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Daily Headlines
CN reports 3Q financial results
(CN issued the following on October 22.) MONTREAL — CN reported its financial and operating results for the three-month and nine-month periods ended Sept. 30, 2007. Key third-quarter 2007 statistics: * Diluted earnings per share of C$0.96, including a C$0.03 per share...
CN Rail’s 3Q earnings dip on forestry woes
(Reuters circulated the following story by Allan Dowd on October 22.) VANCOUVER, B.C. — Canadian National Railway Co. reported a 2 percent drop in net income in the third quarter on Monday due to weaker forestry shipments and a stronger Canadian dollar. The railway...
BNSF profits up
(BNSF Railway issued the following on October 23.) CHICAGO — Railroad company Burlington Northern Santa Fe Corp. posted better-than-expected quarterly profit on Tuesday as strong pricing offset lower freight volumes, sending its shares up 4 percent. But the railroad...
BNSF reports all-time record quarterly EPS, revenues and operating income
FORT WORTH, Texas — Burlington Northern Santa Fe Corporation (BNSF) today reported all-time record quarterly earnings of $1.48 per diluted share, compared with third-quarter 2006 earnings of $1.33 per diluted share. Highlights included: * Quarterly earnings were $1.48...
UP’s bypass planning begins in Colorado
(The following story by Beverly Corbell appeared on The Daily Sentinel website on October 22.) DELTA, Colo. — After three months of work, Union Pacific Railroad has realigned more than a mile of track through Delta, setting the stage for a new truck route bypass....
Three injured in NS yard accident
(The following report appeared at WSAZ.com on October 18.) PORTSMOUTH, Ohio — Three Norfolk Southern workers were injured shortly before nine Friday morning in an accident at the rail yard in Portsmouth, Ohio. According to firefighters the three were injured in some...
De-railed
(The following story by Megan Woolhouse appeared on the Boston Globe website on October 21.) BOSTON — Whether it's high-stakes efforts to expand commuter rail service across the state or more modest plans to convert old railroad beds into bicycle trails, state and...
CSX train derails near Grand Ridge, Fla.
(The following story by Kate McCardell appeared on The Floridan website on October 20.) MARIANNA, Fla. — Another train has derailed in the Grand Ridge area, leaving some residents concerned for their safety. The incident occurred Saturday around 9 a.m., off Old...
Canada regulator declines to suspend CN programs
(Reuters circulated the following in October 19.) WINNIPEG, Manitoba —The Canadian Transportation Agency dismissed a request on Friday from the Canadian Wheat Board and small grain shippers for an interim order to suspend Canadian National Railway's advance car...
Wheat exports strain BNSF capacity
(The following report appeared at GrainNet.com on October 22.) DECATUR, Ill. — For the week ending October 15, BNSF reported 9,239 past due (3 or more days late) grain car orders. The past due orders were an average 12.2 days late. The delay occurred as a result of...