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Daily Headlines
Now 40, Amtrak is finally growing up
(The following appeared on the Philadelphia Inquirer website on May 5, 2011.) PHILADELPHIA, Pa. — Amtrak turned 40 this week, and the national railroad is finally growing up. With ridership back to a record-setting pace and a rail-friendly president (and vice...
CSX plans $2 billion buyback, stock split
(The following appeared on The Journal of Commerce website on May 5, 2011.) WASHINGTON, D.C. — CSX Corp., the parent company of CSX Transportation, announced it will split its stock, raise the dividend and buy back $2 billion in common shares. That $2 billion share...
Amtrak celebrates 40 years of serving America
(Amtrak issued the following on May 2, 2011.) WASHINGTON, D.C. — Forty years ago, on May 1, 1971, Amtrak operated its first intercity passenger train and began its continuing journey of meeting America's national needs with initiative, pride and success. The 40th...
Deadline to submit application to attend NS’s Investor and Financial Analyst Conference is May 6
(Norfolk Southern issued the following on May 3, 2011.) NORFOLK, Va. — Norfolk Southern Corporation will hold its 2011 Investor and Financial Analyst Conference on Wednesday, June 8, for active buy- and sell-side analysts as well as the company’s largest shareholders...
Scheduled potash service boosts efficiency at Canadian National Railway
(The Canadian Press circulated the following on May 3, 2011.) SASKATOON, Sask. — Canadian National Railway (TSX:CNR) says its new scheduled train service to potash mines in Saskatchewan is reducing loading and unloading times by 25 per cent. Scheduled trains going...
First quarter rail-car deliveries expected to reach highest total since 2007
(The following appeared on the Progressive Railroading website on May 3, 2011.) An “explosion” of rail-car orders in first-quarter 2011 prompted officials at Economic Planning Associates Inc. (EPA) to increase their projections for rail-car deliveries in 2011 to...
Memphis rail, river logistics key as Mitsubishi selects factory site for giant transformers
(The following appeared on The Journal of Commerce website on May 3, 2011.) WASHINGTON, D.C. — A Japanese manufacturer of large-scale power transformers will build a new factory at a Memphis, Tenn., site that will use Canadian National Railway tracks, access to...
BLET member says NS freight line carries freight, history
(The following appeared on the Charlotte Observer website on May 4, 2011. Brother Ben Lee is Local Chairman and Legislative Representative of BLET Division 166 in Charlotte, N.C.) CHARLOTTE, N.C. — The single track rail line that runs from Charlotte northward through...
NTSB provides update on SW Iowa fatality that claimed BLET member
(The following appeared on the Des Moines Register website on May 4, 2011.) DES MOINES, Iowa — The BNSF Railway train involved in a collision that killed two crew members last month near Red Oak sped up shortly before hitting a stopped maintenance train, federal...
Norfolk Southern awards 10 college scholarships
(Norfolk Southern issued the following on April 29, 2011.) NORFOLK, Va. — Ten sons and daughters of employees are receiving college scholarships from Norfolk Southern Corporation under the company's annual scholarship program. Two are recipients of the National Merit...
