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Latest News | Top Stories |
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Canadian Pacific salutes fallen soldiers
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PR Newswire
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Mon 11:11 am ET
On November 11th, network-wide, all Canadian Pacific and Dakota, Minnesota and Eastern Railroad trains will safely halt at 11AM local time, observe two minutes of respect in silence and then sound a long train whistle in tribute.
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CSXT Continues to Invest in New Technology to Drive Efficiency and a Reduction in Emissions
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PR Newswire
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Mon 10:59 am ET
CSX Transportation continues to invest in technology to make its fleet of more than 4,000 locomotives as efficient as possible.
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FreightCar America, Inc. Declares Regular Dividend
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Business Wire
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Fri Nov 6
CHICAGO----The directors of FreightCar America, Inc. have declared a regular cash dividend of $0.06 per share of common stock of the company. The dividend is payable on November 30, 2009, to shareholders of record at the close of business on November 23, 2009.
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CN executive vice-president, Sales and Marketing leaving CN
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PR Newswire
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Fri Nov 6
CN today announced that James M. Foote, CN executive vice-president, Sales and Marketing has decided to leave the Company after 14 years at CN.
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FreightCar America 3Q profit craters, to cut jobs
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AP
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Fri Nov 6
FreightCar America Inc. said Friday its third-quarter profit plunged 89 percent as railcar demand plummeted during the recession. It said it will cut additional jobs and spending given the weak outlook for the railcar market.
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FreightCar America, Inc. Reports Third Quarter 2009 Results
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Business Wire
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Fri Nov 6
CHICAGO----FreightCar America, Inc. today reported net income of $1.1 million, or $0.09 per diluted share, for the three months ended September 30, 2009 on revenues of $55.1 million.
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Trinity Industries, Inc. Announces Railcar Financing
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Business Wire
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Thu Nov 5
DALLAS----Trinity Industries, Inc. today reported that its subsidiaries, Trinity Industries Leasing Company and Trinity Rail Leasing VII LLC, have closed a railcar leasing financing in the amount of $238,262,640 with a coupon of 6.657%.
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Railcar makers benefit from BNSF news
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AP
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Tue Nov 3
The news that Warren Buffett's company is buying the nation's second-largest railroad boosted shares of the companies that make railcars, too.
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Berkshire Hathaway Inc. Board of Directors Approves 50-for-1 Split of Its Class B Common Stock
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Business Wire
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Tue Nov 3
OMAHA, Neb.----Berkshire Hathaway Inc. today announced that its Board of Directors approved a 50-for-1 split of its Class B Common Stock. The stock split is subject to the approval of Berkshire’s shareholders, who must approve an amendment to Berkshire’s certificate of incorporation to increase Berkshire’s total number of authorized shares of common stock, as well as the total number of authorized shares of Class B Common Stock, in order to permit the consummation of this split.
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Transportation and Logistics Experts Discuss Prospects For The US Rail Industry: Intermodal Transfer Key To Superior Growth Rates
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Wall Street Transcript
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Tue Oct 13
67 WALL STREET, New York - October 13, 2009 - The Wall Street Transcript has just published its Transportation & Logistics Report offering a timely review of the sector to serious investors and industry executives. This 81 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
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