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Railroad News Archive16-Mar-2009
- 'Railroad Bailout May Offer a Model for Detroit (New York Times)
When Northeastern railroads faltered in the 1970s, the federal government ran them until they recovered.
- 'Railroad Bailout May Offer a Model for Detroit (New York Times)
As General Motors and Chrysler struggle to remain solvent, the railroad bailout of a generation ago could offer a template to the Obama administration ? one in which the federal government would run the auto companies until they are back on their feet, The New York Times?s Louis Uchitelle reported.
- 'Illinois 159 railroad crossing malfunction delays motorists (Belleville News-Democrat)
BELLEVILLE -- A railroad crossing on Illinois 159 between Main Street and South Belt West apparently was malfunctioning Monday afternoon, stalling traffic on both sides of the crossing.
- 'Friends seek to restore Bonine House as Underground Railroad symbol (Niles Daily Star)
A committee exploring rescue and restoration of the Bonine house as an historical symbol of Underground Railroad freedom met Friday afternoon at The Museum at Southwestern Michigan College to shape a public presentation they will be making in the same Upton room from 6:30 to 8 p.m. on Wednesday, April 29.
- 'A new railroad in town (Journal Inquirer)
There?s about to be a new freight railroad in Connecticut and much of the rest of New England.
- 'Railroad Stocks Moving Further Off Recent Lows With Strong Gains (Nasdaq)
(RTTNews) - While the major averages are turning in a mixed performance in late morning trading on Monday, railroad stocks are seeing significant strength, moving further off their recent lows.
- 'Ticket sales up as scenic railroad gears up for season (Cumberland Times-News)
Spring is near and the Western Maryland Scenic Railroad board is gearing up for the 2009 season.
- 'BNSF CEO receives compensation valued at $14.6M (AP via Yahoo! News)
The chief executive of the country's second-largest railroad received total compensation valued at $14.6 million in 2008, a 16 percent increase from the year before, according to a proxy statement filed Monday with the Securities and Exchange Commission.
- 'The last run: Railroad's first female engineer ends 34-year career (The Pantagraph)
Using a flashlight to guide her way on a cold, moonless Saturday night, locomotive engineer Kathy Guy of Pekin walks away from the train she has just parked in the Crescent yards south of Pekin. | Photo gallery
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