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Daily Headlines
CN’s profit rises 14% on higher rates
(Bloomberg News circulated the following story by Hugo Miller on October 21.) NEW YORK — Canadian National Railway Ltd., the country's largest railroad, said third-quarter profit rose 14 percent as the company charged more to deliver coal, metals and minerals. Net...
CN expects to withstand economic slowdown
(The Canadian Press circulated the following story by Ross Marowits on October 22.) MONTREAL — Canadian National Railway (TSX: CNR) says it's in the best position in its history to withstand an economic downturn, as productivity efficiencies are expected to help the...
Coal carries Norfolk Southern
(The following story by Ruthie Ackerman appeared at Forbes.com on October 21.) NORFOLK, Va. — Strong demand for coal and efficiency gains helped Norfolk Southern offset declining shipments of automobiles and housing-related products in the third quarter. Investors...
NS, CN say earnings rose on coal
(Bloomberg News circulated the following story by Angela Greiling Keane and Hugo Miller on October 21.) NEW YORK — Norfolk Southern Corp., the fourth- largest U.S. railroad, and Canadian National Railway Ltd., that country's biggest carrier, posted quarterly profit...
CN reports net income of C$552 million
(CN issued the following on October 21.) MONTREAL — CN (TSX: CNR)(NYSE: CNI) today reported its financial and operating results for the third quarter and nine months ended Sept. 30, 2008. Third-quarter 2008 highlights * Diluted earnings per share increased 21 per cent...
Norfolk Southern reports record third-quarter 2008 results
(Norfolk Southern Corp. issued the following on October 21.) NORFOLK, Va. — Norfolk Southern Corporation (NYSE: NSC) reported third-quarter 2008 net income of $520 million, or $1.37 per diluted share, compared with $386 million, or $0.97 per diluted share, for the...
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 21 — 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...
Lawsuits filed over Texarkana rail explosion
(The Associated Press circulated the following on October 20.) TEXARKANA, Ark. — Lawsuits filed over the 2005 Union Pacific derailment, explosion and chemical leak in Texarkana include one case that claims a second person died as a result of the accident and others...
