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Daily Headlines
Opinion: Hobo rides the rail, shares blogs
(The following column by Jill Callison appeared on the Argus Leader website on March 26, 2009.) SIOUX FALLS, S.D. — You can squeeze yourself so snugly into the corner of a boxcar, Mark Nichols says, that no one knows you're there but you and God. "Sometimes you...
CSX blames Pa. firm for asbestos forgery
(The following story by Steve Korris appeared on the West Virginia Record website on March 25, 2009.) CHARLESTON, W.Va. — A plaintiff in a high-profile asbestos case apparently forged a signature on an X-ray report so he could repay an improper $750 advance from a...
KCS takes liquidity steps
(The following story by John D. Boyd appeared on The Journal of Commerce website on March 24, 2009.) WASHINGTON, D.C. — Kansas City Southern is issuing more debt for its Mexican operations and may issue stock for its U.S.-based company, to boost liquidity as traffic...
S&P cuts KCS debt rating
(The following story by John D. Boyd appeared on The Journal of Commerce website on March 24, 2009.) WASHINGTON, D.C. — Group cites concern over railroad’s tight liquidity, weakened earnings as traffic drops Standard & Poor's Ratings Services, a major ratings agency...
Among activist investors, a new hesitancy
(The following story by Zachery Kouwe appeared on the New York Times website on March 25, 2009.) NEW YORK — Last summer, Christopher Hohn’s powerful hedge fund, the Children’s Investment Fund, got just what it wanted. The fund, known as T.C.I., had prevailed in a...
Amtrak service rerouted because of flooding
(The following story by Andrea Johnson appeared on the Minot Daily News website on March 25, 2009.) MINOT, N.D. — Amtrak service to Grand Forks, Devils Lake, and Rugby has been derailed for at least the next two to three weeks due to flooding in the Red River Valley....
High-speed rail is all the rage, but what is it?
(The following story by Raju Chebium appeared on the Cherry Hill Courier-Post website on March 25, 2009.) WASHINGTON, D.C. — It's a happy time for train fans. Thrilled with the $8 billion that President Barack Obama and Congress have set aside this year for high-speed...
CSX to aid New York’s high-speed rail plans
(The following story by Lee Coleman appeared on the Daily Gazette website on March 26, 2009.) SCHENECTADY, N.Y. — A major railroad company has agreed to play an active role in making high-speed rail transportation a reality in New York state, U.S. Sen. Charles Schumer...
Virginia to fund intercity train service
(The following story by Jennifer Buske appeared on the Washington Post website on March 26, 2009.) WASHINGTON, D.C. — Mass transit options should increase by year's end, as Virginia officials finalize an agreement for the first state-funded intercity train service in...
Rhode Island to get $3.4 million for Amtrak system
(The Associated Press circulated the following on March 25, 2009.) PROVIDENCE, R.I. — Amtrak is investing $3.4 million in Rhode Island for security improvements and facility upgrades. Sens. Jack Reed and Sheldon Whitehouse, both Rhode Island Democrats, announced the...
