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Daily Headlines
Body found At CSX rail yard
JACKSONVILLE, Fla. -- Investigators are trying to identify the remains of a person found at the CSX rail yard by an employee Sunday evening, according to WJXT News4Jax.com. Police said they were called to the facility off North McDuff Avenue in Northwest Jacksonville...
NJ Transit ready to award pact for bi-level rail cars
BERGEN, N.J. -- NJ Transit will consider awarding a $250 million contract this week for at least 100 bi-level rail cars to ease chronic crowding on its New York-bound trains, reports the Bergen Record. Testing on the cars would begin in late 2005, and the agency would...
Rail yard cleanup meeting is set
DEDHAM. Mass. -- MBTA officials will update residents tomorrow on the progress of cleanup efforts at the contaminated Readville rail yard, the Neponset Valley Daily News reports. The 37-acre yard on Industrial Drive in Dedham and Readville was tainted with high levels...
Judge clears barrier to rail project in S.D.
MINNEAPOLIS -- A federal judge has thrown out parts of a South Dakota law that could have blocked the $2 billion coal-train construction plan of the Dakota, Minnesota & Eastern Railroad (DM&E), reports the Minneapolis Star-Tribune. The railroad, with headquarters in...
Former CEO comes with some baggage
WASHINGTON -- Just like Paul H. O'Neill, the man he expects to replace as Treasury secretary, John W. Snow has been chosen for President Bush's Cabinet after heading a major U.S. corporation and serving in a top executive-branch job in the Ford administration. When...
Lucrative years as C.E.O., despite average performance
NEW YORK -- John W. Snow was paid more than $50 million in salary, bonus and stock in his nearly 12 years as chairman of the CSX Corporation, the railroad company. During that period, the company's profits fell, and its stock rose a bit more than half as much as that...
A pragmatist at Treasury
WASHINGTON -- John W. Snow, the railroad executive President Bush has chosen to be his next secretary of the Treasury, is a pragmatic business executive who once campaigned vociferously to place top priority on balancing the budget rather than on cutting taxes,...
Nominee tackles his first day as economic salesman
WASHINGTON -- The New York Times reports that President Bush named John W. Snow as the next Treasury secretary, and Mr. Snow quickly took up the mantle of chief economic salesman by reaching out to lawmakers as the administration prepares to send Congress new...
Old-time rail men swap memories
BILLINGS, Mont. -- When Matt Schalk isn't home, his answering machine picks up with the wail of a steam locomotive and clanging bells. Why not? His telephone is shaped like a train, the Associated Press reported. Schalk, 73, is a retired Butte, Anaconda and Pacific...
Historic Skunk Train files for bankruptcy
UKIAH, Calif. -- In a last-ditch effort to save the 117-year-old "Skunk Train," the California Western Railroad board of directors has filed for reorganization under Chapter 11 of the federal bankruptcy regulations, the Ukiah Daily Journal reported. In the meantime,...
