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Daily Headlines

Norfolk Southern thinks worst of recession is over

(The Associated Press circulated the following on July 29, 2009.) NEW YORK — The last of the major U.S. railroads to report second-quarter earnings agrees with the others: It appears the worst of the recession is over. But Norfolk Southern Corp. warned Wednesday of an...

CP Rail declares dividend

(Canadian Pacific Railway issued the following on July 29, 2009.) CALGARY — The Board of Directors of Canadian Pacific Railway Limited (TSX/NYSE: CP) today declared a quarterly dividend of twenty four and three quarter cents ($0.2475) Canadian per share on the...

CP Rail announces second-quarter results

(Canadian Pacific Railway issued the following on July 30, 2009.) CALGARY, Alberta — Canadian Pacific Railway Limited (TSX/NYSE: CP) announced second-quarter net income of $157 million, an increase of two per cent from $155 million in 2008. The impact on net income...

CP Rail quarterly net income up slightly

(Reuters circulated the following story by Euan Rocha on July 30, 2009.) TORONTO — Canadian Pacific Railway Ltd (CP.TO) said on Thursday its second-quarter net income rose slightly as a decline in freight volumes was offset by a gain on the sale of a portion of its...

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...

Railroad Retirement Board financial reports

(The U.S. Railroad Retirement Board issued the following on July 3, 2009.) CHICAGO — The Railroad Retirement Board (RRB) is required by law to submit annual financial reports and triennial actuarial valuations to Congress on the financial condition of the railroad...

MBCR provides opportunities for inner-city interns

(Massachusetts Bay Commuter Railroad Company issued the following on July 28, 2009.) BOSTON, Mass. — Massachusetts Bay Commuter Railroad Company today announced that six new interns are aboard for the third year of ABCD (Action for Boston Community Development), which...

TSA to begin Metra commuter train patrols

(The following appeared on the Franklin Park Herald-Journal website on July 28, 2009.) CHICAGO — Metra riders will soon see security teams from the federal Transportation Security Administration patrolling on commuter trains in the Chicago area, according to a news...

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