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Daily Headlines
UP earnings dragged down by fuel costs
(Reuters.com posted the following article on its website on April 24.) MIAMI -- Union Pacific Corp., North America's biggest railroad, on Thursday said quarterly profits dropped as higher fuel costs and harsh winter weather dragged on results. The freight hauler,...
NS earnings soar due to accounting change
(The Kansas City Star posted the following Associated Press article on its website on April 24.) NORFOLK, Va. -- Norfolk Southern Corp.'s first-quarter profits more than doubled to $209 million, largely due to a gain from an accounting change. The Norfolk-based...
UP reports first quarter results
(The Union Pacific Corp. issued the following news release on April 24.) OMAHA - Union Pacific Corporation today reported $.60 per diluted share in first quarter 2003 income before the cumulative effect of a change in accounting principle related to the adoption of...
Steam engine overhaul
(The Missoulian posted the following article by Sherry Devlin on its website on April 23.) MISSOULA, Mont. -- Over the past century and a year, Locomotive No. 1356 has seen its share of rescues. The Missoula Redevelopment Agency mounted yet another Monday, this one...
Power outages close three SEPTA lines
(Philadelphia television station WCAU posted the following article on its website on April 23.) PHILADELPHIA -- It hasn't been a good day for SEPTA and commuters: Two separate incidents closed down three SEPTA railway lines into Philadelphia Wednesday morning. A...
Opinion: Why Via will always be off the rails
(The Globe and Mail posted the following editorial by Jeffrey Simpson on its website on April 23.) TORONTO -- Waiting for the Via Rail train to chug late again into Ottawa (by "only" 25 minutes this time) gave a frequent traveller time to read newspaper stories about...
Audit: MTA hid millions to justify fare hike
(Newsday posted the following Associated Press article by Elizabeth LeSure on its website on April 23.) NEW YORK -- An audit of the nation's largest transit agency found it concealed tens of millions of dollars while arguing for a fare increase, an official familiar...
Hevesi says M.T.A. moved millions to simulate a deficit in 2003
(The following article by Randy Kennedy was published in the New York Times on April 23.) NEW YORK -- A state audit has concluded that the Metropolitan Transportation Authority secretly shifted hundreds of millions of dollars in surplus money to create the appearance...
Amtrak announces W.Va. scheduling changes
(The Herald-Dispatch posted the following article by Bob Withers on its website on April 23.) HUNTINGTON, W.Va. -- Amtrak is issuing a new timetable Monday and notes a few changes for passengers using the Washington, D.C.-Chicago Cardinal. The westbound train s...
Amtrak welcomes shoreline commuters
(The Hartford Courant posted the following article by Stephanie Reitz on its website on April 23.) HARTFORD, Conn. -- Starting Monday, a softer seat and a faster ride are in store for some regular Shore Line East passengers. The commuter rail service isn't being...
