WASHINGTON – 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.
“I am extremely pleased that the Amtrak board of directors has unanimously agreed to retain President and CEO Joe Boardman through 2013,” Amtrak board chairman Tom Carper said [...]

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.

SEATTLE – Amtrak Cascades has taken 2010 by storm with double-digit ridership growth and record breaking totals each month this year.
The second quarter of 2010 finished as the highest second quarter since 1994 with a total of 214,641 passengers. Compared to the second quarter of 2009, this is an increase of over 25,000 and nearly [...]

OAKLAND – Amtrak’s San Joaquin corridor is experiencing unprecedented ridership through California’s Central Valley this summer. As a result, the California Department of Transportation (Caltrans) and Amtrak California have added passenger cars to meet this demand.
Currently all twelve of the daily San Joaquin trains operate with a four-car configuration. Now through Labor Day, a fifth [...]

WASHINGTON – Amtrak is implementing the first step in a long-term, comprehensive fleet renewal plan with the purchase of 130 new single-level rail cars to support its long-distance train services.
The five-year, $298.1 million contract is being awarded to CAF USA which is creating 575 jobs to perform manufacturing and final assembly work at its plant [...]

NEW YORK — U.S. Transportation Secretary Ray LaHood announced $727,000 for the State of New York to continue work on its high-speed rail program with the rehabilitation of the Buffalo-Depew railroad station.
The Department of Transportation has provided New York $1.7 million of the $151 million awarded under the American Recovery and Reinvestment Act (ARRA) for [...]

MONTREAL — CN said it intends to purchase for cancellation up to two million of its common shares pursuant to private agreements between CN and an arm’s-length third-party seller.
The purchases will form part of CN’s 15-million share repurchase program announced on Jan. 26.
Such purchases will be made pursuant to an issuer bid exemption order issued [...]

NORFOLK, Va. — Earlier this month, Norfolk Southern’s Maintenance of Way and Structures Department completed $21 million in track, signal and bridge work in seven days on one if its primary coal lines in southwestern Pennsylvania.
The Mon Line extends approximately 85 miles from Pittsburgh to coal mines in Washington and Greene counties. In 2009, almost [...]

NORFOLK, Va. — Norfolk Southern’s Automotive Distribution Group recently received two Automotive Quality Excellence Awards for outstanding service from the Association of American Railroads (AAR).
The awards are based on rigorous, unannounced audits of rail-served automotive facilities throughout North America.
Norfolk Southern won the Highest Quality Review Score for Destination Facilities by achieving a perfect score of [...]

WASHINGTON — U.S. Transportation Secretary Ray LaHood and Wisconsin Gov. Jim Doyle have signed an agreement providing $46.5 million in American Recovery and Reinvestment Act funds for work to continue on the state’s aggressive high-speed rail program.
The funding is the latest installment from the $822 million that President Obama announced for Wisconsin high-speed rail from [...]