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BNSF Reports All-Time Record Quarterly Earnings
Burlington Northern Santa Fe Corporation reported all-time record quarterly earnings of $0.91 per share, a 49 percent increase over fourth- quarter 2003 earnings of $0.61 per share. 'BNSF' Officially the New Railroad Co. NameNew corporate and railway subsidiary logos and a new name for its railway subsidiary UPRR Reopens Storm-Ravaged LinesUnion Pacific announced that it reopened its California "Coast Line" and Nevada's Caliente line, a rugged desert canyon line northeast of Las Vegas. Traffic on these lines will be limited for a short period as final work is completed. CSXT Asbestos Suit Gets Setback from Supreme CourtThe state Supreme Court has dealt a setback to four plaintiffs suing CSX Transportation Inc. in a case involving people who said they suffered asbestos-related illnesses from breathing fumes from the work clothes of employees of the railroad. CN Manitoba Derailment Damaged New AutosCrews are investigating a Canadian National Railway derailment that left several vehicles strewn across the tracks in eastern Manitoba Sunday morning. NS Expects First-Quarter Hit of $30-40M From SC DerailmentNorfolk Southern Corporation said it expects the first quarter 2005 to reflect expenses in the range of $30 to $40 million (pretax) relating to the Jan. 6 derailment at Graniteville, S.C. UPRR Fourth Quarter Profits See a FallUnion Pacific Corporation reported 2004 fourth quarter income from continuing operations of $79 million, or $0.30 per diluted share compared to $333 million, or $1.28 per diluted share in the fourth quarter of 2003. B&ML May Get Evicted from Belfast, ME WaterfrontThe city that built the Belfast & Moosehead Lake Railroad and ran it for 120 years may soon give it the boot out of town. Amtrak Moves Superliners to Missouri for WinterFor travelers by train across the heart of Missouri the next couple of months, the Missouri River and its adjacent bluffs will be easier to see sitting atop Amtrak's Superliner coaches. MNCR Fare Hikes Upset Riders Who Expect MoreMetro-North Railroad commuter Mitchell Fuchs thinks he shouldn't pay the same fares as New York riders until he gets the same service. PA Eyes Various Commuter Rail Route ProposalsThe political clout of politicians from Altoona and Johnstown could bring commuter rail service to Pittsburgh, Pennsylvania. NCDT Could Require as Much as $14M Annually to Run RailroadMaintaining an aging rail line between Orange County, California, and downtown San Diego over the next 15 years will require spending as much as $14 million a year, North County Transit District officials said Friday. NS, Tank Car Manufacturers and Local Crew Named in LawsuitsMotley Rice LLC and W. Mullins McLeod, Jr., today announced that they have filed a lawsuit seeking relief for persons with property damage resulting from the Graniteville train disaster. GSMR Receives FRA Direct Load for Line RehabA short line railroad located in the Great Smoky Mountains National Park in far western North Carolina is receiving a $7.5 million direct loan from the Federal Railroad Administration (FRA) to rehabilitate its infrastructure and maintain its economic importance to the region. Tioga Central Railroad Funds Missing; President FiredShareholders of Tioga Central Railroad have reported that in excess of $72,000 in revenues is missing for the period from February 2004 to November 2004, according to state police in Mansfield. NS Locomotive Fire Halted Train in Osceola, INA faulty fuel system produced a scary moment for the crew of a Norfolk Southern freight train early Friday, when spilled diesel fuel caught fire in a locomotive's engine compartment in Osceola, Indiana. BNSF Pair of Derailments Without InjuriesBurlington Northern Santa Fe Railroad employees worked Friday to clean up the mess after Thursday's derailment of 33 railcars loaded with coal. ONR Derailment Should be Cleared TodayOntario Northland Railway train X45031-20 derailed early Thursday morning, January 20, blocking the railroad's Temagami Subidivision. Amtrak Thames River Bascule Stuck in Closed PositionThe aging Thames River Amtrak railroad bridge has been stuck in the down position for a week, preventing some marine traffic from passage on the Thames River in Connecticut. BNSF, UPRR Pursue Damages in Collision with VehicleUnion Pacific and Burlington Northern Santa Fe railroad officials say they will pursue payment of damages from a man who attempted to take his life by driving his car in front of a train in December. CSXT Moving Port Huron, MI Rail Yard SouthCSX Transportation is looking to relocate its Port Huron, Michigan, railroad yard to St. Clair Township. It also hopes to construct a new building near the city of St. Clair's industrial park. Ohio River Terminals Co. RR Paints Loco in University SchemeOhio River Terminals Co. Railroad in Huntington, West Virginia, has been a neighbor of Marshall University for more than 80 years. And its manager, Otis "Ott" Adkins, describes himself as a big Marshall fan. Quebec Central Sale Prompts New Interest from LocalsCommunity leaders south of Quebec City are trying to stop the sale of a private rail line to American investors. UPRR Customer Chimes in on Weather DelaysA weather-related embargo on intermodal freight moving to California -- imposed on selected rail corridors by the nation's largest railroad -- is posing challenges to customers and their service providers. Ann Arbor Railroad Honored at CMUThough the golden age of railroads faded long ago, one Michigan rail line, the world Amtrak Halts Trains in D.C. Following Derailment at Union StationAmtrak halted passenger trains in and out of Washington this morning because a derailment near Union Station blocked the tracks, about a mile away from President George W. Bush's Inauguration Day ceremonies. NECR Derailment Cleared, Freight and Amtrak RunningRail service has been restored in the Connecticut River Valley after five train cars derailed in Bellows Falls, Vermont, on Sunday. CN South Bend Sub Derailment Cleared by Wed. PMRail traffic resumed and cleanup efforts continued today after Canadian National Railway train E20131-17 derailed in southwest Michigan Tuesday evening. Altoona Railroaders Memorial Museum Unveils Call BoardFor anyone who has ever wanted more information on how his or her relative served in the railroad industry the search will not have to go beyond the home PC. CPR, Fording Agree to Mediation in Coal Rate DisputeFording Canadian Coal Trust and Canadian Pacific Railway announced that Elk Valley Coal and CPR have agreed to engage in a mediation process, beginning Jan. 20. |