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Daily Headlines
Is Detroit really broke? Crucial bankruptcy trial to begin
(Source: Associated Press, October 22, 2013) DETROIT — A judge starts exploring that question Wednesday in an unusual trial to determine whether Detroit indeed is eligible to scrub its books in the largest public bankruptcy in U.S. history. Unions and pension funds...
AARP warns TPP trade deal could lock in high drug prices
(Source: The Hill, October 23, 2013) WASHINGTON, D.C. — The powerful senior lobby AARP is pressing negotiators to reject plans to include language in major trade deal that would bind the United States to a 12-year market exclusivity period for makers of brand-name...
Operation Lifesaver offers lifesaving educational tools for school bus drivers
(Source: Operation Lifesaver press release, October 23, 2013) GRAND RAPIDS, Mich. — Every school day, 480,000 yellow buses transport children to and from schools throughout the United States, over roads with more than 200,000 railroad grade crossings. According to...
Union Pacific director sells $652,512 in stock
(Source: Zolmax News, October 23, 2013) OMAHA, Neb. — Union Pacific Corp. Director Erroll Davis, Jr. sold 4,200 shares of the stock in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $155.36, for a total transaction of...
NY Gov. Cuomo seeks ‘bold’ funding plans
(Source: Albany Times Union, October 23, 2013) ALBANY, N.Y. — Planners in Amsterdam are looking at moving the city's Amtrak station closer to downtown — and farther from the flood-prone Mohawk River.They say that should protect the station from floods and could also...
Pennsylvania’s former governor lends support to transportation bill that would fund SEPTA
(Source: Delaware County Times, October 23, 2013) HARRISBURG, Pa. — Former Pennsylvania Gov. Ed Rendell joined with Democratic leaders and election candidates at the front of the Media Courthouse for a push on the bill which would add $2.5 billion to infrastructure...
Widow seeks permission to continue 2012 lawsuit against MMA Railway
(Source: Portland Press Herald, October 24, 2013) PORTLAND, Maine — The widow of a railroad worker crushed to death in 2012 when two 1,500-pound rolls of newsprint fell out of a Montreal, Maine & Atlantic Railway car has been forced to put her wrongful-death lawsuit...
California high-speed rail Chairman sets the record straight
(Source: Sacramento Bee, October 23, 2013. The following is a letter to the editor by Dan Richard, Chairman of the California High-Speed Rail Authority.) SACRAMENTO, Calif. — In his recent column about California’s high-speed rail project, Dan Walters, wittingly or...
Canada rail stocks reach record as profits beat estimates in 3Q 2013
(Source: Bloomberg News, October 23, 2013) NEW YORK — Canadian Pacific Railway Ltd. (CP) and larger rival Canadian National Railway Co. surged to record highs after the companies reported third-quarter earnings that beat analysts’ estimates. Both companies benefited...
Opinion: Does Gainford oil train derailment help clear a track for pipelines?
(Source: Edmonton Journal, October 22, 2013) EDMONTON — If there was any good news out of the Gainford derailment and explosion on the weekend, it’s that nobody was killed or injured. Full story: Edmonton Journal
