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Daily Headlines
Derailments worry N.M. officials
(The following article by Bill Donovan was posted on the Gallup Independent website on October 5.) GALLUP, N.M. -- A second derailment of railroad cars at the Allison Crossing area in two weeks has officials for the city fire department concerned about the safety of...
CP Rail names Michael Lambert as new CFO
(Reuters circulated the following article on October 4.) VANCOUVER, British Columbia -- Canadian Pacific Railway Ltd. said on Wednesday that Michael Lambert has been appointed chief financial officer. Lambert, who is now an executive at retailer Canadian Tire Corp. ,...
CP Rail names Michael Lambert as new CFO
(Reuters circulated the following article on October 4.) VANCOUVER, British Columbia -- Canadian Pacific Railway Ltd. said on Wednesday that Michael Lambert has been appointed chief financial officer. Lambert, who is now an executive at retailer Canadian Tire Corp. ,...
BNSF defends fuel surcharge
(The Associated Press circulated the following article on October 4.) FORT WORTH, Texas -- Burlington Northern Santa Fe Corp. defends its fuel surcharge as a necessary response to rising costs, but the freight railroad says it is examining how it calculates the extra...
BNSF defends fuel surcharge
(The Associated Press circulated the following article on October 4.) FORT WORTH, Texas -- Burlington Northern Santa Fe Corp. defends its fuel surcharge as a necessary response to rising costs, but the freight railroad says it is examining how it calculates the extra...
Striking Arkema Teamsters hold rally in Philadelphia
(The International Brotherhood of Teamsters issued the following news release on October 3.) PHILADELPHIA -- Teamsters forced to strike against the chemical manufacturer Arkema Inc. rallied today outside the company's U.S. headquarters in Philadelphia to protest...
Striking Arkema Teamsters hold rally in Philadelphia
(The International Brotherhood of Teamsters issued the following news release on October 3.) PHILADELPHIA -- Teamsters forced to strike against the chemical manufacturer Arkema Inc. rallied today outside the company's U.S. headquarters in Philadelphia to protest...
Union Pacific expects 2007 revenue to rise 6 percent
(Bloomberg News circulated the following article on October 3.) ST. LOUIS, Mo. -- Union Pacific Corp., the largest U.S. railroad, raised its forecast for revenue growth next year to more than 6 percent, based on strong cargo demand, and said it will boost spending to...
Union Pacific expects 2007 revenue to rise 6 percent
(Bloomberg News circulated the following article on October 3.) ST. LOUIS, Mo. -- Union Pacific Corp., the largest U.S. railroad, raised its forecast for revenue growth next year to more than 6 percent, based on strong cargo demand, and said it will boost spending to...
Norfolk Southern announces third quarter share repurchases
(Norfolk Southern issued the following news release on October 3.) NORFOLK, Va. -- Norfolk Southern Corporation today announced that in the third quarter of 2006 it purchased and retired 17.1 million shares of common stock at a total cost of $730 million under the...