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Daily Headlines
New Jersey in talks to reclaim money spent on scrapped rail tunnel project
(The Associated Press circulated the following on February 28, 2011.) TRENTON, N.J. — New Jersey is negotiating to reclaim part of nearly $162 million paid tunnel project that Gov. Chris Christie scrapped four months ago. Christie scrapped the $8.7 billion project,...
NW Indiana wants share of rail boom
(The following appeared on the Times website on February 27, 2011.) MUNSTER, Ind. — Northwest Indiana business leaders want to capitalize on the coming deluge of trains expected to move through the region in the next two decades, but first they have to find a way to...
Railroads boast fuel efficiency advantage
(Bloomberg News circulated the following on February 28, 2011.) DETROIT — U.S. railroads’ fuel-efficiency advantage over trucking companies may expand as they boost investments in technology while truckers must put more of their money into personnel. Freight railroads...
Speed is key for railroads, ports in era of expanded Panama Canal
(The following appeared on the CNBC website on February 25, 2011.) Nearly 100 years ago, the Panama Canal hosted its first passage, a watershed event that has influenced the landscape of shipping and transportation ever since. Now, the canal is due to rattle...
Length of CN train catches eye of Canada’s safety regulators
(The following appeared on the National Post website on February 26, 2011.) Shortly after 5:30 a.m. on March 21, 2009, a Canadian National Railway Co. freight train destined for Montreal derailed outside Brighton, Ont., a small town about two hours east of Toronto. In...
Problems persist at South Philadelphia railcar plant
(The following appeared on the Philadelphia Inquirer website on February 28, 2011.) PHILADELPHIA — The South Philadelphia factory that has fallen far behind schedule in building 117 SEPTA railcars is beset by material shortages, design flaws, inadequate equipment, and...
BNSF doing ‘better than expected’ for Buffett’s Berkshire
(The following appeared on the New York Times website on February 26, 2011.) NEW YORK — Berkshire Hathaway is, perhaps more than anything else, a giant deal machine, and Warren E. Buffett signaled in his latest investor letter that he’s eager to make another big...
Berkshire Hathaway’s 4Q net income up 43 percent
(The Associated Press circulated the following on February 26, 2011.) OMAHA, Neb. — Warren Buffett's Berkshire Hathaway reported a 43 percent jump in fourth-quarter earnings Saturday largely because of strong performance at its railroad business and a paper gain of...
U.S. Transportation Secretary Ray LaHood statement on high-speed rail agreement in Washington State
WASHINGTON, D.C. – U.S. Transportation Secretary Ray LaHood issued the following statement on February 26, 2011: “President Obama's historic investments in a national high-speed rail network will enable America to win the future by creating construction and...
Rallies in 50 states support Wisconsin protesters
(The following appeared on the CBS News website on February 26, 2011.) Protests kicked off around the country on February 26 as the group moveon.org organized noontime rallies in all 50 state capitals as a sign of solidarity for union workers in Wisconsin battling...
