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Union Pacific to announce 4Q earnings January 2, 2010

(Union Pacific issued the following on December 23, 2009.) OMAHA, Neb. — In conjunction with Union Pacific Corporation’s (NYSE:UNP) Fourth Quarter 2009 Earnings Release, you are invited to listen to its presentation that will be broadcast live over the Internet or via...

Railroad stocks mixed at the close of Dec. 22 trading

(The Associated Press circulated the following on December 22, 2009.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: Burlington Northern fell $.14 or .1 percent, to $98.26. CSX rose $.31 or .6 percent, to $49.48. Canadian...

Opinion: High-speed rail a clean win for commuters

(The following column by John D. Porcari appeared on the Boston Globe website on December 23, 2009. Mr. Porcari is the US deputy secretary of transportation.) BOSTON — As Americans travel this holiday season, many will be frustrated by long lines at airports and...

Santa Claus leared to fly

(Transport Canada issued the following on December 22, 2009.) OTTAWA, Ontario — To the delight of children across the country, Transport Canada announced today that Santa has passed his mandatory pre-flight medical test. While his physician once again urged Santa to...

Railroad lawsuit chugs along with seven named shippers

(Dow Jones Newswires circulated the following story by Bob Sechler on December 23, 2009.) WASHINGTON, D.C. — A closely watched lawsuit seeking class-action status against the top U.S. freight railroads for allegedly colluding to inflate fuel surcharges by billions of...

Longevity of Railroad Retirement Beneficiaries

(The U.S. Railroad Retirement Board issued the following on December 1, 2009.) CHICAGO — Every three three years, the Railroad Retirement Board’s Chief Actuary conducts a study of the longevity of its annuitants, as part of a valuation of future revenues and benefit...

Year 2010 Railroad Retirement and Unemployment Insurance Taxes

(The U.S. Railroad Retirement Board issued the following on December 1, 2009.) CHICAGO — The amounts of compensation subject to railroad retirement tier I and tier II payroll taxes and the tier I and tier II tax rates on employees and employers remain unchanged in...

UP sets record with ag unit trains

(The following appeared on the Wyoming Business Report website on December 22, 2009.) OMAHA, Neb. — Union Pacific Railroad is used to setting records for carrying Wyoming coal in unit trains, and now it is setting records for hauling grain and soybeans, too. The...

Alberta arbitrator to settle CN engineers’ dispute

(The following appeared on the Alberta Farmer website on December 22, 2009.) A vice-chairman of the Alberta Labour Relations Board has been tasked with settling a new contract between Canadian National Railway (CN) and 1,700 of its engineers. Edmonton lawyer Andy...

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