House Resolution [H.R.} 233, the Railroad Antitrust Enforcement Act of 2009, currently being considered by Congress, would damage the public interest and severely distort the relationship between regulation and antitrust laws, the Association of American Railroads said Tuesday.
Washington sources said Monday that railroads and shippers are expected reach agreement on so-called "re-reg" legislation within about two weeks following intense and highly confidential negotiations involving all the key players: carriers, "captive shippers," legislators
Christine Barney, a former Federal Trade Commissioner who has been nominated by President Obama to be the chief antitrust enforcement officer at the Department of Justice, thinks legislation to take away the railroads’ remaining antitrust exemptions is “terrific.”
Fortune magazine has awarded Union Pacific the title of “Most Admired” railroad in its annual survey of American companies, Fortune said. UP scored first among all railroads in the key areas of innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, and global competitiveness.
Gov. David A. Paterson Monday released the 2009 New York State Rail Plan with a “comprehensive strategy forsupporting freight and intercity passenger rail service.”
Northern California’s Capitol Corridor Joint Powers Authority (CCJPA) says it’s prepared to target up to $98 million in federal Stimulus Package funding to 10 “shovel-ready” projects, and has the list prepared for federal officials to evaluate March 9, when CCJPA representatives will be in Washington. Total cost of the projects involved is $144 million.
Canadian Pacific subsidiary Dakota, Minnesota and Eastern Railroad can proceed with a $6 billion plan to extend rail right-of-way 262 miles west of Wall, S.D., to Wyoming’s Powder River Basin coal fields, the South Dakota Transportation Commission ruled Wednesday.
A national traveling exhibit depicting the impact made by U.S. railroading will arrive at the MercantileLibrary at the University of Missouri-St. Louis on Saturday, March 7, where it will run through Sept.
Dapco Technologies, a service arm of Ridgefield, Conn.-based Dapco Industries, has been renamed Nordco Rail Services to emphasize the company’s role in both rail diagnostic services and engineering. The company also announced a new president, Chris Smitka, and has relocated to a new facility in Lee’s Summit, Mo.
Southwest Signal Engineering Co. announced Monday that it has changed its corporate name to Xorail Inc. (pronounced “Zo-rail”). The move complements the company’s actions last September, when the provider of signal and communications services to the railroad industry and other sectors formed a separate construction subsidiary, called Xorail Construction Services, which specializes in construction services for railroads.