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Daily Headlines
RailAmerica completes acquisition of StatesRail
BOCA RATON, Fla. -- RailAmerica, Inc., the world's largest short line and regional railroad operator, today announced that it has completed its acquisition of the stock of the StatesRail companies for $90 million. The final purchase price consisted of approximately...
KCS to release 4th quarter earnings
KANSAS CITY -- Kansas City Southern Industries announced on Jauary 7 that it will report earnings for Fourth Quarter and Year 2001 on January 31, 2002, before the opening of trading on The New York Stock Exchange. KCSI will also hold an Earnings Presentation at the...
Secretary Mineta hails new head of Transportation Security Administration
WASHINGTON, D.C. -- Secretary of Transportation Norman Y. Mineta today hailed the appointment of former U.S. Secret Service chief John Magaw as Under Secretary for Transportation Security. President Bush appointed Magaw to the post, from which Magaw will serve as the...
IUOE continues strike against R.J. Corman
MERRILLVILLE, Ind. -- The International Union of Operating Engineers (IUOE) has submitted the following letter to the Brotherhood of Locomotive Engineers regarding its ongoing Unfair Labor Practice strike against R.J. Corman, Inc. The strike is against various R.J....
Judge voids a union rule issued by Bush
NEW YORK -- According to the New York Times, a federal judge has overturned one of President Bush's earliest executive orders, which required federal contractors to post notices telling workers they did not have to join unions. The order also required the notices to...
Rail strike cripples part of England
LONDON -- A second wave of train strikes crippled rail services across southeast England Monday, leaving tens of thousands of commuters stranded, a wire service reports. South West Trains services across southern England and into London's Waterloo station were...
Transport, shipping stocks chalk up gains
NEW YORK -- A wire service reports that shares of ground and air shipping and transportation stocks climbed higher on Friday, as investors weighed a strong jobs report and other economic indicators as a possible sign the sector could gain strength. The Dow Jones...
Truck hit by two trains in 8-mile drive along tracks
KALAMA, Wash. -- A man, woman and 19-month-old child were unhurt after two passenger trains clipped the pickup truck they were in as it drove for miles along a gravel path between the railroad tracks, Cowlitz County sheriff's deputies say. According to a wire service,...
UP adopts automated speech technology
BOSTON -- SpeechWorks, the global leader in speech recognition and text-to-text speech (TTS) technologies and services, today announced that Union Pacific Railroad, the largest freight railroad in North America, has gone live with new, automated speech services to...
Talks fail to avert British rail strike
LONDON -- Efforts to avert a two-day rail strike in southern England collapsed Sunday when union leaders and the management of South West Trains failed to resolve a dispute over pay and the disciplining of union officials, according to a wire service. The strike will...
