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Daily Headlines
North Platte is now ‘Rail Town USA’
(The following story by Diane Wetzel appeared on The North Platte Telegraph website on February 13.) NORTH PLATTE, Neb. — As the home of Union Pacific Bailey Yard, the world’s largest switching yard and the world’s busiest railroad tracks in the world, it makes good...
Opinion: Jump from train harder than it looks
(The following column by mark Brown appeared on the Chicago Sun-Times website on February 12.) CHICAGO — I've got to admit there's a part of me that's always wondered what it would be like to jump from a moving train, preferably a very slow moving train. I mean, they...
Opinion: Rail will keep pulling its weight
(The following column by Scott Saylor appeared on the News-Record website on February 13. Mr. Saylor is president of North Carolina Railroad Co.) GREENSBORO, N.C. — Just a few weeks ago, Congress, for the first time in 32 years, increased vehicle fuel-economy...
New Lenox tries to soften blow of EJ&E purchase
(The following story by Patrick Ferrell appeared on the Suburban Chicago News website on February 13.) NEW LENOX, Ill. — The village took two major steps forward this week by hiring a law firm and Web designer to help rally support in the growing battle over Canadian...
CP Rail renews Fastfrate contract for C$500 million
(Bloomberg News circulated the following by Hugo Miller on February 13.) TORONTO — Canadian Pacific Railway Ltd., the country's second-largest railroad, renewed a logistics contract with trucking company Consolidated Fastfrate for C$500 million ($501 million). The...
Shippers: CN rail car plan will harm grain handling
(The following appeared on the Manitoba Cooperator website on February 13.) WINNIPEG — A group of Prairie grain shippers including the Canadian Wheat Board and five of the Prairies' smaller grain firms want "emergency interim relief" from federal regulators to put a...
NY State Senator threatens to hold up $30 million in Amtrak
(The following story by Louise Hoffman Broach appeared at Syracuse.com on February 12.) LYONS , N.Y. — State Sen. Michael Nozzolio is threatening to hold up $30 million for high-speed upgrades until Amtrak commits to a station on the longest stretch of track along the...
Official: CSX derailment didn’t contaminate Indy’s wells
(The following appeared on the Indianapolis Star website on February 13.) Testing of wells near a Far-Westside train derailment shows no contamination from spilled chemicals, according to the Marion County Health Department. "We were not able to pick up any impacted...
STB seeks public comments on cost-of-equity calculation change
(The following appeared on the Progressive Railroading website on February 13.) The Surface Transportation Board (STB) plans to change the way it determines the cost-of-equity component of the rail industry's cost of capital. But before the agency does so, board...
Railroad stocks build up steam
(The following appeared at BusinessWeek.com on February 12.) NEW YORK — The Standard & Poor's 1500 Railroads subindustry index is the newest member of the high momentum list, indicating that its trailing 12-month price performance is now in the top 10% of all...
