Saturday, July 31, 2010

Amtrak's Maine Downeaster sets record, ME Sify Amtrak's Downeaster that runs between Portland, Maine, and Boston bounced back from a dip last summer and fall to finish the fiscal year with its best ...

Short Line Traffic Plunging Journal of Commerce Traffic from short line railroads is running dramatically behind last year's pace in the RMI RailConnect index. That gauge, reporting from 347 small ...

Special charges put RailAmerica in the red Bizjournals.com The short-line railroad operator reported a net loss of 8 cents per share compared with net income of 42 cents per diluted share, or $18.2 million, ...

Canadian National to buy back 2 million shares BusinessWeek By AP Canadian National Railway Co. said Friday that it will buy back up to two million of its shares through private agreements with a third-party seller. ...

New locomotives for VRE Washington Post (blog)Virginia Railway Express, state and local officials welcomed the first of 19 new locomotives Friday that will improve the efficiency of the commuter rail ...

Norfolk Southern Completes $21 Million Worth of Track Work in ...By Qualified EditorNORFOLK, Va., July 30 (Coal Geology)– Earlier this month, Norfolk Southern's Maintenance of Way and Structures Department completed $21 million in track, signal and bridge work in seven days on one if its primary coal lines in ...

FedBizOpps/CBD Insurance News Net (press release) LOCOMOTIVE RESTORATION BID OP. This request is for the restoration of Historic Locomotive # 278, and the option for the restoration of the Tender Tank car for #278. ...

Freight train derails in southern Iowa KSFY AP - July 30, 2010 ALBIA, Iowa (AP) - Authorities say the railroad tracks may have been a factor in the derailment of 20 cars on a Burlington ...

US House boosts fast rail to Duluth Finance and Commerce So far, the project has received $1.1 million from the Federal Railroad Administration, and the state raised $900000 in bonding to begin the environmental ...

FreightCar America gets $30M credit facility The Associated Press CHICAGO — Railcar manufacturer FreightCar America Inc. said Friday that it has entered into a senior secured revolving credit facility for $30 million. ...

Union Pacific says railroad's operations chief will retire this fall ...CanadianBusiness.comThe Omaha-based company said Friday that Dennis Duffy is retiring after 27 years at the railroad. Duffy has led the operations department since 1998, ...

Rail facility opens in Stanley ND Williston Daily Herald John Hoeven, left, sits in the conductor's seat and gets a lesson on how a BNSF train carrying oil is run by Mike Neva, BNSF load foreman. ...

Virginia makes deal with CSX to advance DC-Richmond high speed rail Washington Post (blog)Virginia and CSX Transportation have reached an agreement about how to proceed with federal stimulus spending on a new high speed rail line between ...

BNSF completes 'Chihuahuita Connection' at US-Mexico border Progressive Rail Roading BNSF Railway Co. recently completed the “Chihuahuita Connection” along the El Paso, Texas/Juarez, Mexico gateway. In conjunction with a planned grade ...

Railroad history comes alive NC Richmond County Daily Journal“We wanted to get people to reminisce about the railroad.” More than 300 artifacts were collected from people in Richmond County. All of the artifacts can't ...

Friday, July 30, 2010

07/29/2010: U.S. Transportation Secretary LaHood, Governor Doyle Sign Agreement for $46.5 Million for Wisconsin High-Speed Rail

Union Pacific RR Employees Achieve Best Ever Saftety Record ...By Nation2Nation N2NN2N / – Union Pacific Railroad employees achieved the best first half of the year safety performance in company history. For the period January 1 through June 30, Union Pacific's employee reportable injury rate was 1.31, ...

RailAmerica Loses $4.2 Million in Second Quarter Journal of Commerce RailAmerica lost $4.2 million in the second quarter of this year. RailAmerica is a major operator of short line railroads across the United States.

JTA seeks funds for 2 commuter railroad studies Florida Times-Union... said an alternative analysis is a detailed study that will determine where the stations might be put on a commuter rail line, which part of the system ...

Iowa Northern recovers from 2008 flood Agri News Sabin said assistance from Waterloo and the Union Pacific allowed the Iowa Northern to get its Waterloo bridge back open and got the railroad to the point ...

U.S. House Passes $79 Billion Funding Plan for Railways, Highway, Transit Bloomberg... railcar-manufacturer Bombardier Inc. and locomotive producer General Electric Co. The full Senate hasn't acted on its transportation spending plan. ...

Longview train station undergoing major restoration TX, KETK The depot currently serves Amtrak passenger services and is a communication site for Union Pacific Railroad. This project would allow for the full ...

Maine DOT Working on Deal to Preserve Railroads WABI The Maine Department of Transportation says it could seal a deal to preserve more than 200 miles of railroad tracks in Aroostook county in a matter of weeks ...

Take the train for a scenic ride back in time News & Observer BY KELLY STARLING LYONS On Sunday, you can board a steam or diesel locomotive at the New Hope Valley Railway and feel as if you're going back in time. ...

Thursday, July 29, 2010

Wabtec completes acquisition of rail supplier G&B BusinessWeek Railcar manufacturer Wabtec Corp. said Wednesday it has completed the acquisition of rail track and signal product supplier G&B Specialties Inc. for about ...

