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Daily Headlines
NJ moves to replace key N.E. Corridor rail bridge
(The following appeared on the Philadelphia Inquirer website on August 26, 2009.) PHILADELPHIA — New Jersey has applied for federal funding to replace the 100-year-old, two track bridge that carries Northeast Corridor trains over the Hackensack River in the...
CSX executive confident economy beginning to rebound
(The following story by Max Marbut appeared on the Jacksonville Daily Record website on August 25, 2009.) JACKSONVILLE, Fla. — Clarence Gooden, vice president of Sales and Marketing and Chief Commercial Officer of CSX Transportation, Inc., was the guest speaker at...
Illinois law provides funds for intermodal facilities
(The following appeared on the Progressive Railroading website on August 25, 2009.) Illinois Gov. Pat Quinn recently signed the Intermodal Facilities Promotion Act, which is designed to encourage business development along the state’s freight-rail lines. State income...
Wisconsin town awaits word if train manufacturing plant will set up base in city
(The following story by Steve Wideman appeared on the Post-Crescent website on August 26, 2009.) APPLETON, Wisc. — Two weeks after sending letters to Gov. Jim Doyle and Spanish train builder Talgo Inc., Appleton officials are waiting to hear about their efforts to...
Analysts upgrade CP Rail stock to “outperform”
(The following appeared at StreetInsider.com on August 26, 2009.) NEW YORK — RBC Capital upgrades Canadian Pacific Railway (NYSE: CP) from Sector Outperform to Outperform. Price target increased from $49 to $67. RBC analyst says, "Seeing a return to a more...
Amtrak engineer, railway co. sued by man who lost wife, unborn child
(The following story by Kelly Holleran appeared on the Madison Record website on August 26, 2009.) MADISON, Wisc. — A man who says his wife and unborn child were killed after being hit by a train is suing the railway company and engineer he blames for the accident....
Caltrain calls third train-track suicide a rare ‘cluster’
(The following story by Karen de Sá appeared on the San Jose Mercury News website on August 25, 2009.) SAN CARLOS, Calif. — With a third Palo Alto student apparently committing suicide on the Caltrain tracks in just four months, railroad officials, educators and...
Antitrust update: Do railroads have a free ride?
(The following story by Jia Lynn Yang of Fortune Magazine appeared at CNN.com on April 25, 2009.) NEW YORK — The railroad industry is an old-time business, and for a while it was indeed stuck in the past -- choked by regulation and constantly beset with bankruptcies....
Shortline railroads keep American towns humming
(The Associated Press circulated the following on August 26, 2009.) AVON, N.Y. — After an hour of shunting rail cars aside, a 1964-vintage locomotive operated by Tim "Brown Dog" Carney nudges six hopper-loads down an embankment into a pasta factory. It's a routine...
US seeks crackdown on drug smuggling aboard trains
(The Associated Press circulated the following story by Christopher Sherman on August 25, 2009.) BROWNSVILLE, Texas — When rail cars idle on side tracks in Mexico to be loaded with legitimate cargo and shipped to the United States, drug smugglers scan for places to...
