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Daily Headlines
Study: Landing central RR terminal would be an economic coup
(The Associated Press circulated the following on December 26.) INDIANAPOLIS, Ind. — Indiana is among several states trying to court a greater railroad presence, but a new study shows the state is not well-positioned to land a large intermodal terminal where freight...
Leavenworth gets grant for Amtrak stop
(The Associated Press circulated the following on December 24.) LEAVENWORTH, Wash. — This Bavarian-themed village in central Washington will be a new Amtrak stop next year. The project to add a passenger train stop on the route between Seattle and Chicago now has...
CP rail reports 39 car derailment near Minot
(The Associated Press circulated the following on December 24.) ANAMOOSE, N.D. — The Canadian Pacific Railway says 39 coal cars on a 118-car train derailed near Anamoose, southeast of Minot. The railroad says no one was hurt. CP Rail spokeswoman Breanne Feigel says...
Will Indiana miss rail’s renaissance?
(The following story by Jeff Swiatek appeared on the Indianapolis Star website on December 21.) INDIANAPOLIS, Ind. — Railroads, once written off as outdated and slow, have become the latest drivers of economic growth, with Indiana among the states courting a greater...
High gas prices help boost NJ Transit
(The following story by Thomas Barlas appeared on the Press of Atlantic City website on December 26.) ATLANTIC CITY, N.J. — NJ Transit ridership set a record during the first quarter of fiscal year 2008, thanks in part to customers who would rather pay to ride a bus...
CN will pay $25 million to buy rail link to Alberta oilsands
(The Canadian Press circulated the following on December 26.) MONTREAL — Canadian National Railway Co. has signed a deal to buy the Athabasca Northern Railway Ltd., a key railway link to the oilsands region of northern Alberta. CN said Monday it will pay $25 million...
SEPTA cop helps deliver a Christmas baby
(The following story by Dafney Tales appeared on the Philadelphia Daily News website on December 26.) PHILADELPHIA — Steven Rocher's Christmas morning began like many other holiday celebrations. He woke up early and went over to his mother's house to surprise her with...
Former rail boss George Warrington dead at 55
(The following story by William Lamb appeared at NorthJersey.com on December 25.) George D. Warrington, the former NJ Transit executive director who eased overcrowding on the system's trains and helped jump-start plans for a new rail tunnel under the Hudson River,...
TCI, 3G form group owning 8.3% of CSX shares
(TCI and 3G issued the following on December 21.) NEW YORK — The Children’s Investment Fund Management (UK) LLP (“TCI”) and 3G Capital Partners, LTD. (“3G”) today filed a Schedule 13D with the Securities and Exchange Commission disclosing that they and several...
Investors to nominate CSX board members
(The Associated Press circulated the following on December 21.) NEW YORK — CSX Corp. shareholders 3G Capital Partners Ltd. and The Children's Investment Fund Management LLP said Wednesday they have partnered to jointly nominate a minority slate of 5 directors to the...
