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Railroad News

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

2 hrs ago | Pensions & Investments

Austin's Capital Metropolitan Transportation keeps Cornerstone as consultant

Capital Metropolitan Transportation Authority, Austin, Texas, rehired Cornerstone Advisors as investment consultant for its defined benefit pension plan and three 401 plans, according to a contract posted on procurement website Onvia DemandStar.

Comment?

Related Topix: Transportation, Metropolitan Transportation Authority, Austin, TX, Pension

7 hrs ago | Business Journal

Advocates of gay-rights ordinance more 'geared up'

Tony Caribaltes is an openly gay businessman in Jacksonville. He said the city's attitude toward gay people is improving.

Comment?

Related Topix: Gay/Lesbian, CSX, University of North Florida, Transgender

11 hrs ago | Patch.com

New Railroad Bridge Over Shermer Road Could be in Place by End of 2013

A new railroad bridge to replace the viaduct that collapsed in 2012 over Shermer Road could be in place by the end of the this year, under an expedited schedule recently released by Union Pacific Railroad , according to a village news release.

Comment?

Related Topix: Transportation, Union Pacific Railroad, Glenview, IL, Northbrook, IL

16 hrs ago | Business Journal

Is Kansas City Southern building steam for a sale?

With a booming Mexico-based arm and packing a sales increase of 48 percent through 2016, no railroad may be more poised to be taken over than Kansas City Southern, Bloomberg reports.

Comment?

Related Topix: Transportation, Kansas City Southern, Kansas City Southern Railway

Sun May 19, 2013

Whittier Daily News

Editorial: L.A. county should slow down on fee to limit traffic

Sometimes it seems there's a deliberate attempt by bureaucrats to use language as off-putting as possible with the purpose of creating a wall of boredom that only the most determined or demented will take the time to penetrate.

Comment?

Related Topix: Transportation, Metropolitan Transportation Authority, Culver City, CA, Los Angeles, CA, Bell, CA, Opinion

Sat May 18, 2013

Marshfield News-Herald

NTSB investigating Conn. crash that injured 70

Investigators say it's too soon to know what caused a commuter train to derail Friday, injuring 70 people when it slammed into another train heading in the opposite direction.

Comment?

Related Topix: Train Disaster, US Politics, US News, US Senate, Democrat, Senator Richard Blumenthal, Transportation, Metropolitan Transportation Authority

Seeking Alpha

Ackman Chose An Old Fox To Run Canadian Pacific Rail: Has He Got You Foxed Too?

Canadian Pacific Railway is certainly topical. The subject of activist investor Bill Ackman's 2012 reorganization and now run by Ackman-backed legendary railroader Hunter Harrison, the stock has gone nowhere but up since Harrison was put in office.

Comment?

Related Topix: Transportation, Canadian Pacific Railway

Watertown Daily Times

Gillibrand urges CSX Corp. to consider Massena for Select Site Program

The former General Motors Powertrain site here could get a marketing push through a CSX program to promote development at rail-accessible sites.

Comment?

Related Topix: CSX, Massena, NY, St Lawrence County, NY, Helena, NY, Ogdensburg, NY

Patch.com

Investigation Into Suspicious Bag Turns Up Empty

Several people were removed from a New Jersey Transit bus shortly after midnight Friday while authorities checked out a suspicious bag left in the cargo hold, police said.

Comment?

Related Topix: Transportation, New Jersey Transit, Marlboro, NJ, Monmouth County, NJ

Fri May 17, 2013

The Journal of Commerce Online

Grupo TMM Posts Bigger Year-Over-Year Loss

Grupo TMM reported a net loss of 165.6 million Mexican pesos in the first quarter of 2013, compared with a net loss of $11.3 million in the first quarter of 2012.

Comment?

Related Topix: Grupo TMM SA

National Public Radio

Injuries Reported In 'Major' Train Derailment In Connecticut

Two Metro-North Railroad trains have collided on a stretch of track near Fairfield, Conn., causing a "major derailment" and "preliminary reports of injuries," according to the Metropolitan Transportation Authority .

Comment?

Related Topix: Fairfield, CT, Transportation, Metropolitan Transportation Authority

Bloomberg

Kansas City Southern on Track for Takeover: Real M&A

The railroad is poised to boost sales by 48 percent through 2016, faster than every peer for whom estimates are available, according to data compiled by Bloomberg.

Comment?

Related Topix: Transportation, Kansas City Southern, Kansas City Southern Railway, Union Pacific, Construction, Berkshire Hathaway, Investment Services, Kansas City, MO

Business Journal

KC Southern pulls in to the S&P 500

Kansas City Southern has a new, high-visibility stop: the S&P 500 stock index. The railway company is moving up from the S&P MidCap 400.

Comment?

Related Topix: Transportation, Kansas City Southern, Kansas City Southern Railway

Brookale Public Radio

NJ Transit to unveil new rail schedules

New Jersey Transit has announced new rail schedules that will take effect next month to accommodate an Amtrak project on the Northeast Corridor.

Comment?

Related Topix: Transportation, New Jersey Transit, Metuchen, NJ

KLFY-TV Lafayette

Bridge panel, KCS remain locked up over car rates

The Vicksburg Bridge Commission and the Kansas City Southern Railway have been at odds for eight years on what the railroad will pay to run trains across the Mississippi River on the old U.S. Highway 80 bridge.

Comment?

Related Topix: Vicksburg, MS, Transportation, Kansas City Southern Railway

Thu May 16, 2013

MLive.com

Mock plane crash at Flint's Bishop International Airport gives...

Flames spilled off of the tail and wings of a mockup airplane in the parking lot of Bishop International Airport on Thursday, May 16, as medical officials practiced treating simulated plane crash victims.

Comment?

Related Topix: Train Disaster, Air Accidents, Canadian National Railway, Transportation, Genesee County, MI

Patch.com

Alexandria Tied to Tracks When it Comes to Norfolk Southern

Alexandria City Council members lamented Norfolk Southern's request to double the number of rail cars offloaded per day at its ethanol transloading facility in the West End at Tuesday night's meeting at City Hall .

Comment?

Related Topix: Transportation, Norfolk Southern, Environmental, Environmental Quality, Waste Management, Alexandria, VA

Customer Interaction Solutions

Union Pacific Corporation Declares Quarterly Dividend

The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 69 cents per share on its common stock, payable July 1, 2013, to stockholders of record May 31, 2013.

Comment?

Related Topix: Transportation, Union Pacific, Union Pacific Railroad

WTKR-TV Norfolk

Norfolk Southern extends registered exchange offer

Norfolk Southern Corporation announced that it has extended the expiration date of its offer to exchange up to $600,000,000 aggregate principal amount of its 2.903% Notes due 2023 registered under the Securities Act of 1933, as amended, for an equal amount of its privately placed 2.903% Notes due 2023 .

Comment?

Related Topix: Transportation, Norfolk Southern, St. Paul, MN

Wed May 15, 2013

Patch.com

Hoboken Commuters Invited to Air Complaints, Thoughts

On Wednesday afternoon, New Jersey Transit is hosting one of its forums at the Hoboken Terminal.

Comment?

Related Topix: Hoboken, NJ, Transportation, New Jersey Transit

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