Railroad stocks down as labor deadline nears
BusinessWeek - 21 hours ago
Shares of major freight railroads fell in afternoon trading Friday ahead of the weekend deadline for a presidential board to propose a settlement of labor talks between the industry and unions. Separately, a federal agency deferred a ruling on a ...
UP only 'revenue adequate' Class I in 2010, STB says
Progressive Rail Roading - Nov 4, 2011
Yesterday, the Surface Transportation Board (STB) issued a decision on the Class Is' revenue adequacy for 2010 that found only Union Pacific Railroad was "revenue adequate" in the calendar year. The board determined that all other Class Is were ...
STB Says Only UP Posted Adequate Revenue in 2010
The Journal of Commerce Online - Nov 3, 2011
The US agency that regulates economic issues between railroads and shippers says Union Pacific Railroad was the only major carrier that pulled in sufficient revenue in 2010. That's the result of the latest annual “revenue adequacy” calculations by the ...
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