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Rail Industry News

LaHood lauds Amtrak ridership record

(Source: The Hill, October 21, 2011) WASHINGTON, D.C. — Transportation Secretary Ray LaHood said Friday that Amtrak's record ridership numbers were helping the Obama administration's push for more high-speed railways in the country. Amtrak announced last week that it...

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LaHood lauds Amtrak ridership record

(Source: The Hill, October 21, 2011) WASHINGTON, D.C. — Transportation Secretary Ray LaHood said Friday that Amtrak's record ridership numbers were helping the Obama administration's push for more high-speed railways in the country. Amtrak announced last week that it...

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Earnings call transcript: KCS third quarter 2011

(Source: Seeking Alpha, October 21, 2011) NEW YORK — Kansas City Southern Executive Chairman Michael Haverty and other officials discussed the railroad's third quarter earnings with investors, stock holders and media during a conference call on October 21. A full...

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Earnings call transcript: KCS third quarter 2011

(Source: Seeking Alpha, October 21, 2011) NEW YORK — Kansas City Southern Executive Chairman Michael Haverty and other officials discussed the railroad's third quarter earnings with investors, stock holders and media during a conference call on October 21. A full...

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Amtrak offers 40th anniversary memorabilia

(Source: Amtrak press release (PDF), October 20, 2011) WASHINGTON, D.C. — In celebration of its 40th anniversary, Amtrak is offering exclusive HO scale model trains in Heritage paint schemes. This first-time offering includes 15 limited-run models only available...

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Amtrak offers 40th anniversary memorabilia

(Source: Amtrak press release (PDF), October 20, 2011) WASHINGTON, D.C. — In celebration of its 40th anniversary, Amtrak is offering exclusive HO scale model trains in Heritage paint schemes. This first-time offering includes 15 limited-run models only available...

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Union Pacific 3Q earnings rise 16% on higher prices

(Source: Associated Press, October 20, 2011) NEW YORK (AP) — Union Pacific on Thursday reported that its third-quarter earnings rose 16 percent, as the railroad charged higher prices to offset slower growth in shipments and higher fuel costs. The railroad also said it...

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Union Pacific 3Q earnings rise 16% on higher prices

(Source: Associated Press, October 20, 2011) NEW YORK (AP) — Union Pacific on Thursday reported that its third-quarter earnings rose 16 percent, as the railroad charged higher prices to offset slower growth in shipments and higher fuel costs. The railroad also said it...

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Opinion: Railroad finances in a “full-on rebound”

(Source: Seeking Alpha, October 21, 2011) In spite of a struggling economy, railroad stocks are in a "full-on rebound," according to the financial advice website Seeking Alpha. Railroads such as Union Pacific are posting sizable earnings per share and helping to...

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