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Daily Headlines
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...
Truck driver tried to beat train
POMPANO BEACH, Fla. -- Rescue crews worked late into the night Tuesday at the scene of a serious accident that involved an Amtrak train, according to Click10.com. Investigators said that just after 6 p.m., the driver of a delivery truck tried to beat the train near...
German group protests nuclear safety
DANNENBERG, Germany -- Police used batons and dogs to remove anti-nuclear activists from a railroad Tuesday, enabling a much-delayed train carrying 80 tons of radioactive waste to finish its trip across Germany. Small groups of demonstrators held back by police blew...
U.P. to build room to grow
OMAHA -- Union Pacific Corp.'s soon-to-be-developed downtown headquarters will have more office space than any other building in Omaha, reports the Omaha World Herald. When it is completed in 2004, the $260 million, 19-story Union Pacific Center will have 780,000...
CN’s Paul M. Tellier named Logistics Executive of the Year
CHARLOTTE, N.C. -- Paul M. Tellier, president and chief executive officer of Canadian National, received the McCullough Award - Logistics Executive of the Year. The McCullough Award, sponsored by The National Industrial Transportation League (NITL) and Logistics...
Senate deadlocked on stimulus package
WASHINGTON -- Senate leaders of both parties say top-level negotiations are the only way to break a deadlock on how to stimulate the economy. The GOP-led House is much less interested, a wire service reports. Debate was scheduled to continue Wednesday in the Senate on...
Acela traffic jumps after attacks
NEW YORK -- Amtrak's high-speed Acela Express train service has seen a 35 percent jump in traffic, due largely to setbacks in airline shuttle service in the Northeast since the Sept. 11 attacks, the Wall Street Journal reported in its online edition on Friday. Some...
Amtrak service halted for duffel bag search
RICHMOND, Va. -- Passenger train service through Amtrak's station in Henrico County was halted yesterday because of a small duffel bag that apparently had been accidentally left on an Amtrak train that ended its run at the station Saturday night, the Richmond...
