Ottawa and the provinces need
to do a better job of coordinating policy on issues ranging from the
environment to tax reform, Canadian Pacific Railway Ltd.'s top executive said, The
Canadian Press reports. Canadian Pacific representatives have spent a lot of
time in Ottawa -- not to mention Washington -- making the case for removing
"artificial barriers in the form of regulation or legislation," Fred
Green told shareholders at the firm's annual general meeting.
Fees for transportation
impacts, business licenses and vehicle-license registrations all could be part
of a funding package the Kent, Wash., City Council may tap for funding city
street projects, according to the Kent Reporter. The Council conducted a second
workshop at City Hall to discuss how to fund an estimated $389 million worth of
projects over the next 25 years, including $137 million in grade-separation
projects for street and rail.
Mayor Richard M. Daley
and Chicago Transit Authority officials said that by May 31, one or more safety
cameras will have been installed at every one of the CTA's 144 rail stations.
Eleven Northeast states
from Maine to Maryland, with close support from Amtrak and the Coalition of
Northeastern Governors (CONEG), said they submitted a multi-state proposal
requesting that the Federal Railroad Administration lead a planning effort to
further define the role that intercity and high-speed passenger rail can play
in helping improve the region's transportation network, expand capacity,
relieve highway and aviation congestion, and stimulate sustainable economic
growth along the Northeast Corridor.
The Board of Directors of
Canadian Pacific Railway Limited declared an increase in CP's next quarterly
dividend to twenty seven cents ($0.27) Canadian per share on the outstanding
Common Shares, from twenty-four and three quarter cents (C$0.2475) per share.
The increased dividend is payable on July 26, 2010, to holders of record at the
close of business on June 25, 2010, and is an eligible dividend pursuant to
subsection 89(14) of the Income Tax Act.
On May 21 at 10:30 a.m.,
Long Island Rail Road President Helena Williams joined Babylon Village Mayor
Ralph Scordino, State Senator Owen Johnson, State Assemblyman Phil Boyle and
Suffolk County Legislator Wayne Horsley at a press conference and
groundbreaking ceremony for LIRR's new Babylon Train Wash Facility.
Pennsylvania has applied
for a $1.6-million federal grant from the High-Speed Intercity Passenger Rail
Program to study possible expansion of rail service between Ohio and New York
State through Erie, Governor Edward G. Rendell said. If selected for the
federal grant, PennDOT will invest $400,000 in state funds to complete the
Los Angeles-area Metrolink
maintenance crews will be performing work along Metrolink's Ventura Line
railroad tracks Memorial Day weekend. The track maintenance activities will
include the removal and replacement of crossties, rail and concrete panels at the
railroad crossing at Lindley Avenue between Parthenia and Napa Streets.
National Coal Corp. said its
wholly-owned subsidiary NC Railroad Inc has sold a shortline railroad that runs
between Oneida and Devonia, Tenn., to R.J. Corman Railroad Property LLC for $3
million, the Knoxville News-Sentinel reports.