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Daily Headlines
NJ Transit encourages drivers to dump the pump
(The following appeared on the 1010 WINS website on June 20.) NEW YORK — It's a good day to ditch the car and ride the rails or buses. 1010 WINS AUDIO: John Montone reports: Thursday is the third annual National Dump the Pump Day, and The American Public...
Opinion: House-approved Amtrak reform is long overdue
(The following editorial appeared on The Denver Post website on June 19.) DENVER, Colo. — The U.S. House of Representatives threw a well-aimed jab at rising fuel prices last week by nearly doubling funding for intercity rail service — America's most fuel efficient...
Coal outlook remains good, Norfolk Southern chief says
(The following story by Gregory Richards appeared on The Virginian-Pilot website on June 20.) NORFOLK, Va. — Norfolk Southern Corp. expects its coal exports to increase more than 50 percent this year over 2007, said Wick Moorman, the Norfolk-based railroad's chairman...
Union Pacific affirms 2008 earnings forecast
(Reuters circulated the following on June 19.) NEW YORK — U.S. railroad Union Pacific Corp. on Thursday affirmed its full-year profit forecast, despite disruptions caused by Midwest flooding that will reduce second-quarter earnings about 5 cents per share. The company...
UP, rails may be slow to mend from floods
(Bloomberg circulated the following story by Angela Greiling Keane on June 19.) NEW YORK — Union Pacific Corp. and other North American railroads may take months to recover from the effects of severe flooding in the U.S. Midwest that's hampering rail operations and...
Midwest floods may hurt UP’s corn shipments
(Bloomberg News circulated the following on June 19.) NEW YORK — Union Pacific Corp., the largest U.S. railroad, may carry less corn in the fourth quarter because of flooding in Iowa and other Midwestern states, Chief Executive Officer James Young said. The railroad...
UP main lines opened: BNSF still blocked in S.E. Iowa
(The following story by Dan Piller appeared on the Des Moines Register website on June 19.) DES MOINES, Iowa — Union Pacific Railroad said Thursday that its main lines through Iowa have been reopened, although lingering effects of the flooding will cause trains to...
UP resumes shipping major line across Iowa
(The Associated Press circulated the following on June 19.) OMAHA, Neb. - Union Pacific Corp. said it resumed limited shipments on its main line across Iowa Thursday after the floodwaters receded enough to allow repairs. The Omaha-based railroad imposed embargoes on...
Floods sink Midwest rail traffic
(The following story by Angela Barnes appeared on the Globe and Mail website on June 20. With information from Bloomberg News.) TORONTO — The massive flooding in the U.S. Midwest is not only affecting U.S. corn and soybean production. It is also disrupting rail...
Amtrak workers take kids for a free ride
(The following story by Lynne Jensen appeared on the Times Picayune website on June 19.) NEW ORLEANS — With money from his own pocket, some raised by collecting aluminum cans, Gilbert Isaac treated a group of children to an afternoon train ride on the City of New...