UP locomotive honors SP people
Another tribute to a great railroad is riding the rails. The latest addition to Union Pacific’s “Heritage Series” of locomotives, the Southern Pacific locomotive, was introduced Saturday during a special employee event in Roseville, Calif.
The new locomotive incorporates Southern Pacific’s historic colors, especially “Daylight Orange,” and graphic elements to honor the men and women of the often called the “Espee.” The paint scheme is not in the SP’s style.
“The railroads that are now a part of Union Pacific added more than track and territory, they also contributed the expertise and knowledge of the many people who worked for those great lines,” said Bob Turner, senior vice president-Corporate Relations.
The Southern Pacific joins the Chicago & North Western locomotive unveiled in July, the Denver & Rio Grande Western rolled out in June, the Katy engine introduced in September 2005, and the Missouri Pacific and Western Pacific locomotives unveiled in July 2005.
Founded in 1865 by a group of businessmen in San Francisco, the Southern Pacific was created as a rail line from San Francisco to San Diego. Through the years the line expanded to more than 13,000 miles of rail covering most of the southwestern U.S.
APTA objects to tax code
American Public Transportation Assn. President William W. Millar recently said he wrote a letter to the U.S. Treasury Dept. protesting what he termed an “unfair excise tax.”
His letter, dated August 11 and addressed to “Reviewing Officials,” stated he was responding to a call from Treasury’s request for comments on provisions of the recently enacted Tax Increase Prevention and Reconciliation Act of 2005.
It “appears to affect public transit agencies that entered into Sale In/Lease Out or Lease In/Lease Out (SILOs or LILOs) transactions,” he stated.
“In brief, it appears that new Internal Revenue Code section 4965 created by TIPRA could impose an excise tax on transit systems of a significant portion of the proceeds and income of such transactions allocable to current and future taxable years.”
He asked Treasury to “not to apply TIPRA’s excise tax to transit agency transactions lawfully entered into before its effective date.”
APTA has more than 1,500 member organizations, and is a non-profit international trade association including commuter railroads; transit systems; planning, design, construction and financial firms; product and service providers; academic institutions; and state associations and departments of transportation.