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Daily Headlines
Pennsylvania state funds boost local rail opportunities
(The following story by Sandy Long appeared on the River Reporter website on January 7, 2010.) WAYNE COUNTY, Pa. — The state of Pennsylvania is prioritizing rail service with the recent investment of $24.5 million in 39 rail companies, including Honesdale’s...
Illinois rail traffic study is ‘off and running’
(The following story by Bruce Rushton appeared on the State Journal-Register website on January 7, 2010.) SPRINGFIELD, Ill. — Engineers have started work on a study aimed at deciding whether rail traffic through Springfield should be consolidated along 10th Street....
Amtrak’s Texas Eagle derails in Arkansas, no injuries reported
(The Associated Press circulated the following on January 6, 2010.) LITTLE ROCK, Ark. — An Amtrak train from Chicago has derailed in Arkansas. Amtrak spokeswoman Karina Romero says no injuries were reported when the Texas Eagle derailed just after 3 a.m. Wednesday in...
Federal lawsuit targets Alaska Railroad’s stockpiles of coal
(The Associated Press circulated the following story by Mary Pemberton on January 7, 2010.) ANCHORAGE, Alaska — Two environmental groups are going to court to try to force the Alaska Railroad and an energy company to clean up the coal dust problem dirtying a scenic...
Florida Rep. cites state woes in call for high-speed rail money
(The following story by Ted Jackovics appeared on the Tampa Tribune website on January 7, 2010.) TAMPA, Fla. — U.S. Rep. Kathy Castor told President Barack Obama in a letter this week that Florida needs the jobs and economic investments high-speed rail can provide...
CTA, Metra funds: Lawsuit claims racial bias in funding
(The following story by Bob Secter and Richard Wronski appeared on the Chicago Tribune website on January 7, 2010.) CHICAGO — CTA riders have long grumbled about getting a raw deal with high fares and skimpy service, and a federal lawsuit filed Wednesday argues that...
KCS falls as UBS says takeover speculation “unhealthy”
(The following appeared at StreetInsider.com on January 7, 2010.) NEW YORK — Shares of rail company Kansas City Southern (NYSE: KSU) are down 4% today after analysts at UBS downgraded the stock, saying the 42% rally in the stock since Berkshire announced its...
NAFTA trade grew for fifth month in October
(The following story by Thomas L. Gallagher appeared on The Journal of Commerce website on January 6, 2010.) WASHINGTON, D.C. — Surface trade between the United States and its North American Free Trade Agreement partners Canada and Mexico grew for the fifth...
Boston’s MBTA commuter rail firm gets contract extension
(The following story by Noah Bierman appeared on the Boston Globe website on January 7, 2010.) BOSTON — The private company that runs the MBTA’s commuter rail system won a second two-year contract extension yesterday, with promises that company officials would build...
Railroad shares mixed at the close of Jan. 6 trading
(The Associated Press circulated the following on January 6, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: Burlington Northern rose $.09 or .1 percent, to $98.90. CSX rose $.16 or .3 percent, to $50.31. Canadian National...
