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Daily Headlines
48 SEPTA workers win $172 million Powerball lottery
(Source: Philadelphia Inquirer, April 27, 2012) PHILADELPHIA — A group of 48 workers at SEPTA headquarters in Philadelphia won the $172.7 million jackpot in Wednesday’s Powerball drawing. The Philadelphia Inquirer reported that the winners work in the agency's finance...
Railroad stocks mixed at close of April 26 trading
(Source: Associated Press, April 26, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of April 26 trading, including CN, which rose 1.4 percent, and Kansas City Southern, which fell 0.2 percent. Full story: CBS News
Norfolk Southern places order for batteries to power yard locomotive
(Source: Axion Power International Inc. press release, April 26, 2012) NEW CASTLE, Pa. — Axion Power International Inc., the developer of advanced lead-carbon PbC® batteries and energy storage systems, today announced that it has received an order from Norfolk...
EPA agreement with Amtrak brings greater drinking water protections for riders, train crews
(Source: Environmental Protection Agency press release, April 26, 2012) PHILADELPHIA, Pa. — The U.S. Environmental Protection Agency has entered into an agreement with the National Railroad Passenger Corp. (Amtrak) to ensure safe and reliable drinking water for the...
CP Rail demands Ackman retract ‘outrageous’ comments
(Source: Globe and Mail, April 27, 2012) TORONTO — Canadian Pacific Railway Ltd.’s chairman John Cleghorn waded into the escalating war of words with its largest shareholder Bill Ackman by demanding that the activist retract “outrageous” and “false” accusations about...
UP continues double track work through Arizona; Switch yard project on hold
(Source: Explorer News, April 25, 2012) TUCSON, Ariz. — Work on Union Pacific Railroad’s double track effort through Arizona from El Paso to Los Angeles is continuing, with most of the track being laid in Pinal County. However, the railroad’s plans for a larger switch...
CSX Transportation continues fight to avoid paying taxes in Alabama
(Source: Birmingham News, April 26, 2012) BIRMINGHAM, Ala. — Railroad company CSX Transportation Inc. on Wednesday continued its legal fight over whether Alabama's sales tax on diesel fuel discriminates against them. Full story: Birmingham News
Baltimore’s mayor urges CSX to find site in city for freight yard
(Source: Baltimore Sun, April 26, 2012) BALTIMORE, Md. — Mayor Stephanie Rawlings-Blake is urging CSX Transportation to find a site in the city for its multi-million dollar cargo transfer center rather than look for a site in suburbs to the south. In a letter to CSX...
RailAmerica reports first quarter 2012 results
(Source: RailAmerica press release, April 25, 2012) JACKSONVILLE, Fla., — RailAmerica, Inc. today reported financial results for the quarter ended March 31, 2012. First quarter 2012 revenue increased 15% to $143.4 million from $124.9 million in the first quarter of...
AAR: Railroads report mixed weekly rail traffic as of April 21, 2012
(Source: Association of American Railroads press release, April 26, 2012) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed weekly rail traffic for the week ending April 21, 2012, with U.S. railroads originating 282,262 carloads, down...
