Wednesday, January 26, 2011

CSX to Invest $2 Billion to Strengthen Its Rail NetworkPR Newswire (press release)25, 2011 /PRNewswire/ -- CSX Corporation will invest $2 billion to increase the quality, flexibility and capacity of its rail network, the company announced ...

Slide triggers more Amtrak cancellationsBCLocalNewsBy Alex Browne - Peace Arch News The Ocean Park Bluff has failed for the sixth time this winter, dumping mud and trees on the BNSF line and causing a ...

Union Pacific Boosted by Growing West Coast Port Traffic: Freight MarketsBloombergUnion Pacific, the largest US railroad by sales in 2009, reported fourth-quarter profit that rose 41 percent to $775 million. Net income increased to $1.56 ...

CSX Profit Jumps 42 Percent to $430 Million Journal of CommerceThe results, building on Union Pacific Railroad's earlier report of record returns, are part of what is shaping up as a banner year for the railroads, and the companies are signaling new investment to take advantage of the growing ...

Kansas City Southern, railroads are full steam ahead on hiringBizjournals.comKansas City Southern (NYSE: KSU) is on board with the trend and expects to hire 264 train conductors at 18 locations in the company's US network this year, ...

Possible deal for CNR but CPR still in talksVancouver SunHowever, talks involving 2100 Canadian Pacific Railway workers, who voted in favour of giving their union a strike mandate, are continuing. ...

Canadian National Railway 4Q net income fallsBloombergBy AP NEW YORK (AP) — Canadian National Railway Co. said Tuesday its fourth-quarter net income fell as fuel costs surged 24 percent. ...

Norfolk Southern profits rise, sees stronger 2011ReutersBy Lynn Adler NEW YORK, Jan 25 (Reuters) - US railroad Norfolk Southern Corp (NSC.N) said fourth-quarter net income rose 31 percent from a year ago and ...

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