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Daily Headlines
‘Status quo not an option’ at CN
(The following article by David Finlayson was posted on the Edmonton Journal website on April 23.) EDMONTON -- Old habits are holding CN hostage and employees must develop a passion to embrace change, CEO Hunter Harrison told shareholders Thursday. Despite the...
Back on Track
(The following column by Steve Rushin appeared in Sports Illustrated in the April 26, 2004 issue.) He is a lucky man who finds himself on a train, bound for a distant ballpark, while breaking the seal on a pack of playing cards. And if those cards are Bicycle brand...
MTA orders 120 more Bombardier electric rail cars
(The Canadian Press circulated the following story on April 22.) MONTREAL -- The Metropolitan Transportation Authority, which operates several commuter services in the New York City area, has exercised an option to buy 120 more M-7 electric rail cars from Bombardier...
‘Trash train’ fouling air in Manville
(The following story by Roger Alvarado appeared on the Manville News website on April 22.) MANVILLE, N.J. -- One local resident says he wants a trainload of garbage that's been raising a stink in town gone. The trash train sometimes stationed in the stockyard between...
SEPTA: Facing ‘crisis’ with $70M deficit
(The following story by Regina Medina appeared on the Philadelphia Daily News website on April 22.) PHILADELPHIA -- SEPTA officials are looking at a $70 million deficit for its fiscal 2005 budget that its general manager, Faye Moore, calls "one of the greatest...
NS “neutral weight,” target price raised
(The following report appeared at NewRatings.com on April 23.) NEW YORK -- Analysts at Prudential Financial reiterate their "neutral weight" rating on Norfolk Southern, while raising their estimates for the company. The target price has been raised from $23 to $25. In...
KCS declares cash dividend
(Kansas City Southern issued the following news release on April 22.) KANSAS CITY, Mo. -- Kansas City Southern's Executive Committee of the Board of Directors declared a cash dividend of $5.3125 per share on its outstanding 4.25% Redeemable Cumulative Convertible...
Burlington Northern Santa Fe Corporation declares regular quarterly dividend
(BNSF issued the following news release on April 22.) FORT WORTH, Texas -- Directors of Burlington Northern Santa Fe Corporation voted on April 22, 2004, to pay a regular quarterly dividend of 15 cents per share on outstanding common stock. Dividends on common stock...
Railroad safety campaign teaches lesson — and produces 39 tickets
(The following story by Eric Swanson appeared on the Dodge City Daily Globe website on April 22.) DODGE CITY, Kan. -- Burlington Northern Santa Fe Railroad's campaign to educate Dodge City drivers about the importance of railroad crossing safety regulations may have...
NJ Transit insists new rail schedule will ease crowding
(The following story on Joe Malinconico appeared on the Star-Ledger website on April 23.) NEWARK, N.J. -- Commuter Michelle Alexander has given up trying to keep track of all the recent changes in NJ Transit's train schedules. Four times in the past six months, the...
