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Daily Headlines
Railroad project heads to hearing
(The Associated Press circulated the following article by Chet Brokaw on March 23.) PIERRE, S.D. -- Former South Dakota Supreme Court Justice Robert A. Amundson of Sioux Falls has been appointed to preside over a state hearing on the Dakota, Minnesota and Eastern...
CN Rail workers rethink accord, ex-union chief says
(Bloomberg News circulated the following article by Rob Delaney on March 22.) OTTAWA -- Workers at Canadian National Railway Co., the country’s largest railway, may not ratify a labor accord reached Feb. 24 because it won’t end “intimidation” against employees, a...
CN profit a boon for top brass
(The following article by Brent Jang was posted on the Globe and Mail website on March 23.) TORONTO -- Canadian National Railway Co.’s top five executives had multimillion-dollar pay packets last year, when the company posted a record $2.1-billion profit. Hunter...
Norfolk Southern paid former chief twice as much as current one
(The following article by Gregory Richards was posted on the Virginian-Pilot website on March 23.) NORFOLK, Va. -- David R. Goode, who retired as Norfolk Southern Corp.’s chairman in January 2006, received total compensation of $24.4 million from the railroad last...
CSX says it won’t compromise on safety
(The Associated Press circulated the following article by James M. Amend on March 22.) NEW YORK -- CSX Corp. Chief Executive Michael J. Ward said Thursday the railroad operator won’t sacrifice capital spending, especially on projects related to safety, to improve cash...
Brake woes idle New Jersey Transit’s two-story trains
(The following article by Tom Feeney was posted on the Newark Star-Ledger website on March 23.) Bob Vallachi is the BLET’s General Chairman on New Jersey Transit.) NEWARK, N.J. -- The two-storied, half-billion-dollar future of NJ Transit has hit a bump in the rails....
Homeland Security official says infrastructure protection a constant task
(The following article by Mark Coddington was posted on the Grand Island Independent website on March 23.) GRAND ISLAND, Neb. -- Nearly six years after the attacks of Sept. 11, 2001, the struggle to protect the nation’s infrastructure from terrorism is as difficult as...
Railroad security now includes terrorism
(The following article by Harold Reutter was posted on the Grand Island Independent website on March 23.) GRAND ISLAND, Neb. -- Floods and fires used to preoccupy railroad executives when it came to securing rail lines. After Sept. 11, 2001, rail executives added...
CP Rail says weather hits first-quarter revenue
(Reuters circulated the following article on March 21.) VANCOUVER, British Columbia -- Canadian Pacific Railway Ltd said on Wednesday that tough winter weather in Western Canada and the U.S. Midwest will weaken its results in the first quarter. CP Rail said it is...
Norfolk Southern freight tonnage is down
(The Virginian-Pilot posted the following article on its website on March 22.) NORFOLK, Va. -- Norfolk Southern Corp.’s rail freight tonnage has dropped as much as 4 percent this quarter, Chief Financial Officer Henry Wolf said Wednesday, without giving a reason for...