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Daily Headlines
Union Pacific reports record third quarter earnings
(Union Pacific issued the following news release on October 19.) OMAHA -- Union Pacific Corporation today reported third quarter 2006 net income of $420 million or $1.54 per diluted share. Last year’s third quarter net income was $369 million, or $1.38 per diluted...
Feds take heat over UP train wreck
(The following article by Patrick Driscoll was posted on San Antonio Express-News website on October 19.) SAN ANTONIO, Texas -- As few answers trickled in Wednesday on why a Union Pacific freight train jumped its tracks and slid into a neighborhood near the Five...
Feds take heat over UP train wreck
(The following article by Patrick Driscoll was posted on San Antonio Express-News website on October 19.) SAN ANTONIO, Texas -- As few answers trickled in Wednesday on why a Union Pacific freight train jumped its tracks and slid into a neighborhood near the Five...
Railroad stocks gain steam
(The Associated Press circulated the following article on October 19.) NEW YORK -- Shares of railroad stocks climbed on Wednesday, a day after third-quarter earnings from CSX Corp. beat analysts expectations on higher volumes and strong pricing. Shares of CSX led the...
Railroad stocks gain steam
(The Associated Press circulated the following article on October 19.) NEW YORK -- Shares of railroad stocks climbed on Wednesday, a day after third-quarter earnings from CSX Corp. beat analysts expectations on higher volumes and strong pricing. Shares of CSX led the...
Silver derails Moynihan Station project
(The Associated Press circulated the following article by Michael Gormley on October 18.) ALBANY, N.Y. -- A proposal to turn Manhattan's main post office into a new rail gateway for commuters died in an Albany boardroom Wednesday. Assembly Speaker Sheldon Silver...
Silver derails Moynihan Station project
(The Associated Press circulated the following article by Michael Gormley on October 18.) ALBANY, N.Y. -- A proposal to turn Manhattan's main post office into a new rail gateway for commuters died in an Albany boardroom Wednesday. Assembly Speaker Sheldon Silver...
Norfolk Southern eyes Indiana for rail yard
(Reuters circulated the following article by Nick Carey on October 19.) CHICAGO -- U.S. railroad Norfolk Southern Corp. is considering building a major rail yard by an Indiana town 75 miles from Chicago to bring consumer goods to the Midwest, local officials said on...
Norfolk Southern eyes Indiana for rail yard
(Reuters circulated the following article by Nick Carey on October 19.) CHICAGO -- U.S. railroad Norfolk Southern Corp. is considering building a major rail yard by an Indiana town 75 miles from Chicago to bring consumer goods to the Midwest, local officials said on...
Inadequate response to rough track conditions cause train derailment in Washington state
(The National Transportation Safety Board issued the following news release on October 18.) WASHINGTON -- The National Transportation Safety Board determined that the probable cause of an Amtrak (National Railroad Passenger Corporation) passenger train derailment was...
