Tuesday, May 3, 2011


Railroads reach tentative deal with largest unionLas Vegas SunThe UTU represents roughly one-third of all rail workers. The NCCC represents BNSF, CSX Transportation, Kansas City Southern, Norfolk Southern, Union Pacific and more than 25 other railroads in bargaining. Terms of the contract, which would be ...
CSX gives Horizon Lines $12 million breakBusiness JournalHorizon Lines Inc. said its former parent company CSX Corp. is giving it a $12 million break over the next four years on vessels it leases from the Jacksonville-based railway. Under the agreement, Charlotte, NC-based Horizon's charter hire bill will be ...

Canadian National Railway guns for potash business | ilwu46Canadian National Railway Co. is hoping efforts to improve customer service will help it crack a monopoly held by its rival, Canadian Pacific Railway Ltd., ...

Coal Helps Norfolk Southern Head NorthBarron'sCSX Corp. (CSX) (rated at Buy) has been benefitting more than Norfolk Southern in this market for the last few quarters, which has allowed CSX to generate 45%-60% incremental margins since third-quarter 2010 (Norfolk Southern operated closer to 30%-45% ...

Union Pacific Railroad Earns Eastman Chemical Company's Highest Level Supplier ...PR Newswire (press release)OMAHA, Neb., April 29, 2011 /PRNewswire-FirstCall/ -- Union Pacific Railroad received Eastman Chemical Company's Supplier Excellence Award for overall company performance, the highest level of all awards presented in the Eastman Supplier Excellence ...

Genesee & Wyoming Reports Results For The First Quarter Of 2011TheStreet.com... to the extension of the short line tax credit in the fourth quarter of 2010. ... In Canada, we have signed a rail service contract with a new iron ore ...

Rail Traffic Dips but Not To WorrySeeking AlphaTotal North American rail traffic checked in at 657K cars last week vs 651K in 2010, and 564 in 2009. Traffic has dipped for two consecutive weeks. Time to worry? No, multi-week dips are common during the year and the calendar is also having an affect. ...

Kawasaki Rail Car to invest $25 million in Westchester operationMid-Hudson NewsYONKERS – Kawasaki Rail Car, Inc. is going to invest $25 million into their Yonkers facility and retain all of its 375 workers. The company has operated its US corporate headquarters and manufacturing facility in Westchester since 1985 when the Port ...

American Railcar loss narrowsBizjournals.comAmerican Railcar Industries reported a loss of $5.3 million in the first quarter, narrower than the $7 million loss it reported in last year's quarter, the St. Louis Business Journal reports. The St. Charles-based rail car maker's revenue jumped 62 ...

Railroad spur's reopening at issueMonessen Valley IndependentJonathan M. Chastek, Wheeling and Lake Erie's economic and industrial development manager, said the railroad company is committed to growing the site. "I've marketed this site to nine different companies in the last three years. ...

RailAmerica Posts $4.1 Million 1Q ProfitThe Journal of Commerce OnlineShort line operator RailAmerica swung to a $4.1 million net gain in the first quarter ... financial reports as the rail industry continues to strengthen. ...

Railroad track relocation project kicks offBizjournals.comThe project will relocate and realign about 2.3 miles of Union Pacific railroad track to make room for an expanded Sacramento Valley Station, which will be turned into an intermodal hub that will handle Amtrak and Capitol Corridor service as well as ...

Norfolk Southern Roanoke Locomotive Shops Log 1 Million Injury-Free Employee-HoursPR-USA.net (press release)Norfolk Southern's (NYSE: NSC) Roanoke Locomotive Shops achieved 1 million injury-free employee-hours in March. The facility near downtown Roanoke, which employs about 200 people in the heavy maintenance and overhaul of the railroad's locomotive fleet, ...

ASLRRA hands out annual safety awards at San Antonio conferenceProgressive Rail RoadingYesterday, the American Short Line and Regional Railroad (ASLRRA) presented the 2010 President's Awards, Jake Awards with Distinction and Jake Awards — which honor small railroads' safety achievements — during its annual meeting in San Antonio, Texas ...

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