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Daily Headlines
Bandits target BNSF trains in New Mexico
(The following report by Taryn Bianchin appeared at www.KOB.com on January 14, 2010.) ALBUQUERQUE, N.M. — Train robberies are a part of New Mexico's history dating back to the time when outlaws controlled the west and a locomotive or stagecoach was easy bait. In...
KCS Board of Directors declares quarterly preferred dividends; Sets annual meeting date
(Kansas City Southern issued the following on January 13, 2010.) KANSAS CITY, Mo. — Kansas City Southern’s (KCS) Board of Directors declared a regular quarterly dividend of 25 cents per share on the outstanding KCS 4% non-cumulative preferred stock. The dividend is...
Sen. Dorgan to meet with Amtrak about service to North Dakota
(The following story by Tu-Uyen Tran appeared on the Grand Forks Herald website on January 13, 2010.) GRAND FORKS, N.D. — Sen. Byron Dorgan, D-N.D., said Wednesday he’ll be meeting with representatives from Amtrak to ensure the Empire Builder passenger rail service...
Genesee & Wyoming Dec. traffic drops 11%
(The following appeared at MarketWatch.com on January 13, 2010.) LONDON — Railroad operator Genesee & Wyoming said December carload traffic fell 11% to 61,917, with fourth-quarter traffic down 15%. Coal, coke and ores traffic fell on lower shipments from its Illinois...
California railroad’s fleet of engines goes green
(The following appeared on the Napa Valley Register website on January 14, 2010.) NAPA, Calif. — The California Northern Railroad, which operates in the Napa Valley, has converted its entire fleet to environmentally friendly locomotives with the addition of four new...
Opinion: What’s to stop terror on our tracks?
(The following column by Jim Cameron appeared on the Darien Times website on January 13, 2010.) DARIEN, Conn. — The recent hysteria following the attempted bombing of a Northwest Airlines jet over Detroit has reminded us again of our vulnerability to terrorism. And...
Railroad shares mixed at the close of Jan. 13 trading
(The Associated Press circulated the following on January 13, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: Burlington Northern rose $.08 or .1 percent, to $99.07. CSX rose $.31 or .6 percent, to $51.02. Canadian National...
Eased federal rules a boon for Philly transit plans
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on January 14, 2010.) PHILADELPHIA — Proposed rail projects on the Philadelphia waterfront and in South Jersey got a significant boost yesterday when federal transportation officials...
U.S. government ditches transportation funding limits
(Reuters circulated the following on January 13, 2010.) WASHINGTON, D.C. — The Obama administration is broadening the standards for how the U.S. government funds public transportation projects in order to disburse money quickly and improve the environment. "We want to...
Montana Rail Link cuts 46 jobs, citing mill closures
(The following story by Betsy Cohen appeared on the Missoulian website on January 14, 2010.) MISSOULA, Mont. — Smurfit-Stone Container Corp.'s recent decision to close its Frenchtown linerboard plant has resulted in 46 layoffs at Montana Rail Link. The Missoula-based...
