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Daily Headlines
Seniors boo VP candidate Paul Ryan at Medicare speech
(Source: The Hill, September 21, 2012) WASHINGTON, D.C. — Paul Ryan met loud boos and taunts, as well as deep skepticism, as he attacked President Obama's healthcare law at an AARP event Friday. The unwelcome reception was a clear sign of just how big a challenge...
T&I Democrats: Enough with the Amtrak hearings, already
(Source: Politico, September 21, 2012) WASHINGTON, D.C. — Democrats are sick and tired of Transportation & Infrastructure Chairman John Mica’s hearings on the passenger railroad. But before they could even complain at a Thursday hearing, the third in a series, Mica...
Amtrak to run test trains at 165 mph in Northeast
(Source: Associated Press, September 25, 2012) TRENTON, N.J. — Amtrak is going to break the speed limit in the Northeast Corridor. The rail service announced Monday that it will operate test trains overnight at 165 m.p.h. in four stretches from Maryland to...
Watch full secret video of private Romney fundraiser
(Source: Mother Jones, September 18, 2012) On September 17 and 18, Mother Jones published exclusive video that captured Mitt Romney speaking to donors at a May 17 fundraiser. The GOP presidential nominee told attendees of this $50,000-a-plate dinner that 47 percent of...
Railroad stocks mixed at close of September 19 trading
(Source: Associated Press, September 19, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on September 19, including Kansas City Southern, which fell 0.8 percent, and CP Rail, which rose 2.0 percent. Full story: CBS News
Anacostia Rail Holdings announces key management changes
(Source: Anacostia Rail Holdings press release, September 19, 2012) CHICAGO — Anacostia Rail Holdings announced John K. Secor is retiring as president of the Louisville & Indiana Railroad at the end of October 2012. Succeeding Mr. Secor is Michael D. Stolzman,...
Norfolk Southern expects third quarter results to be below third quarter 2011
(Source: Norfolk Southern press release, September 19, 2012) NORFOLK, Va. — Norfolk Southern Corporation announced that third quarter 2012 earnings are expected to be in the range of $1.18 to $1.25 per diluted share, primarily due to volume declines in certain markets...
CN says rival CP Rail will eventually catch up after Hunter Harrison fixes shortcomings
(Source: Canadian Press, September 19, 2012) MONTREAL — The head of Canadian National Railway says rival Canadian Pacific Railway will eventually catch up to its industry-leading performance with new CEO Hunter Harrison at the helm and it will benefit the entire...
GE engines to lose steam if high-speed rail judged too slow
(Source: Bloomberg News, September 19, 2012) WASHINGTON, D.C. — U.S. taxpayers have spent $1.5 billion to allow Union Pacific Corp.’s tracks between Chicago and St. Louis to carry faster passenger trains, one of the biggest projects in President Barack Obama’s...
Teamsters blast Romney for telling millionaires he regrets that unions would stop deep federal workforce cuts
(Source: International Brotherhood of Teamsters press release, September 19, 2012) WASHINGTON, D.C. — The Teamsters Union blasted Republican presidential nominee Mitt Romney today for saying that he wishes labor unions didn’t prevent him from slashing the federal...
