Monday, April 11, 2011

AAR Reports Record Gains in Weekly Carload Traffic | AAR.orgWASHINGTON, D.C. – April 7, 2011 – The Association of American Railroads (AAR) today reported record gains in rail traffic for the week ending April 2, ...

Rail traffic continues to point to a strengthening economyGerson Lehrman GroupRail traffic is like the canary in the coal mine for the economy: it sings when times are good and doesn't when they're not. Despite of the troubles in the Arab World, the catastrophe in Japan, and the budget problems facing lawmakers, the canary is ...

NC GOP abandons hope of killing high-speed railCharlotte ObserverNorth Carolina secured $461 million in federal stimulus grants last month after fighting off eleventh-hour efforts by Norfolk Southern Railway to extract new concessions -- easy terms on a federal grant for an unrelated rail project in Illinois, ...


Railroad Bridge Shut Down For RepairsYankton Daily PressDuring an inspection this week, Burlington Northern Santa Fe (BNSF) officials noticed that a pier on the bridge had shifted several inches...

Alaska Railroad reports strong revenuesSeward Phoenix LogThe theme for the 2010 Alaska Railroad annual report is "Continuous Rail," a term used for welding segments of rail together to form longer, stronger sections of rail. The theme stresses the railroad's continuity and resiliency in pursuing greater ...

Banyan Rail Services Inc. Subsidiary Enters Rail Tie Service ...Banyan Rail Services Inc (OTCBB: BARA), announced today that its wholly-owned subsidiary, The Wood Energy Group, Inc.

Bridge gets $38.5M in fundingNorthJersey.comThe American Recovery and Reinvestment Act dollars from the US Department of Transportation will fund the final design on a project to replace the bridge, which is a crucial link for North Jersey commuters who use Amtrak or take NJ Transit into New ...

AAR Urges Congress to Continue Safety Programs, Short Line Railroad Tax Credit ...Powder Bulk SolidsThe Association of American Railroads (AAR) has called on Congress to continue supporting grade crossing safety programs, tax credits that help short line railroads remain competitive, and policies that encourage public-private partnerships for rail ...

Steamtown opens for the seasonPike County CourierFor a unique view of the operations, each departure of the Scranton Limited will allow one rider in the locomotive cab for $35. Cab rides are available only to individuals ages 16 and older, and only on days that a steam locomotive is in operation; ...

GATX Corporation Sets Date for 2011 First Quarter Earnings Release and ...Business Wire (press release)GATX Corporation (NYSE:GMT) provides leasing and related services to customers operating rail, marine and other targeted assets. GATX is a leader in leasing transportation assets...

Intermodal Traffic Jumps 19.4% for WeekTransport Topics OnlineRailroad carloads excluding intermodal showed a 5.7% gain to 305905 carloads, AAR said. Railroad volume is considered an important economic indicator. Intermodal traffic, which tends to be higher-valued merchandise than bulk commodities, ...

CSX on track for higher marginsMSN MoneyBut then you talk to Michael Ward, the always-on CEO of the railroad company CSX (CSX), and you realize that the margins can still go higher and that it's even in the cards! CSX is one of the best-run companies in America. The margins went from 25% to ...

BNSF Salutes 2010 Safety Employees of the YearBusiness Wire (press release)FORT WORTH, Texas--(BUSINESS WIRE)--Seven BNSF employees were honored as 2010 Safety Employees of the year at an awards ceremony in Fort Worth, Texas April 6. “These seven employees not only have exemplary safety records, they have demonstrated ...

Union Pacific Railroad to Invest $400 Million in New Mexico Rail FacilityLogisticsWeekBy NewsDesk Union Pacific Railroad announced today that New Mexico Governor Susana Martinez signed into law a bill passed by the New Mexico Legislature granting Union Pacific...

Conn. gets $40M in hand for rail line projectBoston GlobeIt will cover some of early costs of establishing commuter rail service between New Haven, Hartford and Springfield, Mass. Planners hope it will eventually link to Vermont and Montreal. Connecticut has already earmarked $286 million for the projected ...

Work to begin on $6.8M rail projectBizjournals.comAbout 160 workers will start building a second railroad track this spring between Ballston Spa and Saratoga Springs. The extra track is aimed at relieving congestion and reducing delays between the two points, leading to faster Amtrak service and more ...

Greenbrier near breakeven in second quarterOregonLive.comThe Greenbrier Companies said it benefited from improvement in rail traffic and demand for railcars in the second quarter of its 2011 fiscal year. The Lake Oswego-based manufacturer of transportation equipment said it lost $550000, or 2 cents per ...



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