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Railroad Industry

December 3, 2006 | Dan Weikel, Times Staff Writer
New federal research shows that computer modeling can reliably predict when members of freight train crews have an increased risk of accident due to fatigue -- a finding that might help solve one of the most persistent safety problems in the railroad industry.
February 6, 1992
The Los Angeles City Council on Wednesday asked for a legal opinion on its latitude in supporting an effort by a longshoremen's union to retain 350 jobs in the South Bay. The dispute centers on plans by Southern Pacific Transportation Co., the railroad company, to end its contract Feb. 17 with a company that uses workers from the International Longshoremen and Warehousemen's Union, Local 13, to load shipping containers onto trucks and trains.
May 24, 1990 | From Associated Press
President Bush today vetoed a bill authorizing funds for Amtrak, the nation's rail passenger service, protesting a provision to bring railroad acquisitions under new government scrutiny. Bush said the provision "represents a step backward for the entire rail industry." It was Bush's first veto of 1990. He vetoed 10 measures last year and has yet to have one overturned.
July 31, 1985 | United Press International
The federal government, after 12 years of debate, today announced safety regulations for the railroad industry that will prohibit employees from reporting to work drunk or on drugs. Transportation Secretary Elizabeth Hanford Dole said the new rules, effective Nov. 1, "will protect the public and railroad employees from the consequences of on-the-job drug and alcohol use."
May 25, 1990 | From Associated Press
President Bush on Thursday vetoed a bill authorizing $2 billion in spending by Amtrak, complaining that the bill's expansion of federal regulation over railroad acquisitions "represents a step backward for the entire rail industry." Bush took issue with a provision that would require the Interstate Commerce Commission to approve the acquisition of railroads by non-railroad companies.
April 12, 2000 | Associated Press
Chase Manhattan Corp. said it's paying $7.6 billion in cash and stock for Robert Fleming Holdings Ltd., a British investment bank and asset management group, in a bid to help it become a bigger player in global investment banking. Chase, the third-largest U.S. bank with about $406 billion in assets, has agreed to pay $4.1 billion in cash and $3.5 billion in common stock for Robert Fleming, one of Britain's last independent financial companies. The deal requires regulatory approval.
November 1, 1998
SCOTT R. BAUGH Baugh forged a solid reputation on both sides of the aisle despite a looming felony trial on campaign wrongdoing charges. * Party: Republican * Age: 36 * Residence: Huntington Beach * Education: Bachelor's degree in business administration, Liberty University, 1984; law degree, McGeorge College of Law, 1987. * Career highlights: Former railroad industry lawyer.
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