July 2011 – Page 3 – Railfanning.org

CN Invests in Extended Sidings in Northern Ontario

July 19, 2011 Railfanning.org News Wire

TORONTO — CN announced plans to construct two more extended sidings on its Northern Ontario main line this year, bringing its investments in seven long sidings in this corridor to more than C$30 million. Two additional extended sidings, costing a total of C$10 million, are planned for this main line in 2012.

LaHood Announces $72.8 Million for Massachusetts to Cut Travel Time by Nearly 30 Minutes on Amtrak’s Growing Vermonter Line

July 13, 2011 Railfanning.org News Wire

WASHINGTON – U.S. Transportation Secretary Ray LaHood said travel time on Amtrak’s Vermonter line will be cut by nearly 30 minutes through a $72.8 million grant to the Massachusetts Department of Transportation.

Amtrak to Exceed 30 Million Passengers for the First Time Ever

July 13, 2011 Railfanning.org News Wire

WASHINGTON – Amtrak is projecting that for the first time ever its annual ridership will exceed 30 million passengers and in the process set a new all-time record when the current fiscal year ends Sept. 30.

CSX Increases 2011 Capital Investment to $2.2 Billion; Declares Quarterly Dividend

July 13, 2011 Railfanning.org News Wire

JACKSONVILLE, Fla. — The CSX Corp. Board of Directors authorized an increase in 2011 capital investment for certain asset purchases – primarily railcars to meet the growing near- and long-term demand for export coal.

STB: Ruling to Provide Greater Access to Processes

July 7, 2011 Railfanning.org News Wire

WASHINGTON — In an action officials say will provide greater public access to its processes, the Surface Transportation Board announced that it is reducing the fee charged shippers to file a railroad rate or unreasonable practice complaint from $20,000 to $350, and is maintaining the $150 fee to file an expedited small rate case.

CSX Corporation Names David Baggs as VP Capital Markets and Investor Relations

July 7, 2011 Railfanning.org News Wire

JACKSONVILLE, Fla. — CSX Corp. announced the promotion of David Baggs to vice president capital markets and investor relations, effective immediately. Previously, he was assistant vice president treasury and investor relations.