Miscellaneous
Year: 2009
Union Pacific
Union Pacific Railroad Officially Opens One of North America’s Tallest Double-Track Railroad Bridges
OMAHA, Neb. — Union Pacific Chairman and CEO Jim Young, Iowa Department of Transportation Director Nancy Richardson and Boone, Iowa, Mayor John Slight commemorated one of North America’s tallest double-track railroad bridges, the new Kate Shelley Bridge in Iowa spanning the Des Moines River. Young, Richardson and Slight rode a Union Pacific train over the bridge, which is more than 2,800 feet long and 190 feet high. Representing an investment of more than $50 million by Union Pacific, the structure improves operating efficiency, supports growth in Union Pacific’s customers’ businesses and delivers increased freight capacity on the railroad’s busy corridor
BNSF
NTSB Releases Info on Fatal Iowa Wreck
WASHINGTON — In its continuing investigation of a freight train accident in July in Iowa, killing two, the NTSB has developed the following factual information: — At approximately 2:08 a.m. CDT on July 14, 2009, a southbound Dakota, Minnesota and Eastern Railroad (DME) train consisting of two locomotives and 83 freight cars collided with railcars that had been placed on a track on the west side of the Bettendorf rail yard (located in the city of Bettendorf, Iowa) by a BNSF train crew. Both of the crewmembers on the DME train, an engineer and a conductor, were fatally injured in
Canadian Pacific
Canadian Pacific Announces 2009 Holiday Train Campaign
MINNEAPOLIS — Canadian Pacific’s brightly decorated Holiday Train returns to the rails in late November, raising food, money and awareness for food banks across North America. Last year, the Holiday Train helped raise more than $500,000 and 250,000 lbs of food and there is greater need this year. “Canadian Pacific is proud to support communities where we operate, raising more than $4 million in funds and two million pounds of food in the Holiday Train’s first decade,” said CP President and CEO Fred Green. “Each year, the Holiday Train’s message gets stronger and the impact on our employees and in
Canadian Pacific
United Steelworkers, Canadian Pacific Reach Three Year Contract Settlement
MONTREAL — Canadian Pacific and the United Steelworkers (USW), Local 1976, representing 1,100 clerical and intermodal workers, have announced the ratification of a three-year contract settlement. The agreement provides for a six per cent wage increase for the three years spanning 2010 to 2012.
Safety
Transportation Fatalities Down in 2008
WASHINGTON — Transportation fatalities in the United States decreased by almost 10 percent in 2008 from 2007, according to preliminary figures released by the National Transportation Safety Board. This marks the third consecutive year of decreasing transportation fatalities. “While the statistics reveal an encouraging trend line, there is still much work to be done to ensure that fewer families each year will face losing a loved one in a transportation accident,” said NTSB Chairman Deborah A.P. Hersman. “We at the NTSB will continue to press hard advocating improvements in all modes of transportation to keep this trend moving in the
Norfolk Southern
Norfolk Southern’s TheFutureNeedsUs.com Focuses on the Benefits of Partnerships and Rail Corridors
NORFOLK, Va. — Norfolk Southern has launched a new Web site focusing on the benefits of its corridor and public-private partnership projects. The Web site, TheFutureNeedsUs.com, describes projects to increase rail freight transportation capacity and improve mobility and the environment. Information is provided for projects in Alabama, Mississippi, Pennsylvania, Tennessee, Virginia, and West Virginia, where governors Riley, Barbour, Rendell, Bredesen, Kaine, and Manchin are leaders in supporting transportation solutions. The site outlines how upgrading the Crescent Corridor — the existing 2,500-mile rail route from the Southeast to the Northeast — will support a stronger economy, less highway congestion, cleaner air,
Norfolk Southern
Norfolk Southern Unveils Experimental Electric Locomotive
ALTOONA, Pa. — Norfolk Southern unveiled the latest in alternative energy locomotive technology at its Juniata Locomotive Shop in Altoona, Pa. NS 999 is a prototype 1,500-horsepower switching locomotive that relies solely on rechargeable batteries for power. “At Norfolk Southern we strongly subscribe to the view that sustainability and reducing our carbon footprint are solid business objectives that also provide enormous benefits to the communities we serve,” said CEO Wick Moorman. “By utilizing regenerated kinetic energy of the train and with no diesel exhaust emissions, NS 999 achieves those goals. “This prototype locomotive was developed by Norfolk Southern, with the
STB
STB: Calculates Rail Industry’s Cost of Capital for 2008
WASHINGTON — The Surface Transportation Board announced it has issued its decision calculating the railroad industry’s cost of capital for 2008. In Railroad Cost of Capital — 2008, STB Ex Parte No. 558 (Sub-No. 12), the Board found that the rail industry’s after-tax cost of capital for 2008 was 11.75 percent. Last year, the cost-of-capital was 11.33 percent. The Board uses the cost of capital figure in evaluating the adequacy of individual railroads’ revenues each year. It also uses the figure when determining the reasonableness of a challenged rail rate, considering a proposal to abandon a rail line or valuing
CSX
New CSX Intermodal Services Link Buffalo with Major East Coast Ports
BUFFALO, N.Y. — CSX Intermodal (CSXI) has begun two new international services that link Buffalo, N.Y., to the Port Authority of New York and New Jersey (PANYNJ) and Philadelphia, Pa. The services, which started Sept. 21, utilize the new CSXI Buffalo Terminal opened in 2008, with the support of the New York Department of Transportation and Erie County, increasing CSXI’s presence in the Buffalo and Toronto markets. On-dock service destined for Buffalo from the Elizabeth Marine Terminal (EMT) at the PANYNJ will be available on the second day after departure; Buffalo traffic destined for EMT will be available on the