BLET News
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Daily Headlines
Weakness in forestry expected to hurt CN
(The following story by Scott Deveau appeared on the National Post website on September 24.) OTTAWA — The Canadian forestry industry continues to tumble with earnings chopped by $509-million in the second quarter to a collective loss of $45-million, as reported in...
Trimming bottom lines at CN, CP
(The following story by Leonard Zehr appeared on the Globe and Mail website on September 24.) TORONTO — Softer economic growth through at least the first half of 2008 combined with a stronger Canadian dollar mean revenue and profit forecasts for Canada’s two railways...
Oberstar: Mayo presents ‘stunning’ case against DM&E plan in Rochester
(The following story by Matt Russell appeared on the Post-Bulletin website on September 24.) ROCHESTER, Minn. — Whether Canadian Pacific Railway can route trains away from Mayo Clinic should be discussed, U.S. Rep. Jim Oberstar said Friday after meeting with Mayo...
CSX, Md., plan new train routes
(The Associated Press circulated the following on September 21.) HAGERSTOWN, Md. — CSX Corp. and state transportation officials are closing in on plans for rerouting some freight trains around Baltimore's century-old Howard Street Tunnel, the site of a derailment and...
Reality derails NS lesson on accidents
(The following story by Gregory Richards appeared on The Virginian-Pilot website on September 22.) NORFOLK, Va. — After helping show others how to respond to railroad accidents, Norfolk Southern Corp. learned a lesson of its own. On Monday, the Norfolk-based railroad...
Long delays on Metra line
(The following story by Jeremy Gorner appeared on the Chicago Tribune website on September 21.) CHICAGO — Union Pacific North Line Metra trains were experiencing long delays this morning after a freight train traveling along the same tracks broke down in the north...
NS derailment in Miss. under investigation
(The following story by Terry L. Jones appeared on the Hattiesburg American website on September 21.) LAUREL, Miss. — The cause of the derailment here of seven Norfolk Southern train cars Wednesday is under investigation, officials said Thursday. But officials now...
UP senior VP exercises options
(The Associated Press circulated the following on September 20.) NEW YORK — The senior vice president of human resources at Union Pacific Corp. exercised options for 31,236 shares of common stock and sold them under a prearranged trading plan, according to a...
Sector glance: Railroads
(The Associated Press circulated the following on September 20.) NEW YORK — Shares of railroad operators were mostly down in trading Thursday, as a Bear Stearns analyst suggested investors were selling stock after a surge driven by the Federal Reserve's half-point...
CN shops for small deals with the right fit
(The following story by Brent Jang appeared on the Globe and Mail website on September 21.) TORONTO — Canadian National Railway Co. is patiently shopping for small acquisitions, content for now to be in a club of six major carriers that have carved up three regional...
