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Daily Headlines
Train plan electrifies riders
(The following article by Dana Yates was posted on the San Mateo Daily Journal website on May 3.) SAN MATEO, Calif. -- A plan to electrify Caltrain and introduce technology only seen in Europe and the East Coast is getting mixed reviews from Peninsula riders. About 60...
Railway to upgrade 55-mile stretch of track
(The Associated Press circulated the following article on May 3.) MERIDIAN, Miss. -- Meridian Southern Railway LLC will spend $250,000 to refurbish a 55-mile stretch of railroad it owns in Clarke and Wayne counties. East Mississippi economic development officials have...
Marine terminal bodes well for Norfolk Southern
(The Richmond Times-Dispatch posted the following article by Chip Jones on its website on May 3.) RICHMOND, Va. -- When one of your customers gets ready for a half-billion-dollar expansion, it's bound to get your attention. But Norfolk Southern Corp. is keeping its...
Law to ban trains’ ‘quiet zones’
(The following article by Kate Garsombke was distributed by Central Wisconsin Sunday on May 2.) WISCONSIN RAPIDS, Wisc. -- Some central Wisconsin communities that have gotten used to the quiet crossings of trains in the night could be in for a loud awakening. A...
Union Pacific “buy,” target price raised
(NewRatings.com posted the following article on May 3.) NEW YORK -- Analysts at UBS reiterate their "buy" rating on Union Pacific (UNP.NYS). The target price has been raised from $68 to $70. In a research note published on April 30, the analysts mention that the...
Railroads approach a junction
(The following article by Eric Gillin was posted on TheStreet.com on April 30.) NEW YORK -- Railroad earnings appeared to veer off-track in the first quarter, with profits dropping from year-ago levels, but a deeper analysis shows that underlying trends are strong....
Trucker protest delays some U.P. shipments
(The following article by Stacie Hamel was posted on the Omaha World-Herald website on May 1. ) OMAHA, Neb. -- Independent truckers protesting high fuel prices in California picketed a second rail terminal near San Francisco on Friday and refused to work in Los...
Federal railroad chief to leave in June
(The Associated Press circulated the following article on April 30.) WASHINGTON --Federal Railroad Administration chief Allan Rutter said Friday he is leaving his post in June for a position with a Texas transportation organization. Rutter cited family reasons for his...
Official: Security of U.S. railways low
(United Press International distributed the following article on May 1. ) BOSTON, Mass. -- The regional rail system in the northeast United States is reportedly highly vulnerable to a terrorist attack and needs to improve security. A panel of local and state officials...
Panel says rail system vulnerable to attack
(The following article by Anthony Flint was posted on the Boston Globe website on May 1.) BOSTON -- The region's rail system is highly vulnerable to a terrorist attack and has not received adequate federal funding to improve security, a panel of local and state...