Thursday, February 18, 2010

A lot of grant award announcements today...

L. B. Foster Company to Acquire Portec Rail Products PR Newswire (press release)... transit, shortline and regional railroads and contractors in North America, as well as to governmental agencies and rail contractors globally. ...

Transportation secretary awards $50 million to KC area Kansas City Star Notable projects that were not funded included BNSF Railway's massive rail hub proposed for southwest Johnson County. BNSF had hoped to secure $50 million ...

Koppers Holdings Inc. Reports Fourth Quarter 2009 Results CNNMoney.com (press release)Sales for Carbon Materials and Chemicals (CM&C) decreased by 27% or $237 million over the prior year, while sales for Railroad and Utility Products (R&UP) ...

RMI Receives Union Pacific Railroad's Partnership Award Press ...By Business Wire ATLANTA--(BUSINESS WIRE)-- RMI, the largest independent provider of comprehensive rail information services to the transportation industry, has been awarded Union Pacific's Partner.

Barbour announces $20M railroad grant WXVT... stimulus money through the US Department of Transportation will partly fund improvements along 67.5 miles of Kansas City Southern Railroad track. ...

Trinity Industries, Inc. Reports Fourth Quarter and Full Year Results MarketWatch (press release)During the fourth quarter, the Railcar Leasing and Management Services Group reported revenues of $87.1 million and operating profit of $30.8 million. ...

Chicago rail projects getting a $100 million federal boost Chicago Tribune That's good news for frustrated Metra and Amtrak passengers, harried motorists and anxious shippers who are victims of affected by snarled freight train ...

McCalla rail facility to get $105M federal grant Birmingham Business Journal Norfolk Southern's intermodal facilities in McCalla and Memphis, Tenn., are expected to get a $105 million boost from federal stimulus funds. ...

Short Line Railroad Project Awarded More than $17.5 Million ...By melissa Governor Steve Beshear announced that a project to rehabilitate short line railroads and create 100 jobs has been awarded a more than $17.5 million federal Transportation Investment Generating Economic Recovery (Tiger) grant, ...

RJ Corman Railroad to get $17.5 million federal grantLexington Herald LeaderThis is great news," said Noel Rush, vice president of strategic planning and development for RJ Corman Railroad g Group, based in Nicholasville. ...

W.Va. to get $34.7M for 2 rail projects phillyBurbs.com The short-rail project involves rehabilitating five unconnected short-line railroads in West Virginia, Kentucky and Tennessee.

South Carolina Public Railways Selects RMI's RailConnect Transportation ...Earthtimes (press release)SCPR is an excellent example of how our short line railroads can provide 'large railroad' services to their customers.” RMI is a leading independent ...

Norfolk Southern gets $105M TIGER grant for Crescent Corridor Bizjournals.com Under the American Recovery and Reinvestment Act of 2009, the grant gives money to the railroad to improve its rail lines and facilities between the Gulf ...

CSX gets $98M stimulus rail grant Bizjournals.com The National Gateway corridor, a CSX Corp. freight railroad project that calls for construction of a new Pittsburgh terminal, nabbed $98 million in stimulus ...

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