[Congressional Record Volume 154, Number 153 (Thursday, September 25, 2008)]
[Extensions of Remarks]
[Page E2008]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


[[Page E2008]]
                        HONORING ANDY F. REARDON

                                 ______
                                 

                         HON. JAMES L. OBERSTAR

                              of minnesota

                    in the house of representatives

                      Thursday, September 25, 2008

  Mr. OBERSTAR. Madam Speaker, today, I am pleased to honor Mr. Andrew 
F. Reardon, who will retire later this year from his position as 
Chairman and CEO of TTX Company. His retirement will mark the end of a 
distinguished career in the railroad industry that has spanned more 
than three decades.
  When Andy began working for the St. Louis and San Francisco Railroad 
in 1977, the nation's railroads were on the precipice of disaster, with 
much of the eastern railroads in bankruptcy or under federal control 
and the western railroads failing to earn their cost of capital. Andy 
played an important role in the rail renaissance by holding key 
positions at Union Pacific, Burlington Northern, and Illinois Central. 
In 1990, Andy served on the Railroad Retirement Board and helped it 
achieve a sound financial footing. His service to the industry 
continued at TTX Company, which he joined in 1992, and culminated in 
his appointment as President and CEO of TTX Company in 2000.
   Under Andy's stewardship, TTX has grown, increased its financial 
stability, and become more innovative in its design and deployment of 
rail equipment to the nation's freight rail carriers. America's freight 
railroads are a unique asset to the nation, and TTX Company, which 
helps shippers save money by providing them access to the nation's 
largest specialty rail car fleet, has been an important contributor to 
that success.
  This past June, Andy was promoted to the post of Chairman and CEO of 
TTX, a fitting reward for a man who has led his company and industry 
into the 21st century well-equipped to meet the challenges ahead.

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