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Rock slide blocks train line in N. Idaho

(Source: San Fransisco Chronicle, April 3, 2012) BONNERS FERRY, Idaho — A Burlington Northern Santa Fe spokesman says large boulders broke off from a cliff in northern Idaho and blocked a train line connecting Montana to the Pacific Northwest overnight. Full story:...

Ackman adds railway legend Tobias to alternative CP slate

(Source: The Globe and Mail, April 3, 2012) CALGARY — New York investor Bill Ackman has recruited a U.S. rail legend to bolster his campaign to shake up Canadian Pacific Railway Ltd. Mr. Ackman’s fund Pershing Square Capital Management LP said Monday that retired...

Gore Man Struck By Train After Wrecking On Railroad Tracks

(Source: NewsOn6, April 3, 2012) MUSKOGEE COUNTY, Oklahoma — A Gore man wrecked his pickup on a railroad track then was struck by a Union Pacific train early Monday morning. He was pronounced dead at the scene from massive injuries. Full story: NewsOn6

Editorial: High-speed rail gets back on a better track

(Source: The Sacramento Bee, April 3, 2012) SACRAMENTO, Calif. — Legislators asked for changes in California High-Speed Rail Authority plans to build a bullet train system. The authority has made them. In a revised plan, released Monday, the authority proposes to...

Can passenger rail ever be profitable? Florida’s about to find out.

(Source: The Washington Post, April 3, 2012) WASHINGTON DC — One frequent criticism of passenger rail is that it rarely pays for itself. The trains typically require hefty public subsidies — Amtrak, for one, has received more than $30 billion from Congress since 1971...

Buffett Says Shortcuts on Environment Can Put Profits at Risk

(Source: San Fransisco Chronicle, April 3, 2012) SAN FRANSISCO — Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said companies won't last if they fail to consider the impact of their businesses on the environment....

EPA rules may push coal companies to boost exports

(Source: Reuters, March 28, 2012) NEW YORK — Tougher emission rules at U.S. power stations will likely force coal companies to make up for lost domestic customers by exporting more to countries in Asia where environmental regulations are less stringent, analysts said....

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