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Daily Headlines
CPR chief pooh-poohs takeover rumors
(The following story by Brent Jang appeared on the Globe and Mail website on July 26.) TORONTO — Canadian Pacific Railway Ltd.'s best defence against any potential hostile suitor will be maintaining a streak of higher profit and lower operating costs, says the...
Port Authority to approve up to $2 billion for Trans-Hudson tunnel
(The Associated Press Writer circulated the following story by Janet Frankston on July 27.) NEWARK, N.J. — The Port Authority of New York and New Jersey on Thursday will approve up to $2 billion to fund construction of a proposed $6 billion commuter train tunnel under...
Port Authority to approve up to $2 billion for Trans-Hudson tunnel
(The Associated Press Writer circulated the following story by Janet Frankston on July 27.) NEWARK, N.J. — The Port Authority of New York and New Jersey on Thursday will approve up to $2 billion to fund construction of a proposed $6 billion commuter train tunnel under...
Legislation would offer tax credits to railroads
(The following story by Gregory Richards appeared on The Virginian-Pilot website on July 28.) NORFOLK, Va. — Norfolk Southern Corp. and the nation's other freight railroads would receive a 25 percent federal tax credit for adding tracks and terminals under a bill...
Legislation would offer tax credits to railroads
(The following story by Gregory Richards appeared on The Virginian-Pilot website on July 28.) NORFOLK, Va. — Norfolk Southern Corp. and the nation's other freight railroads would receive a 25 percent federal tax credit for adding tracks and terminals under a bill...
UP board next role for Andrew Card
(The following story by Stacie Hamel appeared on the Omaha World-Herald website on July 28.) OMAHA, Neb. — Andrew Card, former chief of staff to President Bush and a former U.S. transportation secretary, was elected to Union Pacific Corp.'s board of directors, the...
UP board next role for Andrew Card
(The following story by Stacie Hamel appeared on the Omaha World-Herald website on July 28.) OMAHA, Neb. — Andrew Card, former chief of staff to President Bush and a former U.S. transportation secretary, was elected to Union Pacific Corp.'s board of directors, the...
RailAmerica second quarter net falls on revamp costs
(Reuters circulated the following article on July 27.) CHICAGO -- U.S. shortline railroad operator RailAmerica Inc. said on Thursday that quarterly net profit fell about 16 percent, pulled down, in part, by costs related to its reorganization. The Boca Raton,...
RailAmerica second quarter net falls on revamp costs
(Reuters circulated the following article on July 27.) CHICAGO -- U.S. shortline railroad operator RailAmerica Inc. said on Thursday that quarterly net profit fell about 16 percent, pulled down, in part, by costs related to its reorganization. The Boca Raton,...
RailAmerica reports second quarter 2006 earnings
(RailAmerica issued the following news release on July 27.) BOCA RATON, Fla. -- RailAmerica, Inc. today reported second quarter 2006 earnings from continuing operations of $5.4 million, or $0.14 per diluted share, compared to $9.0 million, or $0.24 per diluted share,...
