Rail Industry News
Federal income tax and Railroad Retirement benefits
(The U.S. Railroad Retirement Board issued the following on February 3, 2010.) 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 beneficiaries...
In Chicago, railroad quiet zones on the right track
(The following story by Joseph Ruzich appeared on the Chicago Tribune website on February 3, 2010.) CHICAGO — It's gotten a little quieter for residents living along the Canadian National Railway in three western suburbs. A long-anticipated quiet zone in Berwyn,...
NY MTA fails to honestly rate contractors’ work, report says
(The following story by Michael M. Grynbaum appeared on the New York Times website on February 3, 2010.) NEW YORK — Outside contractors working on the Metropolitan Transportation Authority’s biggest projects are routinely given positive evaluations despite mediocre...
Winter Haven pursues logistics center for CSX terminal
(The following story by Donna Kelly appeared on the News Chief website on February 3, 2010.) WINTER HAVEN, Fla. — The city of Winter Haven is moving forward on the Integrated Logistics Center to be developed in conjunction with the CSX Intermodal Terminal planned for...
Opinion: High speed rail lines bypass Georgia
(The following column by Chick Krautler appeared on the Atlanta Journal-Constitution website on February 3, 2010. Chick Krautler is director of the Atlanta Regional Commission.) ATLANTA — Atlanta is a region with a history of strong leadership that takes bold,...
Ohio eyes creative ways to pay for passenger train
(The Associated Press circulated the following story by Matt Leingang on February 2, 2010.) COLUMBUS, Ohio — Ohio is looking at other states for creative ways to pay for a new passenger train service connecting Cleveland and Cincinnati, hoping to minimize political...
CP Rail stock upgraded to ‘hold’
(The Associated Press circulated the following story by Stifel Nicolaus on February 2, 2010.) DALLAS — Shares of Canadian Pacific Railway Ltd. rose Monday after the broader market rallied and Stifel Nicolaus upgraded the railroad's stock to "hold" from "sell." Stifel...
STB backs shipper complaint on Union Pacific rates
(The following story by John D. Boyd appeared on The Journal of Commerce website on February 2, 2010.) WASHINGTON, D.C. — The Surface Transportation Board, in a split decision, ruled that Union Pacific Railroad charged “unreasonably high” rates to chlorine shipper...
Updated STB study: Railroads’ rate hikes not a market power play
(The following appeared on the Progressive Railroading website on February 2, 2010.) Rail rates have steadily increased since 2004, including a steep climb in 2008, but the price hikes were driven by fluctuating fuel prices and other costs, and not by a “greater...
Obama proposes fee for rail inspections
(The following story by John D. Boyd appeared on The Journal of Commerce website on February 3, 2010.) WASHINGTON, D.C. — President Obama’s budget proposes to have the Federal Railroad Administration start charging for some of its safety inspection services, to bring...
Obama’s budget includes $1.82 billion for 27 major construction projects
(The U.S. Department of Transportation issued the following on February 2, 2010.) WASHINGTON, D.C. — On Monday, President Obama proposed $1.82 billion in funding for 27 major transit construction projects that will create jobs and increase transportation options...
2 charged with setting off explosion on Va. tracks
(Associated Press circulated the following on February 1, 2010.) HARRISONBURG, Va. — Two Harrisonburg men have been charged with setting off an explosive device near James Madison University. The Harrisonburg Fire Department says 25-year-old Andrew J. Lavedan and...
New Lenox seeks agreement with CN
(The following story by Susan Demar Lafferty appeared on the Southtown Star website on February 2, 2010.) CHICAGO — New Lenox Mayor Tim Baldermann is "confident" that he soon will be talking to Canadian National Railway officials before the village's battle against...
CSX engine catches fire near Albany, hazardous materials on board
(The following story by Mike LaFave appeared at WKTV.com on February 1, 2010.) FRANKFORT CENTER, N.Y. — A CSX train engine caught fire near Dyke Road Monday evening. The Frankfort Center Fire Department was called to the scene about a mile east of Dyke Road around...
National environmental group brings second lawsuit against KC rail hub
(The following story by Brad Cooper appeared on The Kansas City Star website on February 1, 2010.) KANSAS CITY, Mo. — A national environmental group with deep pockets and specialized legal expertise is joining the effort to block a permit for one of the area’s biggest...
Opinion: All aboard high-speed rail!
(The following column by Guy Tridgell appeared on the Southtown Star website on February 2, 2010.) CHICAGO — A light smog blankets Chicago on an otherwise calm morning of 112 degrees - a tad cool for a summer day in 2020. I splash on sunscreen with SPF 182 and head...
Charges brought against man who made threats on Amtrak train
(The following appeared on the Star-Ledger website on February 1, 2010.) NEWARK, N.J. — An Elizabeth man who alarmed fellow passengers in Colorado by allegedly talking about terrorist threats on a cell phone faces a felony charge of endangering public transportation....
STB releases independent study on railroad competition
(The U.S. Surface Transportation Board issued the following on February 1, 2010.) WASHINGTON, D.C. — An independent team of consultants charged with looking at competitiveness in the U.S. rail industry has found that railroad rates have been steadily increasing since...
Railroad shares up at close of February 1 trading
(The Associated Press circulated the following on February 1, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: Burlington Northern rose $.11 or .1 percent, to $99.84. CSX rose $.97 or 2.3 percent, to $43.83. Canadian National...
NJ Transit, Amtrak trains running with delays after wire problem
(The Associated Press circulated the following on January 2, 2010.) NEWARK, N.J. — Amtrak and NJ Transit trains are rolling again, but passengers are facing residual delays of as long as 45 minutes. Service was disrupted this morning in and out of New York's Penn...
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