Rail Industry News
Norfolk Southern quietly improve site in Toledo
(Source: Toledo Blade, October 31, 2011) TOLEDO, Ohio — Norfolk Southern is quietly upgrading its terminal in central Toledo and the work should be complete later this year or in early 2012. And while the project has not received the headlines of a CSX project in...
Pa. researchers unable to unearth Irish mass grave
(Source: Associated Press, October 30, 2011) MALVERN, Pa. — The Irish immigrants building a stretch of railroad near Philadelphia in 1832 had been in the U.S. only a few weeks when they died — ostensibly of cholera — and were unceremoniously dumped in a mass grave....
Pa. researchers unable to unearth Irish mass grave
(Source: Associated Press, October 30, 2011) MALVERN, Pa. — The Irish immigrants building a stretch of railroad near Philadelphia in 1832 had been in the U.S. only a few weeks when they died — ostensibly of cholera — and were unceremoniously dumped in a mass grave....
Union Pacific voices objections to California high-speed rail plans
(Source: Los Angeles Times, October 28, 2011) LOS ANGELES — Union Pacific says the California High Speed Rail Authority's Central Valley route raises serious safety issues, disregards the company's property rights and would disrupt its freight operations. Full story:...
Union Pacific voices objections to California high-speed rail plans
(Source: Los Angeles Times, October 28, 2011) LOS ANGELES — Union Pacific says the California High Speed Rail Authority's Central Valley route raises serious safety issues, disregards the company's property rights and would disrupt its freight operations. Full story:...
Final California high-speed rail business plan coming tomorrow
(Source: San Jose Mercury News, October 31, 2011) SAN JOSE, Calif. — California's top leaders weighing the fate of the $45 billion high-speed train line will finally get the crucial details they need on Tuesday with the release of the final high-speed rail business...
Final California high-speed rail business plan coming tomorrow
(Source: San Jose Mercury News, October 31, 2011) SAN JOSE, Calif. — California's top leaders weighing the fate of the $45 billion high-speed train line will finally get the crucial details they need on Tuesday with the release of the final high-speed rail business...
Massachusetts commuter rail officials warn of snow delays
(Source: Associated Press, October 31, 2011) BOSTON — Commuter rail officials warn that due to the weekend snow storm, rush-hour delays are likely. Full story: Boston Globe
Massachusetts commuter rail officials warn of snow delays
(Source: Associated Press, October 31, 2011) BOSTON — Commuter rail officials warn that due to the weekend snow storm, rush-hour delays are likely. Full story: Boston Globe
October snowstorm knocks trees onto tracks disrupting Amtrak train service
(Source: Associated Press, October 30, 2011) WASHINGTON, D.C. — Amtrak says the early winter storm that has knocked out power to millions is also disrupting rail service. Full story: Washington Post
October snowstorm knocks trees onto tracks disrupting Amtrak train service
(Source: Associated Press, October 30, 2011) WASHINGTON, D.C. — Amtrak says the early winter storm that has knocked out power to millions is also disrupting rail service. Full story: Washington Post
Norfolk Southern 3Q 2011 net income jumps 24 percent
(Source: Norfolk Southern press release, October 26, 2011) NORFOLK, Va. — Norfolk Southern Corporation today reported record third-quarter net income of $554 million, 24 percent higher compared with $445 million for the same period of 2010. Diluted earnings per share...
Norfolk Southern 3Q 2011 net income jumps 24 percent
(Source: Norfolk Southern press release, October 26, 2011) NORFOLK, Va. — Norfolk Southern Corporation today reported record third-quarter net income of $554 million, 24 percent higher compared with $445 million for the same period of 2010. Diluted earnings per share...
CP Railway earnings slip on weather-related issues
(Source: Financial Post, October 25, 2011) OTTAWA — Canadian Pacific Railway Ltd. said its earnings slipped in the third quarter Tuesday as the railroad continues to struggle in the aftermath of several weather-related incidents earlier in the year. Canada’s...
CP Railway earnings slip on weather-related issues
(Source: Financial Post, October 25, 2011) OTTAWA — Canadian Pacific Railway Ltd. said its earnings slipped in the third quarter Tuesday as the railroad continues to struggle in the aftermath of several weather-related incidents earlier in the year. Canada’s...
CN’s Q3 2011 net income rises to $659 million, posts record carloadings and revenues
(Source: CN press release, October 25, 2011) MONTREAL — CN today reported its financial and operating results for the third quarter and nine-month period ended Sept. 30, 2011. Third-quarter 2011 highlights • Net income increased 19 per cent from the year-earlier...
CN’s Q3 2011 net income rises to $659 million, posts record carloadings and revenues
(Source: CN press release, October 25, 2011) MONTREAL — CN today reported its financial and operating results for the third quarter and nine-month period ended Sept. 30, 2011. Third-quarter 2011 highlights • Net income increased 19 per cent from the year-earlier...
KCS profit doubles to $99.8 million on record freight
(Source: Journal of Commerce, October 21, 2011) WASHINGTON, D.C. — Record third quarter freight traffic and record revenue pushed Kansas City Southern’s profit up 99 percent from a year earlier to $99.8 million. Revenue soared 24 percent. Full story: www.joc.com
KCS profit doubles to $99.8 million on record freight
(Source: Journal of Commerce, October 21, 2011) WASHINGTON, D.C. — Record third quarter freight traffic and record revenue pushed Kansas City Southern’s profit up 99 percent from a year earlier to $99.8 million. Revenue soared 24 percent. Full story: www.joc.com
CSX announces record third quarter earnings per share up 19%
(Source: CSX press release, October 18, 2011) JACKSONVILLE, Fla. – October 18, 2011 – CSX Corporation today announced third quarter net earnings of $464 million, or $0.43 per share, versus $414 million, or $0.36 per share, in the same period last year. This is a 19...
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