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RailNews: Alaska Railroad president to step down in January


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Alaska Railroad president to step down in January

Alaska Railroad President Bill Sheffield will step down in January 2001. The former governor, who has headed the state-owned railroad since 1997, says the line is back on course after a rough year involving three major derailments that spilled jet fuel and gasoline.

"I've had a lot of grief in my life, and I don't need more," Sheffield told the Anchorage Daily News last week. The tumultuous past year was a major factor in the decision to step down, Sheffield said.

Under Sheffield's watch, the railroad was able to obtain $250 million in federal funds for a much-needed upgrade of the line. It also improved its track and safety record after a spate of wrecks that began on October 31, 1999.


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