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Daily Headlines
New York-based company to build new rail cars for Amtrak
(The following story by G. Jeffrey Aaron appeared on the Ithaca Journal website on July 26, 2010.) ITHACA, N.Y. — Elmira Heights rail car maker CAF USA has landed a $298 million contract to build 130 single-level rail cars for Amtrak, as part of Amtrak's long-term...
BNSF Railway raises diesel price to $2.50 a gallon
(The Associated Press circulated the following on July 26, 2010.) FORT WORTH, Texas — The BNSF Railway Co. said Monday it's raising the diesel price at which it adds a surcharge to $2.50 per gallon for highway diesel fuel, up from $1.25 per gallon. BNSF said the...
Fines mount in Union Pacific drugs case
(The following story by Joe Ruff appeared on the Omaha World-Herald website on July 26, 2010.) OMAHA, Neb. — Federal fines levied against Union Pacific grew by $101 million in July as more illegal drugs were found on trains coming from Mexico. Fines now total $162.5...
Pace of growth slows for transport sector
(The following story by Brent Jang appeared on the Globe and Mail website on July 26, 2010.) TORONTO — The transport sector is expected to shrug off a diminished appetite in China for coal and iron ore while thriving on robust demand in North America for consumer...
Railroad shares up at the close of July 26 trading
(The Associated Press circulated the following on July 26, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $1.21 or 2.3 percent, to $53.86. Canadian National rose $.09 or .1 percent, to $62.73. Canadian Pacific rose...
Iowa flooding impacts roadways, railroads
(The following appeared on the Globe Gazette website on July 26, 2010.) AMES, Iowa — Flood waters continue to affect city streets, county and state roadways, and railroads in eastern Iowa, according to Iowa Department of Transportation (DOT) officials. Current state...
Norfolk Southern 2Q report expected to highlight slow, steady economic recovery, led by coal
(The Associated Press circulated the following on July 27, 2010.) NEW YORK — Norfolk Southern Corp. is expected to highlight a steady economic recovery in the second-quarter when it reports earnings for the period on Tuesday after the market closes. The eastern...
NTSB report on D.C. metro crash may impact transit systems nationwide
(The following story by Ann Scott Tyson appeared on the Washington Post website on July 27, 2010.) WASHINGTON, D.C. — The announcement by the National Transportation Safety Board on Tuesday on the likely cause of the June 2009 Metro crash might have major safety and...
Kansas City Southern profit surges, tops Wall Street view
(Reuters circulated the following on July 27, 2010.) BOSTON — Kansas City Southern (KSU.N) posted profit that easily topped Wall Street's expectations on Tuesday, as the U.S. railroad benefited from surging demand to haul autos, agricultural commodities and other...
KCS reports 2Q revenue increase of 35 percent
(Kansas City Southern issued the following on July 27, 2010.) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported second quarter 2010 revenues of $461.6 million, a 35% increase compared to the corresponding 2009 period. Revenue growth was strong across the board...
