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Daily Headlines
CN chief sees mega-merger as an option
(The following article by Brent Jang was posted on the Globe and Mail website on November 18.) CALGARY -- Canadian National Railway Co. believes that bigger could be better, and is open to the idea of a blockbuster merger, says Hunter Harrison, CN's president and...
CN celebrates 10th anniversary of privatization and IPO
(Canadian National issued the following news release on November 17.) MONTREAL, QUEBEC -- CN today marks the 10th anniversary of its privatization and initial public share offering (IPO). "Ten years ago today CN embarked on a new journey as a fully privatized and...
Amtrak fire unlikely to hinder holiday travel
(The following article by Andrea Hahn was posted on the Southern Illinoisian website on November 18.) CARBONDALE, Ill. -- A small fire that damaged an electronic panel at the Carbondale Amtrak station won't impact holiday travel, an Amtrak spokesman said Thursday....
First trains to roll through Reno trench today
(The following article by Jeff DeLong was posted on the Reno Gazette-Journal website on November 18.) RENO, Nevada -- It's trench time. Sometime today, and no one's sure exactly when, the first train is expected to rumble through the 2.2-mile-long concrete canyon...
Union Pacific Corporation Declares Quarterly Dividend of 30 Cents a Share
(Union Pacific issued the following news release on November 17.) OMAHA, Neb. -- The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 30 cents per share on its common stock, payable January 2, 2006, to stockholders of record...
Union Pacific names next chief executive
(The Associated Press circulated the following article on November 17.) OMAHA, Neb. -- The Union Pacific Corporation said Thursday that James R. Young, president of the company's railroad division, would succeed Richard K. Davidson as president and chief executive in...
Union Pacific elects James R. Young Chief Executive Officer and President
(Union Pacific issued the following news release on November 17.) OMAHA, Neb. -- Union Pacific Corporation today announced that James R. Young has been elected chief executive officer and president of the Corporation effective January 1, 2006. Dick Davidson, the...
Opinion: Why Amtrak should backtrack
(The following editorial by Michael S. Dukakis and John Robert Smith was posted on the Boston Globe website on November 18.) BOSTON -- If the Hurricane Katrina fiasco has taught us anything, it is that there is no substitute for competence at the top of important...
Mineta tries to reassure city on Amtrak
(The following article by Patrick McGeehan was posted on the New York Times website on November 18.) NEW YORK -- Norman Y. Mineta, the secretary of transportation, came to New York yesterday to talk about Amtrak, and though he certainly did not praise the national...
Mineta says Amtrak board looking for CEO to turn railroad around, not take it apart
(The Associated Press circulated the following article by Deepti Hajela on November 17.) NEW YORK -- The board of Amtrak is looking for a new president to turn the troubled railroad around, not dismantle it, Transportation Secretary Norman Y. Mineta said Thursday....
