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Daily Headlines
Indiana Speaker of the House moonlighting as a union-busting attorney?
(Source: We Party Patriots website, February 24, 2012) The most influential Republican in Indiana's House of Representatives, arguably the most influential in the legislature, may work as a union-busting attorney. On February 1, Indiana passed anti-union...
Berkshire Hathaway: BNSF set earnings record in 2011, seeks to continue ‘massive’ reinvestments in 2012
(Source: Progressive Railroading, February 27, 2012) Last year, BNSF Railway Co. registered record operating earnings, according to a report from Progressive Railroading. In 2011, BNSF generated revenue of $19.5 billion compared with $16.9 billion in 2010 (comparison...
Parks Canada, CP Rail announce 2012 research grants to protect grizzly bears in Banff and Yoho National Parks
(Source: Canadian Pacific Railway press release, February 24, 2012 CALGARY, Alberta — The Honourable Peter Kent, Canada’s Environment Minister and Minister responsible for Parks Canada, along with Mr. Fred Green, Canadian Pacific (CP) President and Chief Executive...
North Texas commuter rail line faces access, funding obstacles
(Source: Forth Worth Star-Telegram, February 25, 2012) DALLAS — A long-delayed proposal to establish a TEX Rail commuter line from southwest Fort Worth to Grapevine could again be held up if right-of-way agreements aren't soon reached with three railroads along the...
Changes coming for Va. regional trains
(Source: The Daily Progress, February 26, 2012) CHARLOTTESVILLE, Va. — By any measure, the Lynchburg-Washington Northeast Regional train has proven to be “the little train that could.” Launched on Oct. 1, 2009, as Virginia’s first state-supported intercity passenger...
Pensions big sticking point in CP Rail, Air Canada contract talks
(Source: Globe and Mail, February 26, 2012) TORONTO — Pension reform is casting a shadow over contract talks at Canadian Pacific Railway Ltd. and Air Canada as labour strife heats up at two of the country’s largest transportation firms. CP negotiators recently...
Florida taxpayers would pay tab for damages caused by train crashes
(Source: Miami Herald, February 26, 2012) TALLAHASSEE, Fla. — Under a bill advancing through the Florida Legislature, the state’s taxpayers could be asked to pick up the tab for damages caused by Amtrak crashes. Full story: Miami Herald
Durbin says Dem’s transportation bill will ensure steady funding
(Source: Peoria Journal-Star, February 25, 2012) PEORIA, Ill. — Dick Durbin, the No. 2 Democrat in the Senate, talked up his party’s transportation funding measure while being critical of a House Republican plan. Full story: Peoria Journal-Star
Berkshire takes $1 billion distribution from BNSF as cargo gains
(Source: Bloomberg News, February 27, 2012) NEW YORK — Berkshire Hathaway Inc. took a $1 billion distribution from Burlington Northern Santa Fe in the first quarter, matching the highest quarterly payout since billionaire Warren Buffett acquired the railroad in 2010....
House Republicans may scale back controversial transport plan
(Source: Journal of Commerce, February 24, 2012) WASHINGTON, D.C. — According to the Journal of Commerce, House Republicans might scale back its controversial five-year, $260 billion transportation bill. Full story: Journal of Commerce
