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Daily Headlines
Analyst sees short-term leap for 2 biggest rails
(The Associated Press circulated the following on September 10.) NEW YORK — A UBS analyst said Wednesday that a strong rally in shares of the two largest railroads is likely over the next three months, suggesting that low fuel prices and better-than-expected...
SEPTA offers a peek at its future
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on September 11.) PHILADELPHIA — SEPTA's vehicle of the future sparkled in a warm sun yesterday, draped in banners and exuding a new-car smell as city, state, corporate and transit...
Amtrak supporters urge completion of legislation
(The Associated Press circulated the following on September 10.) WASHINGTON, D.C. — Supporters of Amtrak in Congress are urging their colleagues to complete a key piece of legislation for the railroad. Sen. Frank Lautenberg, D-N.J., who sponsored the bill to authorize...
CSX raises 2008 profit forecast
(Reuters circulated the following on September 11.) NEW YORK — Railroad CSX. raised its 2008 profit forecast on Thursday, citing strong industry momentum, and said long-term earnings growth would be higher than previously expected, sending its shares up nearly 5...
Spokesman vows EJ&E purchase will ease train traffic
(The following story by Tony Bertuca appeared on the Pioneer Press website on September 11.) DES PLAINES — A representative from Canadian National Railway promised the Des Plaines City Council Sept. 2 that a proposed $300-million bid to purchase Elgin, Joliet &...
Canadian National’s bid for U.S. line has town furious
(Reuters circulated the following story by Nick Carey on September 11.) CHICAGO — By all accounts, the U.S. will need more rail tracks in the coming years to handle freight for a growing population's needs, but laying down any new rails is a sure way for companies to...
CN seeks speedy ruling on Chicago rail line deal
(The Canadian Press circulated the following on September 11.) MONTREAL — Canadian National Railway Co. threatened yesterday to ask a court in Washington, D.C., to force U.S. regulators to rule quickly on the Canadian company's proposed purchase of a Chicago-area rail...
CN will go to court over stalled railway deal
(Reuters circulated the following on September 10.) VANCOUVER, B.C. — Canadian National Railway will ask a U.S. court to force regulators to rule quickly on its planned purchase of the Elgin, Joliet & Eastern Railroad, an executive said on Wednesday. The Surface...
Nation marks 7th anniversary of terror attacks
(The Associated Press circulated the following by Amy Westfeldt on September 11.) NEW YORK — The nation paused Thursday to mark the seventh anniversary of the Sept. 11 terrorist attacks with a heartfelt ceremony at the World Trade Center site, the dedication of a...
Memorial at Pentagon marks 9/11 anniversary
(The following story by Nick Miroff and Debbi Wilgoren appeared on the Washington Post website on September 11.) WASHINGTON, D.C. — Seven years from the day a hijacked jetliner exploded into the western side of the nation's military headquarters, the Pentagon Memorial...
