paper...
CSX Intermodal, Union Pacific announce new intermodal container program
(CSX Intermodal and Union Pacific issued the following on February 24, 2010.) OMAHA, Neb. and JACKSONVILLE, Fla. — UMAX, a new domestic interline container program created by CSX Intermodal and Union Pacific Railroad, will provide customers access to more than 20,000...
RailAmerica, Inc. reports fourth quarter and full year 2009 results
(RailAmerica issued the following press release on February 24, 2010.) JACKSONVILLE, Fla. — RailAmerica, Inc. (NYSE: RA) today reported financial results for the quarter and year ended December 31, 2009. Reported results reflect the Ottawa Valley Railway (OVR) as a...
Railroads have until April 16 to submit PTC roll-out plans
(The following story by Jeff Stagl appeared on the Progressive Railroading website on February 24, 2010.) WASHINGTON, D.C. — The months-long wait for the Federal Railroad Administration (FRA) to issue a final implementation rule on positive train control (PTC) ended...
Railroad shares mixed at the close of February 24 trading
(The Associated Press circulated the following on February 24, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX rose $.52 or 1.1 percent, to $47.28. Canadian National fell $.03 or .1 percent, to $52.50. Canadian Pacific...
Bombardier train deal could total $10.8 billion
(Reuters Canada circulated the following on February 24, 2010.) TORONTO — Bombardier Inc. has signed a framework agreement with French National Railways that could add up to around 8 billion euros ($10.85 billion) for a total of 860 regional express trains. Bombardier...
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...
Nebkota railroad drops objection to rail line sale
(The following story by George Ledbetter appeared on the Chadron Record website on February 23, 2010.) CHADRON, Neb. — Nebkota Railway Inc. (NRI), the only company currently operating trains in Chadron, has withdrawn the objection it filed just two weeks ago to the...
STB schedules oral arguments for March 24
(The Surface Transportation Board issued the following on February 23, 2010.) WASHINGTON, D.C. —The Surface Transportation Board has scheduled an oral argument for Wednesday, March 24, 2010, at 9:30 a.m., at the STB's Washington headquarters. Board members will hear...
Diesel fuel price soars 7.6 cents
(The following story by Thomas L. Gallagher appeared on The Journal of Commerce website on February 23, 2010.) WASHINGTON, D.C. — Diesel prices across the United States jumped 7.6 cents over the past week, the first increase in six weeks, to their highest point since...
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