Wednesday, January 28, 2009

Olmsted County takes first steps to create rail authorityAgri News, MN - Jan 27, 2009... their mistrust for how the county would wield powers such as the ability to tax up to an additional $6 million per year for railroad development. ...

Watco CEO to testify in Washington todayPittsburg Morning Sun - Pittsburg,KS,USA America’s 500 short lines operate nearly 50000 miles of track, or almost one third of the national railroad network. In some areas the short line is the ...

Port can't sell shares in rail lineCoos Bay World - Coos Bay,OR,USA I would love to help buy the Coos Bay rail line. Answer: No, it’s not possible. The Port of Coos Bay is attempting to purchase the railroad through the US ...

CP sees light down the trackFinancial Post - Toronto,Ontario,Canada While the outlook for 2009 is somewhat hazy at Canadian Pacific Railway Ltd., early indicators suggest the worst may be behind it. ...

Norfolk Southern gets a lift from coalMarketWatch - USABy Jim Jelter, MarketWatch SAN FRANCISCO (MarketWatch) - The Norfolk Southern Corp. reported a 13% higher fourth-quarter profit Tuesday, with gains in its ...

CSX terminal gets competition before it opensThe Ledger - Lakeland,FL,USA We're all aware of the pending plans for the CSX rail freight terminal in Winter Haven that will transfer rail freight to trucks to take to customers all ...

Scott County votes to talk to railroad about old corridorMinneapolis Star Tribune - Minneapolis,MN,USA The hope is that the Union Pacific railroad, which wants to walk away from the 5.6-mile spur, can be talked into covering more than $2 million of that ...

Not rushing into railroad buildingGreenville News - Greenville,SC,USA The US Department of Transportation has released a study that looks at fast trains potentially running four times a day between Charlotte and Atlanta, ...

Arizona land development to include inland intermodal portProgressive Rail Roading - Milwaukee,WI,USA The land to be developed includes an existing rail spur that’s operated by the Salt River Project coal-fired plant and connects to BNSF Railway Co.’s lines. ...

Norfolk Southern opens faster route to FloridaForbes - NY,USAAP , 01.27.09, 04:34 PM EST Railroad operator Norfolk Southern Corp. said it has opened a new route for shipments transferring between trucks and trains ...

Burlington Northern Santa Fe: All Aboard One of the Best RailroadsSeeking Alpha - New York,NY,USAIt’s no longer a secret that Warren Buffett has been buying Burlington Northern Santa Fe (BNI) with some degree of enthusiasm. In total, Berkshire Hathaway ...

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