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Daily Headlines
North Platte considers rail, retail sector development
(The following story by Ben Schwartz appeared on the North Platte Bulletin website on November 11, 2009.) NORTH PLATTE, Neb. — Ever since the first Union Pacific train pulled into North Platte in December of 1866, the town and the railroad have been tied together....
Jacksonville to seek stimulus funds for rail, bus hub
(The following story by Larry Hannan appeared on the Florida Times-Union website on November 12, 2009.) JACKSONVILLE, Fla. — It's a project that could improve public transportation in Northeast Florida while also helping to bring back the historic LaVilla section of...
California city asks for underground rail system
(The following story by Sean Howell appeared on the Almanac website on November 12, 2009.) MENLO PARK, Calif. — After some wrangling, Menlo Park's City Council approved the text of a letter to the High-Speed Rail Authority at its meeting Tuesday, Nov. 10, stating the...
Union Pacific puts Texas intermodel facility on hold
(The following story by Diana Washington Valdez appeared on the El Paso Times website on November 12, 2009.) EL PASO, Texas — Because of the recession, Union Pacific Railroad officials said plans for its proposed intermodal facility in Santa Teresa are on hold until...
Florida legislators close to SunRail deal
(The following story by Dan Tracy and Aaron Deslatte appeared on the Orlando Sentinel website on November 11, 2009.) ORLANDO, Fla. — After two embarrassing defeats, the SunRail commuter train could be on the verge of winning approval in the state Legislature....
Canadian Pacific’s rail volumes level off
(The following story by Scott Deveau appeared on the Financial Post website on November 12, 2009.) OTTAWA — Any glimmer of hope that a sustained volume recovery was underway at Canadian Pacific Railway Ltd. dimmed yesterday with the country's second-largest railway...
Senator expects no change in rail antitrust
(The following story by John D. Boyd appeared on The Journal of Commerce website on November 11, 2009.) WASHINGTON, D.C. — The rail reform bill being prepared for the Senate Commerce, Science and Transportation Committee is unlikely to strip railroads of their limited...
Railroads companies shares up at the close of Nov. 11 trading
(The Associated Press circulated the following on November 11, 2009.) NEW YORK — Shares of some top railroads companies were up at the close of trading: Burlington Northern rose $.06 or .1 percent, to $97.65. CSX rose $.47 or 1.0 percent, to $48.22. Canadian National...
RailAmerica reports results for the third quarter of 2009
(Rail America, Inc. issued the following on November 11, 2009.) JACKSONVILLE, Fla. — RailAmerica, Inc. (NYSE: RA) today reported third quarter 2009 earnings from continuing operations of $3.5 million or $0.08 per diluted share, compared to $2.0 million or $0.05 per...
West Coast ports, rails collaborate
(The following story by Bill Mongelluzzo appeared on The Journal of Commerce website on November 11, 2009.) WASHINGTON, D.C. — West Coast port directors and executives from the two Class I western railroads meeting in China cited their region's deep-water ports and...
