Railfanning.org News Wire

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Amtrak

Amtrak Board Names Thomas Carper of Illinois as Chairman

February 3, 2009 Railfanning.org News Wire
WASHINGTON – At its regularly scheduled meeting Jan. 29, Amtrak’s Board of Directors unanimously agreed to name Thomas Carper of Illinois as Chairman of the Board. Carper, who has served in various Illinois state and local government positions, including Mayor of the City of Macomb, has been a director on the Amtrak board since March 2008. At the same meeting former Chairman Donna McLean was named Vice Chairman, replacing Hunter Biden, who remains as a board member. “Everything we have done as a board, we’ve done as a unified body, and this change in our hierarchy is no exception,” Carper
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Commuter Rail

Mass Transit Could See More Bailout Money

February 3, 2009 Railfanning.org News Wire
WASHINGTON — Sens. Patty Murray, D-Wash., and Dianne Feinstein, D-Calif., proposed an amendment to the Congress’ bailout bill they say directs $25 billion to “immediately support” nearly 700,000 American jobs through highway, mass transit and water infrastructure investments. “Construction projects across the country have been put on hold because states simply don’t have the money to move forward. It’s time to stop hitting snooze on modernizing our communities and wake up to the fact that construction projects get Americans working today,” Murray said.  “This amendment invests in tried and true projects that get laid-off workers back on the job and
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Commuter Rail

UTA Adds Commuter Rail Service by Adding Train Shuttles on Weekdays

February 3, 2009 Railfanning.org News Wire
OGDEN, Utah — The Utah Transit Authority (UTA) is increasing FrontRunner service to its Pleasant View station by adding shuttle trains and buses between Ogden and Pleasant View starting Jan. 26. Patrons can connect to three Salt Lake City-bound trains from Pleasant View Station. Additionally, patrons can access four evening Pleasant View-bound trains from Salt Lake Central Station. UTA shares the five-mile track from Ogden to Pleasant View with the Union Pacific Railroad (UPRR). UTA opened limited FrontRunner service to Pleasant View on Sept. 27, 2008 with one morning and one evening train. At that time, UTA committed to work
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Commuter Rail

Federal Transit Administration Signs Agreement to Provide $428.3 Million to Fund Mid-Jordan Extension of TRAX Light Rail System

February 3, 2009 Railfanning.org News Wire
MIDVALE, Utah — Residents in the growing cities of Murray, Midvale, West Jordan and South Jordan will soon have more options for traveling to and from downtown Salt Lake, thanks to $428.3 million grant from the Federal Transit Administration. Acting FTA Administrator Sherry Little was joined by Utah Transit Authority (UTA) officials and local leaders this morning to sign the “full funding grant agreement” which commits the federal funds toward the project. “The Mid-Jordan extension is the latest federal down payment to support Utah’s visionary and ambitious effort to develop a world-class public transportation ‘backbone’ by 2015,” Little said. “This
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Canadian National

CN Closes Transaction to Acquire Elgin, Joliet and Eastern Railway

February 1, 2009 Railfanning.org News Wire
CHICAGO — CN has completed its acquisition of the principal lines of the Elgin, Joliet & Eastern Railway Company (EJ&E). The closing follows the Jan. 23, 2009, effective date of the Surface Transportation Board’s (STB) Dec. 24, 2008, decision approving the transaction. CN will now begin a measured, step-by-step integration of the acquired EJ&E lines to ensure a safe, efficient combination of the two rail operations. EJ&E operates over 198 main line miles of track encircling the City of Chicago from Waukegan, Ill., on the north, to Joliet, Ill., on the west, to Gary, Ind., on the southeast, and then
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Amtrak

Union Pacific Railroad Invests More Than $6 Million for Track Improvements from Kansas City to Jefferson City

January 30, 2009 Railfanning.org News Wire
OMAHA, Neb. — Motorists will spend less time at crossings waiting for trains to pass as a result of more than $6 million in track improvements made by Union Pacific Railroad to its Kansas City to Jefferson City line. The track improvements will allow trains to operate more efficiently on the route. When the project is complete, crews will have removed and installed more than 10 miles of rail in various curves between Kansas City and Jefferson City. Work will begin on these projects Feb. 1 and is scheduled to be completed by April 8. The Kansas City to St.
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CSX

RMI Announces Fourth Annual Fast Track Award Recipients

January 30, 2009 Railfanning.org News Wire
ATLANTA — RMI, the market leader and largest independent provider of accurate, reliable, comprehensive, and secure rail information services to the transportation industry, has announced its 2009 Fast Track Award winners. Now in its fourth year, the Fast Track Award program honors RMI customers who exemplify RMI’s goal to streamline processes and improve procedures in the rail industry. This year’s award recipients will be recognized in the 2009 Fast Track calendar. The Fast Track award is designed to recognize RMI’s RailConnect and ShipperConnect “power users,” those organizations that maximize the value of RMI’s services by implementing procedures resulting in more
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BNSF

BNSF Announces $2.7 Billion Capital Commitment Program

January 29, 2009 Railfanning.org News Wire
FORT WORTH, Texas — BNSF Railway Co. announced a planned 2009 capital commitment program of $2.7 billion, which is expected to be approximately $150 million lower than 2008. BNSF currently expects to spend $1.9 billion to refresh track, signal systems, structures, and freight cars, and to upgrade technologies. The Company also anticipates acquiring approximately 350 locomotives at a cost of about $675 million. These locomotives are about 15 percent more fuel efficient than the locomotives they will replace. “Our 2009 capital program reflects a continued focus on ensuring our infrastructure remains strong and improving the efficiency of our operations,” said
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Union Pacific

Union Pacific Reports Fourth Quarter Earnings Growth Driven By Productivity and Lower Energy Costs

January 29, 2009 Railfanning.org News Wire
OMAHA, Neb. — Union Pacific Corp. reported 2008 fourth quarter net income of $661 million, or $1.31 per diluted share, a 35 percent increase compared to $491 million, or $0.93 per diluted share for the fourth quarter of 2007. The company posted quarterly operating revenues of $4.3 billion in 2008 versus $4.2 billion in the fourth quarter 2007. Union Pacific posted solid earnings for the quarter and the year, despite numerous challenges,” said Jim Young, Union Pacific chairman and chief executive officer. “We increased profitability by operating a safe and efficient railroad that delivered excellent service and value for our