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Daily Headlines
Not your usual Berkshire Hathaway event
(The following story by Steve Jordon appeared on the Omaha World-Herald website on January 20, 2010.) OMAHA, Neb. — There's only one mystery surrounding today's special meeting of Berkshire Hathaway Inc. shareholders. How many people will attend? The meeting agenda...
U.S. railroad shares fall after CSX results
(Reuters circulated the following on January 20, 2010.) NEW YORK— Shares of U.S. railroads fell in early trading on Wednesday, after CSX Corp (CSX.N), the No. 3 freight railroad, said price increases were slowing and predicted shipments of coal to U.S. utilities would...
CSX announces fourth quarter and full-year 2009 earnings
(CSX issued the following on January 19, 2010.) JACKSONVILLE, Fla. — CSX Corporation (NYSE: CSX) today announced fourth quarter earnings from continuing operations of $305 million, or 77 cents a share, versus $361 million, or 92 cents a share, in the same period last...
CSX 4Q earnings rise, but shipping volume falls
(The Associated Press circulated the following story by Samantha Bomkamp on January 19, 2010.) NEW YORK — CSX Corp., the nation's third-largest railroad, said Tuesday the economy improved modestly in the fourth-quarter, but its shipping volume dropped from a year ago...
Railroad Retirement Board customer service plan update
(The U.S. Railroad Retirement Board circulated the following on January 8, 2010.) CHICAGO — The U.S. Railroad Retirement Board’s Customer Service Plan promotes the principles and objectives of customer-driven quality service agency-wide. The RRB’s plan lays out the...
CN donates C$100,000 to Red Cross to support humanitarian relief efforts in Haiti and will match employee donations
(CN issued the following on January 18, 2010.) MONTREAL — CN announced today it will make an initial donation of C$100,000 to the Red Cross in support of the agency's relief efforts in Haiti. In addition, CN is launching a program for employee donations to the Red...
New York MTA lost millions of riders and dollars last year, state comptroller says
(The following appeared on the Progressive Railroading website on January 18, 2010.) During 2009’s first 10 months, New York Metropolitan Transportation Authority’s (MTA) ridership declined by 75 million passengers compared with the same 2008 period, costing the...
Amtrak train strikes car, nun escapes injury
(The following appeared on the Chicago Sun-Times website on January 18, 2010.) LEMONT, Ill. — A nun escaped injury when the Amtrak train struck the car she was driving Monday afternoon in southwest suburban Lemont. Amtrak spokesman Marc Magliari said Texas Eagle train...
Broken axle blamed in Union Pacific derailment
(The following appeared on the Omaha World-Herald website on January 19, 2010.) NORTH PLATTE, Neb. — A broken axle was the cause of last week’s derailment involving two trains near Lake McConaughy, Union Pacific Railroad officials said Monday. The derailment occurred...
New Jersey train station on ‘bin Laden’ alert
(The following story by Joe D’Aquila appeared on the Trentonian website on January 18, 2010.) HAMILTON, N.J. — Whether he deserves credit or not, Osama bin Laden may have succeeded in shutting down the Hamilton Train Station last night, at least for a little while....
