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Daily Headlines
CN 2Q profit declines
(The Associated Press circulated the following on July 23.) NEW YORK — Canadian National Railway Co. said Monday its second-quarter profit fell 29 percent as a result of flat revenue and lower income tax recoveries. The company also cut its 2007 guidance, sending its...
CP Rail Q2 operating results strengthen, net profit slips
(The Canadian Press circulated the following on July 24.) CALGARY — Canadian Pacific Railway Ltd. (TSX:CP) has reported a nine per cent rise in second-quarter operating profit on improved efficiency, but net income declined from year-ago levels that were boosted by a...
BNSF reports second quarter results
(Burlington Northern Santa Fe Corporation issued the following on July 24.) FORT WORTH, Texas — Burlington Northern Santa Fe Corporation (BNSF) (NYSE: BNI) today reported quarterly earnings of $1.20 per diluted share, compared with second-quarter 2006 earnings of...
BNSF quarterly profit slips on fuel charges
(Reuters circulated the following story by James B. Kelleher on July 24.) CHICAGO — U.S. railroad Burlington Northern Santa Fe Corp. said on Tuesday that quarterly net profit fell as a result of higher fuel expenses. The Ft. Worth, Texas-based company reported...
Retired engineer wins $9.2 million lotto jackpot
(The following report appeared on the Rocky Mountain News website on July 21.) DENVER — Retired Lakewood engineer Hank Robinson has played the same Lotto numbers since the game began in 1989, and they finally paid off Friday as a $9.2 million jackpot. Robinson's...
Opinion: Best to ignore hue and cry over CP Rail
(The following column by David Olive appeared at Canada.com on July 23.) TORONTO — Let CPR go: We expect a hue and cry over the possible takeover of Canadian Pacific Railway Ltd., rumoured takeover bait for an investor consortium headed by Brookfield Asset Management...
Berkeley to consider muting train horns at crossings
(The following story by Doug Oakley appeared on the Contra Costa Times website on July 21. Michael Poirier is Secretary-Treasurer of BLET Division 144 in Oakland, Calif.) BERKELEY, Calif. — Those train whistle blasts that shatter Berkeley's nighttime silence may snap...
Amtrak ridership up, but income still down
(The following story by Marilyn Geewax appeared on The Atlanta Journal-Constitution website on July 21.) WASHINGTON, D.C. — With gasoline prices high and airports congested this summer, record numbers of Americans are traveling on Amtrak passenger trains. Still, even...
Opinion: Paying Amtrak’s fare
(The following editorial appeared on the Baltimore Sun website on July 23.) BALTIMORE — Once again, Congress is embracing a no-frills approach to keeping Amtrak viable and whole for another year despite the Bush administration's efforts to diminish intercity passenger...
Arbitrator imposes new contract on UTU at CN Rail
(Reuters circulated the following on July 20.) VANCOUVER, B.C. — A government arbitrator imposed a contract on Friday for train crews at Canadian National Railway Co., whose strike this winter bitterly divided the union. The arbitrator, whose mandate was to chose...
