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Latest Rail transport in the United States Stories

2011-11-02 08:00:00

BILLINGS, Mont., Nov. 2, 2011 /PRNewswire-USNewswire/ -- Class Counsel in Amunrud v. Sprint Communications, No. 1:10-cv-00057-RFC-CSO, announced that preliminary approval of a Proposed Settlement was granted by the United States District Court for the District of Montana. The lawsuit involves fiber-optic cable and related telecommunications equipment that has been installed in railroad Rights of Way. Persons who own or owned land next to or under railroad Rights of Way in Montana may be...

2011-10-31 11:00:00

NORFOLK, Va., Oct. 31, 2011 /PRNewswire/ -- James A. Squires, executive vice president finance and chief financial officer of Norfolk Southern Corporation, will address the Baird Industrial Conference at 1:20 p.m. CST on Wednesday, Nov. 9, 2011, in Chicago. Interested investors can listen via simultaneous webcast at http://wsw.com/webcast/baird25/nsc/. The presentation will be posted at www.nscorp.com. Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation...

2011-10-31 09:08:00

JACKSONVILLE, Fla., Oct. 31, 2011 /PRNewswire/ -- CSX (NYSE: CSX) today announced the release of a new iPhone application, ShipCSX. The application allows CSX customers to track freight shipments and trains across the CSX network. It also provides customers with specifications of rail cars such as equipment dimensions and weights. The app is a highly anticipated addition to CSX's e-commerce tools, and bolsters the company's commitment to provide reliable service to customers. "The ShipCSX...

2011-10-26 15:05:00

NORFOLK, Va., Oct. 26, 2011 /PRNewswire/ -- For 2011 vs. 2010, Norfolk Southern achieved the following records: Income from railway operations improved 26 percent to $938 million. Net income increased 24 percent to $554 million. Diluted earnings per share rose 34 percent to $1.59. The railway operating ratio improved by 2.1 percentage points to 67.5 percent. Norfolk Southern Corporation (NYSE: NSC) today reported record third-quarter net income of $554 million, 24 percent higher...

2011-10-26 09:05:00

OMAHA, Neb., Oct. 26, 2011 /PRNewswire-FirstCall/ -- Rob Knight, chief financial officer of Union Pacific Corporation (NYSE: UNP), will address the Goldman Sachs Global Industrials Conference 2011 at 2:00 p.m. ET on Wednesday, November 2, 2011 in Boston, MA. (Logo: http://photos.prnewswire.com/prnh/20110304/LA59497LOGO) Interested investors may listen to the presentation via a live Internet webcast. The audio webcast and presentation material will be available through our website at...

2011-10-25 15:02:00

MONTREAL, Oct. 25, 2011 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has authorized a new normal-course-issuer bid to purchase, for cancellation, up to 17 million, or 3.82 per cent, of the common shares issued and outstanding of the Company on Oct. 14, 2011. Approximately 444.8 million CN common shares were issued and outstanding on that date. CN recently completed its share repurchase program announced in January 2011, under which it...

2011-10-25 11:48:00

NORFOLK, Va., Oct. 25, 2011 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced the regular quarterly dividend of 43 cents per share on its common stock, payable on Dec. 10, to stockholders of record on Nov. 4. Since its inception in 1982, Norfolk Southern has paid dividends on its common stock for 117 consecutive quarters. Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies. Its Norfolk Southern Railway subsidiary operates...

2011-10-20 13:00:00

CHICAGO, IL, Oct. 20, 2011 /PRNewswire/ - CN (TSX: CNR) (NYSE: CNI) announced today that conductors and brakemen represented by the United Transportation Union (UTU) have ratified a new labor contract that will consolidate work activities in the Company's Upper Midwest region under a single collective bargaining agreement. The single agreement, covering more than 430 employees, will generate greater labor flexibility and operational efficiencies in CN's important freight corridor...

2011-10-20 07:00:00

OMAHA, Neb., Oct. 20, 2011 /PRNewswire/ -- Union Pacific Corporation (NYSE: UNP) today reported 2011 third quarter net income of $904 million, or $1.85 per diluted share, compared to $778 million, or $1.56 per diluted share, in the third quarter 2010. (Logo: http://photos.prnewswire.com/prnh/20110304/LA59497LOGO) "Union Pacific delivered top and bottom line record results in the third quarter," said Jim Young, Union Pacific chairman and chief executive officer. "We're clearly...

2011-10-19 15:08:00

WILMERDING, Pa., Oct. 19, 2011 /PRNewswire/ -- Wabtec Corporation (NYSE: WAB) has signed a $63 million contract with Denver Transit Partners to provide Positive Train Control (PTC) equipment and services for three new commuter rail lines to be built in Denver. Under the contract, Wabtec will provide a dispatch office system, wayside signaling and communications systems, and related integration and project management services. Two Wabtec divisions, Wabtec Railway Electronics and Xorail,...