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Daily Headlines
Union Pacific retakes rail-sales lead from Buffett’s Burlington
(Bloomberg News circulated the following story by Craig Trudell on January 22, 2010.) NEW YORK — Union Pacific Corp. reclaimed the title of the biggest U.S. railroad by sales from Burlington Northern Santa Fe Corp., the carrier being acquired by Warren Buffett’s...
BNSF announces $2.4 billion capital commitment program
(BNSF Railway issued the following on January 21, 2010.) FORTH WORTH, Texas — BNSF Railway Company (BNSF) today announced a planned 2010 capital commitment program of $2.4 billion, which is expected to be approximately $240 million lower than 2009 due to fewer...
President nominates Weener for NTSB
(The following story by R.G. Edmonson appeared on The Journal of Commerce website on January 21, 2010.) WASHINGTON, D.C. — President Obama on Wednesday nominated Earl F. Weener for a seat on the National Transportation Safety Board. Weener is a fellow at the Flight...
AAR: Freight traffic remains down on U.S. railroads
(The Association of American Railroads issued the following on January 21, 2010.) WASHINGTON, D.C. — The Association of American Railroads today reported that freight traffic remains down in comparison with 2009 and 2008. For the week ending Jan. 16, 2010, U.S....
Profit at BNSF, Buffett’s new baby, beats Wall St. estimates
(Reuters circulated the following story on January 21, 2010.) CHICAGO — Burlington Northern Santa Fe Corp (BNI.N), which is being purchased by Warren Buffett's Berkshire Hathaway Inc (BRKa.N), posted stronger-than-expected quarterly earnings, lifted by improving...
Burlington Northern Santa Fe reports fourth quarter/full year 2009 results
(The Burlington Northern Santa Fe Corporation issued the following on January 21, 2010.) FORT WORTH, Texas — Burlington Northern Santa Fe Corporation (BNSF) (NYSE: BNI) today reported quarterly earnings of $1.55 per diluted share, which included a tax benefit of $0.25...
NTSB’s executive summary, conclusions regarding 2008 Metrolink accident
(The National Transportation Safety Board issued the following on January 21, 2010.) WASHINGTON, D.C. — This is a synopsis from the Safety Board’s report and does not include the Board’s rationale for the conclusions, probable cause, and safety recommendations. Safety...
NTSB blames texting in Chatsworth crash, but safety lapses contributed
(The following story by Dug Begley and Ben Goad appeared on The Press-Enterprise website on January 22, 2010.) RIVERSIDE, Calif. — The deadly 2008 Chatsworth rail crash was caused by an engineer distracted by sending a text message, but could have been avoided if the...
NTSB recommends surveillance in locomotives
(The following story by Matthew L. Wald appeared on the New York Times website on January 21, 2010.) WASHINGTON, D.C. — The federal government should require surveillance cameras in nearly all locomotives, to allow railroad managers to see if engineers are texting or...
UnitedHealth profit rises 30% as medicare increases
(Bloomberg News circulated the following story by Alex Nussbaum on January 21, 2010.) NEW YORK — UnitedHealth Group Inc., the biggest U.S. health insurer by revenue, beat analysts’ estimates for fourth-quarter profit as sales of coverage for the elderly grew and costs...
