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Daily Headlines
GE locomotive unit plans $131 million in new investments
(Source: Reuters, October 18, 2011) ERIE, Pa. — General Electric Co's railroad locomotive unit unveiled plans on Tuesday to invest $131 million in Pennsylvania and Texas to allow it to build more locomotives as well as equipment used in mining vehicles, the largest...
GE locomotive unit plans $131 million in new investments
(Source: Reuters, October 18, 2011) ERIE, Pa. — General Electric Co's railroad locomotive unit unveiled plans on Tuesday to invest $131 million in Pennsylvania and Texas to allow it to build more locomotives as well as equipment used in mining vehicles, the largest...
Freight railroad CSX says 3Q profit, revenue rise
(Source: Associated Press, October 18, 2011) JACKSONVILLE, Fla. — Higher shipping rates on everything from coal to cars boosted the third-quarter profit of freight railroad CSX Corp. CSX reported a 12 percent increase in net income to $464 million, or 43 cents per...
Freight railroad CSX says 3Q profit, revenue rise
(Source: Associated Press, October 18, 2011) JACKSONVILLE, Fla. — Higher shipping rates on everything from coal to cars boosted the third-quarter profit of freight railroad CSX Corp. CSX reported a 12 percent increase in net income to $464 million, or 43 cents per...
Railroad remain profitable despite recession
(Source: Great Falls Tribune, October 15, 2011) GREAT FALLS, Mont. — Throughout the recession, railroads have been successful at increasing their revenue, a rail expert said Friday at the Montana Farmers Union Annual Meeting & Convention. Railroads have been able to...
Railroad remain profitable despite recession
(Source: Great Falls Tribune, October 15, 2011) GREAT FALLS, Mont. — Throughout the recession, railroads have been successful at increasing their revenue, a rail expert said Friday at the Montana Farmers Union Annual Meeting & Convention. Railroads have been able to...
Railroads predicting they will hire 15,000 new workers in 2012
(Source: ABC News, October 12, 2011) NEW YORK — Due to an improving economy and an aging workforce, the railroad industry is estimating that it will hire 15,000 people in 2012. Full story: ABC News
Railroads predicting they will hire 15,000 new workers in 2012
(Source: ABC News, October 12, 2011) NEW YORK — Due to an improving economy and an aging workforce, the railroad industry is estimating that it will hire 15,000 people in 2012. Full story: ABC News
CP Rail to use new rail product to create intermodal opportunities
(Source: Canadian Pacific Railway press release, October 17, 2011) TORONTO, Ontario — Canadian Pacific will be the exclusive Canadian rail transportation provider for Contrans, using innovative Raildecks multimodal flat rack containers. The agreement extends the...
CP Rail to use new rail product to create intermodal opportunities
(Source: Canadian Pacific Railway press release, October 17, 2011) TORONTO, Ontario — Canadian Pacific will be the exclusive Canadian rail transportation provider for Contrans, using innovative Raildecks multimodal flat rack containers. The agreement extends the...
