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Daily Headlines
Green Bay rail museum’s Dwight D. Eisenhower steam locomotive returning to England
(Source: Milwaukee Journal Sentinel, May 4, 2012) GREEN BAY, Wisc. — The mighty steam engine named after Dwight Eisenhower is about to get its passport stamped again. Almost half a century ago, the locomotive and coal tender traveled from England via rail and sea to...
BNSF donates $40,000 to support World War II veterans
(Source: Billings Gazette, May 2, 2012) BILLINGS, Mont. — With a $40,000 financial boost, Burlington Northern Santa Fe Railway will help nearly 100 World War II veterans will make the inaugural flight to Washington, D.C., to visit their memorial in June. Full story:...
B.C. protest tomorrow to stop Warren Buffett’s BNSF coal trains
(Source: Fire Dog Lake, May 3, 2012) Warren Buffett, the third wealthiest man on the planet (net worth: $44 billion), often referred to as the “Oracle of Omaha,” is the target of a May 5 action called for by Stop Coal B.C. Well, not Buffett directly, but a rail...
Berkshire Hathaway annual meeting attracts protest groups
(Source: Associated Press, May 3, 2012) OMAHA, Neb. — Berkshire Hathaway's annual meeting this weekend is expected to attract more than 30,000 people and two groups of protesters hoping to influence CEO Warren Buffett and his shareholders. One group of protesters from...
Railroad stocks down at close of May 3 trading
(Source: Associated Press, May 3, 2012) NEW YORK — Shares of some top railroad companies were down at the close of trading on May 3, including UP, which fell 0.9 percent, and NS, which fell 1.0 percent. Full story: CBS News
Influential advisory firm endorses Ackman slate in CP Rail battle
(Full story: Reuters, May 4, 2012) TORONTO/BOSTON — An influential advisory firm on Thursday endorsed Pershing Square Capital Management's entire slate of seven nominees to Canadian Pacific Railway Ltd's board in a major boost to the hedge fund's drive to oust the...
California bullet train board approves environmental studies
(Source: Los Angeles Times, May 4, 2012) LOS ANGELES — State bullet train officials Thursday approved the environmental impact studies for an initial section of high-speed track to be built from Merced to Fresno, a decision that sets the stage for possible legal...
California businessman commits $1 billion to high-speed rail
(Source: Modesto Bee, May 3, 2012) FRESNO, Calif. — California businessman Ed McIntyre, a partner in a proposed train maintenance facility, told the California High Speed Rail Authority’s board today in Fresno that he and his partners are prepared to commit up to $1...
AAR: Railroads report mixed traffic for April 2012
(Source: Association of American Railroads press release, May 3, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail carloads originated in April 2012 totaled 1,113,105, down 64,335 carloads or 5.5 percent, compared with April...
95% of TCRC members give strike mandate at CP Rail
(Source: Teamsters Canada Rail Conference press release, April 26, 2012) LAVAL, Quebec — The general committees of the Teamsters Canada Rail Conference (TCRC) representing the conductors, trainmen, yardmen, locomotive engineers and rail traffic controllers employed by...
