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Daily Headlines
Study says bullet train to be great in 2020
(The following article by Sean Holstege was posted on the Oakland Tribune website on January 28.) OAKLAND, Calif. -- In 2020, as many as 253 million people will travel between California cities and the cheapest, safest and least environmentally damaging way to get...
Couple pleads not guilty to alleged railroad scheme
(The Associated Press circulated the following article on January 27.) NEW ROADS, La. -- A couple has pleaded not guilty to charges stemming from an alleged scheme to overcharge the Union Pacific Railroad for fuel. Martin Lemoine, 43, and his wife, Veronica Lemoine,...
January is awful for Amtrak
(The Toledo Blade posted the following story by David Patch on its website on January 28.) TOLEDO, Ohio -- For 15 years, Angelica Ward has traveled from her Buffalo-area home to Toledo several times annually to visit her parents. And when the weather turns sour, she...
Amtrak trains operate on modified schedule
(Baltimore television station WBAL posted the following story on its website on January 28.) BALTIMORE -- Amtrak trains on the Northeast Corridor are operating on a modified schedule on Wednesday to minimize service disruptions and protect equipment from extreme...
NS reports fourth-quarter and 2003 results
(Norfolk Southern issued the following news release on January 28.) NEW YORK -- Norfolk Southern Corporation today reported fourth-quarter net income of $52 million, or $0.13 per diluted share, impacted by two significant charges -- a $66 million or $0.17 per share...
CN net rises to $224M
(The Canadian Press circulated the following story on January 28.) MONTREAL -- Canadian National Railway Co. increased its fourth-quarter profit to $224 million as it dramatically cut costs in the face of higher taxes in Ontario and a strong Canadian dollar. Canada's...
CN reports strong Q4-2003 performance, record operating ratio of 66.1 per cent
(CN issued the following news release on January 28.) MONTREAL -- CN today reported its financial results for the fourth quarter and year ended Dec. 31, 2003. Quarterly highlights -- Fourth-quarter 2003 net income was $224 million, or $1.17 per diluted share,...
Layoffs cut down on CSX earnings
(The Associated Press circulated the following story on January 28.) JACKSONVILLE, Fla. -- CSX Corp. reported Tuesday that its fourth-quarter earnings fell about 10 percent, mainly on a restructuring charge stemming from the planned firing of up to 1,000 managers. In...
Opinion: The little terrorist engine that could
(The following column by Jonathan Turley appeared on The Hill website on January 28.) WASHINGTON, D.C. -- It could be called that little terrorist engine that could. The slow-moving train appears regularly in Washington, pulling 90-ton tank cars of poisonous gas into...
Railroads working to improve safety
(The following story by Stacie Hamel appeared on the Omaha world-Herald website on January 25.) OMAHA, Neb. -- The scene was like a nightmare for anyone who has ever lived near railroad tracks or worked for a railroad. A 128-car freight train derailed, overturning 28...