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Daily Headlines
House Transportation Committee Chair Mica endorses Romney for president
(Source: Progressive Railroading, January 17, 2012) U.S. Rep. John Mica (R-Fla.), chairman of the House Transportation and Infrastructure Committee, has endorsed former Massachusetts Gov. Mitt Romney for president, Romney’s campaign announced yesterday. Full story:...
KCS, railroad industry look to solid 2012
(Source: Investor's Business Daily, January 18, 2012) NEW YORK — The railroad industry is moving full steam ahead into 2012 as it continues to gain speed after getting side-tracked by the recession. David Starling, chief executive of railroad holding company Kansas...
One million citizens petition for the recall of Wisconsin Governor Scott Walker
(Source: PR Watch, January 17, 2012) The petition drive to recall and remove Wisconsin Governor Scott Walker has surpassed all expectations, collecting over one million signatures in just 60 days. Full story: PR Watch
Amtrak plans aggressive expansion in 2012
(Source: The Hill, January 11, 2012) WASHINGTON, D.C. — Amtrak said Wednesday that it would be aggressive in efforts to improve and expand this year with "demand for intercity passenger rail service on the rise as demonstrated by yet another year of record ridership."...
Baby born on PATH train between NJ and NY City
(Source: Associated Press, January 17, 2012) NEW YORK — A New Jersey woman got the morning commute of her life when she gave birth to her first child on a PATH commuter train to New York. In response to the unexpected birth, PATH officials turned the train into an...
Walker recall organizers to submit petitions, but Wisconsin governor will be in New York
(Source: Associated Press, January 17, 2012) MADISON, Wis. — Supporters of an unprecedented effort to oust Wisconsin Gov. Scott Walker from office said they will turn in more than enough signatures Tuesday to force the Republican into a recall election barely a year...
Earnings preview: Union Pacific Railroad
(Source: Associated Press, January 17, 2012) OMAHA, Neb. — Union Pacific's fourth-quarter earnings report (to be released on January 19) will show how the railroad handled last fall's peak shipping season and provide clues about the strength of the U.S. economy. Full...
Lower coal shipments worry railroads again
(Source: Zacks.com, January 16, 2012) NEW YORK — Softer demands for coal have once gain stirred up trouble for the railroads, specifically NS and CSX. Full story: Zacks.com
Railroad stocks are still on track for growth
(Source: Forbes.com, January 16, 2012) NEW YORK — One of the best-performing industry groups since the October 2011 lows has been the railroads, which comes as a positive sign for the economic recovery. Though these stocks are generally considered to be defensive in...
TCRC wants Fred Green out as CEO of CP Rail
(Source: Financial Post, January 17, 2012) OTTAWA — Bill Ackman’s efforts to oust Canadian Pacific Railway Ltd.’s chief executive, Fred Green, received a ringing endorsement Monday from one of the railway’s largest unions. William Brehl, president of Teamsters Canada...
