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Daily Headlines

Buffett rail rally defies analysts seeing end to gains

(Source: Bloomberg News, June 6, 2013) NEW YORK — Investors are driving railroad stocks to the best start to a year since 2008, looking past downgrades by Wall Street analysts, in a bet that Warren Buffett is right about the carriers’ long-term prospects. Full story:...

At 310-mph, Japan’s new maglev train is world’s fastest

(Source: The Telegraph, June 5, 2013) The new generation L0 Series trains, which employ the latest magnetic levitation technology instead of conventional wheels, will begin commercial services in 2027. Full story: The Telegraph

Schumer to CSX: Don’t ignore town’s flooding problems

(Source: The Post-Standard, June 4, 2013) WASHINGTON, D.C. — The mayor of Minoa, frustrated with persistent village flooding that he blames on clogged CSX Corp. drainage ditches, has turned to U.S. Sen. Charles Schumer for help dealing with the freight railroad. Mayor...

Union Pacific making Missouri infrastructure improvements

(Source: Union Pacific Railroad press release, June 5, 2013) OMAHA, Neb. — Union Pacific Railroad will strengthen Illinois' and Missouri's transportation infrastructure by investing more than $20 million in the rail line between Chester and near Scott City, Mo. The...

Operation Lifesaver brings its safety message to the world of transit

(Source: Operation Lifesaver press release, June 5, 2013) PHILADELPHIA — Operation Lifesaver, Inc.’s (OLI) President and CEO Joyce Rose told attendees of the American Public Transportation Association 2013 Rail Conference that with record-breaking ridership on the...

Panama Canal upgrade could increase container traffic through W.Va.

(Source: The State Record, May 30, 2013) CHARLESTON, W.Va. — Shipping freight by container is a larger part of the rail freight traffic than it has been in the past, and it could get a big boost in the eastern United States in 2015 when expansion of the Panama Canal...

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