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Daily Headlines
Twin Cities & Western Railroad names Bergeron Director of Sales
(The Twin Cities & Western Railroad issued the following on April 22.) GLENCOE, Minn. — The Twin Cities & Western Railroad Company has appointed Robin L. Bergeron as director of Sales, a newly created position, effective April 14. She is based at the Glencoe, Minn....
NS says crack in rail no big deal
(The following story by Craig McKee appeared on the State Journal website on April 22.) WAYNE, W.Va. -- Some folks who live along Front Street are concerned that the train tracks in front of their home could lead to a disaster. A crack has formed in the solid steel...
NS declares quarterly dividend
(Norfolk Southern issued the following on April 22.) NORFOLK, Va. — Norfolk Southern Corporation (NYSE: NSC) today announced the regular quarterly dividend of 29 cents per share on its common stock, payable on June 10 to stockholders of record on May 2. Since its...
CSX to pay $491,000 to replace wildlife
(The following story by Justin Averette appeared on the Shelby County Reporter website on April 22.) CHELSEA, Ala. — Train company CSX will pay almost $500,000 to replace wildlife killed after a train wreck near Chelsea in May 2006. CSX Corporation settled April 7...
Shortline’s refusal to reopen spur line is illegal, says Oregon governor
(The following story by John Sowell appeared at OregonNews.com on April 22.) ROSEBURG, Ore. — Oregon Gov. Ted Kulongoski said today the refusal of the Central Oregon & Pacific Railroad to reopen the Coos Bay spur line constitutes “an unlawful embargo” and a violation...
Ahead of the Bell: NS falls on earnings
(The Associated Press circulated the following on April 23.) NEW YORK — Shares of Norfolk Southern Corp. are falling in premarket trading Wednesday after the railroad operator reported a first-quarter profit that missed analyst expectations. Norfolk Southern shares...
Mangled CSX deal barely clears Fla. Senate hurdle
(The following appeared on the Orlando Sentinel website on April 23.) ORLANDO — Central Florida and CSX would have to sign off on a whole new commuter rail agreement, under a plan by Senate Majority Leader Daniel Webster to keep the battered rail deal from collapsing...
CN gets more opposition to EJ&E plan
(The following story by Richard Wronski appeared on the Chicago Tribune website on April 22.) CHICAGO — Suburban leaders fighting the Canadian National Railway's plan to boost freight train traffic through their communities bolstered their ranks Tuesday and called on...
CN warns of economic peril for Chicago if bypass purchase rejected
(The Canadian Press circulated the following story by Ross Marowits on April 22.) MONTREAL — Canadian National Railway Co.'s (TSX:CNR) tough-talking boss warned Chicago residents Tuesday that opposition to its planned expansion could threaten area jobs and cause...
CN Rail defends purchase of Chicago rail line
(Reuters circulated the following on April 22.) VANCOUVER, B.C. — Opponents of Canadian National Railway's planned purchase of the Elgin, Joliet & Eastern Railway are ignoring the reality of a congested U.S. railway system, CN's chief executive said on Tuesday. Hunter...
