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Daily Headlines

BNSF cautions against CP’s takeover of NS

(Source: Financial Times, December 10, 2015) NEW YORK — North American railroads could face a wave of mergers that are detrimental to customers if regulators approve efforts by Canadian Pacific to take over Norfolk Southern, the executive chairman of the US’s...

Boston commuter train covers 5 miles without operator

(Source: CNN, December 10, 2015) BOSTON — A Boston area-commuter train carrying about 50 passengers -- but no operator -- coasted through several stations after power to a third rail was cut off once officials realized no one was at the controls, authorities said...

BNSF honors military families with holiday train rides

(Source: BNSF press release, December 9, 2015) FORT WORTH, Texas — BNSF Railway’s annual Holiday Express, which pays tribute to members of the U.S. military and their families, made its final stop in Nebraska earlier this week. During the five-day long train trip,...

Editorial: Transportation bill would move Amtrak in right direction

(Source: Editorial in the Washington Post, December 9, 2015) WASHINGTON, D.C. — DEEP IN the transportation bill Congress passed last week is a seemingly small but possibly critical change in funding for Amtrak, the country’s national passenger rail service. Lawmakers...

Contortions make rail deal a tough sell for William Ackman

(Source: New York Times, December 8, 2015) NEW YORK — William A. Ackman’s convoluted North American rail merger is a tough sell. Canadian Pacific revised its offer for the American railway operator Norfolk Southern on Tuesday to include an interim trust structure and...

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