BLET News
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Daily Headlines
BNSF installs camera system on 2,000th locomotive
(The following appeared on the Progressive Railroading website on July 22.) BNSF Railway Co.'s locomotive-mounted camera program recently reached a milestone. The railroad installed the 2,000th camera on a locomotive at the Topeka, Kan., maintenance terminal. Since...
Slashing profit forecast, CP Rail embraces efficiency
(The following story by Brent Jang appeared on the Globe and Mail website on July 23.) TORONTO — Surrendering hope for an economic revival this year, and slashing its profit forecast, Canadian Pacific Railway Ltd. is embarking on an efficiency drive that includes...
Chicago mass transit falls short in evacuation planning, federal report says
(The following story by Richard Wronski and Liam Ford appeared on the Chicago Tribune website on July 22.) CHICAGOA — An evacuation amid the chaos following a major terrorist attack or natural disaster in Chicago would leave the elderly and disabled especially...
CSX issues statement regarding TCI Group letter
(CSX issued the following on July 22.) JACKSONVILLE, Fla. — CSX today issued the following statement in response to a letter sent by the TCI Group to the CSX Board of Directors: The Company believes that three points are worth making. First, vote counts in contested...
TCI, 3G Capital send letter to CSX Board of Directors
(TCI and 3G Capital issued the following on July 22.) NEW YORK — The Children's Investment Fund Management (UK) LLP ("TCI") and 3G Capital Partners, Ltd. ("3G") today sent the following letter to the Board of Directors of CSX Corp. July 22, 2008 Board of Directors CSX...
BNSF’s Memphis intermodal facility could be engine of growth
(The following story by Jane Roberts appeared on the Memphis Commercial Appeal website on July 23.) MEMPHIS, Tenn. — As early as April 1, the best place to see Memphis's distribution muscle will be at Lamar and Shelby Drive. If you have trouble spotting the action,...
CN ready to drop EJ&E deal; would derail advantage for Memphis
(The following story by Jane Roberts appeared on the Memphis Commercial Appeal website on July 23.) MEMPHIS, Tenn. — For Memphis shippers who are waiting for faster rail transit times from Chicago, the journey took a lurch this week. Canadian National CEO Harrison E....
NS net rises on coal, agriculture
(Bloomberg News circulated the following story by Angela Greiling Keane on July 22.) NEW YORK — Norfolk Southern Corp., the fourth- largest U.S. railroad, said second-quarter profit rose 15 percent as increased demand for moving coal and agricultural products boosted...
NS reports record results
(Norfolk Southern issued the following on July 22.) NORFOLK, VA. -- For the second quarter of 2008, Norfolk Southern Corporation (NYSE: NSC) reported record net income of $453 million, or $1.18 per diluted share, compared with $394 million, or $0.98 per diluted share,...
NS earnings jump 15 percent in second quarter
(The following story by Gregory Richards appeared on The Virginian-Pilot website on July 23.) NORFOLK, Va. — Norfolk Southern Corp., the nation's fourth largest railroad, said Tuesday that its second quarter profit rose 15 percent on increased shipments of coal,...
