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Daily Headlines
Grupo TMM, Kansas City Southern part ways
(Reuters circulated the following article on December 6.) CHICAGO -- Railroad holding company Kansas City Southern Industries Inc. came a step closer on Tuesday to ending a tumultuous 10-year business relationship when its largest shareholder Mexican logistics company...
Short train ride ends in court
(The following article by Theresa Wickens was posted on the North Platte Telegraph website on December 7.) NORTH PLATTE, Neb. -- The two are accused of entering a Burlington Northern-Santa Fe locomotive on Nov. 11, and moving it 40 feet down the tracks. According to...
B.C. probe urged after two CN trains derail in one day
(The following article by Mark Hume was posted on the Globe and Mail website on December 7.) VANCOUVER -- CN Rail should be restricted to running no more than 80 cars per train throughout British Columbia and the provincial government should launch a rail-safety...
Train car plunges off trestle in CN’s second B.C. derailment in a single day
(The Canadian Press circulated the following article on December 7.) RICHMOND, B.C. -- A CN Rail train has derailed on a trestle crossing the Fraser River between Richmond and Burnaby, sending a railcar loaded with automobiles into the Fraser River. The derailment...
Norfolk Southern and New York Air Brake agree to deploy new train technology
(Norfolk Southern issued the following news release on December 5.) NORFOLK, Va. -- Norfolk Southern Corporation and New York Air Brake Corporation today announced an agreement to begin deploying a locomotive computer system to improve the fuel efficiency and safe...
KCS announces offering of $210 million of cumulative convertible perpetual preferred stock
(Kansas City Southern issued the following news release on December 5.) KANSAS CITY, Mo. -- Kansas City Southern (KCS) today announced that it has commenced a public offering of $210 million of a new series of its cumulative convertible perpetual preferred stock with...
Kansas City Southern shares priced at $23.25
(Reuters circulated the following article on December 6.) BOSTON -- Railroad holding company Kansas City Southern Industries Inc. on Tuesday said that a public offering of its stock was priced at $23.25 a share. The company said that some 9 million shares were sold by...
Kansas City Southern railroad has new name
(The following article by Randolph Heaster was posted on the Kansas City Star website on December 6.) KANSAS CITY -- Kansas City Southern has changed the name of its Mexican railroad to Kansas City Southern de Mexico, S.A. de C.V. Also, Kansas City Southern will...
New Mexico, BNSF Railway sign track agreement
(The Associated Press circulated the following article by Felicia Fonseca on December 5.) BELEN, N.M. -- The state has signed an agreement to buy nearly 300 miles of railroad track that extends from Belen to Trinidad, Colo. Gov. Bill Richardson has been pushing for a...
Illinois sues Union Pacific over alleged diesel fuel leak
(The following article by Aliana Ramos was posted on the Belleville News-Democrat website on December 6.) BELLEVILLE, Ill. -- Thousands of gallons of diesel fuel allegedly leaked into elevated storm water collection tanks at a Union Pacific Railroad Co. yard in Dupo,...
