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Daily Headlines
CP to cut 820 jobs over three years
(CBC News published the following report on its website on July 24.) CALGARY -- Canadian Pacific Railway said second-quarter profit was slashed by a $150 million (after tax) restructuring charge. The charge, $228 million before tax, covers the writedown of the value...
UP net income down
(The Union Pacific Corp. issued the following news release on July 24.) OMAHA -- Union Pacific Corporation today reported second quarter net income of $288 million, or $1.10 per diluted share. This compares to net income of $304 million, or $1.15 per diluted share in...
House GOP would give Amtrak $900M in aid
(The Associated Press distributed the following article on July 23.) WASHINGTON -- House Republicans prepared a revamped transportation bill on Wednesday that would give Amtrak $900 million next year, more than an earlier version but half what the financially...
Train carrying fertilizer derails
(The following Associated Press article appeared on the Winfield Daily Courier’s website on July 23.) ARKANSAS CITY, Kan. -- A train with five tanker cars, including one carrying liquid fertilizer, derailed Tuesday in the northern part of the city, but no one was...
BNSF derailment closes Hi-Line route
(The Great Falls Tribune posted the following Associated Press article to its website on July 24.) WHITEFISH, Mont. -- A westbound Burlington Northern-Santa Fe train derailed 85 miles west of here along the Kootenai River Tuesday evening, closing the entire northern...
High-tech changes raise rail concerns
(The Idaho Press-Tribune published the following story by Lane Bettencourt on its website on July 23.) NAMPA, Idaho -- Locomotives will soon be switched by remote control at Nampa's Union Pacific Railroad yard, a high-tech change that causes some employees concern....
Tighter cargo security proposed
(The Washington Post published the following story by Martha McNeil Hamilton and Sara Kehaulani Goo on its website on July 23.) WASHINGTON, D.C. -- U.S. Customs and Border Protection proposed stiff new regulations yesterday designed to prevent terrorists from sneaking...
LIRR headed for Grand Central?
(The following article by Joshua Robin was posted on Newsday’s website on July 22.) NEW YORK -- The MTA is prepared to buy or condemn through eminent domain parts of three prime midtown properties to make way for the Long Island Rail Road to stop at Grand Central...
Hub to open with great expectations
(The Rockford Register Star published the following story by Sarah Roberts on its website on July 22.) ROCHELLE, Ill. -- The economic expectations for the new Union Pacific intermodal hub in this small town are so great that advocates talk about it as a national...
NS switchyard gets busy
(The Times Daily published the following story by Mike Goens on its website on July 23.) MUSCLE SHOALS, Ala. -- Business is increasing at Norfolk Southern's switchyard in Muscle Shoals with the recent addition of a coal transportation contract. That also means that...
