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Daily Headlines

BNSF plans capital improvement programs in Colorado, Wyoming

(Source: BNSF Railway press releases, June 19, 2012) FORT WORTH, Texas — BNSF Railway Company (BNSF) plans to invest an estimated $80 million on maintenance and rail capacity improvement and expansion projects in Colorado this year. BNSF's 2012 capacity enhancement...

Union Pacific to make infrastructure improvements in Nebraska

(Source: Union Pacific press release, June 21, 2012) OMAHA, Neb. — Union Pacific Railroad is enhancing Nebraska's transportation infrastructure by investing more than $22 million in the rail line that runs between O'Fallons and the Wyoming border. The project is in...

DOT announces assistance for veterans seeking jobs in transportation

(Source: Department of Transportation press release, June 21, 2012) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood and U.S. Veterans Affairs Secretary Eric Shinseki today unveiled a new portal on their departments’ websites designed to help military...

Railroad stocks down at close of June 21 trading

(Source: Associated Press, June 21, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on June 21, including CSX, which fell 1.6 percent, and Union Pacific, which also fell 1.6 percent. Full story: CBS News

Raleigh gets $21 million federal grant for train station plans

(Source: News Observer, June 21, 2012) RALEIGH, N.C. — The city has landed a $21 million federal grant to begin work on a Grand Central-style train station planned in downtown’s warehouse district. The TIGER grant means the city can begin track and signal upgrades...

Ferrari train driving high-speed rail renaissance

(Source: CNN, June 22, 2012) ROME, Italy — As chairman of Ferrari, Luca di Montezemolo is used to making things that move at breakneck speed. But rather than flashy sports cars for wealthy motor enthusiasts, the Italian businessman's latest high-velocity project aims...

Farm bill study of captive rail shippers passes Senate

(Source: Journal of Commerce, June 21, 2012) WASHINGTON, D.C. — The pricing complaints of captive agriculture shippers, or railroad customers dependent on a single carrier, could gain a wider audience through a recently approved amendment to the Farm bill, according...

UP, NS, CSX and BNSF accused of illegal price fixing in lawsuit

(Source: Reuters, June 21, 2012) NEW YORK — A lawsuit alleging that major U.S. freight railroads conspired to drive up shipping costs by fixing fuel surcharges, generating billions of dollars in extra revenue, can move forward as a class action case, a judge ruled on...

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