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Daily Headlines
Canadian National confident on EJ&E deal, posts 14 percent profit
(The following story by Inyoung Hwang appeared on the Medill Reports website on October 22.) CHICAGO — The chief executive officer of Canadian National Railway Co. affirmed Tuesday his confidence in obtaining regulatory approval for the company’s $300-million purchase...
Union Pacific reports 38 percent earnings growth
(Union Pacific Corp. issued the following on October 23.) OMAHA, Neb. — Union Pacific Corporation (NYSE: UNP) today reported 2008 third quarter net income of $703 million, or $1.38 per diluted share, compared to $532 million, or $1.00 per diluted share for the third...
Railroad Retirement Board: Dual benefit payments
(The U.S. Railroad Retirement Board issued the following on October 7.) CHICAGO — The payment of a railroad retirement annuity can be affected by entitlement to social security benefits, as well as certain other government benefits. Such dual entitlement, if not...
Railroad Retirement Board Informational Conferences
CHICAGO — The following are informational conferences conducted by the U.S. Railroad Retirement Board. All informational conference registrations begin at 8:00 a.m., with the programs beginning promptly at 8:30 a.m. and ending at 12:30 p.m. OCTOBER Friday, October 24...
Deadline is October 28 for Hurricane Ike Disaster Relief assistance in Louisiana, Texas
CLEVELAND, October 22 — The Teamsters Disaster Relief Fund is accepting applications for assistance from members in Louisiana and Texas after Hurricane Ike damaged homes and property in early September. Assistance is available to individuals and households in the...
German company develops laser to boost safety for high-speed trains
(LAP GmbH issued the following press release on October 21.) LÜNEBURG, Germany — In collaboration with the Polish company Graw, LAP GmbH has developed a new system for the inspection of wheels, wheel sets and the running gear of track vehicles. This development...
7 KCS train cars derail in Stone County, Miss.
(The following story by Robin Fitzgerald appeared on the Sun Herald website on October 21.) BILOXI, Miss. — As one official put it, the good news about a train derailment Tuesday in Stone County is that no one was injured after cars containing hazardous chemicals ran...
Positive Train Control ran successfully in years-long BN trial
(The following story by John Dodge appeared on the Design News website on October 21.) New technologies need champions and in the 1980s, Positive Train Control (PTC) found one in Burlington Northern Railroad (BN) R&D Director Steve Ditmeyer. Ditmeyer and other BN...
GE pursues massive rail deal with firm in India
(The following story by Jim Martin appeared on the Times News website on October 22.) ERIE, Pa. — GE Transportation has teamed with an Indian company to chase what could be the largest locomotive order in company history. Indian Railways had already named GE to a...
Obama turnout priority in labor’s bid to revive political clout
(Bloomberg News circulated the following story by Kim Chipman on October 22.) WASHINGTON, D.C. — The House of Labor, divided against itself, has a lot riding on this presidential election: turning out its members for Democrat Barack Obama and proving it isn't a paper...
