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Home2010December

Month: December 2010

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Miscellaneous

GE Agreement with CSR to Invest in Rail Technologies

December 18, 2010 Railfanning.org News Wire

BEIJING — GE announced a cooperative framework agreement with CSR Corporation Limited (CSR) to establish a U.S.-based joint venture to advance high-speed and other rail technology in the U.S.

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Union Pacific

Union Pacific Railroad Opens New Office in Des Moines

December 17, 2010 Railfanning.org News Wire

OMAHA, Neb. — Union Pacific Railroad employees gathered to officially open a $2.4 million office building in Des Moines. The more-than-11,600-square-foot building replaces several outdated structures used as offices.

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Union Pacific

Union Pacific Corp. Announces Extension of Exchange Offer

December 17, 2010 Railfanning.org News Wire

OMAHA, Neb. — Union Pacific Corp. announced an extension of the offer to exchange up to $375,900,000 of its issued and outstanding 5.78 percent notes due 2040 for a like principal amount of its 5.78 percent notes due 2040, which have been registered under the Securities Act of 1933.

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Miscellaneous

L.B. Foster Completes Tender Offer for Portec Rail Products and Commences Subsequent Offering Period

December 16, 2010 Railfanning.org News Wire

PITTSBURGH — L.B. Foster Co. announced that the United States District Court for the District of Columbia signed the Hold Separate Stipulation and Order and that L.B. Foster’s direct wholly-owned subsidiary, Foster Thomas Co., has completed its cash tender offer for Portec Rail Products Inc.

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Norfolk Southern

Norfolk Southern’s ‘Train Your Brain’ Public Safety Awareness Program Heads to Ohio

December 16, 2010 Railfanning.org News Wire

It’s on to Ohio in 2011 for “Brainy” and Norfolk Southern’s “Train Your Brain” safety campaign after completing a two-year successful run in east central and northern Indiana.

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Amtrak

Amtrak Adding Weekend Service at Newark, Del.

December 16, 2010 Railfanning.org News Wire

WASHINGTON – Amtrak is adding Northeast Regional weekend stops at the station in Newark, Del., starting Dec. 17. The new schedule will include a southbound stop every Friday at 3:05 p.m. (train 133), and a northbound stop every Saturday and Sunday at 8:43 p.m. (train 182).

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Amtrak

Model Amtrak Train to Circle National Christmas Tree

December 16, 2010 Railfanning.org News Wire

WASHINGTON – Amtrak plays a significant role in connecting families during this Christmas season – the National Christmas Tree. Amtrak will have a model train circle the National Christmas Tree and is a sponsor of the event.

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Canadian Pacific

Canadian Pacific Declares Quarterly Dividend

December 16, 2010 Railfanning.org News Wire

CALGARY — The Board of Directors of Canadian Pacific Railway declared a quarterly dividend of 27 cents Canadian per share on the outstanding Common Shares.

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Amtrak

Amtrak Sets New Thanksgiving Ridership Record

December 16, 2010 Railfanning.org News Wire

WASHINGTON – The numbers are in and Amtrak had a record-breaking Thanksgiving holiday travel week carrying 704,446 passengers, up 2.7 percent over last year.

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Amtrak

High-Speed Rail Project North of Springfield Continues

December 16, 2010 Railfanning.org News Wire

CHICAGO – Improvements supporting future high-speed rail on the Chicago-St. Louis corridor north of Springfield will continue to cause the daily Amtrak Lincoln Service trains to originate and terminate in Bloomington/Normal between Dec. 16 to Dec. 23.

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