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Daily Headlines
Darr joins NMB as mediator
(The following appeared on the Progressive Railroading website on October 11, 2010.) The National Mediation Board (NMB) recently appointed Walter Darr Jr. to a mediator post. He will handle railroad and airline collective bargaining and grievance mediation cases. Darr...
SD farmers to benefit from new BNSF-CP Rail shipping plan
(The Associated Press circulated the following on October 11, 2010.) PIERRE, S.D. — Farmers in central South Dakota could get more money for their corn and soybeans by taking advantage of a new railroad partnership to send their crops west to Seattle, where prices are...
KCSM opens Mexican transload terminal near Toluca
(The following appeared on the Progressive Railroading website on October 11, 2010.) Kansas City Southern de México S.A. de C.V. (KCSM) and Bulkmatic de México S. de R.L de C.V. recently opened a new TransLoad Center (TLC) at the Maclovio Herrera rail facility in...
CSX chugs along, but its stock needs a push
(The following report by Kelly Evans appeared on the Wall Street Journal website on October 12, 2010.) NEW YORK — Warren Buffett called his railroad purchase last year an "all-in wager on the economic future of the United States." He probably should have included...
NJ Transit to pursue new options for ARC project
(The following appeared on the Progressive Railroading website on October 11, 2010.) On Oct. 7, New Jersey Gov. Chris Christie announced that New Jersey Transit would terminate the Access to the Region’s Core (ARC) project after a state review determined it would...
Opinion: The end of the tunnel
(The following column by Paul Krugman appeared on the New York Times website on October 8, 2010.) NEW YORK — The Erie Canal. Hoover Dam. The Interstate Highway System. Visionary public projects are part of the American tradition, and have been a major driver of our...
NJ Gov. Christie halts train tunnel, citing its cost
(The following story by Patrick McGeehan appeared on the New York Times website on October 7, 2010.) NEW YORK — The largest public transit project in the nation, a commuter train tunnel under the Hudson River to Manhattan, was halted on Thursday by Gov. Chris Christie...
Amtrak CEO Boardman to visit Hope, Ark.
(The following story by Stephanie Harris-Smith appeared on the Hope Star website on October 11, 2010.) HOPE, Ark. — Seventeen years and still getting there. Hope City Officials have pursued flagging down the Amtrak Texas Eagle as it passes through for many years and...
Railroads hauled more vehicles in September than any other time of 2010
(The following story by John D. Boyd appeared on The Journal of Commerce website on October 11, 2010.) WASHINGTON, D.C. — North America’s major railroads hauled more motor vehicles and other types of large equipment in the last half of September than any other time...
Railroad shares up at the close of October 11 trading
(The Associated Press circulated the following on October 11, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $.68 or 1.2 percent, to $58.17. Canadian National rose $.12 or .2 percent, to $66.00. Canadian Pacific rose...
