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Rail Industry News

Downeaster in recovery mode after dismal year

(Source: Portland Press Herald, August 2, 2015) PORTLAND, Maine — For the first time in four months, Downeaster trains returned to normal schedules Saturday, signaling what supporters hope will be a new era following the service’s dreadful performance over the past 15...

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Mystery of the unexploded oil train

(Source: Philadelphia Inquirer, August 2, 2015) PHILADELPHIA — A BNSF train pulled out of a terminal in North Dakota's Bakken Shale region last month, hauling 106 tank cars filled with crude oil on a westward journey to a refinery near Ferndale, Wash. It didn't get...

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Deal preserves Indy-to-Chicago passenger rail

(Source: Associated Press, August 2, 2015) INDIANAPOLIS, Ind. — Passenger rail service between Chicago and Indianapolis will be available every day under a two-year contract the Indiana Department of Transportation has signed with Amtrak and a private carrier. The...

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UP declares 3Q 2015 dividend

(Source: Union Pacific press release, July 30, 2015) 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 September 30, 2015, to shareholders of record August...

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