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Daily Headlines
Bombardier shakes up rail unit, appoints Wolfgang Toelsner as COO of troubled division
(The Canadian Press distributed the following article on January 29.) MONTREAL -- Industrial giant Bombardier Inc. has shaken up management of its rail transportation division and appointed a new chief operating officer of the troubled subsidiary. Montreal-based...
Students killed by train going to Super Bowl
(The following story appeared on the Houston Chronicle website on January 28.) HOUSTON -- Christie Limmer wipes tears away as Cameron Yoe classmate Brandon Kimbrel watches a freight train pass. A historic passenger train on its way to Houston for Super Bowl...
Short line railroads need rehabilitation
(Topeka television WIBW posted the following story by Linda Russell on its website on January 28.) TOPEKA, Kan. -- Kansas has more than 2,000 miles of short line railroad, and if recently proposed legislation doesn't pass, it could become abandoned. Congressman Jerry...
Kansas City Southern announces appointment of Chief Accounting Officer
(KCS issued the following news release on January 28.) KANSAS CITY, Mo. -- Kansas City Southern today announced the appointment of Mark Osterberg as vice president and comptroller. Mr. Osterberg will oversee the financial reporting and accounting functions of the...
$3 million slip-up has happy ending
(The following story by Tim Smith appeared on the Baltimore Sun website on January 29.) BALTIMORE -- "Things happen," Gidon Kremer said yesterday, exuding much more calm than you might expect from someone who had left a $3 million violin on a train a few hours...
Drivers ignore blocked crossing
(The following story by Mike Cummings appeared on the Sun Herald website on January 29.) GULFPORT, Miss. -- Percy McClendon is tired of helping motorists stranded on the damaged railroad crossing near his house. He said a stranger knocked on his door at 11:30 Monday...
350k-plus corn bushels loaded into train cars
(The following story by Troy Krause appeared on the Redwood Falls Gazette website on January 29.) REDWOOD FALLS, Minn. -- By the time it's all over, the Delhi branch of Meadowland Cooperative will be about 350,000 bushels lower than when it started Thursday morning....
BNSF upgraded to “neutral weight”
(The following report appeared at NewRatings.com on January 29.) NEW YORK -- Analysts at Prudential Financial upgrade Burlington Northern Santa Fe (BNI) from "underweight" to "neutral weight." The target price has been raised from $32.00 to $33.00. In a research note...
CN gets back on track with higher earnings
(The following article by Nicolas Van Praet was posted on the Montreal Gazette website on January 29.) MONTREAL -- Profits at Canadian National Railway Co. motored higher in the fourth quarter after a difficult year of rising fuel costs and a surging loonie. The...
Worker sues over injuries
(The following story appeared on the Billings Gazette website on January 29.) GREEN RIVER, Wyo. -- A lawsuit has been filed against Union Pacific by an employee who claims he suffered incapacitating injuries when he slipped on oil and fell. Brent S. Carpenter Jr....
