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Daily Headlines

Nebkota railroad drops objection to rail line sale

(The following story by George Ledbetter appeared on the Chadron Record website on February 23, 2010.) CHADRON, Neb. — Nebkota Railway Inc. (NRI), the only company currently operating trains in Chadron, has withdrawn the objection it filed just two weeks ago to the...

STB schedules oral arguments for March 24

(The Surface Transportation Board issued the following on February 23, 2010.) WASHINGTON, D.C. —The Surface Transportation Board has scheduled an oral argument for Wednesday, March 24, 2010, at 9:30 a.m., at the STB's Washington headquarters. Board members will hear...

Diesel fuel price soars 7.6 cents

(The following story by Thomas L. Gallagher appeared on The Journal of Commerce website on February 23, 2010.) WASHINGTON, D.C. — Diesel prices across the United States jumped 7.6 cents over the past week, the first increase in six weeks, to their highest point since...

NYCT’s annual ridership falls for first time in six years

(The following appeared on the Progressive Railroading website on February 23, 2010.) In 2009, MTA New York City Transit’s (NYCT) subway, bus and paratransit ridership totaled 2.3 billion, the second-highest total since 1969, but the first time annual ridership...

2009 Metra ridership down overall, up on Kenosha route

(The following report appeared on the Kenosha News website on February 23, 2010.) KENOSHA, Wisc. — Metra commuter rail ridership was down as a whole in 2009, but up slightly on the route that terminates in Kenosha. The Union Pacific North line saw a 0.6 percent...

Michigan short line’s MOW workers join BMWED

(The following story appeared on the Progressive Railroading website on February 23, 2010.) Huron & Eastern Railway Co. workers recently voted in favor of joining the Brotherhood of Maintenance of Way Employes Division (BMWED). The employees will be members of the...

Trouble for SunRail? Amtrak wants new deal on liability

(The following story by Dan Tracy appeared on the Orlando Sentinel website on February 23, 2010.) ORLANDO, Fla. — The chief executive of Amtrak is again threatening to scuttle the SunRail commuter train planned for Central Florida before it picks up its first...

Railroad shares mixed at the close of Feb. 23 trading

(The Associated Press circulated the following on February 23, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX rose $.18 or .4 percent, to $47.00. Canadian National fell $.77 or 1.4 percent, to $52.53. Canadian Pacific...

Canadian Pacific Railway Limited declares dividend

(Canadian Pacific issued the following on February 23, 2010.) CALGARY — The Board of Directors of Canadian Pacific Railway Limited (TSX/NYSE: CP) today declared a quarterly dividend of twenty four and three quarter cents ($0.2475) Canadian per share on the outstanding...

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