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Daily Headlines

Two Missouri rail lines reopened after derailment

(The Associated Press circulated the following on May 13, 2009.) WASHINGTON, Mo. — Union Pacific Railroad has reopened two rail lines that were damaged when a train hauling coal from Wyoming to Cora, Ill., derailed near Washington, Mo. Union Pacific spokesman Mark...

Railroad, town fight over towers

(The following article by Michelle L. Quinn appeared on the Post-Tribune website on May 14, 2009). SCHERERVILLE, Ill. — Two communication towers to be installed by Norfolk Southern Railroad have the Town Council looking into ways -- however futile -- to have them...

NJ Transit unveils plan for North Jersey rail line

(The following report appeared on The Star-Ledger website on May 14, 2009.) NEWARK, N.J. — NJ Transit announced on Wednesday it will begin work this spring on a rail line running across North Jersey that will include nine stations, a report in the Record said....

CN curbs delays on EJ&E Line

(The following story by John D. Boyd appeared on The Journal of Commerce website on May 13, 2009.) CHICAGO — Canadian National Railway vowed to cut the number of long delays at road crossings caused by train operations over its newly acquired Chicago-area short line,...

Suburban Chicago leaders seek help from Obama in rail traffic fight

(The following story by Richard Wronski appeared on the Chicago Tribune website on May 14, 2009.) CHICAGO — Several suburban state legislators and mayors called on President Barack Obama Wednesday to fill a vacancy on a federal regulatory board with someone...

Weak grain outlook helps rails

(The following story by John D.Boyd appeared on the Journal of Commerce website on May 13, 2009.) WASHINGTON, D.C. — A federal forecast for weak grain output this year could push up commodity prices and spur farmers and grain elevators to release more from their...

U.P. gathering comes amid uncertainty

(The following article by Joe Ruff was published in the Omaha World-Herald on May 14, 2009.) OMAHA, Neb. — Union Pacific Chairman and CEO Jim Young faces shareholders Thursday in the midst of a recession that has driven down profits while prompting spending cuts and...

Obama’s high-speed vision gets railroad companies back on track

(The following article by Jason Simpkins appeared on the Money Managing website on May 14, 2009.) BALTIMORE, Md. — Railroad companies have been some the best performers in the recent rally of U.S. equities. Canadian National Railway (NYSE: CNI) CSX Corp. (NYSE: CSX),...

Canadian National sells 3 rail lines in Miss.

(The Associated Press circulated the following on May 13, 2009.) JACKSON, Miss. — Canadian National Railway, parent of Illinois Central Railroad, said Wednesday it has sold 252 miles of rail line in Mississippi, including unprofitable routes from Natchez to Brookhaven...

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