Freight Railroads
Crash of 2 freight trains kills 1 near Pittsburgh
Mar 16, 2010 15:22 EDT
A crash between two freight trains near a U.S. Steel plant outside Pittsburgh has killed one person.
Crash of 2 freight trains kills 1 near Pittsburgh
Mar 16, 2010 15:22 EDT
2 freight trains crash near Pittsburgh-area steel plant, killing engineer. A crash between two freight trains near a U.S. Steel plant outside Pittsburgh has killed one person.
Crash of 2 freight trains kills 1 near Pittsburgh
Mar 16, 2010 11:18 EDT
2 freight trains crash near Pittsburgh; 1 dead, some diesel fuel leaked into creek. Two freight trains owned by a U.S. Steel subsidiary crashed near a Pittsburgh-area plant early Tuesday, killing one person and causing cars on one train to derail.
Union Pacific CEO seeing signs of better business
Mar 12, 2010 17:58 EST
Union Pacific CEO seeing signs of business strength, some good indications for economy. The CEO of Union Pacific said Friday that shipments carried by the nation's biggest railroad are stronger than expected this year, but are still a long way from full recovery.
Buffett's salary unchanged, but security costs up
Mar 10, 2010 16:38 EST
Warren Buffett still gets $100K salary at Berkshire Hathaway, but security costs grow to $345K. Warren Buffett brought home less pay than Berkshire Hathaway's chief financial officer again last year, but the company is paying more to protect the billionaire these days.
Eurotunnel turns profit despite crisis, fire
Mar 09, 2010 02:11 EST
Eurotunnel turned in a slight profit last year despite the effects of the global economic crisis and a fire within the link that connects Britain and France, it said on Tuesday.
Eurotunnel turns profit despite crisis, fire
Mar 09, 2010 02:04 EST
Eurotunnel, the company that manages the tunnel link between Britain and France, turned in a slight profit last year despite the effects of the global economic crisis and a fire, it said on Tuesday.
5 freight train cars derail in Philly; none hurt
Mar 09, 2010 00:09 EST
5 CSX train cars derail in Philly but remain upright; none hurt, no hazardous materials leak. Authorities say five cars on a freight train derailed in downtown Philadelphia, but none tipped over and there were no injuries or hazardous materials involved.
Major rock slide closes I-70 in western Colorado
Mar 08, 2010 14:11 EST
Rock slide closes I-70 in western Colorado; huge boulders litter road, leave holes in bridge. A rock slide punched gaping holes in a bridge and left huge boulders on Interstate 70, closing a 17-mile stretch of the highway in western Colorado.
Norfolk Southern CEO makes $10.9 million in 2009
Mar 05, 2010 17:21 EST
Norfolk Southern CEO 2009 compensation falls 9 percent to $10.9 million. The CEO of Norfolk Southern Corp. received $10.9 million in compensation for 2009, 9 percent less than the prior year as the railroad operator grappled with the economic downturn, according to an Associated Press analysis of a regulatory filing Friday.
Paper gains drive Berkshire's profit skyward
Feb 27, 2010 17:28 EST
Buffett's Berkshire Hathaway reports big jump in 4Q profit on unrealized investment gains. Berkshire Hathaway Inc.'s fourth-quarter profit bounced back sharply, thanks largely to an unrealized $1 billion gain on derivative contracts and investments.
Ca. fire from derailed train out, evacuations over
Feb 22, 2010 00:34 EST
Stubborn fire from derailed central California train out, evacuation orders for 7 homes lifted. Firefighters late Sunday put out a stubborn fire sparked by a freight train derailment in central California, allowing residents evacuated because of a toxic cloud to return home, officials said.
Ca. train derails, toxic cloud forces evacuations
Feb 21, 2010 21:47 EST
Train derails near Bakersfield, toxic cloud forces evacuations as stubborn blaze continues. Several homes in central California remained evacuated Sunday after the car of a freight train that derailed at a tunnel entrance near a small town burned and choked the area with thick, black smoke.
Train derails, toxic cloud forces evacuations
Feb 21, 2010 16:29 EST
Train derails near Bakersfield, toxic cloud forces evacuations. Several California homes remained evacuated Sunday after the car of a freight train that derailed near a small town burned and choked the area with thick, black smoke.
22 freight cars derail in Texas; no injuries
Feb 18, 2010 11:54 EST
22 freight cars derail in Texas, leak causes brief evacuation; no injuries reported. Authorities say 22 freight cars derailed in southeast Texas and caused a brief evacuation after a nonhazardous substance leaked. No injuries were reported.
Berkshire completes acquisition of BNSF railroad
Feb 12, 2010 18:16 EST
Buffett's Berkshire Hathaway completes BNSF railroad deal for nearly $27B in cash and stock. Warren Buffett's company completed its largest acquisition ever Friday when it bought Burlington Northern Santa Fe Corp.
Buffett unbound: Berkshire buys BNSF, joins S&P 500
Feb 12, 2010 16:56 EST
NEW YORK (Reuters) - Warren Buffett's train has left the station, and millions of investors are joining him for the ride.
Burlington shareholders approve sale to Berkshire
Feb 11, 2010 14:16 EST
Burlington shareholders approve $26.3 billion sale to Warren Buffett's Berkshire Hathaway. Burlington Northern Santa Fe Corp. shareholders have approved the railroad's sale to Warren Buffett's Berkshire Hathaway, paving the way for the Oracle of Omaha to complete his biggest acquisition yet.
Berkshire set to buy Burlington Northern after shareholder OK
Feb 11, 2010 11:43 EST
NEW YORK (Reuters) - Burlington Northern Santa Fe Corp <BNI.N> shareholders approved the No. 2 U.S. railroad company's takeover by Berkshire Hathaway Inc <BRKa.N> <BRKb.N>, clearing the way for the largest acquisition of billionaire investor Warren Buffett to be completed on Friday.
RailAmerica: Jan. freight carloads rose 4.6 pct
Feb 10, 2010 17:50 EST
RailAmerica says January freight carloads rose 4.6 percent. RailAmerica Inc. said on Wednesday that its January freight carloads rose 4.6 percent to 67,444 from a year earlier.
