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Rail Industry News

Oberstar rebukes FedEx on labor measure

(The following appeared on The Journal of Commerce website on May 25, 2010.) WASHINGTON, D.C. — House Transportation and Infrastructure Committee Chairman James L. Oberstar took a sharp swipe at FedEx chief Frederick Smith in an interview predicting Congress will pass...

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CSX’s Memphis-Nashville line to re-open

(CSX issued the following on May 25, 2010.) JACKSONVILLE, Fla. — Working ahead of schedule, CSX Transportation today plans to re-open its Memphis-Nashville line that was heavily damaged by severe flooding earlier this month, company officials said. Operations were...

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Railroad shares mixed at the close of May 25 trading

(The Associated Press circulated the following on May 25, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX rose $.01 or percent, to $50.48. Canadian National fell $.73 or 1.3 percent, to $55.99. Canadian Pacific rose...

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FRA considers VRE transition for Keolis, Amtrak

(The following story by Kelly Hannon appeared at Fredericksburg.com on May 26, 2010.) WASHINGTON, D.C. — The Federal Railroad Administration held a meeting yesterday between Amtrak, Keolis Rail Services America and Virginia Railway Express officials to discuss the...

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Canadian Pacific boosts 2010 spending plans

(The following article by John D. Boyd appeared on The Journal of Commerce website on May 24, 2010.) WASHINGTON, D.C. — Canadian Pacific Railway is raising by about $66 million the amount it plans to spend on capital improvements this year, for a new spending program...

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Bill would toughen port security

(The following story by R.G. Edmonson appeared on The Journal of Commerce website on May 24, 2010.) WASHINGTON, D.C. — Wide range of security measures for ports, waterways in new legislation The Coast Guard would be authorized to provide technical assistance and lend...

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