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Daily Headlines

Union Pacific’s growth track

WASHINGTON, D.C. -- With the U.S. economic recovery expected to pick up steam in the months ahead, we at Standard & Poor's believe that railroad stocks will continue to outperform the broader market over the next year, according to a report published in Business Week...

Ferroequus continues to fight for CN rail line access

OTTAWA -- Ferroequus Railway is not giving up its bid to haul grain along Canadian National (CH) line from Camrose, Alta. to Prince Rupert, B.C., Canadian Transportation Logistics reported. Even though the company lost its Canadian Transportation Agency (CTA) hearing...

Labor invited to CN talks

NORTH BAY, Ont. -- The Ontario Northland Transportation Commission consultant negotiating the purchase of the Ontario Northland Railway with CN Rail has invited ONR union leaders to be part of the negotiations, the North Bay Nugget reported. Roy Hains said he made the...

For first time, CN earns more in U.S.

MONTREAL -- Historic Canadian National Railway Co. will for the first time get more revenues from operations in the United States than Canada this year, its chief executive said today. The Candian Press reports that out of total revenues, which were $5.6 billion last...

Opinion: Amtrak satisfaction guarantee was doomed from the outset

BOSTON -- On Friday, Amtrak eliminated what it once described as a travel industry first - a no-questions-asked customer satisfaction guarantee, accordng to an editorial in the Boston Globe. It was handled relatively quietly. The news was leaked several weeks ago, so...

BLE General Chairman Koonce wins CN President’s Awards

MONTREAL -- Canadian National recently named John Koonce, Michael A. Wells and Tarie Smith, all residents of Memphis, as winners of its CN President's Awards for Excellence for 2002. In this year's edition of the annual employee awards program, a record 146 employees...

Frustrated commuter ‘rode on outside of train’

LONDON -- Passengers on a packed London train say a man who couldn't get on a crowded train rode on the outside "like Indiana Jones," according to a report at ananova.com. They said he couldn't squeeze on board, so rode on a footplate at the back of the train for 20...

Train conductors in northern England strike over pay

LONDON -- Train services across northern England were disrupted Saturday as conductors held a one-day strike in a long-running pay dispute, reported the Associated Press. Several hundred conductors at Arriva Trains Northern have staged more than 20 days of walkouts...

Man charged after train smacks SUV

ORANGE CITY, Fla. -- Troopers charged a DeLand man Saturday with careless driving after his sport utility vehicle was abandoned in the middle of a railroad track and plowed into by an oncoming freight train, the Daytona Beach News-Journal reported. No one was injured,...

West coast ports, union reach tentative deal on technology issues

LOS ANGELES -- A tentative agreement on key technology issues separating West Coast port operators and longshoremen has been reached, said federal negotiators, the first sign of compromise among the parties whose rift led to a 10-day closing of West Coast docks last...

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