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Daily Headlines
Railroads vying harder for freight
(The following story by Justin Carretta appeared on the Fleet Owner website on June 4.) With fuel costs at an all-time high, new proposals by rail giants CSX Corporation and Norfolk Southern are seeking to alleviate the costs of transporting goods by truck via the...
2 dead in Amtrak train’s second collision in 1 day
(The Associated Press circulated the following on June 4.) NEW ORLEANS — Authorities say an Amtrak train collided with a car in Louisiana and killed at least two people just hours after it hit another car in Mississippi. The second accident Wednesday involving the...
Sector snap: Analyst says autos to drag on rails
(The Associated Press circulated the following on June 4.) NEW YORK — A JPMorgan analyst said Wednesday automotive carloads are not likely to improve for North American freight railroads over the next several quarters, a day after General Motors Corp. announced four...
Trade associations file brief in support of TCI in CSX row
(Dow Jones Newswires circulated the following story by Shara Tibken on June 4.) NEW YORK — In the latest action surrounding swaps disclosures, two financial trading institutions expressed their support for The Children's Investment Fund's fight against CSX Corp. (CSX)...
UP blocks Los Angeles to San Francisco bullet train
(The following story by Eric Bailey appeared on the Los Angeles Times website on June 4.) SACRAMENTO, Calif. — At a time of skyrocketing gas costs, soaring airline fares and global-warming fears, the timing would seem perfect for a statewide vote on a 200-mph bullet...
CP Rail cleaning up its act to protect wildlife
(Canwest News Service circulated the following story on June 2.) CALGARY — Canadian Pacific is cleaning all its grain cars in an attempt to protect wildlife. Spilled grain from hopper cars can lead to wildlife deaths. Animals, including grizzly bears, have been hit by...
Durbin reports on train progress
(The following story by Jay Dickerson appeared on the Galena Gazette website on June 3.) GALENA, Ill. — On Janet Fisher's name tag was a simple descriptor: "The crazy train lady." It was meant as a lighthearted joke from Fisher, a member of the Blackhawk Area Railroad...
Watco acquires Fitzgerald Railcar Services’ operations
(The following appeared on the Progressive Railroading website on June 3.) Watco Cos. Inc. recently acquired the operations of Fitzgerald Railcar Services Inc. (FRSI), which will become a part of Watco Mechanical Services. FRSI provides rail-car repair and maintenance...
Intermodal yard backers to meet with Va. official
(The following story by Tim Thornton appeared on the Roanoke Times website on June 3.) ROANOKE, Va. — When Gov. Tim Kaine's transportation town meeting at Radford University breaks up this evening, another meeting will convene. John White, Pulaski's economic...
CN gets revenue-cap cash back on appeal
(The following appeared on the Alberta Farm Express website on June 4.) CALGARY — The ag research fund that benefits in years when Canada's railways earn too much revenue hauling Prairie grain must now pay back over $128,000 to Canadian National Railway (CN). The...
