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Railroad News

Railroads news continually updated from thousands of sources around the net.

5 hrs ago | Star Tribune

Philly transit union ratifies labor pact

A labor agreement for Philadelphia transit workers has been ratified overwhelmingly by union members.

Comment?

Related Topix: Transportation, US Politics, Mary Landrieu, US News, US Senate, Democrat

9 hrs ago | Brotherhood of Locomotive Engineers a...

Opinion: New locomotives are green machines

INDIANAPOLIS, Ind. - The two newest movers and shakers in fast-growing Avon weigh in at more than 13 tons each.

Comment?

Related Topix: Indianapolis, IN, Indianapolis Metro, Transportation, CSX, Opinion

13 hrs ago | ABC News - Brian Ross

CSX Shares Slip in Premarket on Downgrade

Shares of CSX Corp. edged down in premarket trading Friday as an analyst downgraded the railroad, saying its share price has moved too high.

Comment?

Related Topix: CSX, Jacksonville Metro, Berkshire Hathaway, Insurance

17 hrs ago | ClipSyndicate

'Green' trains chug into Avon

CSX Transportation unveiled two trains called GenSet Locomotives Thursday afternoon.

Comment?

Related Topix: Transportation, Video, Environmental

22 hrs ago | Daily Record

City and CSX to repair 2 bridges

The Fort Avenue Bridge serves as the main gateway to Fort McHenry in South Baltimore.

Comment?

Related Topix: Baltimore, MD, Baltimore Metro, Transportation

Thu Nov 19, 2009

Langley Times

Train and truck collide

A pickup truck was hit by a westbound Canadian Pacific Railway coal train on Thursday afternoon, at a private crossing south of Worrell Crescent.

2 comments

Related Topix: Train Disaster, Transportation, Canadian Pacific Railway, Canada

Money Morning

SEC Filing Shows Buffett Played It Safe Ahead of His Burlington Northern Buyout

Having gone "all in" on a U.S. economic recovery with his $44 billion acquisition of Burlington Northern Santa Fe Corp.

Comment?

Related Topix: Corporate / Securities Law, Law, Securities and Exchange Commission, Burlington Northern Santa Fe, Berkshire Hathaway, Insurance, Santa Fe Energy Trust, Oil & Gas, Financial Services, Energy, Warren Buffett, Construction, Investment Services

Bloomberg.com

L.A. Mayor Pitches Obama for $9 Billion to Prevent 7 Mile-an-Hour Gridlock

Los Angeles Mayor Antonio Villaraigosa said his goal to speed up construction of 12 transit projects and ease congestion in the second-biggest U.S. city requires a oecreativea funding help from Washington.

Comment?

Related Topix: Los Angeles, CA, Transportation, Los Angeles County, CA, UC Los Angeles, North-Hollywood, CA

Wed Nov 18, 2009

MyFoxOrlando

Virgin America expands to Florida

Two-year-old airline Virgin America touched down Wednesday in Florida, marking one of its most ambitious expansion moves yet with a lavish welcoming ceremony that included Virgin Group Ltd.

Comment?

Related Topix: Florida, Transportation, Airlines, Fort Lauderdale Metro, Fort Lauderdale, FL, Miami Metro

7Online.com

MTA releases final budget proposal

The Metropolitan Transportation Authority on Wednesday released its final 2010 budget proposal and its November financial plan for 2010-2013. The approximately $11 billion 2010 budget proposal is balanced with no fare increase or reductions to scheduled service, with the help of rescue legislation enacted in Albany in May.

Comment?

Related Topix: Transportation

Miami Herald

Canadian Pacific announces $379M debt offering

Alarmed by a rise in people jumping to their deaths in front of trains, some Japanese railway operators are installing special blue lights above station platforms they hope will have a soothing effect and reduce suicides.

Comment?

Related Topix: Transportation, Canadian Pacific Railway, Securities and Exchange Commission, Corporate / Securities Law, Law, Prison, Economics News, Bankruptcy

The Globe and Mail

Montreal's missing heritage found in Calgary

Published on Wednesday, Nov. 18, 2009 12:00AM EST Last updated on Wednesday, Nov.

Comment?

Related Topix: Canada, North America, World News, Transportation, Canadian Pacific Railway,

Tue Nov 17, 2009

Seeking Alpha

What's Berkshire Hathaway's Expected Life?

Berkshire Hathaway has a lot of equity: its book value is about $125 billion. And since equity is forever, it makes sense for Berkshire to have a very long time horizon when it comes to buying assets.

Comment?

Related Topix: Berkshire Hathaway, Insurance, Construction, Investment Services, Warren Buffett, Burlington Northern Santa Fe

MyFox St. Louis

Neb. court puts Union Pacific case back on track for woman who says she got West Nile at work

Union Pacific Railroad will have to defend itself from a lawsuit by a former employee who says the company should have done a better job protecting her against West Nile virus.

1 comment

Related Topix: Health, West Nile Virus, Transportation

Lethbridge Herald

Strong earnings from Loblaw helps boost TSX; N.Y weak amid retail earnings

The Toronto stock market was higher at mid-morning Tuesday as oil prices held steady following a sharp runup and grocer Loblaw Cos.

Comment?

Related Topix: Retail, Grocery, Canadian Pacific Railway, Transportation, Financial Markets

Fox News

CSX Corp (CSX) Upgrade Alert, Watch for 7.5% Technical Uptrend Continuation

CSX Corp upgraded to Equal Weight from Underweight, $52 target, at Barclays. The stock closed yesterday at $48.22 on volume of 3,079,300 shares, below average daily volume of 5,713,440. CSX is currently above its 50-day moving average of $44.79 and above its 200-day moving average of $35.39. SmarTrend is bullish on shares of CSX and our subscribers ...

Comment?

Related Topix: CSX, Business News

Mon Nov 16, 2009

Zacks Analyst Blog

Canadian Pacific Issues Debt

Canadian Pacific Railway Company, a wholly owned subsidiary of Canadian Pacific Railway Limited , has announced a debt offering of $379 million.

Comment?

Related Topix: Transportation, Canadian Pacific Railway

ClipSyndicate

Moorman Says Buffett's Rail Investment Boosts Industry: Video

Nov. 16 -- Charles "Wick" Moorman, chief executive officer of Norfolk Southern Corp., talks with Bloomberg's Deirdre Bolton about the impact of Berkshire Hathaway Inc.'s purchase of Burlington Northern Santa Fe Corp.

Comment?

Related Topix: Transportation, Norfolk Southern, Construction, Berkshire Hathaway, Insurance, Investment Services, Business News, Video

ETF Investor

Will Financial ETFs Ride the M&A Wave Higher?

Over the past few weeks, there has been a resurgence in acquisition activity, fueling an already strong market rally.

Comment?

Related Topix: Burlington Northern Santa Fe, Construction, Investment Services, Investment Banking, Financial Services, Goldman Sachs Group

Los Angeles Times

MTA backs light rail for Crenshaw corridor

South Los Angeles has won a significant victory as transportation officials recommended this week that a proposed transit corridor along Crenshaw Boulevard be a light-rail line rather than a less expensive dedicated busway.

Comment?

Related Topix: Los Angeles, CA, Transportation, Inglewood, CA, Los Angeles County, CA

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