June, 2009 - jstagl - Editors' Posts - MyProgressiveRailroading

June, 2009

Editors' Posts

Editors' Posts
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  • BNSF's Rose: Economy has leveled off, but expect a slow recovery

    • 1 Comments
    The U.S. economy has reached the bottom-out point, but a recovery likely will be a drawn-out affair. So said BNSF Railway Co. Chairman, President and CEO Matt Rose recently at the National Summit in Detroit, according to a Reuters article. "It appears...
  • Florida utility a welcome boost to CSXT's coal business

    • 2 Comments
    Lower demand for electricity and higher coal stockpiles are hampering U.S. railroads’ coal traffic. In May, their coal carloads fell 15.8 percent year over year, according to the AAR. But Tampa Electric Co.’s (TECO) plan to receive coal by...
  • Not enough anti-CN/EJ&E resolve to drive home Illinois resolutions

    • 4 Comments
    The Illinois General Assembly recently passed two resolutions that could change the way railroad transactions (mostly mergers) are reviewed and approved by the Surface Transportation Board (STB). At least that’s what some anti-CN/EJ&E folks...