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Daily Headlines
Train vs. boat dispute kills New London commuter rail
(Newsday posted the following Associated Press article by Diane Scarponi on its website on April 22.) NEW LONDON -- In summer, when southeastern Connecticut fills with vacationers, a little turf war breaks out between recreational boaters and Amtrak. They battle over...
Amtrak urged to cut fares
(The Albany Times-Union posted the following article by Cathy Woodruff on its website on April 23.) ALBANY, N.Y. -- Amtrak's move to slash fares between New York City and Boston is rekindling hope for similar cuts on the popular-but-pricey route linking the Capital...
CPR first quarter 2003 results to be announced on April 24
(CPR distributed the following press release on April 22.) CALGARY -- Canadian Pacific Railway will release itsfinancial and operating results for the first quarter of 2003 shortly after4 p.m. Eastern time on April 24, 2003. The results will be discussed with...
Munoz named CSX Executive Vice President, CFO
(CSX Corp. issued the following news release on April 22.) JACKSONVILLE, Fla. -- Michael J. Ward, chairman and chief executive officer of CSX Corporation , announced today the appointment of Oscar Munoz as executive vice president and chief financial officer of CSX...
Faulty wheel assembly likely behind derailment
(The Belleville Intelligencer posted the following article by Jeremy Ashley on its website on April 22.) BELLEVILLE, Ontario -- An investigation by the National Transportation Safety Board (NTSB) into an explosive two-train derailment Feb. 21 in rural east Belleville...
NS earnings dip slightly
(Forbes.com posted the following Reuters story on April 23.) MIAMI -- Leading freight railroad Norfolk Southern Corp. on Wednesday posted a small decline in quarterly profits amid rising fuel prices and soft coal shipments. The Norfolk, Virginia, railroad, with lines...
CN releases first-quarter 2003 results
(The Canadian National Railway issued the following news release on April 23.) MONTREAL -- CN today announced first-quarter 2003 net income of $252 million, or $1.28 per diluted share, compared with net income of $230 million, or $1.15 per diluted share, for the same...
CN operating results sag
(The Canadian Press circulated the following story on April 23.) MONTREAL -- Canadian National Railway Co. suffered an eight per cent decline in first-quarter operating profit as revenue slipped one per cent while expenses increased two per cent. Canada's largest...
Accounting move lifts BNSF
(The New York Times online posted the following Reuters article on its website on April 22.) MIAMI -- Burlington Northern Santa Fe (BNI.N), the No. 2 U.S. railroad, said on Tuesday first-quarter earnings were ravaged by high fuel prices but still rose on an accounting...
BNSF reports 1st – quarter profit increase
(The Associated Press distributed the following article on April 22.) FORT WORTH, Texas -- Freight railroad operator Burlington Northern Santa Fe Corp. said Tuesday its first-quarter profit rose 8.7 percent. The nation's second largest freight railroad earned $187...
