CHARLESTON, W.Va. — U.S. Senator Joe Manchin told MetroNews Sunday afternoon Hillary Clinton still has his support for president despite how former President Bill Clinton, Gov. Earl Ray Tomblin and Manchin himself were received in Logan County Sunday. “I’ve always had their (Bill and Hillary Clinton) ear. I’ve worked with them for 25 years. They’ve always been…
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One of the enduring ideas found in Dow Theory is that transportation companies can provide insight into the overall health of the US economy. As more goods are manufactured, more ore and coal mined, more corn farmed and cattle raised, the transport company’s business expands as they bring these goods to market. Even though we…
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CSX’s total railcars CSX Corporation (CSX) is a major operator in the Eastern US. CSX, along with Norfolk Southern (NSC), holds a virtual duopoly in that region. In the week ended April 9, 2016, CSX’s railcars, excluding coal and coke, declined by ~5%. CSX hauled ~55,000 units in the same week against 58,000 units in…
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Australian entrepreneur Craig Wright has publicly identified himself as Bitcoin creator Satoshi Nakamoto. His admission ends years of speculation about who came up with the original ideas underlying the digital cash system. Mr Wright has provided technical proof to back up his claim using coins known to be owned by Bitcoin’s creator. Prominent members…
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Total carloads for the week ending April 23 were 230,599 carloads, down 17.1% compared with the same week in 2015, while U.S. weekly intermodal volume was 261,347 containers and trailers, down 6.3% compared to 2015. Three of the 10 carload commodity groups posted an increase compared with the same week in 2015. They…
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PRESS RELEASE NUMBER: FRA 11-16CONTACT: FRA Public AffairsPHONE: (202) 493-6024SUBJECT: Positive Train ControlKEYWORDS: PTC, grant, technology, appropriationsABSTRACT: The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today announced that it is accepting applications for $25 million in competitive grant funding available to railroads, suppliers, and state and local governments for Positive Train Control…
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