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Daily Headlines
CSX prosperity seen as good sign for industry
(The following story by Timothy J. Gibbons appeared on the Florida Times-Union website on July 19.) JACKSONVILLE, Fla. — CSX Corp.'s strong second-quarter earnings show that the company - in concert with the rest of the railroad industry - has undergone a sea change,...
A new challenge for CP Rail’s ‘Terminator’
(The following story by Gordon Pitts appeared on the Globe and Mail website on July 19.) TORONTO — Fred Green's reputation in the rail business is that of a bare-knuckle operator who isn't afraid to wade into a donnybrook. Among the rank and file of Canadian Pacific...
CP Rail shares soar after Brookfield offer
(Bloomberg News circulated the following story by Angela Greiling Keane on July 19.) NEW YORK — Canadian Pacific Railway Ltd., the country's second-largest railroad, said it rebuffed a “highly conditional” takeover approach from Brookfield Asset Management Inc. this...
CP Rail rejects ‘highly conditional inquiry’
(Reuters circulated the following story by Allan Dowd on July 19.) VANCOUVER — Canadian Pacific Railway Ltd. said on Wednesday it rejected an "inquiry" from Brookfield Asset Management Inc. and denied it was in discussions about a takeover of one of North America's...
UP posts higher net
(The following story by Mike Barris and Dee Patney appeared on the Wall Street Journal website on July 19.) NEW YORK — Union Pacific Corp., encountering bad weather that affected shipping, Thursday posted a 14% jump in second-quarter profit as commodity revenue rose,...
Train crew hopes not to see you
(The following story by Stephen Elliott appeared on the Quad City Times website on July 18.) COLONA, Ill. — They look at the ground below them, controlling machines totaling, on average, 20 million pounds. Jason Bailey, an engineer with the Burlington Northern Santa...
Golden Spike project taking shape in Neb.
(The following story by Diane Wetzel appeared on The North Platte Telegraph website on July 17.) NORTH PLATTE, Neb. — Pristine white concrete panels reflect the hot July sun as the walls of the Golden Spike Tower and Visitor Center begins to slowly rise above the...
BNSF rebuffs private offer for Wash. line
(The following story by Keith Ervin appeared on the Seattle Times website on July 18.) SEATTLE — BNSF Railway has rebuffed — at least for now — an offer from rail-preservation activists to buy a Tukwila-to-Snohomish rail line that has become the subject of a political...
CSX to open to NY, NJ security agents
(Bloomberg News circulated the following on July 17.) NEW YORK — CSX Corp., the third-largest U.S. railroad, will open its computer system to New York and New Jersey counterterrorism agencies to help track hazardous cargo. The accord will let police and security...
Hydrochloric acid spills at CSX yard in Ohio
(The following report appeared at Local12.com on July 18.) CINCINNATI — Emergency crews are busy cleaning up a chemical spill at the CSX rail yard. Crews were called to Spring Grove Avenue in Camp Washington just after 6:30 a.m. Wednesday morning after crews at the...
