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Daily Headlines
High winds blamed for train derailment in Ohio
(The following report by Kim Wendel appeared at WKYC.com on January 30.) OTTAWA COUNTY -- Just after 4 a.m. today, high winds sent four railroad cars from a passing train tumbling over a bridge and into Sandusky Bay. One car has also overturned on the tracks. Ottawa...
CN cuts back operations due to severe weather
(CN issued the following on January 29.) MONTREAL — CN announced today that due to the extreme cold and wind conditions, the Company has temporarily reduced freight service in most areas of Western Canada. “The health and safety of our employees and the security of...
BNSF CEO sees ’08 freight “down 1 percent to up 1 percent”
(Reuters circulated the following story by Nick Carey on January 29.) CHICAGO — U.S. railroad Burlington Norther Santa Fe Corp should see freight volumes in a range from "down 1 percent to up 1 percent" in 2008, the company's top executive said on Tuesday. "There are...
Amtrak outlines potential new routes
(The following story by Peter Bacque appeared on the Richmond Times-Dispatch website on January 30.) RICHMOND, Va. — Amtrak says the most promising routes for new Virginia passenger train service would be Washington-Lynchburg and Washington-Newport News. But the state...
Rising fuel costs hold back growth in profit at BNSF
(The following story by David Wethe appeared on the Fort Worth Star-Telegram Staff website on January 30.) FORT WORTH, Texas — Rising fuel costs held BNSF's fourth-quarter profit to 3 percent growth, the company announced Tuesday. But rising demand for everything from...
Transportation ETF rises to one-month high on BNSF earnings
(The following appeared at CNN.com on January 29.) NEW YORK — The Dow Jones Transportation Index ETF (IYT) rallied to a one-month high Tuesday following solid fourth-quarter earnings at Burlington Northern Santa Fe Corp. and better-than-expected durable goods orders...
Even in a slump, everything’s working on the railway
(The following story by Brent Jang appeared on the Globe and Mail website on January 30.) TORONTO — Even as the North American economy lurches into low gear, the railway sector is looking downright recession-proof and poised for yet another year with strong profit....
EJ&E plan a tough sell for Hoffman Estates crowd
(The following story by Ashok Selvam appeared on the Daily Herald website on January 29.) CHICAGO — Hoffman Estates residents Monday were ready to blame Canada for the pending sale of the Elgin, Joliet & Eastern Railroad. Canadian National's purchase would bring extra...
Kane County officials cool to sale of EJ&E
(The following report by y Lisa Smith appeared on the Daily Herald website on January 29.) CHICAGO — A proposed ownership change of the Elgin, Joliet & Eastern Railway Co. that would divert more freight trains to the suburbs has Kane County officials worried about...
Circus train pulls into Greenville, S.C.
(The following appeared at WYFF4.com on January 29.) GREENVILLE, S.C. — Circus fans and those who want to get a glimpse of elephants and other animals walking down the streets of Greenville get their chance on Tuesday. Ringling Bothers and Barnum and Bailey Circus is...
