History
Month: February 2009
Amtrak
Amtrak Guest Rewards and Broadway’s Official Loyalty Program Join Forces
WASHINGTON — Amtrak Guest Rewards and Audience Rewards, the Official Loyalty Program of Broadway, announced an exciting new marketing partnership designed to promote and make theatre more accessible to Amtrak Guest Rewards members. Members of Amtrak’s program can transfer their points into Audience Rewards ShowPoints and Audience Rewards members can convert their ShowPoints to Amtrak Guest Rewards points. “Amtrak is a critical marketing partner for Broadway given the access and reach it provides to potential theatre goers from major markets such at Boston, Providence, New Haven, Philadelphia, and the Washington D.C. area. We believe this partnership will create exciting marketing
Canadian Pacific
Canadian Pacific Railway Limited Declares Dividend
CALGARY — The Board of Directors of Canadian Pacific Railway declared a quarterly dividend of $0.2475 per share on the outstanding Common Shares. The dividend is payable on April 27 to holders of record at the close of business on March 27 and is an eligible dividend pursuant to subsection 89(14) of the Income Tax Act. — PRNewswire-FirstCall
Amtrak
Two-Day Black History Month Celebration at Philadelphia 30th Street Station
WASHINGTON — Amtrak 30th Street Station in Philadelphia will celebrate Black History Month on Feb. 26 and 27, in the North Arcade reception area at the station. The celebration will take place from 10:00 am to 4:00 pm each day. The day will feature an array of talented African American entertainers showcasing poetry, spoken word, dramatic presentations, instrumental performances, individual singers, chorale lyricists and interpretive dancers. There will also be motivational and inspirational speakers throughout the day. A diverse group of individuals will be represented with participants ranging from ages 6-60. Local politicians have been invited to speak or participate
History
Commuter Rail
Oberstar: ‘Recovery’ Bill Will Benefit Rail Industry
WASHINGTON — The so-called “American Recovery and Reinvestment Act of 2009″ will help with rail infrastructure and help put Americans back to work, Rep. James L. Oberstar, D-Minn, said. “This bill is urgently needed to put Americans back to work,” Oberstar said. “The infrastructure investments funded by this bill will create good, family-wage jobs — jobs that cannot be outsourced to another country, because the work must be done here in the U.S. on our roads, bridges, transit and rail systems, airports, waterways, wastewater treatment facilities, and Federal buildings. “
Legislation
Oberstar, Brown Urge ‘Full Funding’ of HMEP
WASHINGTON — T&I Committee Chairman James Oberstar, D-Minn., and Rail Subcommittee Chairwoman Corrine Brown, D-Fla., wrote a letter to Transportation Secretary Ray LaHood to urge “full funding” of the Hazardous Materials Emergency Preparedness (HMEP) grant program at the $28.8 million authorization level.Among other things, the HMEP grant program helps governments develop and implement emergency plans and train fire fighters and other emergency personnel to respond to accidents and incidents involving hazardous materials. It has been projected that there will be a funding shortfall of $9.3 million in 2009. As a result, hundreds of thousands of emergency response personnel will not receive adequate
Commuter Rail
LA-Vegas Line Could Receive Billions
WASHINGTON — A Los Angeles-to-Las Vegas high-speed could receive $8 billion in federal funding. The funding for the line was included in the massive “stimulus” bill Congress is considering.
CSX
CSX Corp. Declares Quarterly Dividend
JACKSONVILLE, Fla. — The Board of Directors of CSX Corp. approved a $0.22 per share quarterly dividend on the company’s common stock. The dividend is payable on March 13 to shareholders of record at the close of business on Feb. 27. — PRNewswire-FirstCall
Canadian Pacific
Canadian Pacific Completes Common Share Offering
CALGARY — Canadian Pacific Railway announced it has completed its common equity offering of 13.9 million shares at $36.75 per share for total gross proceeds of $510.8 million, which includes the exercise in full of the underwriters over allotment option for 1.3 million shares. — PRNewswire-FirstCall