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On stock prices c. 1908

The Oct. 9, 1908 NYT reports on the prices from the Philadelphia Stock Exchange: A sampling of firms, volume, and closing prices (with prices in 2007 dollars in brackets). Union Pacific: 20 shares, $161.25 [$3,748.19] Bell Telephone: 2 shares, $98.50 [$2289.14] Lehigh Navigation: 30 shares, $90.5 [$2103.22] Reading (Railroad): 10,490 shares, $64.56 [$1500.37] U.S. Steel: 8,765 shares, $46 [$1069.04]...

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Warren Buffett Sells Put Option on Burlington Northern Santa Fe, Berkshire Hathaway Filing Reveals

Warren Buffett is selling puts on Burlington Northern Santa Fe ( BNI ), a filing of Berkshire Hathaway revealed today. As of Oct. 6, Warren Buffett sold 1,309,524 shares of put options on Burlington Northern Santa Fe ( BNI ) at $7.02 an option, exercisable before 12/08/2008, with a strike price of $80 a share. As BNI stock prices declines to where Warren Buffett bought them last year, it seems that...

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Burlington, Union Pacific vow automated stops by 2012

In the wake of last month's fatal Metrolink collision, the region's two freight train companies announced Wednesday that they will put automated systems in the Los Angeles area to stop trains before they crash by 2012.

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Sante Fe Corp., other railroad companies partner on train safety standards

Burlington Northern Santa Fe Corp. and two other major railroad companies have inked an agreement that’s expected to create compatible interoperability standards for the railways’ Positive Train Control technology. (UNP) (NSC)

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Union Pacific Initiates Aggressive Positive Train Control Implementation Plan for Commuter Lines in the Los Angeles Area by 2012

OMAHA, Neb.--(BUSINESS WIRE)--Union Pacific Corporation (NYSE: UNP) announced today that it has developed an implementation plan that should deliver Positive Train Control (PTC) technology

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Freight railroads pledge to install advanced safety measures by 2012

The rail lines are Burlington Northern Santa Fe and Union Pacific, which share tracks with Metrolink. Dianne Feinstein makes the announcement at a state Senate rail safety hearing. Sen. Dianne Feinstein said today that the two freight railroads sharing track with Metrolink commuter trains have pledged to install advanced safety measures three years sooner than a new federal law requires.

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Reflective markings at the Union Pacific M-19A Diesel Shop. Chicago Illinois USA. November 2006.

I took this photo after work one evening, in November of 2006. We are looking north from West Kinzie Street at the Union Pacific Railroads M-19A Diesel Shop. This view showcases the reflective industry standard markings used today for safety reasons.

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2009 Acura CSX Type-S Spotted On Canadian Dealer Lot [2009 Acura CSX Type-S]

For quite a while now, Canadians have had an option their neighbors to the south have not had when buying compact cars — an Acura version of the dutiful Honda Civic. That option continues on with the power-plenum enhanced 2009 Acura CSX Type-S, here spotted fresh off the truck, still wearing transit booties. The $34,000C Type-S gets an impressive list of standard features and a rather sporty set of...

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Northbound CSX Transportation Company transfer train. Alsip Illinois USA. May 2007.

I took this photograph looking north on South kostner Avenue, in south suburban Alsip Illinois. A northbound CSX train is seen passing through the village of Alsip Illinois over the Indiana Harbor Belt Railroad. The train is seen passing the railroad crossing on South Kostner Avenue near 119th Street.

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Developer wants to bury toxic dirt at Curtis Park railyard site

Toxic contamination under the old Curtis Park railyard has proved so widespread and expensive to dig up that developer Paul Petrovich now proposes to bury much of it on site rather than ship it away. A light-rail train departs Sacramento City College, at the western border of the Union Pacific railyard in Curtis Park on Monday. Developer Paul Petrovich plans to turn the railyard into a residential...

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KCS Receives Stockholder Approval of 2008 Stock Option and Performance Award Plan

KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE:KSU) announced today that its stockholders, on an affirmative vote of over 90% of the shares voted at today's special

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Lawyers Circle California Metrolink Crash

The LA Times reports that plaintiffs' lawyers have aggressively pursued victims of the Metrolink crash: In the weeks since Metrolink Train 111 crashed head-on with a Union Pacific freight train in Chatsworth, killing 25 and injuring at least 130 others,...