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Home2010

Year: 2010

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FRA

Railroad Industry Collaboration Enters New Phase in Working to Prevent Employee Switching Fatalities

August 16, 2010 Railfanning.org News Wire
Federal Railroad Administrator Joseph Szabo praised the work of the Switching Operations Fatality Analysis (SOFA) Working Group and issued a call to action for the rail industry to take steps to help prevent railroad employee deaths.

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BNSF

BNSF Logistics Selected to Inbound Logistics Top Ten List

August 16, 2010 Railfanning.org News Wire
BNSF Logistics LLC has been named one of the top logistics providers for the seventh consecutive year by readers of Inbound Logistics magazine in its annual “Top 10 3PL Excellence” awards program.

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Amtrak

N.J. Transit Applies for High Speed Rail Funding

August 13, 2010 Railfanning.org News Wire
N.J. Transit said it is seeking $885 million in new federal funding for the renewal and replacement of key infrastructure on the Northeast Corridor, such as aging bridges, power supply and signal systems between Trenton and New York City.

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BNSF

Berkshire Hathaway Operating Earnings Increase

August 8, 2010 Railfanning.org News Wire
Berkshire Hathaway operating earnings for the second quarter and first six months of 2010 increased 72.7 percent and 52.0 percent from the comparable periods in 2009.

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FRA

Federal Railroad Administration Announces High-Speed Rail Grants

August 7, 2010 Railfanning.org News Wire
Colorado has received $400,000 and Vermont $500,000 under the Federal Railroad Administration’s (FRA) High-Speed Intercity Passenger Rail (HSIPR) Program grant program funded from fiscal year 2009 appropriations.

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Canadian Pacific

Canadian Pacific Railway Declares Dividend

August 6, 2010 Railfanning.org News Wire
The Board of Directors of Canadian Pacific Railway declared a quarterly dividend of twenty seven cents Canadian per share on the outstanding Common Shares.

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FRA

U.S. Transportation Secretary LaHood Announces up to $25 Million for High-Speed Passenger Rail Research

August 6, 2010 Railfanning.org News Wire
U.S. Transportation Secretary Ray LaHoodsaid the Federal Railroad Administration (FRA) is soliciting research proposals to foster rapid development of high-speed and intercity passenger rail service technologies in the United States.

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Canadian National

Port of Quebec, Terminals and CN Work to Reduce Quebec City-Toronto Transit Times by 30 Percent

August 6, 2010 Railfanning.org News Wire
The Port of Quebec, a terminal operator at the port, and CN said a service arrangement that will reduce transit times for shipments destined to Toronto to 38 hours from 53 hours, an improvement of almost 30 per cent.

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Amtrak

Amtrak Board Extends Boardman’s Contract

July 31, 2010 Railfanning.org News Wire
At the July 29 Amtrak board of directors meeting, the board voted unanimously to extend the contract of current President and CEO Joseph Boardman through 2013.

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Union Pacific

Union Pacific Corporation Declares Quarterly Dividend of 33 Cents Per Share

July 31, 2010 Railfanning.org News Wire
OMAHA, Neb. – The Board of Directors of Union Pacific Corp. has declared a quarterly dividend of 33 cents per share on its common stock, payable October 1, 2010, to stockholders of record August 31, 2010. Union Pacific has paid dividends on its common stock for 111 consecutive years.

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