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Daily Headlines
Railroad stocks mixed at close of October 8 trading
(Source: Associated Press, October 8, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on October 8, including CN, which fell 0.2 percent, and Norfolk Southern, which rose 0.6 percent. Full story: CBS News
Norfolk Southern to announce 3Q 2012 results on October 23
(Source: Norfolk Southern press release, October 8, 2012) NORFOLK, Va. — Norfolk Southern Corporation will present its third-quarter 2012 earnings on Tuesday, Oct. 23, 2012, at 4:30 p.m. EDT via teleconference and live Internet webcast. The company will issue its...
NJ Transit investigating what caused wheel to run off rail in Hoboken
(Source: NorthJersey.com, October 8, 2012) HOBOKEN, N.J. — NJ Transit is investigating what caused the wheel of a locomotive engine to run off a rail at a Hoboken rail yard Monday morning. No one was injured in the incident, which occurred at about 7:30 a.m., when a...
Teamsters, UPS start contract negotiations
(Source: The Press-Enterprise, October 8, 2012) RIVERSIDE, Calif. — UPS and the Teamsters are still almost a full 10 months away from the expiration of their contracts. But the two sides began negotiations on Sept. 27, and both sides are hoping they can settle their...
Railroad stocks up at close of October 5 trading
(Source: Associated Press, October 5, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on October 5, including CSX, which rose 0.6 percent, and Union Pacific, which rose 0.5 percent. Full story: CBS News
Amtrak says book early for Thanksgiving travel
(Source: Amtrak press release (PDF), September 27, 2012) WASHINGTON, D.C. — In anticipation of its busiest travel week of the year, Amtrak is encouraging passengers to plan ahead for Thanksgiving travel and book their tickets early for best availability and pricing....
Oklahoma to sell 350 miles of track to Union Pacific
(Source: Associated Press, October 8, 2012) OKLAHOMA CITY, Okla. — Oklahoma transportation officials are to conclude a deal with Union Pacific railroad that was 30 years in the making, which would give Union Pacific ownership of 350 miles of rail lines in the state....
In Missouri, Amtrak ridership up 74% in five years
(Source: Associated Press, October 8, 2012) JEFFERSON CITY, Mo. — Missouri transportation officials say ridership on Amtrak passenger trains in the state has grown by 74 percent over five years. Full story: St. Louis Post-Dispatch
Looming fund cuts endanger Amtrak’s Keystone line
(Source: Philadelphia Inquirer, October 7, 2012) PHILADELPHIA — The popular Keystone rail service between Philadelphia and Harrisburg, Amtrak's fourth-busiest route, could face serious cutbacks next year because of reduced federal subsidies. Amtrak will end its $8...
Future railport will open Clinton County to the world
(Source: Quad City Times, October 7, 2012) DAVENPORT, Iowa — For better than a decade, economic development and community leaders here have held tight to a plan for growing jobs in the region by connecting to one of Union Pacific’s busiest rail lines, which runs...
