Atchison Topeka And Santa Fe Railway Co

The state Court of Appeal has invalidated a Southern California Rapid Transit District plan to have commercial property owners pay a small part of the construction costs for the first leg of the $3.6-billion Metro Rail subway. If the far-reaching ruling handed down Tuesday goes unchallenged, it would eliminate the benefit assessment tax districts created by the RTD to raise $130 million, about 11% of the $1.25-billion cost for Metro Rail's first 4.4 miles under downtown Los Angeles.

The engineer of an Atchison, Topeka & Santa Fe train involved in a fatal collision near Corona, Calif., last year probably was asleep when his freight train collided with another train, the National Transportation Safety Board reported Tuesday. The NTSB report surmised that the engineer was fatigued by an irregular and unpredictable work schedule.

The engineer of an Atchison, Topeka & Santa Fe train involved in a fatal collision near Corona, Calif., last year probably was asleep when his freight train collided with another train, the National Transportation Safety Board reported Tuesday. The NTSB report surmised that the engineer was fatigued by an irregular and unpredictable work schedule.

Four railway crew members were killed and two others were injured Wednesday when a westbound freight train veered into an eastbound freight before dawn, igniting a spectacular inferno, according to authorities and witnesses. The deaths occurred about 4:10 a.m. when the westbound train--for reasons that remain under investigation--left a side track and collided with the oncoming Chicago-bound freight traveling about 30 m.p.h., according to Michael A.

Four railway crew members were killed and two others were injured Wednesday when a westbound freight train veered into an eastbound freight before dawn, igniting a spectacular inferno, according to authorities and witnesses. The deaths occurred about 4:10 a.m. when the westbound train--for reasons that remain under investigation--left a side track and collided with the oncoming Chicago-bound freight traveling about 30 m.p.h., according to Michael A.

Santa Fe Pacific Corp.'s board of directors rebuffed a $3.6-billion takeover offer from Union Pacific Corp., leaving investors to choose between that bid and one by Burlington Northern Inc. Santa Fe Chairman and Chief Executive Robert Krebs said in a letter to Union Pacific that the railroad holding company's latest bid still failed to match Burlington Northern's friendly offer of $3.8 billion, or $20.40 a share, in cash and stock. Bethlehem, Pa.

After 2 1/2 years of negotiations, the Orange County Transit District has reached an agreement with the Southern Pacific railroad to buy a five-mile, 29.3-acre strip of rail line adjacent to the Santa Ana Freeway for $12,735,000. Existing tracks will be removed so that the land can be used to double the width of the freeway from six lanes to 12 lanes, with a separate transit way for buses and car pools in the median.

Santa Fe Southern Pacific Corp. has agreed to sell its Southern Pacific railroad to Rio Grande Industries for about $1.8 billion, but the deal likely won't end the bitter bidding war for the rail line, officials said today. Rio Grande, which operates the Denver and Rio Grande Railroad between Kansas City, Mo., and Colorado and Utah, said it would pay the $1.8 billion mostly in cash for the 13,000-mile Southern Pacific. But Santa Fe's largest stockholder, Henley Group Inc.

Eight cars from a San Diego-bound freight train derailed here Sunday morning, causing some minor traffic delays but no injuries, authorities said. Officials with the Atchison, Topeka and Santa Fe Railway Co., which operated the train, blamed the 6:45 a.m. accident on a broken rail. "There's not much you can do to predict broken rails. Sometimes they just happen," said company spokesman Michael Martin. "It's a rare occurence." Six of the eight derailed cars fell over on their sides.

The state Transportation Commission on Wednesday agreed to allocate $43 million in bond funds to begin buying rights of way for a 350-mile rail transit network that would link Los Angeles to four neighboring counties. The money will be used by the Los Angeles County Transportation Commission in its $450-million acquisition of Southern Pacific Railway rights of way.

The state Court of Appeal has invalidated a Southern California Rapid Transit District plan to have commercial property owners pay a small part of the construction costs for the first leg of the $3.6-billion Metro Rail subway. If the far-reaching ruling handed down Tuesday goes unchallenged, it would eliminate the benefit assessment tax districts created by the RTD to raise $130 million, about 11% of the $1.25-billion cost for Metro Rail's first 4.4 miles under downtown Los Angeles.

Three members of a train crew were injured today as they leaped into the night from their eastbound freight traveling an estimated 40 m.p.h. moments before it sideswiped a westbound train loaded with cars and trucks, authorities said. Seventeen train cars and two 200-ton locomotives derailed in the 4:08 a.m. collision between two Atchison, Topeka and Santa Fe Railway Co. trains heading in opposite directions in Yorba Linda, a company spokesman said.