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Rail Industry News

Bill Gates ups stake in CN to almost 14 percent

(Source: BNN.ca, August 17, 2015) OTTAWA — Bill Gates has increased his overall investment in Canadian National Railway Co. to 13.83 percent. The world’s richest man and Microsoft founder purchased 1,077,175 shares in Canada’s largest railway between July 31 and Aug....

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Airgas workers join Teamsters

(Source: International Brotherhood of Teamsters press release, August 25, 2015) LAKE SUCCESS, N.Y. — Drivers, plant operators and fillers at the Airgas facility in Islandia, N.Y., have voted to join Teamsters Local 282. The successful effort was the culmination of...

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Critics take aim at U.S. crude by rail plans

(Source: Canadian Press, August 24, 2015) OTTAWA — To crude producers hankering for a route to market while pipeline proposals stall, a bevy of crude-by-rail projects planned on the U.S. West Coast may look enticing. But efforts to connect trainloads of crude to...

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Railroad bridge collapses near Little Sioux, Iowa

(Source: Television station KTIV, August 20, 2015) LITTLE SIOUX, Iowa — Crews are working to repair a railroad bridge near Little Sioux, Iowa. A spokesperson for Union Pacific says it happened near K45 and 125 street Wednesday afternoon. Full story: www.ktiv.com

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