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Rail Industry News

Oral arguments under way in key U.S. railroad lawsuit

(Dow Jones Newswires circulated the following story by Bob Sechler on October 6, 2010.) NEW YORK — A key ruling on class-action status could come by the end of the year in a closely watched lawsuit against the top U.S. freight railroads for allegedly colluding to...

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CSX puts new face on S. Baltimore park

(The following story by Childs Walker appeared on The Baltimore Sun website on October 9, 2010.) BALTIMORE, Md. — As she looked at the freshly painted benches and leafy new trees, Betty Bland-Thomas said she felt a little more alive. "People need space," said the...

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UP to restart track projects in Calif. and Arizona

(The Associated Press circulated the following on October 10, 2010.) PHOENIX, Ariz. — Union Pacific Railroad says it is restarting track improvement projects in California and Arizona that were put on hold because of the recession. The railroad says it will spend...

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Railroads companies shares up at the close of trading

(Associated Press circulated the following on October 8, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $.80 or 1.4 percent, to $57.49. Canadian National rose $.74 or 1.1 percent, to $65.88. Canadian Pacific rose...

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Small railroads post strongest volume of 2010

(The following story by John D. Boyd appeared on The Journal of Commerce website on October 7, 2010.) WASHINGTON, D.C. — With an increase in chemical tankcar shipments that make up their largest commodity category, North America’s regional and short line railroads set...

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CN adds railcars to boost steel business

(The following story by John D. Boyd appeared on The Journal of Commerce website on October 8, 2010.) WASHINGTON, D.C. — Canadian National Railway said it is adding railcars and taking other steps to meet supply chain needs of steel producing customers in Canada, the...

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CP Rail sets 10-year coal deal with major coal shipper

(The following story by John D. Boyd appeared on The Journal of Commerce website on October 7, 2010.) WASHINGTON, D.C. — Canadian Pacific Railway and Teck Resources, its largest coal shipper, agreed to terms on a 10-year deal for CP to carry Teck’s metallurgical coal...

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CSX touts plans for NY-Midwest rail route

(The following story by Joseph Bonney appeared on The Journal of Commerce website on October 8, 2010.) WASHINGTON, D.C. — CSX Transportation and New York-New Jersey port officials say the opening of a section of track to trains carrying double-stacked, high-cube...

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Two killed in Crowley train wreck

(The following story by J.J. Alcantara appeared on The Daily Advertiser website on October 8, 2010.) AMARILLO, New Mexico — Two people have been killed in a wreck between a train and a vehicle. The Acadia Parish Sheriff’s Office received a call at 4 a.m. from BNSF,...

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