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Daily Headlines

Did Republicans deliberate crash the U.S. economy?

(Source: The Guardian, June 9, 2012) LONDON — So why does the US economy stink? Why has job creation in America slowed to a crawl? Why, after several months of economic hope, are things suddenly turning sour? Increasingly, Democrats are making the argument that the...

Railroad stocks down at close of June 11 trading

(Source: Associated Press, June 11, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on June 11, including CSX, which fell 0.5 percent, and Union Pacific, which fell 0.9 percent. Full story: CBS News

David Raisbeck steps down from CP’s Board of Directors

(Source: Canadian Pacific Railway press release, June 11, 2012) CALGARY, Alberta — Canadian Pacific Railway today advised that, for personal reasons, David Raisbeck has decided to resign from the CP Board of Directors, a position he has held since October 2009. During...

RailAmerica reports May 2012 monthly carloads up 8%

(Source: RailAmerica press release, June 12, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads for the month ended May 31, 2012 were 75,384, up 8% from 69,776 in May 2011. The Company increased shipments in May 2012 in eight...

Teamsters: Indiana governor wrong about public sector unions

(Source: International Brotherhood of Teamsters press release, June 11, 2012) WASHINGTON, D.C. — Today, the Teamsters Union denounced remarks made by Indiana Gov. Mitch Daniels during his appearance on “Fox News Sunday,” when he called for the elimination of all...

Analysis : Higher ratings slash project costs for U.S. railroads

(Source: Reuters, June 11, 2012) WASHINGTON, D.C. — Credit rating upgrades can't come fast enough for U.S. railroads looking to slice hundreds of millions of dollars from borrowing costs to fund massive projects to upgrade the nation's freight network. The higher...

Rail stocks mixed at close of June 8 trading

(Source: Associated Press, June 8, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on June 8, including CN, which fell 0.3 percent, and Norfolk Southern, which rose 0.7 percent. Full story: CBS News

Nebraska prizes its Union Pacific connection

(Source: Omaha World-Herald, June 10, 2012) NORTH PLATTE, Neb. — A full century and a half after it all began, Union Pacific's impact on many places, including Omaha, is as immediate as ever. Full story: Omaha World-Herald

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