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Daily Headlines
Customer service on the line
(The following article by Joie Tyrrell was posted on Newsday's website on November 12.) NEW YORK -- They are the ambassadors of the railroads and buses, the front-line people who answer questions, sell tickets, collect fares and ride the Long Island Rail Road and LI...
BNSF rail spur line to get all-clear
(The following story by David Chircop appeared on the Merced Sun-Star website on November 12.) MERCED, Calif. -- A 137-page environmental report by the U.S. Department of Transportation will likely clear the tracks for extended freight service to one of Merced?s...
Cooling-off period at CSX
(The following article by Chip Jones was posted on the Richmond Times-Dispatch website on November 11.) RICHMOND, Va. -- It could be a cold winter for some CSX Corp. workers in Richmond and around the country. Within the past two weeks, machinists at the railroad's...
CSX “buy,” target priced raised
(The following report appeared at NewRatings.com on November 12.) NEW YORK -- Analysts at Deutsche Bank Securities maintain their "buy" rating on CSX Corporation (CSX), while raising their estimates for the company. The target price has been raised from $33 to $37. In...
Rochester to appeal DM&E ruling
(The Associated Press distributed the following article on November 12.) ROCHESTER, Minn. -- The City Council has decided to ask the Eighth Circuit U.S. Court of Appeals to again look into the city's arguments about proposed expansion of the Dakota Minnesota & Eastern...
U.S. rail volumes perking up, industry leaders say
(Reuters distributed the following article by Michael Connor on November 11.) MIAMI -- U.S. railroad executives on Tuesday reported solid increases in late 2003 cargo volumes, lifting rail shares on optimism the big cargo haulers were picking up steam from America's...
CSX planning to cut jobs
(Morris News Service circulated the following story by Gregory Richards on November 11.) JACKSONVILLE, Fla. -- Railroad giant CSX Corp. is embarking on a sweeping redesign of its management structure that will involve cutting between 800 to 1,000 non-union jobs, cuts...
CN eyes eventual 35 per cent cut in train crews with new contracts
(The Canadian Press distributed the following article by James Dalziel on November 11.) TORONTO -- If Canadian National Railway can renegotiate more union contracts to pay workers by the hour instead of distance travelled, it will be able to reduce its train and...
CN boss eyes double-digit growth
(The following article by Rip Watson was distributed by Bloomberg News. It was posted on the Montreal Gazette website on November 12.) MONTREAL -- Canadian National Railway Co., Canada's biggest railway, expects to boost earnings per share at least 10 per cent next...
Train derails in Beaver County train yard
(Pittsburgh Television station WTAE posted the following article on its website on November 12.) PITTSBURGH -- A train derailed around 3:45 a.m. in the Conway Yard in Beaver Wednesday morning. The Norfolk Southern train was in the train yard and was in the process of...
