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Daily Headlines
Conrail, CSX and NS commence exchange offer
(The following joint news release was issued on July 26.) WASHINGTON D.C. -- Consolidated Rail Corporation (Conrail), CSX Transportation, Inc. (CSXT) and Norfolk Southern Railway Company (NSR) today announced that they are commencing an offer to exchange new unsecured...
BNSF adds more than three dozen jobs
(The Associated Press circulated the following story on July 27.) TOPEKA, Kan. -- Burlington Northern Santa Fe has added 39 jobs to locomotive repair shops here, the company announced Monday. A third shift was added Sunday night for minor train maintenance, said Steve...
Robert J. Druten elected to KCS Board of Directors
(Kansas City Southern issued the following news release on July 26.) KANSAS CITY, Mo. --Kansas City Southern (KCS) (NYSE:KSU) announced that Robert J. Druten has been elected to its board of directors, effective as of today. Mr. Druten currently serves as executive...
KCS declares dividend
(Kansas City Southern issued the following news release on July 26.) KANSAS CITY, Mo. -- Kansas City Southern (KCS) (NYSE:KSU) Executive Committee of the Board of Directors declared a cash dividend of $5.3125 per share on its outstanding 4.25% Redeemable Cumulative...
BNSF reports second-quarter earnings
(BNSF issued the following news release on July 27.) FORT WORTH, Texas -- Burlington Northern Santa Fe Corporation today reported record second-quarter 2004 earnings of $0.67 per share, a 24 percent increase over second-quarter 2003 earnings of $0.54 per share....
BNSF reports higher profit
(The Associated Press circulated the following story on July 27.) DALLAS -- Freight railroad Burlington Northern Santa Fe Corp. said Tuesday that profit rose nearly 25 percent in the April-June period on record shipments and higher prices. The company said it earned...
Downeaster’s downtime not wasted
(The following article by Tom Bell was posted on the Portland Press Herald website on July 27.) KENNEBUNK, Me. -- With the Downeaster sidelined by the National Democratic Convention, work crews are busy fixing the worst stretch of the Portland to Boston line. They are...
At nation’s ports, cargo backlog raises question of security
(The following article by John M. Broder was posted on the New York Times website on July 26.) LOS ANGELES -- Severe cargo congestion and labor shortages at American seaports are creating long delays in delivering goods and potential threats to national security,...
Baby stroller stops train
(The following story by Michelle Muellenberg appeared on the Metro West Daily News website on July 27.) SOUTHBOROUGH, Mass. -- Commuters, some heading to the DNC, were evacuated yesterday afternoon after conductors saw a "suspicious" baby stroller that had ridden from...
Amtrak announces rules for GOP convention
(The Associated Press circulated the following article on July 26.) WASHINGTON -- As a security precaution, nearly all Amtrak passengers who want to ride the rails between Washington and Boston during the Republican National Convention -- Aug. 28 through Sept. 2 --...
