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Daily Headlines
UP to release 1Q earnings on Thursday
(Union Pacific issued the following news release on April 26.) OMAHA, Neb. -- In conjunction with Union Pacific Corporation's first quarter 2004 earnings release, you are invited to listen to its presentation that will be broadcast live over the Internet or via...
CP Rail’s profit falls to $24M, weather and U.S. dollar blamed
(The Canadian Press circulated the following story on April 27.) CALGARY -- Canadian Pacific Railway says its first-quarter profit slumped to $24 million, from $102 million a year earlier, as bad weather and a weak U.S. dollar ate into earnings. For the quarter ended...
Canadian Pacific net falls 77 percent on debt effect
(Bloomberg News circulated the following article on April 27.) CALGARY -- Canadian Pacific Railway Ltd., the country's second-biggest railroad, said net income in the first quarter fell 77 percent as costs rose and changes in foreign- exchange rates hurt earnings. Net...
Canadian Pacific Railway closes first quarter with strong momentum
(Canadian Pacific issued the following news release on April 27.) CALGARY -- Canadian Pacific Railway (TSX/NYSE: CP) reported a decline in net income to $24 million in the three- month period ended March 31, 2004, from $102 million in the same period of 2003. On the...
BNSF reports 30 percent increase in earnings on record 11 percent revenue growth
(Burlington Northern Santa Fe issued the following news release on April 27.) FORT WORTH, Texas -- Burlington Northern Santa Fe Corporation today reported first-quarter 2004 earnings of $0.52 per share, a 30-percent increase over first-quarter 2003 earnings of $0.40...
Injured rail worker recovering
(The Press-Enterprise posted the following article on its website on April 25.) RIVERSIDE, Calif. -- A Union Pacific employee was recovering from surgery Saturday, a day after being trapped underneath a derailed 30-ton rail car in Mira Loma. John Bromley, a spokesman...
Arson suspected in UP train fire
(The following report appeared on the Pasadena Star News website on April 27.) INDUSTRY, Calif. -- Arson is suspected in a fire that charred a freight car Monday morning, causing about $1 million in damages. The train was parked on Bonelli Street and 7th Avenue. The...
Amtrak train slams grain truck, injuries few
(The following story by Maggie Borman appeared on The Alton Telegraph website on April 27.) CARLINVILLE, Ill. -- Passengers aboard an Amtrak train that slammed into a grain truck Monday afternoon north of Carlinville described the scene as something of a miracle....
BNSF cars tip over
(The following story by Dawn Bormann appeared on the Kansas City Star website on April 26.) KANSAS CITY, KAN. -- Several railroad cars, some carrying hazardous chemicals, derailed Sunday in the Burlington Northern Santa Fe Railway yard. Railroad officials reported no...
CSX budget cuts a hit in Ohio
(The following story by David Patch appeared on the Toledo Blade website on April 26.) TOLEDO, Ohio -- The screeching behind Guy Hall's East Broadway home has stopped -- for now, at least. "You couldn't stand in your backyard, it was so nasty," said Mr. Hall, a Lake...
