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March 6, 2013
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Daily news coverage of the railroad industry

  Industry Update 
  Infrastructure & Economic Spotlight  
  • Obama seeks budget-deal support from Republicans
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    Putting talks with GOP leaders on the back burner for a while, President Barack Obama is reaching out to rank-and-file Senate Republicans to build support for a budget deal with higher taxes to pay down U.S. debt. Obama told senators that he is willing to make changes in health care and retirement programs to get a budget compromise that includes higher taxes. The Washington Post (3/5), Bloomberg (3/6) LinkedInFacebookTwitterEmail this Story

  • CSX: 2013 capex plan puts primary focus on customers
    CSX's capital spending plan this year "starts with the customer," which is the railroad's leading core value in its pursuit of customer satisfaction, said CSX President and CEO Michael Ward. In this interview, Ward and two other CSX executives share their insights on how the company's $2.3 billion investment plan will take shape and provide for its customers' specific needs. (3/5) LinkedInFacebookTwitterEmail this Story
  • NS touts importance of 100-year-old Ohio River bridge
    Norfolk Southern's bridge over the Ohio River between South Point, Ohio, and Kenova, W.Va., is a vital part of the railroad's operations and the Heartland Corridor, NS said. The Class I recently celebrated the bridge's 100-year anniversary. "The bridge has undergone major upgrades several times during the past century and its excellent condition is a reflection of the industry's continual investment, without taxpayer dollars, to give the nation an economic competitive edge," said Jim Carter, NS chief engineer. RT&S online (3/5), (3/5) LinkedInFacebookTwitterEmail this Story
  • Amtrak leverages record ridership to reduce dependency on feds
    Amtrak plans to capitalize on its rising passenger count as a way to augment funding sources for its operations and lessen its dependence on federal funding, said Amtrak President and CEO Joe Boardman. However, federal assistance is still needed, Boardman said to the House Transportation and Infrastructure Committee. "If we are to realize rail's potential, we will need much higher levels of federal capital funding," he added. (3/5) LinkedInFacebookTwitterEmail this Story
  Safety & Security 
  • Operation Lifesaver notes decline in collision, crossing incidents
    Rail trespassing incidents rose last year, but vehicle-train collisions and highway-rail grade crossing incidents posted significant declines from the previous year's level, according to Operation Lifesaver. "We are gratified with the continued improvement in highway-rail grade crossing collisions, but educating a distracted public in order to reduce trespassing injuries and fatalities continues to be a challenge," said OLI President and CEO Joyce Rose. (3/5) LinkedInFacebookTwitterEmail this Story
Every time you spend money, you're casting a vote for the kind of world you want."
--Anna Lappé,
American writer, speaker and activist

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