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Daily Headlines
BNSF crews to lay 30 miles of rail through Missouri and Arkansas
(BNSF Railway issued the following on January 20, 2009.) FORT WORTH, Texas — At the end of January, BNSF Railway Company will begin replacing almost 30 track miles of rail and 15,000 railroad ties in its Thayer subdivision between Teed, Mo., and Memphis, Tenn. "The...
Schieffer says CP Rail seems to have backed away from rail upgrade
(The Associated Press circulated the following on January 20, 2009.) SIOUX FALLS, S.D. — Has Canadian Pacific Railway backed away from plans to extend the Dakota, Minnesota & Eastern line to haul Wyoming coal? Former DM&E President and CEO Kevin Schieffer seems to...
BNSF official says 51 furloughed in Edgemont
(The following story by Curt Nettinga appeared on the Hot Springs Star website on January 20, 2009.) EDGEMONT, S.D. — The downturn in the economic situation in the county has reached home, as dozens of Burlington Northern Sante Fe employees based out of Edgemont have...
Opinion: A long train ride
(The following column by Amy Goodman of King Features appeared on the San Francisco Chronicle website on January 21, 2009.) WASHINGTON, D.C. — It started with a train ride. Barack Obama rode to Washington for his presidential inauguration on a whistle-stop tour. "To...
Michigan truck driver takes center stage on Obama inaugural train
(The following story by Deb Price and David Shepardson appeared on the Detroit News website on January 17, 2009.) WASHINGTON, D.C. — A truck driver from Taylor played a prominent role Saturday on president-elect Barack Obama's whistle stop train bound for Washington...
Buffett ups Burlington Northern stake to 21.8 pct
(Reuters circulated the following on January 21, 2009.) NEW YORK — Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) has raised its stake in Burlington Northern Santa Fe Corp (BNI.N) to 21.8 percent, after spending about $271 million this month on shares of...
CSX still sees ’09 price increases of 5-6 pct
(Reuters circulated the following on January 21, 2009.) CHICAGO — U.S. railroad CSX Corp (CSX.N) said on Wednesday that it still expects to raise prices to haul freight in 2009 by between 5 percent and 6 percent, despite the ongoing economic downturn. Speaking on a...
CSX 4Q earnings fall, miss views
(The Associated Press circulated the following on January 20, 2009.) JACKSONVILLE, Fla. — Railroad operator CSX says its fourth-quarter earnings sank 32 percent from a year-earlier, mostly due to a sizable writedown on the value of a resort the company owns. The...
CSX announces fourth quarter 2008 results
JACKSONVILLE, Fla. — CSX Corporation (NYSE: CSX) today announced fourth quarter earnings per share of 63 cents. These results include a noncash impairment charge of 27 cents per share related to the write-down of its investment in The Greenbrier resort. Excluding this...
President Obama’s inaugural speech
WASHINGTON, D.C. — Barack Obama was sworn in as the 44th president of the United States and the nation's first African-American president on January 20, 2009. This is a transcript of his prepared speech (from CNN.com): My fellow citizens: I stand here today humbled by...
