Former Conrail executive is out as president of CSX

Article Abstract:

Ronald J. Conway was removed as president of CSX Corp. due to falling stock prices and rising customer frustration.

Executive changes & profiles, CSX

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Amtrak asks for aid over 20 years

Article Abstract:

Amtrak asked for assistance from Congress and the Bush administration to invest $1.5 billion annually for 20 years to provide better and faster train service.

Government domestic functions, Capital expenditures, Pennsylvania, Amtrak Rail Services

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Jobs born as Conrail dies

Article Abstract:

Conrail's proposed $10.3-billion joint purchase and division by Norfolk Southern and CSX is projected to be endorsed by federal regulators. Norfolk Southern and CSX are expectant of an increase in business activity and are in the process of hiring 3,100 new members of its crew staff. The two railroads also asserted that different types of workers are attracted to their job offerings due to railroading lore and promised annual compensation of $60,000 to $40,000.

Comment:

Has its proposed $10.3-bil jt purchase & division of Conrail projected to be endorsed by federal regulators

Asset sales & divestitures, Acquisitions & mergers, Line-Haul Railroads, Railroad Freight Operations, Rail freight, Norfolk Southern Corp., Consolidated Rail Corp., Article

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