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Daily Headlines

FRA kicks off Chicago to Omaha passenger rail study

(Source: Register-Mail, February 9, 2012) GALESBURG, Ill. — The Federal Railroad Administration, in cooperation with the Iowa Department of Transportation, is kicking off the Chicago to Omaha Regional Passenger Rail System Planning Study. One of five routes under...

Teamsters: Buy ‘made in the U.S.A.’ cards

(Source: Teamster Magazine, February 9, 2012) WASHINGTON, D.C. — Conscientious consumers need to be cautious when purchasing greeting cards. Many are not made in America. George Tedeschi, President of the Graphic Communications Conference of the Teamsters, recommends...

Canadian Pacific comments on Pershing Square Town Hall meeting

(Source: Canadian Pacific Railway press release, February 6, 2012) CALGARY, Alberta — Canadian Pacific today issued the following statement in response to Pershing Square Capital Management, L.P.'s town hall meeting for Canadian Pacific shareholders: "Pershing Square...

Analysis: Ackman scores early in Canadian Pacific fight

(Source: Reuters Canada, February 8, 2012) TORONTO — William Ackman has momentum working in his favor in his battle to shift the balance of power on Canadian Pacific Railway's board and install his hand-picked candidate as chief executive of North America's...

Ackman open to Canadian Pacific selling DM&E

(Source: Bloomberg News, February 7, 2012) NEW YORK — William Ackman, the investor seeking a management change at Canadian Pacific Railway Ltd., said his proposed chief would consider selling the Dakota, Minnesota & Eastern Railroad (DM&E), acquired by CP Rail for...

Norfolk Southern names Weaver VP Labor Relations; Mobley retires

(Source: Norfolk Southern press release, February 7, 2012) NORFOLK, Va. — Scott R. Weaver has been named vice president labor relations for Norfolk Southern Corporation, with headquarters in Norfolk, effective March 1. He will report to John P. Rathbone, executive...

Opinion: Why is Oregon subsidizing Union Pacific?

(Source: Willamette Week Newspaper, February 8, 2012) WILLAMETTE, Ore. — When it comes to shipping companies, few are bigger than Union Pacific. The rail giant controls 32,000 miles of track across most of the Western U.S. Last year, the company had profits of $3.3...

Amtrak at 110 mph in western Michigan, northern Indiana

(Source: Chicago Tribune, February 8, 2012) CHICAGO — Amtrak passenger trains sped up to 110 mph for the first time Tuesday in western Michigan and northern Indiana on two routes serving Chicago, the Chicago Tribune reported. The faster service, which is the first...

First contract arrives on time for workers at RailCrew Xpress

(Source: International Brotherhood of Teamsters press release, February 3, 2012) TULSA, Okla. — Eighteen workers at RailCrew Xpress represented by Teamsters Local 523 in Tulsa, Okla. unanimously approved their first contract, making strong gains in workplace rules and...

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