Word: freights
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...drop sticks and small stones into a drain at the playground. He could do this for hours if we let him. Last week Joey took a long noodle from his bowl of soup, dragged it across the table and said, "Look, it's a train. There's the freight car." Then Nate took a noodle from his soup. He tossed it onto the ceiling...
...government grant. Not from increased tuition: the government won't let Oxford charge more than other universities, though many students (and their parents) would certainly pay it. Like other colleges, Pembroke already runs conferences and trawls for lucrative foreign students, whom the government requires to pay close to full freight...
Ward, 51, makes sure the freight trains run on time--no easy task, given his company's history of delays. As president of CSX Transportation, operator of 23,000 miles of rail in the Eastern U.S., Ward has steered the largest unit of CSX Corp. onto a steadier track by integrating assets purchased in 1999 and repairing rails that concerned regulators in 2000. CSX has just reported a profit of $65 million in the fourth quarter--up 20% over 2000, despite the recession...
Judging by the gaggle of travelers pouring onto trains over the Thanksgiving holiday, you might think that Amtrak is finally enjoying a smooth ride. But you would be wrong. Three decades after Congress created this poor stepchild from the remnants of the freight railroads' money-losing passenger business, Amtrak is closer than ever to derailing...
...Amtrak Reform Council will probably recommend that Congress create a new entity to take over Amtrak's responsibility for managing the busy, 700-mile Northeast Corridor, from Washington to Boston. The corridor is the only part of the nation's rails that Amtrak actually owns--the freight rails control the rest--and it costs $400 million to $600 million a year to maintain...