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Daily Headlines
CN board selects Claude Mongeau to succeed E. Hunter Harrison as president and chief executive officer effective Jan. 1, 2010
(CN issued the following on April 21, 2009.) CALGARY — David G. A. McLean, chairman of the board of directors of CN (TSX: CNR)(NYSE: CNI), announced today the board’s selection of Claude Mongeau to succeed E. Hunter Harrison as president and chief executive officer of...
Norfolk Southern declares quarterly dividend
(Norfolk Southern issued the following on April 21, 2009.) NORFOLK, Va. – Norfolk Southern Corporation (NYSE: NSC) today announced the regular quarterly dividend of 34 cents per share on its common stock, payable on June 10, to stockholders of record on May 1. Since...
NS reports first-quarter 2009 results
(Norfolk Southern issued the following on April 21, 2009.) NORFOLK, Va. — For the first quarter of 2009, Norfolk Southern Corporation (NYSE: NSC) reported net income of $177 million, or $0.47 per diluted share, compared with $291 million, or $0.76 per diluted share,...
Norfolk Southern cites falling volume for profit plunge
(The following story by Robert McCabe appeared on The Virginian-Pilot website on April 22, 2009.) NORFOLK, Va. — With its freight volume off 20 percent because of the recession, Norfolk Southern Corp. reported Tuesday that its profit for the first quarter of 2009...
Norfolk Southern 1Q profit falls 39 percent
(The Associated Press circulated the following story by Samantha Bomkamp on April 21, 2009.) NEW YORK — Norfolk Southern Corp., the largest rail carrier of metals and automotive products in North America, said Tuesday its first-quarter earnings tumbled 39 percent as...
RRB: One-time economic recovery payments
(The Railroad Retirement Board issued the following on April 6, 2009.) CHICAGO — The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law by President Obama on February 17, 2009. The Recovery Act contains a number of provisions that affect...
2009 Railroad Retirement Board Informational Conferences
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. April 23, 2009 East Hanover, N.J. Ramada Inn & Conference...
Steaming full ahead in Nevada
(Canwest News Service circulated the following story by Rick Cropp and Barbara Braidwood on April 20, 2009.) CALGARY, Alberta — Train aficionados probably know all about the Nevada Northern Railway National Historic Landmark (www.nevadanorthernrailway.net), but it was...
‘Living steam’ lures train fans
(The following story by Sam Richards appeared on the Contra Costa Times website on April 20, 2009.) WALNUT CREEK, Calif. — The pressures of job and family don't leave much time for hobbies, but I took a personal day for myself Monday. I'm a train buff, and the big...
Illinois legislators get a taste of the worst of Chicago’s transit system
(The following story by Richard Wronski appeared on the Chicago Tribune website on April 18, 2009.) CHICAGO — At the risk of getting rust in the eye, eight lawmakers gazed Friday at the rougher edges of the Chicago area's mass transit network—a corroded metal roof at...
