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Rail Industry News

Can U.S. soldiers wear made-in-USA uniforms?

(Source: American Manufacturing website, October 25, 2012) A bipartisan group of 52 Members of Congress have signed a letter to the Pentagon, requesting that the U.S. military issue uniforms made in America, not China. Full story: www.americanmanufacturing.org

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Debunking the coal myth

(Source: Cleveland Plain Dealer, October 23, 2012) CLEVELAND, Ohio — What no one on the Republican side dares say to the miners or their bosses is that the real war on coal isn't being masterminded by the White House or the EPA. Nor is it emanating from the Sierra...

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Railroad stocks mixed at close of October 24 trading

(Source: Associated Press, October 24, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on October 24, including Canadian Pacific, which rose 5.7 percent, and Norfolk Southern, which fell 7.5 percent. Full story: CBS News

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Canadian Pacific profit jumps amid restructuring

(Source: Globe and Mail, October 24, 2012) TORONTO — The broad restructuring of Canadian Pacific Railway Ltd. is “ahead of schedule,” says the company’s new head, including efficiencies from improvements at rail yards to the paring down of its work force. Full story:...

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Low natural gas prices hurt coal

(Source: Associated Press, October 24, 2012) NEW YORK — Railroads have been dealing with weaker coal demand all year because of low natural gas prices that prompted many utilities to switch from coal. The slower economy in the third quarter, especially overseas, hurt...

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