Friday, May 6, 2011


BNSF Logistics Provides Reverse Logistic Solutions for the US Retail Industry ...PRLog.Org (press release)Springdale, Arkansas based BNSF Logistics offers sustainable and creative logistics solutions to clients around the globe. Recently delving into the reverse logistics industry, BNSF is excited about new sustainable initiatives that they can offer ...

American Railcar Industries, Inc. Announces Engagement to Design and Develop ...GlobeNewsWire (press release)The economy and railcar market have been challenging over the last couple of years and ARI is responding to those challenges with an expanded market strategy." Under this agreement, ARI will work with Indian Railways to assess the operating conditions ...

CN boosts profit, grain handle in Q1Alberta ExpressA larger grain handle and higher grain revenue have helped boost Canadian National Railway's (CN) first-quarter bottom line. Montreal-based CN last week booked profit of $668 million on $2.084 billion in gross revenue for the three months ending March ...

Helm Financial Said to Seek $170 Million of Loans to RefinanceSan Francisco ChronicleMay 4 (Bloomberg) -- Helm Financial Corp., the railcar and locomotive leasing company owned by K1 Ventures Ltd., is seeking $170 million of loans to refinance debt, according to a person briefed on the transaction. Credit Suisse Group AG and Guggenheim ...

FreightCar America, Inc. Reports First Quarter 2011 ResultsBusiness Wire (press release)Further, we continue to evaluate strategic opportunities to expand our presence in the railcar services sector.” Whalen continued, “For both our Manufacturing and Services segments, our strict focus on factors within our control remains paramount: ...

Freight approved to return to the Northwestern Pacific RailroadNorth Bay Business JournalBy Jenna V. Loceff, Business Journal Staff Reporter NORTH BAY – The Federal Railroad Authority has partially lifted Emergency Order 21 and is allowing freight trains to run again on the Northwestern Pacific railroad. “FRA's decision is great news. ...

Illinois Nabs $186 Million in Rejected Florida Rail FundsThe Journal of Commerce OnlineIllinois has been notified by the Department of Transportation that it will get another $186 million in rail grants, coming out of $2 billion the DOT is reallocating from funds Florida rejected for a high speed passenger rail project. Gov. ...

CSX Sees Best Pretax Margin In YearsInvestor's Business DailyCSX (CSX) is the No. 1 railroad in earnings and in Sales + Profit Margins + ROE, in IBD's Stock Checkup at Investors.com. The Jacksonville, Fla.-based company grew earnings 51%, 46%, 48% and 36% in the past four quarters. Revenue rose 22%, 16%, ...

Union Pacific Joins CSX Dividend Boost as Railroads Spread CashBloombergBy Natalie Doss - Thu May 05 18:35:49 GMT 2011 Union Pacific Corp. (UNP) joined smaller peer CSX Corp. (CSX) in boosting its dividend, rewarding investors after more than a year of earnings growth across the nation's largest publicly traded railroads. ...

Koppers Holdings Inc. Reports First Quarter 2011 ResultsMarketwire (press release)This increase was due to higher sales in the Carbon Materials and Chemicals (CM&C) segment which increased 36 percent, or $62.9 million combined with higher sales in the Railroad and Utility Products (R&UP) segment that increased 22 percent, ...

BNSF Foundation Sends Donations to Assist Tornado Victims in the American SouthBusiness Wire (press release)FORT WORTH, Texas--(BUSINESS WIRE)--The BNSF Foundation (BNSF) today announced it has donated $100000 to the American Red Cross for on-going relief efforts for the tens of thousands of people affected by the tornadoes that struck several Southern ...

Helm Financial Said to Seek $170 Million of Loans to RefinanceBusinessWeekBy Emre Peker May 4 (Bloomberg) -- Helm Financial Corp., the railcar and locomotive leasing company owned by K1 Ventures Ltd., is seeking $170 million of loans to refinance debt, according to a person briefed on the transaction. ...

GE Said to Seek Bids for $3 Billion Rail-Car Leasing UnitBloomberg(GE) is seeking buyers for a rail-car leasing business with about $3 billion of assets and hired Morgan Stanley as an adviser, after a 2008 sale effort failed, two people with knowledge of the matter said. Potential bidders are likely to include ...

Indiana Transportation Museum opens its 51st season SaturdayIndianapolis StarA group of young volunteers, all teenagers, throughout the winter continued mechanical restoration of diesel locomotive No. 72, formerly a Milwaukee Road F7 model. "When fully restored, this locomotive will allow us to more easily operate multiple ...




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