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Daily Headlines
Gardner intermodal duel, Round 2
(The following story by Cleon Rickel appeared on the Kansas City Tribune website on October 15, 2009.) KANSAS CITY, Mo. — If location, location, location is the watchword of the real estate industry, it’s also the watchword in the political battle over a proposed...
Fort Worth to chip in on cost of UP railroad bridge
(The following story by Gordon Dickson appeared on the Fort Worth Star Telegram website on October 16, 2009.) FORT WORTH, Texas — The Fort Worth Transportation Authority has agreed to pay up to $1.5 million toward construction of a Union Pacific Railroad Bridge over...
Unusual proposals not likely to challenge existing Las Vegas rail plans
(The following story by Richard N. Velotta appeared on the Las Vegas Sun website on October 16, 2009.) LAS VEGAS — We have all heard about those two high-speed rail proposals that promise to whisk passengers between Las Vegas and Southern California in little more...
Iowa governor climbs aboard for another statewide train trip
(The Associated Press circulated the following on October 16, 2009.) DES MOINES, Iowa — Gov. Chet Culver will see the state by train again as he promotes investment in Iowa's rail system. State transportation officials and rail advocates will join Culver on the trip...
Editorial: Public needs to know about LIRR near-misses
(The following editorial appeared on the Newsday website on October 15, 2009.) NEW YORK — When it comes to safety, more knowledge is almost always better. Officials who guard the public welfare on trains, planes and in other public spaces sometimes want to contain...
LaHood praises Twin Cities’ transport hub project
(The Associated Press circulated the following story by Amy Forliti on October 16, 2009.) ST. PAUL, Minn. — U.S Transportation Secretary Ray LaHood praised the planned conversion of St. Paul's Union Depot into a transport hub toward a sustainable, car-free community,...
Kansas City Southern declares preferred stock dividend
(Kansas City Southern issued the following on October 15, 2009.) KANSAS CITY, Mo. — The Executive Committee of Kansas City Southern’s (KCS) (NYSE: KSU) Board of Directors today declared a cash dividend of $12.8125 per share on the outstanding 5.125% Cumulative...
Amtrak upgrades northeast corridor substations
(The Associated Press circulated the following on October 15, 2009.) LANDOVER, Md. — Amtrak is using $25 million in stimulus funds to speed up the modernization of electrical equipment on the northeast corridor. The railroad says it is replacing a transformer this...
Railroads companies shares mixed at the close of Thursday’s trading
(The Associated Press circulated the following on October 15, 2009.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: Burlington Northern fell $.23 or .3 percent, to $86.27. CSX fell $.41 or .9 percent, to $46.65. Canadian National...
AAR: Rail traffic remains down year over year
(The Association of American Railroads issued the following on October 15, 2009.) WASHINGTON, D.C. — The Association of American Railroads today reported that for the week ending Oct. 10, 2009, rail traffic remains down – originating 273,429 carloads, down 17.2...
