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Daily Headlines
‘Train of the future’ soon to approach stations on L.I.R.R. and Metro-North
NEW YORK -- One fan calls it the commuter's "train of the future." It has onboard pay telephones, ergonomic seats, more legroom, picture windows with tinted panes, smoother suspension, back-up air-conditioners, automated station announcements, no-flicker lighting,...
Tellier talks up CN earnings
OTTAWA -- An earnings warning that prompted a sharp drop in Canadian National Railway Co.'s shares yesterday should not obscure the fact profits will still grow this year, says Paul Tellier, president and chief executive. The National Post reports that CN's stock fell...
Let market forces prevail, Tellier says
CALGARY -- The Alberta government -- a champion of free enterprise -- is on the wrong track in pushing for increased federal regulation of Canada's railways, says Paul M. Tellier, president and chief executive officer of Canadian National. According to a CN press...
Tellier comes out swinging against Alberta for open-access of rail lines
CALGARY -- Alberta's attempts to force Canada's main railways to open up their tracks and customer base to competitors is misguided, Canadian National president and CEO Paul Tellier said Thursday in a speech. The Canadian Press reported that Tellier used his speech at...
CSX stock drops 16% on coal news
RICHMOND, Va. -- Shares of CSX Corp. fell by 16 percent yesterday on news that third-quarter results would be hurt by lower coal shipments over the summer, the Richmond Times-Dispatch reported. Richmond-based CSX stock closed down $5.60 at $29.03 yesterday after the...
Railroad stocks tumble as CSX, Canadian National issue cautious forecast
NEW YORK -- A wire service reports that shares of railroad operators CSX Corp. (NYSE:CSX - News) and Canadian National Railway Co. fell Thursday after the two companies gave disappointing financial forecasts, blaming fewer shipments of commodities. CSX said lower coal...
6 BNSF train cars derail east of Malta
MALTA, Mont. -- According to the Billings Gazette, a half-dozen cars on a 31-unit Burlington Northern Santa Fe freight train derailed about 18 miles east of here Tuesday afternoon, including a unit containing potassium hydroxide. Another derailed car contained...
Engineers steam over remote-control trains
SAN JOSE -- Like a life-sized model railroad, Union Pacific has begun shuttling remote-control trains -- including those carrying hazardous waste -- around its San Jose and Oakland rail yards and the Caltrain main line, according to the Hayward (Calif.) Daily Review....
Flight attendants want better training
WASHINGTON -- Many flight attendants say they haven't been adequately taught to defend themselves or their passengers from terrorists because each airline offers different training for dealing with potential threats, a wire service reports. Congress passed a law in...
Union keeps Midwest Express guessing
MILWAUKEE, Wisc. -- They've promised chaos, but so far, the 440 union flight attendants involved in a labor dispute with Midwest Express Airlines have delivered nothing more than angst, the Milwaukee Journal Sentinel reports. On Saturday, Midwest Express flights came...
