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Daily Headlines
Norfolk Southern 3Q 2012 profit falls 27 percent from 3Q 2011
(Source: Virginian Pilot, October 24, 2012) NORFOLK, Va. — Norfolk Southern Corp. on Tuesday reported that third-quarter profit fell 27 percent from the same period a year ago. Full story Virginian Pilot
Mitt Romney’s tax dodge
(Source: Rolling Stone, October 12, 2012) How does a private-equity kingpin worth at least $250 million pay a lower tax rate — just 14 percent — than many teachers and firemen? By exploiting tax loopholes that favor the rich and hiding his money in the world's most...
VP Biden chats on phone with thousands of Teamsters
(Source: Teamster Nation, October 24, 2012) Vice President Joe Biden joined thousands of Teamsters on a phone call last night, along with General President Jim Hoffa and General Secretary-Treasurer Ken Hall. The topic: How important the Nov. 6 election is to union...
Union Pacific’s one-of-a-kind equipment expedites track renewal
(Source: Omaha World-Herald, October 23, 2012) OMAH, Neb. — Union Pacific's modern track renewal train called the TRT 909 — the only one in North America — is replacing rail and installing concrete ties on a 34-mile stretch of railroad that runs parallel to the...
Amtrak chairman reports Toledo has busiest Amtrak station in Ohio
(Source: Toledo Free Press, October 22, 2012) TOLEDO, Ohio — Toledo continues to have the busiest Amtrak passenger station in the state of Ohio, according to Amtrak Chairman Thomas Carper who was the keynote speaker at the Passenger Rail Forum held Oct. 22 in Toledo....
Ohio lacks passenger rail support, Amtrak Chairman says
(Source: Toledo Blade, October 23, 2012) TOLEDO, Ohio — Ridership has "exploded" on several Illinois routes after the state government agreed to pay for additional trains, the passenger-train company's chairman told a luncheon rail forum Monday at the Toledo Club. But...
SEPTA’s new rail cars have joined the fleet, but there’s no money for more
(Source: Philadelphia Inquirer, October 23, 2012) PHILADELPHIA — Now that SEPTA has finally received most of its 120 new Silverliner V rail cars, the transit agency faces another major issue: when to replace the cars' aging predecessors, the 231 Silverliner IVs that...
Hoffa on third debate: President stands up to China, for auto workers
(Source: Official statement of Teamsters General President Jim Hoffa, October 23, 2012) WASHINGTON, D.C. — "Last night’s debate offered a clear view into the differences between President Obama and Mitt Romney on issues of importance to working families. Romney's weak...
In a natural gas glut, big winners and losers
(Source: New York Times, October 20, 2012) NEW YORK — The nation is awash in so much natural gas that electric utilities, which burn the fuel in many generating plants, have curbed rate increases and switched more capacity to gas from coal, a dirtier fossil fuel....
AAR: Intermodal volume up 2.6 percent over 2011 for week ending October 13
(Source: Association of American Railroads press release, October 18, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed weekly rail traffic for the week ending October 13, 2012, with U.S. railroads originating 285,089 carloads,...
