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Daily Headlines
Faulty track blamed in CN crash
(The following story by Dawn Walton and Katherine O'Neill appeared on the Globe and Mail website on October 26.) CALGARY and WABAMUN, Alberta — A defective portion of track initially suspected of causing a CN freight train to derail more than two years ago has been...
Amtrak’s unionized workers draw line
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on October 26.) PHILADELPHIA — Amtrak workers who have been without a labor contract for seven years have rejected arbitration in their long-running battle, starting a countdown toward...
Amtrak rides high with record passengers in Northwest, nationally
(The following story by Kristin Jackson appeared on the Seattle Times website on October 26.) SEATTLE — Amtrak is riding high, with a record number of train passengers in the Pacific Northwest and nationally. The Amtrak Cascades service, which includes trains from...
Editorial: Railroad rules update needed
(The following editorial appeared on the San Antonio Express-News website on October 25.) SAN ANTONIO, Texas — In 2004, freight trains carried a load of trouble — and danger — for residents of Bexar County. The worst incident came when two trains collided in a rural...
CP Rail earnings expected to slow due to loonie
(The following report by Scott Deveau appeared on the National Post website on October 26.) OTTAWA — Canadian Pacific Railway Ltd. (CP/TSX) should expect the steam to be taken out of its fourth quarter earnings and into 2008 due to the strong loonie, according to UBS...
Forest products woes expected to hurt CN more than CP, say analysts
(The Canadian Press circulated the following on October 26.) MONTREAL — While Canada's railroads are being battered by higher currency and fuel prices, the weakened forest products sector is expected to hammer the country's largest railway, CN Rail (TSX:CNR), more...
Jacksonville becoming major player in global trade
(The following story by Max Marbut appeared on the Jacksonville Daily Record website on October 25.) JACKSONVILLE, Fla. — With one exception, it was all great news and optimistic attitude at the 2nd Annual Global Trade & Transportation Symposium Wednesday morning at...
AAR: Rail traffic drops in week ending Oct. 20
(The Association of American Railroads issued the following on October 25.) WASHINGTON, D.C. — Freight traffic on U.S. railroads was down compared with the same week last year during the week ended October 20, the Association of American Railroads (AAR) reported...
Shippers say railroad industry has taken advantage of ‘monopoly’
(The following story by Gregory Richards appeared on The Virginian-Pilot website on October 26.) NORFOLK, Va. — Alliant Techsystems Inc., which runs the Radford Army Ammunition Plant west of Roanoke, has a beef over service and rates with Norfolk Southern Corp. and...
Railroad revenue rising, but trucking companies aren’t doing as well
(The following story by Randolph Heaster appeared on The Kansas City Star website on October 26.) KANSAS CITY — Railroads and truckers move freight that fuel the nation’s economy, but in the face of an economic slowdown, railroads are doing well while trucking...
