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Daily Headlines
CPR’s Ritchie warns of further job cuts
(The Calgary Herald posted the following article by Grant Robertson on its website on April 30.) CALGARY -- Coming off a record year for profits in 2002, Canadian Pacific Railway Ltd. could look to cut more jobs as the company steps up efforts to rein in costs. CPR...
CSX earnings dip in quarter
(The Florida times-Union posted the following story by Mark Basch on its website on April 30.) JACKSONVILLE, Fla. -- CSX Corp. yesterday reported lower first-quarter operating earnings, as higher fuel costs and weather-related charges offset an increase in revenue....
CSX reports earnings of $99 million
(The following Associated Press article was posted on the New York Times’ website on April 30.) JACKSONVILLE, Fla. -- CSX Corp., which owns the largest rail company in the eastern United States, said Wednesday its first quarter profit climbed nearly fourfold as...
Study shows labor costs not to blame for Amtrak’s troubles
(The TTD issued the following press release on April 30.) WASHINGTON, D.C. -- Total labor costs at Amtrak, including wages and benefits, have remained constant over the past 21 years and have actually declined in real dollars, providing conclusive evidence that...
Asbestos fund seen at $90 billion – $120 billion
(Reuters distributed the following article on April 29.) WASHINGTON -- U.S. labor and industry officials are nearing agreement on a proposed trust fund of between $90 billion and $120 billion to pay asbestos injury claims, a senator overseeing the effort said on...
NS earns Coors recognition
(The Norfolk Southern Corp. issued the following news release on April 29.) NORFOLK, Va. -- Norfolk Southern Corporation has been named Coors Brewing Company's 2002 Transportation Supplier of the Year. Norfolk Southern earned this recognition by significantly reducing...
High-speed train to Vegas gets boost
(The following article was posted on Gambling Magazine’s website on April 29.) LAS VEGAS -- A futuristic train that would carry gamblers from Southern California to Las Vegas picked up speed Monday when a federal agency agreed to sponsor environmental studies for the...
Cooper Industries names UP president to board
(The Associated Press circulated the following on April 30.) HOUSTON -Cooper Industries Ltd. directors elected Union Pacific Railroad Co. president and chief operating officer to its board of directors, the company said Tuesday. Ivor Evans, who has held his job at the...
Rail employees recognized for environmental contributions
(The Association of American Railroads issued the following news release on April 25.) WASHINGTON, D.C. -- Railroad employees from Enola, Pa.; Fort Worth, Tex.; Martinsville, Ind.; Providence, R.I.; St. Paul, Minn.; and Seattle, Wash., will be honored for their...
GO Transit tracking down unsafe drivers to teach them a lesson
(GO Transit issued the following news release on April 29.) TORONTO -- Starting May 1, GO Transit will have another tool in its belt to help fight the battle against aggressive driving and railway track trespassing that can often end in tragedy. The Near Collision...
