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Daily Headlines

CSX Technology Center is secure, prepared

JACKSONVILLE, Fla. -- The first thing you're told when you arrive for a tour of CSX Corp.'s Advanced Information Technology Center is what to do in the event of an emergency. When an alarm goes off, you've got to be ready to move, the Florida Times-Union reported. And...

193 CSX workers to be furloughed

RACELAND, Ky. -- CSX Transportation will furlough 193 of the 291 workers at the Raceland, Ky., car shops at the end of this week, the Huntington (W.Va.) Herald-Dispatch reported. It’s the first time since signing an agreement seven years ago guaranteeing work in...

CPR 3rd quarter 2002 analyst presentation Oct. 22

CALGARY -- Canadian Pacific Railway will present its third-quarter 2002 financial and operating results to financial analysts on Oct. 22 in the auditorium at the Toronto Stock Exchange Conference Centre, beginning at 11 a.m. ET. CPR's results will be presented by...

CP breakup a success, ex-chief says on anniversary

CALGARY -- One year after five independent companies emerged from the breakup of business icon Canadian Pacific Ltd., former president David O'Brien says the spinoff was an "unqualified success," the Canadian Press reported. The sum of Canadian Pacific's parts --...

MMA concludes agreement to purchase lines from CPR

CALGARY -- Canadian Pacific Railway (CPR) and Rail World, Inc., a Chicago-based railway investment and management company, announced that Rail World's subsidiary, Montreal, Maine & Atlantic Railway (MMA) had concluded an agreement under which MMA will acquire Canadian...

Burlington Northern cuts 3rd quarter outlook

FORT WORTH, Texas -- Freight railroad Burlington Northern Santa Fe Corp. lowered its outlook for third-quarter profits, citing increased expenses and revenue lost because of the work stoppage at West Coast ports, reports the Associated Press. Burlington Northern said...

Transportation unions urge end to lockout on West Coast docks

WASHINGTON, D.C. -- Standing together in support of 11,000 longshoremen who have been locked out of their jobs at West Coast ports, the Executive Committee of the AFL-CIO's Transportation Trades Department (TTD) today united behind a strong statement urging the...

Trucking, airfreight, railroads affected by closure of West Coast ports

LOS ANGELES -- Long Beach Trucker Travis Steeres may end up driving back to Canada empty-handed if the bananas he's waiting for spoil before longshoremen return to work at the Port of Long Beach, the Orange County Register reported. The labor dispute that kept 10,500...

Longshore union walks out of mediation talks

OAKLAND, Calif. -- Efforts to start federal mediation for a U.S. port dispute that has stranded mountains of cargo on West Coast docks collapsed Tuesday after the longshoremen's union stormed out of talks, accusing port employers of bringing ``gun-toting thugs'' to...

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