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Rail Industry News

Norfolk Southern awards 10 college scholarships

(Norfolk Southern issued the following on April 22, 2010.) NORFOLK, Va. — Ten sons and daughters of employees are receiving college scholarships from Norfolk Southern Corporation under the company's annual scholarship program. Two are recipients of the National Merit...

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Union Pacific sees rail rates firming

(The following story by John D. Boyd appeared on The Journal of Commerce website on April 22, 2010.) WASHINGTON, D.C. — Union Pacific Railroad officials see their 3.5 percent “core pricing” gains in the first quarter as the low point of 2010, and look for their...

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Union Pacific’s profit rises 43% for first quarter

(The Associated Press circulated the following story by Josh Funk on April 22, 2010.) OMAHA, Neb. — Union Pacific said Thursday that stronger shipping demand drove the railroad's first-quarter profit 43 percent higher and suggested the economy is improving. The Omaha,...

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Canadian railways celebrate Earth Day

(The Railway Association of Canada issued the following on April 22, 2010.) OTTAWA — In honour of the 40th anniversary of Earth Day - a day designed to inspire awareness and appreciation for the Earth's environment - the Railway Association of Canada (RAC) is...

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Merced high-speed rail station detailed

(The following story by Danielle E. Gaines appeared on the Merced Sun-Star website on April 21, 2010.) MERCED, Calif. — Merced's high-speed rail depot will be the next big architectural statement in Merced County, politicians and designers said Tuesday night at a...

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‘Unusual’ double train derailment investigated

(The following story by Charles Owens appeared on the Bluefield Daily Telegraph website on April 22, 2010.) WELCH, W.Va. — Investigators with Norfolk Southern are still trying to figure out what caused an unusual double train derailment in McDowell County. A train...

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Standard & Poor’s boosts outlook for CSX

(The following story by John D. Boyd appeared on the Journal of Commerce website on April 20, 2010.) WASHINGTON, D.C. — Standard & Poor's Ratings Services said it has revised its outlook on eastern-U.S. rail giant CSX Transportation to “positive” from “stable,” given...

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BNSF introduces expanded Memphis intermodal facility

(BNSF issued the following on April 21, 2010.) FORT WORTH, Texas — BNSF Railway Company today introduced its new Memphis Intermodal Facility to customers, community and state leaders during the facility’s grand opening ceremony. BNSF’s Memphis Intermodal Facility is...

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