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Daily Headlines

Sen. Murray targets Amtrak regional divide

WASHINGTON, D.C. -- Legislative battles are often cast as fairly simple affairs: Democrat vs. Republican, industry vs. industry, House vs. Senate or even White House vs. Congress. But they're often not that simple, the Washington Post reports. Take Amtrak, for...

More riders, and more losses on Amtrak

WASHINGTON -- In the dramatic endings to silent movies, the heroine was tied to the railroad tracks by the villain, with the audience wondering if the hero would arrive in time to save her. In real life these days, it is the oncoming train that is on the brink,...

No injuries in power station crash

MICHIGAN, Ind. -- A runaway train plowed through NIPSCO’s Michigan City Generating Station Thursday morning, hitting another locomotive before the second locomotive’s engineer narrowly jumped to safety, according to the Michigan City News Dispatch. The unmanned...

CSX names Adams Resident Vice President

JACKSONVILLE, Fla. -- James L. Adams has been named CSX (NYSE: CSX - news) resident vice president-state relations for Kentucky, announced Arnie Havens, senior vice president-government affairs. Adams succeeds Jay S. Westbrook, who has been named assistant vice...

Analyst cuts BNSF, Union Pacific

NEW YORK -- UBS Warburg on Friday cut its ratings on Burlington Northern Santa Fe Railway and Union Pacific Corp. (NYSE:UNP - news) to “hold” from “buy” due to recent gains for both stocks, reports a wire service. Analyst Rick Paterson, in a research note, said Union...

UP execs get stock incentives

OMAHA, Neb. -- The chairman and chief executive of Union Pacific Corp. received $6.5 million in stock incentives plus $1.2 million in compensation for 2001, a wire service reports. Richard K. Davidson's salary was $1.1 million and he was given other compensation of...

U.P. wins: Trains rumble through Utah neighborhoods

SALT LAKE CITY -- Federal railroad regulators say interstate commerce is more important than the quality of life of Glendale and Poplar Grove residents, according to the Salt Lake Tribune. The Surface Transportation Board this week rejected Salt Lake City's petition...

STB denies Salt Lake City’s application for abandonment of UP line

WASHINGTON -- Surface Transportation Board (Board) Linda J. Morgan announced today that the Board has issued a decision denying the application of the Salt Lake City Corporation (City) seeking the adverse abandonment (one filed by a party other than the railroad) of a...

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