Thursday, April 8, 2010

04/07/2010: FRA Announces $50 Million Safety Technology Grant Program

Greenbrier cuts costs and takes smaller 2Q loss The Associated Press The company delivered 800 new railcar units in the second quarter, down from 1300 a year earlier. At the end of February it had a backlog of 4400 units ...

Rail deal at center of $85M bond package Bangor Daily News By Kevin Miller AUGUSTA, Maine — The proposal to have the state purchase the only major rail line serving much of northern Maine is likely to take center ...

Norfolk Southern taxes to rise $27M on health law BusinessWeekFreight railroad operator Norfolk Southern Corp. said it will take an accounting charge and expects to pay $27 million in extra taxes in the first quarter ...

GATX Corporation Announces Appointment of Vice President and Group Executive ... MarketWatch In this role, Mr. Matthews will be responsible for GATX's North American railcar maintenance operations, engineering group, railcar service centers, ...

Feds provide financial support for local rail lineCamrose CanadianThe federal contribution will be used by the co-op to acquire a short line railroad. The funding was provided under the Government of Canada's Co-operative ...

China Again Hopes to Drive US Rail Construction New York Times By KEITH BRADSHER BEIJING — Nearly 150 years after American railroads brought in thousands of Chinese laborers to build rail lines across the West, ...

Leipsic receives grant to improve rail service Putnam County Sentinel By Sara Bailey LEIPSIC - A Putnam County Village has recently learned it will receive funding for a new rail line. Ohio's Transportation Review Advisory ...

CSX furloughs 125 at Raceland shops Trading Markets (press release) Because of the lack of rail cars in need of heavy rebuild, CSX Transportation announced it no longer has heavy repair work to send to Progress Rail Services ...

Historic locomotive to make stop in Ennis Saturday Waxahachie Daily Light By PAUL GAUNTT ENNIS — Union Pacific Railroad's legendary steam locomotive – the old No. 844, will make a brief stop in Ennis at approximately 10 am ...

Banyan Rail Services Inc. Completes Reverse Stock Split Business Wire (press release) In addition, Class I rail carrier Kansas City Southern Railway Company (“KCS”) (NYSE:KSU) recently signed an agreement with Wood Energy to deliver reclaimed ...

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