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Daily Headlines
Airline union leaders vow to stop airline ceo campaign to destroy airline workers’ bargaining rights
WASHINGTON, D.C. – Leaders of six AFL-CIO airline unions today urged U.S. Senators to reject airline industry-pushed legislation denying airline workers the right to negotiate on issues such as wages, benefits, and safety by replacing the right to fight for a good...
Cost cutting boosts Norfolk Southern
NORFOLK, Virginia -- U.S. railway operator Norfolk Southern Corp. on Wednesday said second-quarter profits rose, helped by cost cutting, though revenues were flat from a year earlier, a wire service reports. The Norfolk, Virginia, railroad, whose lines cover the...
Norfolk Southern reports second-quarter, first-half results
NEW YORK -- Norfolk Southern Corporation today reported second-quarter net income of $119 million, or $0.31 per diluted share, an increase of 11 percent, compared with net income of $107 million, or $0.28 per diluted share, in the second quarter of 2001....
CP Rail profit rises on auto sector shipments, gain
CALGARY, Alberta -- Canadian Pacific Railway Ltd., the country's No. 2 railroad, said on Tuesday second-quarter profit rose 35 percent due to improved intermodal and automotive shipping operations as well as a foreign exchange gain, reports a wire service. CP Rail,...
CPR reports strong second-quarter operating income – up 7%
CALGARY -- Canadian Pacific Railway reported net income of $169 million for second-quarter 2002, an increase of $43 million, or 35 per cent over net income in the second quarter of 2001. Diluted earnings per share were $1.06 for the quarter ended June 30, 2002,...
Locomotive engineers protest use of remote-control systems
KENNEWICK, Wash. -- Remote-control trains aren't child's play for the Brotherhood of Locomotive Engineers, according to the Tri-Cities Herald. Members of the union demonstrated Tuesday in Kennewick against what they say is the unsafe use of remote-control systems to...
Radical union leaders are threatening a hot British summer
LONDON -- According to a wire service, a resurgent British labor-union movement, egged on by a new generation of radical leaders, is threatening a summer of strikes in what would be the biggest show of worker militancy in Britain in two decades. Prime Minister Tony...
Mineta offers electronic notification about regulatory activities
WASHINGTON -- U.S. Transportation Secretary Norman Y. Mineta offered electronic notification to people who want an easier way to follow U.S. transportation regulatory activities. The new service responds to the Bush Administration's strategy for expanding electronic...
Amtrak ridership up along coasts, down elsewhere
WASHINGTON -- After Sept. 11, a nation jittery over air travel was expected to board passenger trains in droves, reports Gannett News Service. Instead, more than half of Amtrak routes saw fewer riders. Trains running through the Midwest, South and much of the West saw...
CN Rail tops expectations, but caution sounded
MONTREAL -- A wire service reports that second-quarter profit rolled in slightly better than expected at Canadian National Railway Co., North America's fifth-largest railroad, as it benefited from a recent acquisition and strong retail sales in Canada, the company...
