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Rail Industry News

UP declares 2Q 2016 dividend

(Source: Union Pacific press release, May 12, 2016) OMAHA, Neb. — The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 55 cents per share on the company's common stock, payable June 30, 2016, to shareholders of record May 31, 2016....

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BNSF stores locomotives in Willmar, Minn.

(Source: West Central Tribune, May 12, 2016) WILLMAR, Minn. — It is not out of the ordinary to see long trains in Willmar, some with more than one engine. However, lately there looks to be one huge train made exclusively of locomotives stopped at the train yard. Full...

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Opinion: The case for rail to transport oil

(Source: Toronto Sun opinion column by Randy Meyer, May 13, 2016) TORONTO — There has been a lot of discussion by industry analysts, governments and their agencies and the public about rail versus pipeline safety for transporting crude oil. On balance, the perception...

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