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Daily Headlines

CP Rail says it is being unfairly blamed for transport ills

(Source: Canadian Press, May 10, 2018) CALGARY — The onus for improving grain transportation in Canada is not just on the railways, but will require investment from the "bookends" of the system -- the elevators that load the grain and the ports that put it on ships,...

NJ Transit makes Forbes best employers list, riders express disbelief

(Source: www.nj.com, May 10, 2018) NEWARK, N.J. — NJ Transit's self-proclaimed slogan is "the way to go" and according to Forbes, it's also the place to work. The naming of the state's mass transit agency to Forbes list of 500 best employers brought the expected proud...

AAR reports rail traffic for week ending May 5, 2018

(Source: Association of American Railroads press release, May 9, 2018) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 5, 2018. For this week, total U.S. weekly rail traffic was 545,937 carloads...

Golden spike marks transcontinental breakthrough, May 10, 1869

(Source: Politico, May 10, 2018) WASHINGTON, D.C. — Workers for the Union Pacific and Central Pacific railroads on this day in 1869 watched as a golden spike was driven into the rails at Promontory Summit, Utah. Coming some four years after the Civil War, the event...

CP Rail raising quarterly dividend by 15.5%

(Source: Canadian Pacific press release, May 10, 2018) CALGARY, Alberta — Canadian Pacific Railway Limited today announced that the board declared a quarterly dividend of $0.65 per share, an increase of 15.5 percent to the previous dividend of $0.5625 per share. The...

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