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Daily Headlines
TCRC says bigger, longer trains are to blame for derailments
(The Canadian Press circulated the following story by Terri Theodore on April 29.) VANCOUVER -- Rail Safety Week saw Canada's two main railways clean up after derailments including a crash that claimed the life of an engineer who stayed with his runaway train. That...
CP Rail names former NS official new COO
(The Canadian Press circulated the following on April 30.) CALGARY – Canadian Pacific Railway Ltd. has named U.S. railway executive Kathryn McQuade executive vice-president and chief operating officer. Monday's appointment follows last month's announcement that Neal...
Four suspects sought in assault on Amtrak engineer
(The following story by Teresa Pham appeared on the California Aggie website on April 27.) SACRAMENTO, Calif. -- On the night of Apr. 16, two Amtrak personnel were brutally attacked by a group of five to seven youths with a fire extinguisher and a bottle. Only one...
CSXT employee wins top environmental award
(CSX Transportation issued the following on April 26.) JACKSONVILLE, Fla. — CSX Transportation employee Don Robey became the company’s fifth winner of railroading’s highest environmental honor - the John H. Chafee Environmental Award - presented today by the...
Metro-North progressing in negotiations to avoid strike in August
(The following story by Caren Halbfinger appeared on The Journal News website on April 26.) WHITE PLAINS, N.Y. — Metro-North Railroad and some of its unions made progress this week toward reaching labor agreements that could help the railroad avoid an August strike....
BNSF “outperform,” target price raised
(The following report appeared at NewRatings.com on April 26.) NEW YORK — Analyst JH Seidl of Credit Suisse maintains his "outperform" rating on Burlington Northern Santa Fe (BNI.NYS), while reducing his estimates for the company. The 12-month target price has been...
CP share buyback seen as warning to raiders
(The following story by Andrew Willis appeared on the Globe and Mail website on April 25.) TORONTO — For seven long years, investment bankers have been waiting for their train to arrive on railway takeovers. The private equity funds may finally be the catalyst for a...
Angry Colo. residents hear UP’s plan
(The following story by Jeffrey Leib appeared on the Denver Post website on April 26.) FORT LUPTON, Colo. — Union Pacific Railroad officials briefed Fort Lupton City Council members Wednesday night about the possible construction of a 640-acre rail complex here. But...
DM&E just a matter of time?
(The following story by Crystal Lindell appeared on the Capital Journal website on April 26.) PIERRE, S.D. — Gov. Mike Rounds thinks it is only a matter of time before a regional railroad finds private funding to increase their services through South Dakota. The...
RailAmerica reorganizes into five smaller regions
(The following report by John Johnston appeared on the Boca Raton News website on April 26.) BOCA RATON, Fla. — In a further realignment of its management structure, RailAmerica, Inc., has announced it will reorganize from three business units into five operating...
