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Daily Headlines
Railroads companies shares up at the close of Friday’s trading
(The Associated Press circulated the following on November 6, 2009.) NEW YORK — Shares of some top railroads companies were up at the close of trading: Burlington Northern rose $.25 or .3 percent, to $97.23. CSX rose $.80 or 1.7 percent, to $47.69. Canadian National...
BNSF CEO: Buffett’s bid for railroad “warmly Received” in Washington
(The following story by Alex Crippen appeared at CNBC.com on November 6, 2009.) WASHINGTON, D.C. — Burlington Northern Santa Fe CEO Matt Rose says the railroad's proposed acquisition by Berkshire Hathaway is being "very warmly received" by Washington policy makers....
Opinion: Rail-customer advocates say BNSF deal highlights need for reform
(The following column by Richard Piersol appeared on the Lincoln Journal Star website on November 7, 2009.) LINCOLN, Neb. — There was an almost euphoric tone to the news last week when the nation's beloved sugar daddy, Warren Buffett, sprung for the rest of Burlington...
BNSF executives stand to reap big payoff from company’s sale
(The following story by Bob Cox appeared on the Fort Worth Star-Telegram website on November 8, 2009.) FORT WORTH, Texas — Matt Rose has been well-compensated since taking over as chief executive of Burlington Northern Santa Fe Corp. nine years ago, but he’s got a...
Investors hear whistle of railroad profit
(The following story by Brendan Case and Eric Torbenson appeared on The Dallas Morning News website on November 8, 2009.) DALLAS, Texas — In the shipping battle of trucks vs. trains, Warren Buffett's wager is on rail. The next economic uptick – just getting started in...
BNSF CEO calls Berkshire deal ‘great opportunity’
(The following story by Joe Ruff appeared on the Omaha World-Herald website on November 8, 2009.) OMAHA, Neb. — Burlington Northern Santa Fe Corp. need no longer worry about hedge funds or other “activist investors” that attempt hostile takeovers, said Matthew K....
Subways, buses, trolleys roll again as Septa strike concludes
(The following story by Sandy Bauers, Sam Wood and Paul Nussbaum appeared on the Philadelphia Inquirer website on November 9, 2009.) PHILADELPHIA — The city's subways, buses and trolleys are back in service this morning after SEPTA and its largest union reached a...
CSX becomes first transportation provider to join Maryland Green Registry
(CSX issued the following on November 6, 2009.) CAMBRIDGE, Md. — CSX is the first transportation provider selected to join the Maryland Green Registry, a voluntary self-certification program that promotes and recognizes sustainable practices by organizations...
2009 Railroad Retirement Board Informational Conferences
CHICAGO — The U.S. Railroad Retirement Board holds free information conferences for railroaders. Conference registration begins at 8 a.m., with the programs beginning promptly at 8:30 a.m. and ending at 12:30 p.m. The U.S. Railroad Retirement Board holds free...
RRB: Medicare Part B Premiums for 2010
(The Railroad Retirement Board issued the following on October 27, 2009.) CHICAGO — The Centers for Medicare & Medicaid Services has announced that the standard monthly Part B premium will be $110.50 in 2010. However, most Medicare beneficiaries will not see an...
