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Daily Headlines
CPR produces solid earnings results in third-quarter 2005
(Canadian Pacific issued the following news release on October 25.) CALGARY -- Canadian Pacific Railway reported net income increased 15 per cent to $204 million, or $1.27 per diluted share in the third quarter of 2005, compared with $177 million, or $1.11 per diluted...
Skip Endres to retire from BNSF at year-end
(BNSF issued the following news release on October 24.) FORT WORTH, Texas -- BNSF Railway Company today announced that A.P. "Skip" Endres, vice president, Government Affairs, will retire from BNSF at the end of 2005 and that Amy Hawkins has been promoted to vice...
Burlington Northern posts profit rise
(Reuters circulated the following article on October 25.) BOSTON -- Burlington Northern Santa Fe Corp., the second-largest U.S. railroad, on Tuesday posted a sharp rise in quarterly profit due to strong demand for coal and imports from Asia. The railroad's...
BNSF reports record all-time quarterly revenue and EPS
(BNSF issued the following news release on October 25.) FORT WORTH, Texas -- Burlington Northern Santa Fe Corporation today reported record quarterly earnings of $1.09 per diluted share. Third-quarter 2004 diluted earnings per share were $0.01, which included a net of...
STB official to meet with Mont. Governor, farmers on rail shipping
(The Associated Press circulated the following article on October 25.) HAVRE, Mont. -- The vice chairman of the Federal Surface Transportation Board is scheduled to attend two meetings with state officials and farmers in Montana to discuss rail shipping in the state....
Metrolink train slams into truck in Calif.
(The Associated Press circulated the following article on October 25.) GLENDALE, Calif. -- A Metrolink commuter train slammed into a tractor-trailer rig Monday night, injuring at least seven people, officials said. Four passengers on the train and the truck driver...
8 freight cars derail in Ala. at river bridge
(The Huntsville Times posted the following article on its website on October 25.) DECATUR, Ala. -- Eight freight cars of a CSX train derailed Monday at the south end of the railroad bridge over the Tennessee River. No one was injured. The derailment occurred about 5...
Opinion: Amtrak derailed by profit myth
(The following editorial by Vincent T. Owens was posted on the News Journal website on October 24.) WILMINGTON, Del. -- Overall, a recent editorial on the Sept. 22 secret vote by Amtrak's board of directors to split off the railroads' Northeast Corridor as a new...
Amtrak ends private cars
(Bloomberg News circulated the following article on October 21.) NEW YORK -- Amtrak's decision to halt some express train service between New York and Philadelphia next week ends an exclusive, more than 50-year arrangement that let commuters in the “200 Club” pay...
Northern Kentucky rail yard called inefficient
(The following article by Dan Klepal was posted on the Cincinnati Enquirer website on October 24.) CINCINNATI, Ohio -- Some business and political leaders in Greater Cincinnati and Northern Kentucky say railroad cars backing up around the Queensgate rail yard threaten...
