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Daily Headlines
CSX to announce first-quarter earnings
(CSX issued the following news release on April 29.) JACKSONVILLE, Fla. -- CSX Corporation will hold a conference call to discuss its first-quarter 2003 earnings on Wednesday, April 30, 2003, at 11:00 a.m. Eastern Time. CSX expects to announce its earnings at...
KCS gets bank consents on pending acquisitions
(Kansas City Southern issued the following news release on April 28.) KANSAS CITY -- Kansas City Southern (KCS) (NYSE: KSU) today announced that it has received the necessary consents from its Bank Group to consummate the transactions required to place The Kansas City...
KCS reports first quarter earnings
(Kansas City Southern issued the following news release on April 29.) KANSAS CITY -- Kansas City Southern ("KCS" or "Company") reported a $1.9 million increase in net income to $13.6 million (22 cents per diluted share) for the first quarter of 2003 compared to $11.7...
CP Rail counting on grain crop
(The Toronto Star posted the following Canadian Press article by Amy Carmichael on its website on April 29.) VANCOUVER -- The size of the grain crop and the success of cost cutting will determine whether Canadian Pacific Railway Co. can recover from a 25 per cent...
CPR to trim costs as profit falls
(The Globe and Mail posted the following article by Peter Kennedy on its website on April 29.) VANCOUVER -- Canadian Pacific Railway Ltd. is moving to offset the impact of lower first-quarter profit by trimming costs, but would still be interested in buying BC Rail...
US official emphasizes short-haul rail service
(The following story by John Crawley was posted by Reuters on April 29.) WASHINGTON -- Amtrak's money losing long-haul routes should be reconstructed to complement a rail network built around regional corridors that would serve cities and other heavily populated...
Remote-control trains are topic of hearing
(The LaCrosse Tribune posted the following article by Joan Kent on its website on April 28.) LA CROSSE, Wisc. -- Safer than human beings or a prescription for disaster? That's the divergence of opinions regarding remote control technology for trains, which will be...
AFL-CIO transportation unions stand with Northwest Airlines flight attendants in protesting excessive CEO pay
(The TTD issued the following news release on April 25.) WASHINGTON, D.C. -- The following statement was issued today by Sonny Hall, President of the Transportation Trades Department, AFL-CIO, in support of Northwest Airlines flight attendants -- members of...
BNSF project makes changes in Miami
(The Amarillo Globe-News posted the following article by Rick Storm on its website on April 28.) MIAMI, Texas -- Folks in Miami will feel a bit sad when Burlington Northern Santa Fe Railway demolishes the old Miami Grain facility, but Roberts County Judge Vernon Cook...
Ripping up track premature: CN
(The Vancouver Sun posted the following article by Charlie Anderson on its website on April 27.) VANCOUVER -- Canadian National Railways has denied reports that it plans to tear up the rail track between North Vancouver and Whistler and convert it to a road. News...
