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Daily Headlines
Five key takeaways from Buffett’s 2013 letter to shareholders
(Source: Forbes, March 19, 2014) NEW YORK -- Warren Buffett’s annual letter to Berkshire Hathaway shareholders is a must read for every investor. As a Berkshire stockholder, I look forward to Buffett’s wit and wisdom every year. The letter’s value exceeds the sum...
CN’s CEO sees grain backlog extending into 2015
(Source: Reuters, March 19, 2014) TORONTO -- A record-shattering Canadian harvest, combined with one of the most frigid winters in decades, has created a grain-handling backlog that will not be cleared until next year, the head of Canadian National Railway (CN) said...
Maryland Holocaust bills targeting rail bidder would ‘complicate’ French talks, U.S. official says
(Source: Washington Post, March 18, 2014) WASHINGTON, D.C. -- Two Maryland bills that would block a Purple Line bidder until its French parent company pays Holocaust reparations would significantly “complicate” U.S.-French talks over such payments, according to the...
Harrisburg Rep. introduces bill that would prohibit SEPTA workers from striking
(Source: CBS Philadelphia, March 20, 2014) HARRISBURG, Pa. -- With another contract deadline having passed, a local lawmaker is once again introducing legislation that would prohibit SEPTA workers from going on strike. Montgomery County House Republican Kate Harper...
Extension of Maine’s passenger rail service explored
(Source: Portland Press Herald, March 20, 2014) PORTLAND, Maine -- Municipal leaders and rail advocates offered ideas Wednesday night for extending passenger train service south to New York City and north to Augusta, Auburn, Bangor and Montreal. Full story: Portland...
Passenger rail from Baton Rouge to New Orleans could cost as little as $10 a trip
(Source: The Times-Picayune, March 18, 2014) NEW ORLEANS, La. -- A trip on the proposed passenger train between Baton Rouge and New Orleans would take about an hour and 35 minutes with seven stops on the way, a recently released feasibility study says. The train,...
Arizona DOT solicits input on Tucson-Phoenix high-speed rail plans
(Source: Arizona Daily Star, March 20, 2014) TUCSON, Ariz. -- Through May 31, Arizonans have the chance to provide feedback at public events and online about three proposed routes for high-speed rail between Phoenix and Tucson. Each plan includes the same options for...
Who should run New Haven-Springfield rail service?
(Source: Hartford Courant, March 20, 2014) HARTFORD — Commuters along the I-91 corridor can expect a new way to get to work in late 2016 when trains begin running a relatively high-frequency schedule between New Haven and Springfield, transportation planners said...
Oil disaster preparedness targeted by Minnesota legislature
(Source: The Forum, March 19, 2014) ST. PAUL, Minn. -- Plans to train first responders such as firefighters to battle oil disasters are gaining traction in the Minnesota Legislature. Full story: The Forum
Metra needs new deals with freight railroads to improve performance
(Source: Chicago Tribune, March 19, 2014) CHICAGO -- With memories of the brutal winter still fresh, the Regional Transportation Authority recommended today that Metra should renegotiate its agreements with its freight railroad partners to make them more accountable...
