Railfanning.org News Wire

LaHood Announces $2.4 Billion for High Speed Rail Projects

October 28, 2010 Railfanning.org News Wire

WASHINGTON – U.S. Transportation Secretary Ray LaHood announced that 54 high-speed rail projects in 23 states will share in $2.4 billion to continue developing America’s first nationwide program of high-speed intercity passenger rail service.

STB Announces Hearing for BNSF, Montana Dispute

October 27, 2010 Railfanning.org News Wire

WASHINGTON — The Surface Transportation Board announced it will hold a Nov. 30 oral argument in the case entitled State of Montana v. BNSF Railway Co.

CN Locomotive Engineers, Conductors in Eastern Quebec, Northeastern New Brunswick Ratify New Collective Agreement

October 27, 2010 Railfanning.org News Wire

MONTREAL — CN said locomotive engineers and conductors who work on its rail lines in eastern Quebec and northeastern New Brunswick have ratified a new collective labour agreement.

Norfolk Southern Reports Third-Quarter 2010 Results

October 27, 2010 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. reported third-quarter 2010 net income of $445 million, an increase of 47 percent, compared with $303 million for third-quarter 2009. Diluted earnings per share were $1.19, up 47 percent, compared with $0.81 per share in the third quarter of 2009.

CN Reaches Tentative Agreement With Union Representing Engineers on Northern Quebec Internal Short Line

October 27, 2010 Railfanning.org News Wire

CN announced it has reached a tentative labour agreement with the Teamsters Canada Rail Conference (TCRC) union representing locomotive engineers who work on the Company’s Northern Quebec Internal Short Line (NQISL).

Canadian Pacific Railway Announces 15 Percent Increase in Q3 Revenues

October 27, 2010 Railfanning.org News Wire

CALGARY — Canadian Pacific Railway announced a 15 percent increase in third quarter revenues with gains across most lines of business.

CN Reports Q3 Net Income

October 26, 2010 Railfanning.org News Wire

MONTREAL — CN reported its financial and operating results for the third quarter and nine-month period ended Sept. 30.

CN declares fourth-quarter 2010 dividend

October 26, 2010 Railfanning.org News Wire

MONTREAL — CN announced that its Board of Directors has approved a fourth-quarter 2010 dividend on the Company’s common shares outstanding.

Amtrak Cascades Contunues to Post Record Breaking Ridership Numbers

October 26, 2010 Railfanning.org News Wire

SEATTLE – Amtrak Cascades is having a great year with total ridership year to date – up over 13 percent from 2009.

Norfolk Southern Declares Quarterly Dividend

October 26, 2010 Railfanning.org News Wire

NORFOLK, Va. — Norfolk Southern Corp. announced the regular quarterly dividend of 36 cents per share on its common stock, payable on Dec. 10, to stockholders of record on Nov. 5.