RailAmerica, Inc. Reports Second Quarter 2010 Results PR Newswire (press release) With the acquisition of Atlas Railroad Construction Company early in the third quarter, we expanded our presence in growing rail-related markets. ...

Simulation training helps produce better employees on America's railroads Examiner.com Since 2005, Union Pacific and BNSF Railway have used the TrainMaster solutions now part of PST. A recently developed simulation training program involving ...

American Railcar Industries, Inc. Reports Second Quarter 2010 Results MarketWatch (press release)"The railcar industry has begun to see a modest improvement in demand during 2010. Railcar orders have improved, railcar loadings have increased and ...

CN and UTU reach tentative labor agreement on DM&IR territory Trading Markets (press release) Canadian National Railway Company, or CN, has reached a tentative labor agreement with the United Transportation Union, or UTU, for UTU-represented ...

Providence and Worcester Railroad Company Announces Dividend MarketWatch (press release)WORCESTER, Mass., Jul 28, 2010 (BUSINESS WIRE) -- Providence and Worcester Railroad Company (NASDAQ: "PWX") announced that, at its regular quarterly meeting ...

Norfolk Southern's Moorman Sees Steady 2nd-Half Volume: Video Bloomberg July 28 (Bloomberg) -- Wick Moorman, chief executive officer of Norfolk Southern Co., discusses the company's second-quarter profit reported yesterday and ...

Canadian Pacific Railway Q2 Profit Rises RTT News - Canada's second largest railroad operator Canadian Pacific Railway Ltd. (CP: News ,CP.TO: News ) reported Wednesday a 23% year-over-year ...

Wednesday, July 28, 2010

Wisconsin short line rehab hits snag - Railway Track and Structures Funding has fallen through on a $15-million project to rebuild an abandoned freight-rail line from Plymouth to Sheboygan Falls, Wis., and Sheboygan County ...

KCS Net Jumps Five-Fold to $37.4 Million Journal of CommerceKansas City Southern, the smallest of North America's Class I railroads, powered back from tough recession financials to post a $37.4 million profit for the second quarter that was up 527 percent...

Norfolk Southern reports strong second-quarter earnings Virginia Business Magazine“This is our fourth straight quarter of volume growth, and we are optimistic about continued year-over-year increases in rail traffic,” CEO Wick Moorman ...

Group seeks to stall Mont. coal railroad The Associated Press A conservation group has asked the federal Surface Transportation Board to reconsider its approval of a proposed $550 million railroad that would open new ...

Railcar Market Weighs on GATX 2Q Zacks.com Earnings were disappointing due to the challenging North American railcar leasing market. Despite the improvement in absolute lease rates and fleet ...

Wabtec Q2 tops Street, ups FY 2010 earnings outlook Reuters, a US railcar parts and braking equipment maker, posted quarterly results that beat Street estimates, helped by strong sales at its freight segment, ...

BNSF Freight Train Derails KOAT Albuquerque Burlington Northern Santa Fe Railway officials said 19 BNSF cars and two locomotives derailed around 6:40 amTuesday. The incident happened about 9 miles ...

Tuesday, July 27, 2010

Denver Transit Gets $300 Million in DOT Loans The Journal of Commerce Online In the past, that account has mainly been used by short line freight railroads, with the loans often for much smaller amounts. ...

CSX's new railcar logo sign for HQ Bizjournals.com (blog) CSX Corp.'s brand logo of a rail car that you've likely seen on its TV commercials may soon to meet your gaze of the Downtown Jacksonville skyline. ...

Hornell's Alstom loses again; Amtrak job goes to CAF Hornell Evening Tribune The main Alstom facility in Hornell, where work on a contract for Amtrak would have taken place. By Tyler Briggs Work on the $298.1 million Amtrak contract ...

Kansas City Southern reopens hurricane-damaged Mexico rail lines Kansas City Business Journal After working through the weekend, Kansas City Southern has reopened lines of its Mexican rail network that had been shut down by the effects of Hurricane ...

Battle continues against rail yard Sherwood Park News The land is owned by Canadian National Railway, but is being leased to Imperial Oil, who has hired Cando Contracting to build the yard

Monday, July 26, 2010

Projects to prepare tracks for taller trains Pittsburgh Post Gazette By Jon Schmitz, Pittsburgh Post-Gazette Early next year, CSX will begin to tear up Tunnel Park at the SouthSide Works to raise the roof in the railroad ...

Intermodal Traffic Increases for Week Transport Topics Online Intermodal rail traffic grew 20.1% last week compared with a year ago, the Association of American Railroads said. Traffic totaled 227661 trailers and ...

KCS Opens Anahuac Bridge; Cross Border Traffic Resumes on Nuevo Laredo Gateway MarketWatch Rail service in northern Mexico was disrupted for all carriers as a result of Hurricane Alex, which made landfall in northeast Mexico on June 30. ...

Downeast Scenic Railroad makes inaugural run Bangor Daily News The Downeast Scenic Railroad, a four-year labor of love for dozens of rail enthusiasts, made its inaugural run Saturday for volunteers and other guests who ...

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