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Daily Headlines
Festive train of lights rallies support for Midwest food banks
CHICAGO -- Canadian Pacific Railway's US Holiday Train begins its spectacular 1,135-mile, seven-day journey near Chicago on Saturday, Dec. 8, taking the battle against hunger to 19 communities in Illinois, Wisconsin, Minnesota, North Dakota and Saskatchewan. The...
UK hires Ford exec to overhaul Railtrack
LONDON -- The British government has appointed a leading Ford executive to oversee the difficult task of rebuilding failed rail network operator Railtrack Plc, a wire service reported. Ford of Britain Chairman Ian McAllister has been chosen by Transport Minister...
AAR statement on Senate vote for cloture
WASHINGTON -- Edward R. Hamberger, President and CEO of the Association of American Railroads, issued the following statement yesterday regarding the Senates vote to invoke cloture on the Railroad Retirement reform legislation: "We’d like to thank the U.S. Senate for...
Post-attack Amtrak ridership did not rise as reported
MILWAUKEE -- The planes were grounded and the nation had just watched airliners crashing into skyscrapers - but Amtrak ridership still didn't grow as the railroad claimed after the Sept. 11 terrorist attacks, new figures show, according to the Milwaukee...
DM&E project causes worry
PIERRE , S.D. -- The federal Surface Transportation Board released its final environmental impact statement on November 19 regarding DM&E's proposed expansion and upgrade project that would allow the railroad to add coal to its list of shipped products, the Capital...
UP announces acquisition of shares in Motor Cargo
OMAHA -- Union Pacific Corporation and Motor Cargo Industries, Inc. today announced that Union Pacific has accepted the Motor Cargo shares which were tendered for exchange in the exchange offer which commenced on October 31, 2001, whereby Union Pacific offered to...
Union Pacific sees revenue growth until 2005
NEW YORK -- Union Pacific Corp., the No. 1 railway operator in the United States, on Wednesday said it expects that its 2002 earnings per share will be higher than in 2001, and that its revenues next year will grow from 1 percent to 3 percent, depending on the...
U.P. outlook upbeat
OMAHA -- Union Pacific Corp. Chairman and Chief Executive Dick Davidson said during an analyst meeting on November 28 in Omaha that he expects future earnings to be better than they were this year, the Omaha World-Herald reports. Davidson, who said last month during...
Railroads challenge harmful West Virginia court practice
CHARLESTON, W.Va. -- Three eastern railroads will file suit to stop West Virginia's "mass litigation" process, which unfairly benefits out-of-state plaintiffs and their attorneys at the expense of the state's citizens and businesses. CSX Transportation, Norfolk...
2 riding atop train killed as it goes under bridge
TUCSON, Ariz. -- Two men were killed Wednesday when the train they were riding atop went under a South Side bridge, the Arizona Daily Star reports. Tucson police were called to the Union Pacific rail yard, off Aviation Parkway between East 22nd Street and East 36th...
