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CN reports Q2-2009 net income of C$387 million, down from year-earlier net income of C$459 million
(CN issued the following on July 20, 2009.) MONTREAL — CN today reported its financial and operating results for the second quarter ended June 30, 2009. Second-quarter 2009 highlights * Net income declined to C$387 million, or C$0.82 per diluted share, from...
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 pays initial extended unemployment benefits authorized by recovery act legislation
(The U.S. Railroad Retirement Board issued the following on June 30, 2009.) WASHINGTON, D.C. — The U.S. Railroad Retirement Board (RRB) began paying temporary extended unemployment benefits on June 30 authorized by the American Recovery and Reinvestment Act of 2009...
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...
Frontier train going strong in Cheyenne
(The following story appeared on The Denver Post website on July 18, 2009.) DENVER — The recession didn't ding the popularity of the Cheyenne Frontier Days train. This year's party and Western celebration on rails sold out in two hours in May, with tickets running...
Similar tone in earnings reports, but CSX stock up while Landstar down
(The following story by Mark Basch appeared on the Florida Times-Union website on July 20,2 009.) JACKSONVILLE, Fla. — CSX Corp. and Landstar System Inc. were the first Jacksonville companies to announce second-quarter earnings, and their reports last week basically...
Opinion: Why it’s hard to believe BNSF
(The following column by Kellyn Brown appeared on the Flathead Beacon website on July 18, 2009.) KALISPELL, Mont. — Burlington Northern Sante Fe Railway was hoping to clear the air last week when it told a group of prominent Whitefish politicians and business owners –...
Restored Amtrak rail cars used in Tampa
(The following story by Ted Jackovics appeared on the Tampa Tribune website on July 18, 2009.) TAMPA, Fla. — Amtrak passengers in Tampa will get to ride in the first of 81 passenger rail cars restored to service with $90.8 million in federal stimulus funding. The rail...
Nissan will ship from new rail-truck facility
(The following story by Carolyn Feibel appeared on the Houston Chronicle Copyright website on July 17, 2009.) HOUSTON — Nissan will begin shipping vehicles through the Kansas City Southern Railway's new distribution facility in Beasley, which abuts a recently reopened...
Opinion: The glories of Europe’s high-speed rails
(The following column by Tom Belden appeared on the Philadelphia Inquirer website on July 19, 2009.) AMSTERDAM — A two-week trip to Europe can enlighten in many ways. It can prompt such contrasting thoughts as, "Wow, the Renaissance was a great time to be an artist,"...
