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Rail Industry News

Two trains collide on CSX property in Newport News

(Source: WTHI-TV, May 14, 2018) TERRE HAUTE, Ind. — A CSX train derailed after colliding with a coal train in the 400 block of South Avenue in Newport News. No injuries have been reported, according to officials, and the crash happened on the property of CSX around 6...

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UP declares Q2 2018 dividend

(Source: Union Pacific press release, May 10, 2018) OMAHA, Neb. — The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 73 cents per share on the company’s common stock, payable June 29, 2018, to shareholders of record May 31, 2018....

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CP Rail raising quarterly dividend by 15.5%

(Source: Canadian Pacific press release, May 10, 2018) CALGARY, Alberta — Canadian Pacific Railway Limited today announced that the board declared a quarterly dividend of $0.65 per share, an increase of 15.5 percent to the previous dividend of $0.5625 per share. The...

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