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Rail Industry News

U.S. transportation, security budgets flat for 2011

(The following story by R.G. Edmonson appeared on The Journal of Commerce website on February 1, 2010.) WASHINGTON, D.C. — Initial figures for fiscal 2011 indicate that the departments of Transportation and Homeland Security will be marking time financially in fiscal...

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Teamsters praise Obama budget for focus on jobs

Teamsters General President Jim Hoffa Calls Proposal “Forward Looking” WASHINGTON, D.C. — Teamsters General President Jim Hoffa applauded President Obama for a budget proposal that will help create jobs and restore America’s economic leadership. Hoffa said he was...

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Parked CSX train blocks Florida woman’s path to home

(The following story by Kathie Colgrove appeared on the Nassau County Record website on January 29, 2010.) CALLAHAN, Fla. — When 62-year-old Mae Hailey gets home, she doesn't just get out of her car and walk into the house. She loads her arms with groceries and stoops...

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Large tract near proposed McCalla rail hub up for sale

(The following story by Michael Tomberlin appeared on The Birmingham News website on January 29, 2010.) BIRMINGHAM, Ala. — The owners of 446 acres of farmland near Norfolk Southern's planned railroad hub in McCalla have put the property on the market for more than $20...

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3 sentenced for theft plot that derailed NS train

(The Associated Press circulated the following on January 29, 2010.) BECKLEY, W.Va. — Three men accused of a participating in a plot to steal copper wire that resulted in a train derailment in southern West Virginia have been sentenced on federal charges. The U.S....

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KCS hosts Operation Lifesaver in Nuevo Laredo

(The following story by Osvaldo Rodriguez appeared on the Laredo Sun website on February 1, 2010.) NUEVO LAREDO — "Make a complete stop, look, listen, and then cross," is what anyone who is about to pass a railroad crossing in their vehicle, on foot, or any other type...

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Why buy Burlington Northern Santa Fe?

(The following story by Joe Ruff appeared on the Omaha World-Herald website on January 31, 2010.) OMAHA, Neb. — Warren Buffett, known for his masterful investments as CEO of Berkshire Hathaway, skipped the company about 20 blocks east of his midtown Omaha office when...

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Amtrak to upgrade Michigan railroad tracks

(The following story by Nathan Hurst appeared on the Detroit News website on January 29, 2010.) DETROIT — After a disappointment earlier this week, funding for high-speed rail for Michigan is getting back on track, federal railroad officials said Friday. Amtrak, the...

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Cooling trend slows railroad freight

(The following story by John D. Boyd appeared on The Journal of Commerce website on February 1, 2010.) WASHINGTON, D.C. — As Canadian and Mexican traffic grows, executives hope winter storms are to blame for U.S. chill Railroads are hoping winter storms are the main...

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Coal dust on tracks may increase costs

(The following story by Dustin Bleizeffer appeared on the Casper Star-Tribune website on January 30, 2010.) CASPER, Wyo. — Some public utilities are in a tussle with BNSF Railway over the cost to control coal dust on tracks serving the Powder River Basin, and the end...

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UP begins to recall mothballed railcars

(The following appeared on the Wallowa County Chieftain website on January 29, 2010.) ENTERPRISE, Ore. — Union Pacific Railroad this week began pulling mothballed railcars out of storage in Wallowa County as its business picks up. Some 150 cars were moved off Wallowa...

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Railroad shares mixed at the close of Jan. 29 trading

(The Associated Press circulated the following on January 29, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: Burlington Northern rose $.19 or .2 percent, to $99.73. CSX fell $.82 or 1.9 percent, to $42.86. Canadian...

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