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Daily Headlines
Canadian National’s net rises 28% on rates, shipments
(Bloomberg News circulated the following article by Rip Watson on July 20.) WASHINGTON -- Canadian National Railway Co., which leads North America's railroads in profit margin, said second- quarter earnings rose 28 percent as rates and shipments increased. The company...
CN raises full-year 2005 earnings outlook as second-quarter diluted earnings per share rise 30 per cent to $1.47
(Canadian National issued the following news release on July 20.) MONTREAL -- CN today reported its financial and operating results for the second quarter and six-month period ended June 30, 2005. Financial highlights, and increased full-year 2005 earnings forecast -...
Union Pacific second quarter earnings up 47 percent
(Union Pacific issued the following news release on July 21.) OMAHA, Neb. -- Union Pacific Corporation today reported second quarter 2005 net income of $233 million, or $.88 per diluted share. This is a 47 percent improvement compared to the second quarter of 2004...
FRA grant seeks greater safety for Metrolink passengers
(The Federal Railroad Administration issued the following news release on July 20.) WASHINGTON -- The federal government wants to know if it is possible to restrict vehicle access to two Metrolink commuter train lines as a way to improve safety on routes that run from...
DOT to study safer seats, tables for commuter trains
(The Department of Transportation issued the following news release on July 20.) WASHINGTON -- The U.S. Department of Transportation’s (DOT) Research and Innovative Technology Administration (RITA) today launched a new project to make seats and tables on commuter...
Rail safety findings are disputed
(The following article by Dan Weikel was posted on the Los Angeles Times website on July 21.) LOS ANGELES -- A badly injured passenger and relatives of people killed in the Jan. 26 Metrolink crash near Glendale called Wednesday on state legislators to prohibit...
Union Pacific train derails
(The following article by Lisa B. McPheron was posted on the Press-Enterprise website on July 21.) SAN BERNARDINO, Calif. -- At least seven train cars hauling automobiles derailed in San Bernardino on Wednesday afternoon. No injuries were reported. Three rail cars...
Opinion: Public transit and security
(The following editorial was posted on the New York Times website on July 21.) NEW YORK -- Until the attacks in London two weeks ago, efforts to secure the trains and buses that carry some seven million riders through the New York City area every day have moved with...
U.S. focusing on boosting rail security
(Newsday posted the following article by India Autry on its website on July 21.) NEW YORK -- After terrorist bombings of trains and a bus in London, U.S. officials have taken steps to better protect mass transit systems. A test carried out before the London bombings...
Bush defends efforts to secure mass transit
(The following article by Brian Knowlton was posted on the New York Times website on July 20.) WASHINGTON -- In his most extensive comments on homeland protection since the bombing attacks in London, President Bush today promised significantly higher spending on...
