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Daily Headlines
Editorial: The need for speed
(The following editorial appeared on the Wall Street Journal website on July 7.) NEW YORK — Florida Congressman John Mica has a radical idea: He wants to develop high-speed rail service between New York and Washington, D.C. We know what you're thinking – isn't there...
KCS to release second quarter earnings on July 31
(Kansas City Southern issued the following on July 7.) KANSAS CITY, Mo. — Kansas City Southern (KCS) (NYSE:KSU) will release its financial results for second quarter 2008 on Thursday, July 31, 2008, before the opening of trading on the New York Stock Exchange. KCS...
NS officials say ATV riders damaging tracks
(The Associated Press circulated the following on July 7.) WELCH, W.Va. — Officials with Norfolk Southern Co. say a problem with all-terrain vehicle riders cruising along train tracks is getting worse. Brian Kahle, a special agent for the company's police department,...
Editorial: Wrong time for Illinois governor to cut money for Amtrak
(The following editorial appeared on the Bloomington Pantagraph website on July 7.) BLOOMINGTON, Ill. — At a time when the state and nation should be encouraging greater use of public transportation, at a time when more people are being forced to use it because of...
CN derailment investigation under way in Miss.
(The Associated Press circulated the following on July 7.) FLORA, Miss. — Authorities are working to determine what caused the derailment of a freight train about eight miles north of Flora in Madison County. Canadian National Railway spokesman Patrick Waldron says 41...
NJ Transit’s retired railcars just the ticket for its peers
(The Associated Press circulated the following on July 6.) TRENTON, N.J. — They're cramped, with about 40 years of wear and tear. But suddenly the 104 Comet 1 railcars that NJ Transit is retiring seem like a pretty good deal to SEPTA and other transit agencies trying...
Railroads: The calm after the storm
(The following story by Justin Kuepper appeared at Investerm.com on July 6.) Railroads like Union Pacific Corporation (NYSE: UNP) and CSX Corporation (NYSE: CSX) have seen a sharp run-up this year despite rising fuel costs that have brought down the rest of the...
Crews rebuild track after BNSF derailment
(The Associated Press circulated the following on July 7.) FORSYTH, Mont. — Near Forsyth, crews are working to rebuild a train track after a coal train derailed early Monday morning. The Burlington Northern Santa Fe train spilled coal into the Yellowstone River. The...
BNSF derailment dumps coal into Yellowstone River
(The Associated Press circulated the following on July 7.) FORSYTH, Mont. — Authorities in Montana say high water eroded part of the ground beneath railroad tracks and caused a train derailment near the town of Forsyth. Burlington Northern Sante Fe Railway spokesman...
South Shore Railroad looks to bright future at 100
(The Associated Press circulated the following on July 6.) MERRILLVILLE, Ind. — Northern Indiana's South Shore commuter railroad is seeing ridership surge at it marks 100 years of operation amid record high gas prices. The high gas prices, crowded highway commutes and...
