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Rail Industry News

STB: CN has to abide by 2008 EJ&E decision

(The following story by Keith Benman appeared on at NWItimes.com on June 3, 2010.) MUNSTER, Ind. — The chairman of the Surface Transportation Board on Wednesday said Canadian National Railway will have to stick to the terms of his agency's original decision on its...

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FRA waiver paves way for Caltrain electrification

(The following appeared on the Progressive Railroading website on June 2, 2010.) Last week, Caltrain received a waiver from the Federal Railroad Administration to operate standard trains and lighter-rail equipment on the same tracks. The waiver will enable Caltrain to...

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Railroad shares up at the close of June 2 trading

(The Associated Press circulated the following on June 2, 2010.) NEW YORK — Shares of some top railroads companies were up at the close of trading: CSX rose $1.97 or 3.8 percent, to $53.50. Canadian National rose $1.54 or 2.7 percent, to $58.90. Canadian Pacific rose...

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CP Rail aims to boost operating efficiencies

(Reuters circulated the following story by Allan Dowd on June 2, 2010.) VANCOUVER — Canadian Pacific Railway (CP.TO) can become more efficient with operating changes that do not require significant capital spending, the carrier's new chief operating officer said on...

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RRB issuing statements of service

(The U.S. Railroad Retirement Board issued the following on May 29, 2010.) CHICAGO — Each year, the U.S. Railroad Retirement Board (RRB) prepares a “Certificate of Service Months and Compensation” (Form BA-6) for every railroad employee who received creditable...

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Norfolk Southern to stop service on Georgia line

(The following story by Crystal Tatum appeared on the Newton Citizen website on June 2, 2010.) COVINGTON, Ga. — Norfolk Southern has applied to discontinue service on its rail line between Porterdale and Newborn in lieu of an abandonment, a spokeswoman said Tuesday....

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Progress Rail to acquire Electro-Motive Diesel (EMD)

(The following appeared on the Progressive Railroading website on June 1, 2010.) Today, Progress Rail Services Corp. announced it signed an agreement to purchase Electro-Motive Diesel Inc. (EMD) for $820 million from Berkshire Partners L.L.C. and Greenbriar Equity...

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Appeals court: Union Pacific did not discriminate

(The Associated Press circulated the following story by Margery A. Beck on June 1, 2010.) OMAHA, Neb. — A federal court rejected the appeal on Tuesday of an Omaha woman who sued Union Pacific Railroad Co., claiming that she was fired as a train dispatcher in 2006...

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Railroad shares down at the close of June 1 trading

(The Associated Press circulated the following on June 1, 2010.) NEW YORK — Shares of some top railroads companies were down at the close of trading: CSX fell $.72 or 1.4 percent, to $51.53. Canadian National fell $.01 or percent, to $57.36. Canadian Pacific fell $.63...

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