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President Obama's budget would boost rail funding

(Source: USA Today, February 2, 2015)

WASHINGTON, D.C. — President Obama's fiscal 2016 budget proposal would spend $5 billion on rail safety and development programs, including $550 million to update Amtrak's Northeast Corridor from Boston to Washington.

Full story: USA Today

Tuesday, February 3, 2015

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DAILY HEADLINES

• Kansas City Southern reports Q3 2019 results
• AAR: Rail traffic down again for week ending October 12, 2019
• U.S. rail volumes still falling
• UP sees workforce down by about 4,200 employees this year
• Trade war hurts UP’s profit; Railroad plans to cut more jobs, reduce spending
• UP Q3 coal transportation volumes fall 17% on year
• Tentative UAW-GM deal calls for raises, ratification bonus, Lordstown closure, pathway for temps
• Amtrak’s disappearing dining cars
• Illini and Saluki Amtrak routes among worst-performing in U.S., report says
• Virginia is planning an east-west passenger rail route connecting Blue Ridge Mountains to the beach
• RRB Q&A: Railroad Retirement annuities and pensions from work not covered by Railroad Retirement or Social Security
• Get the latest labor news from the Teamsters

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