Rail Industry News
Stock market glance: Railroads companies
(Source: Associated Press, November 22, 2011) NEW YORK — Shares of some top railroads companies were mostly down at the close of trading on November 22, including KCS, NS and Union Pacific. CSX was unchanged. Full story: www.cnbc.com
Stock market glance: Railroads companies
(Source: Associated Press, November 22, 2011) NEW YORK — Shares of some top railroads companies were mostly down at the close of trading on November 22, including KCS, NS and Union Pacific. CSX was unchanged. Full story: www.cnbc.com
DOT awards $150 million to Michigan to expand high-speed rail in Midwest
(Source: U.S. Department of Transportation press release, November 22, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today awarded $150 million to the Michigan Department of Transportation (MDOT) for a high-speed rail project that will increase the...
DOT awards $150 million to Michigan to expand high-speed rail in Midwest
(Source: U.S. Department of Transportation press release, November 22, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today awarded $150 million to the Michigan Department of Transportation (MDOT) for a high-speed rail project that will increase the...
Pershing Square ups stake in CP Rail to 12.4 percent
(Source: Financial Post, November 22, 2011) OTTAWA, Ontario — Pershing Square Capital Management has invested another $90 million in Canadian Pacific Railway, raising the fund’s stake in Canada’s second-biggest railroad to 12.4 percent from 12.2 percent. Full story:...
Pershing Square ups stake in CP Rail to 12.4 percent
(Source: Financial Post, November 22, 2011) OTTAWA, Ontario — Pershing Square Capital Management has invested another $90 million in Canadian Pacific Railway, raising the fund’s stake in Canada’s second-biggest railroad to 12.4 percent from 12.2 percent. Full story:...
CP Rail targets rail worker pension costs
(Source: Globe and Mail, November 22, 2011) TORONTO — Canadian Pacific Railway Ltd. is proposing cost-cutting changes to retirement plans for employees, illustrating the pressure many major employers are facing because of high pension costs. CP and the Teamsters...
CP Rail targets rail worker pension costs
(Source: Globe and Mail, November 22, 2011) TORONTO — Canadian Pacific Railway Ltd. is proposing cost-cutting changes to retirement plans for employees, illustrating the pressure many major employers are facing because of high pension costs. CP and the Teamsters...
STB orders $63 million in rate relief to Arizona utility company
(Source: U.S. Surface Transportation Board press release, November 22, 2011) WASHINGTON, D.C. — The U.S. Surface Transportation Board granted an estimated $63 million in reparations and rate reductions to the Arizona Electric Power Cooperative, Inc. The decision...
STB orders $63 million in rate relief to Arizona utility company
(Source: U.S. Surface Transportation Board press release, November 22, 2011) WASHINGTON, D.C. — The U.S. Surface Transportation Board granted an estimated $63 million in reparations and rate reductions to the Arizona Electric Power Cooperative, Inc. The decision...
Amtrak expecting its busiest travel day of the year on day before Thanksgiving
(Source: Washington Post, November 23, 2011) WASHINGTON, D.C. — Warning, rail passengers: Amtrak is expecting its busiest single travel day of the year. Amtrak says the heaviest travel day of the year is the Wednesday before Thanksgiving. Last year, the day set a...
Amtrak expecting its busiest travel day of the year on day before Thanksgiving
(Source: Washington Post, November 23, 2011) WASHINGTON, D.C. — Warning, rail passengers: Amtrak is expecting its busiest single travel day of the year. Amtrak says the heaviest travel day of the year is the Wednesday before Thanksgiving. Last year, the day set a...
Occupy movement calls for shutdown of West Coast ports
(Source: Journal of Commerce, November 22, 2011) WASHINGTON, D.C. — The Occupy Movement is calling for a shutdown of all West Coast ports on Dec. 12, but they will have to pursue their goal without the cooperation of the powerful International Longshore and Warehouse...
Occupy movement calls for shutdown of West Coast ports
(Source: Journal of Commerce, November 22, 2011) WASHINGTON, D.C. — The Occupy Movement is calling for a shutdown of all West Coast ports on Dec. 12, but they will have to pursue their goal without the cooperation of the powerful International Longshore and Warehouse...
BLET National Division office holiday hours
CLEVELAND, November 23 — In observance of the Thanksgiving holiday, the BLET National Division office will be closed on Thursday, November 24 and Friday, November 25. Regular business hours will resume on Monday, November 28. BLET National President Dennis R. Pierce...
BLET National Division office holiday hours
CLEVELAND, November 23 — In observance of the Thanksgiving holiday, the BLET National Division office will be closed on Thursday, November 24 and Friday, November 25. Regular business hours will resume on Monday, November 28. BLET National President Dennis R. Pierce...
Congressional Republicans want to take back high-speed rail funds
(Source: Los Angeles Times, November 22, 2011) LOS ANGELES — California's proposed bullet train, the nation's largest public infrastructure project, has become the focus of an intense federal funding battle that could undermine its survival, as Republican leaders in...
Congressional Republicans want to take back high-speed rail funds
(Source: Los Angeles Times, November 22, 2011) LOS ANGELES — California's proposed bullet train, the nation's largest public infrastructure project, has become the focus of an intense federal funding battle that could undermine its survival, as Republican leaders in...
DOT awards nearly $1 billion for California high-speed rail construction
(Source: U.S. Department of Transportation press release, November 22, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today awarded a California High-Speed Rail Authority for initial construction of California High-Speed Rail. Construction will...
DOT awards nearly $1 billion for California high-speed rail construction
(Source: U.S. Department of Transportation press release, November 22, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood today awarded a California High-Speed Rail Authority for initial construction of California High-Speed Rail. Construction will...
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