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Daily Headlines
Company to make railcars in S. Phila.
(The following story by Paul Nussbaum appeared on the Philadelphia Inquirer website on October 23.) PHILADELPHIA — A South Korean firm will build railcars for SEPTA and other transit agencies in a 290,000-square-foot building in South Philadelphia, creating about 300...
Town chamber critical of CSX project
(The following story by Jeremy Maready appeared on The Lakeland Ledger website on October 23.) WINTER HAVEN, Fla. — Is the Lakeland Area Chamber of Commerce taking a stand against the proposed CSX Integrated Logistics Center in Winter Haven? It might appear that way...
Western Grains Research Fund repays $870K to CP Rail
(The Canadian Press circulated the following on October 22.) SASKATOON, Sask. — The Western Grains Research Foundation says it is being asked to repay $870,783 to Canadian Pacific Railway (TSX:CP). The payment comes after CPR appealed a notice from the Canadian...
All aboard
(The following story by Brian Wingfield appeared at Forbes.com on October 23.) WASHINGTON, D.C. — One of the major lobbying wars of 2008 is shaping up on Capitol Hill. The issue: whether railroads should enjoy partial exemption from anti-trust legislation. The...
Four Amtrak unions reject arbitration
(The following story by Tom Ramstack appeared on the Washington Times website on October 23.) WASHINGTON, D.C. — Amtrak workers who have labored for the railroad for seven years without a contract are rejecting the idea of a federal mediator, starting a countdown...
Short line deal might spur rail link
(The following story by Laura McCandlish appeared on the Baltimore Sun website on October 23.) BALTIMORE, Md. — Maryland Midland Railway Inc., a 70-mile short-line railroad that primarily serves Lehigh Cement Co. in Carroll County, is being sold for about $29.1...
Opinion: Central Florida rail agreement meets needs of growing state
(The following column by Michael J. Ward appeared on the Florida Times-Union website on October 23. Ward is chairman, president and CEO of CSX Corp. JACKSONVILLE, Fla. — Here's a fact that is no secret to Floridians. Our state is growing rapidly. Thirteen Florida...
CSX wins environmental award
(CSX Transportation issued the following on October 22.) JACKSONVILLE, Fla. — CSX Transportation (CSXT) today announced that it has received a U.S. Environmental Protection Agency (EPA) SmartWay Excellence Award, which recognizes freight carriers that have made...
Stock outlook for North American railroads: Stable
(The following report appeared at Forbes.com on October 23.) BOSTON, Mass. — Moodys Investors Service Monday said the ratings outlook for North American railroads is stable, as a weakening economic outlook, more aggressive financial policies and the need for...
UP files petition for waiver of compliance
(The Federal Railroad Administration issued the following on October 23.) WASHINGTON, D.C. — In accordance with Part 211 of Title 49 Code of Federal Regulations (CFR), notice is hereby given that the Federal Railroad Administration (FRA) has received a request for a...
