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Daily Headlines
KCS boasts record operating income
(Kansas City Southern issued the following on February 5.) KANSAS CITY, Mo. — Kansas City Southern (KCS) (NYSE:KSU) reported record fourth quarter 2007 revenues of $460.3 million, a 4.0% increase over the corresponding 2006 period. Revenue growth was primarily the...
140 years of railroad history in East Aurora
(The following story by David Hamilton appeared on the East Aurora Advertiser website on February 3. A former East Aurora resident, Mr. Hamilton is researching the history of railroads around East Aurora and would like to hear from residents who worked for or rode on...
Reno trench battle was a divisive one
(The following story by Susan Voyles appeared on the Reno Gazette-Journal website on February 3.) RENO, Nevada — In the 21⁄2 years since the Reno railroad trench has opened, it hasn't flooded, been destroyed by earthquake or bankrupted the city as predicted by some....
Frankfort prepares for EJ&E sale
(The following story by Marty Hawrysko appeared on the Herald News website on February 4.) FRANKFORT, Ill. — Village officials are looking into all possible options for dealing with increased train traffic in the event that federal authorities give the go-ahead to...
Cameras on trains to record fatalities
(The following story by Erik N. Nelson appeared on The Argus website on February 3.) PLEASANTON, Calif. — Freight railroad Union Pacific is installing cameras on its locomotives with the grisly objective of recording accidents involving their trains colliding with...
Fla. officials seeking more info about impact from CSX terminal
(The following story by Tom Palmer appeared on The Lakeland Ledger website on February 2.) BARTOW, Fla. — The quest to find out more about the impact of the proposed CSX rail freight terminal in Winter Haven is cranking up. On Friday, officials at the Central Florida...
Supreme Court backs CSX, throws out tax assessment
(The following story by Joseph D. Henchman appeared at Heartland.org on February 4. Mr. Henchman (jdh@taxfoundation.org) is tax counsel at the Tax Foundation, a national nonpartisan tax research organization in Washington, D.C.) In a decision establishing stronger...
Anti-terror group rides passenger trains
(The following story by Tony Bizjak appeared on the Sacramento Bee website on February 4.) SACRAMENTO, Calif. — Federal anti-terrorism agents with guard dogs and cameras showed up at the downtown train depot briefly last week, then just as mysteriously disappeared,...
SEPTA’s new chief maps route to better service
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on February 4.) PHILADELPHIA — SEPTA's new general manager, Joseph M. Casey, takes the helm at an unusually auspicious moment in Philadelphia transit history. Ridership is up....
Mayo Clinic worried by CP Rail’s U.S. acquisition
(CBC News circulated the following on February 1.) The internationally renowned Mayo Clinic has asked a U.S. regulator to intervene in Canadian Pacific Railway's pending $1.5-billion-US takeover of the Dakota, Minnesota and Eastern Railroad. The medical centre in...
