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Daily Headlines
Wake up call for rail safety
(The following article by Marie Tyler was posted on the Washington Times website on July 26.) WASHINGTON -- The amount of time railroad employees can work without rest is based on laws created in 1907, but the industry and Congress are struggling to move them into the...
CP Rail 2nd-quarter profit triples on lower taxes
(Reuters circulated the following article on July 25.) TORONTO -- Canadian Pacific Railway Ltd. said on Tuesday its second-quarter profit more than tripled, thanks to a lower future income tax expense and a favorable swing in foreign exchange on long-term debt. CP...
CP Rail 2nd-quarter profit triples on lower taxes
(Reuters circulated the following article on July 25.) TORONTO -- Canadian Pacific Railway Ltd. said on Tuesday its second-quarter profit more than tripled, thanks to a lower future income tax expense and a favorable swing in foreign exchange on long-term debt. CP...
Canadian Pacific Railway produces solid second quarter results
(Canadian Pacific issued the following news release on July 25.) CALGARY -- Canadian Pacific Railway announced that its second quarter net income was $378 million, an increase of $254 million over the same period in 2005. This increase included a $176-million...
Canadian Pacific Railway produces solid second quarter results
(Canadian Pacific issued the following news release on July 25.) CALGARY -- Canadian Pacific Railway announced that its second quarter net income was $378 million, an increase of $254 million over the same period in 2005. This increase included a $176-million...
Burlington Northern quarterly profit rises 28 percent
(Reuters circulated the following article on July 25.) CHICAGO -- Burlington Northern Santa Fe Corp., the nation's second-largest railroad, on Tuesday said quarterly net profit rose 28 percent on strong growth in hauling coal and consumer products. The Ft. Worth,...
Burlington Northern quarterly profit rises 28 percent
(Reuters circulated the following article on July 25.) CHICAGO -- Burlington Northern Santa Fe Corp., the nation's second-largest railroad, on Tuesday said quarterly net profit rose 28 percent on strong growth in hauling coal and consumer products. The Ft. Worth,...
BNSF reports all-time record quarterly volumes, revenues and EPS
(BNSF issued the following news release on July 25.) FORT WORTH, Texas --Burlington Northern Santa Fe Corporation today reported record quarterly earnings of $1.27 per diluted share (including a $0.04 benefit from lower income tax rates), a 32-percent increase over...
BNSF reports all-time record quarterly volumes, revenues and EPS
(BNSF issued the following news release on July 25.) FORT WORTH, Texas --Burlington Northern Santa Fe Corporation today reported record quarterly earnings of $1.27 per diluted share (including a $0.04 benefit from lower income tax rates), a 32-percent increase over...
Key SEPTA safety plan to take money and time
(The following article by Larry King was posted on the Philadelphia Inquirer website on July 25.) PHILADELPHIA -- While it will be months before federal investigators' final report on the cause of the July 1 head-on collision of two Regional Rail trains, SEPTA...