U S Railroad News 2010-07-15 07:17:00

Railcar Owners Pull 3064 Cars Out of Storage The Journal of Commerce OnlineNorth American railcar leasing fleets, shippers and railroads pulled 3064 cars out of storage during June but still had 23.7 percent of their freight …

Electro-Motive Diesel Selects OASIS from Supply Dynamics to Help Manage Raw …PR.com (press release) The main driver of the licensing agreement is Electro-Motive Diesel’s desire to improve its cost structure by reducing what it and its outside parts …

Berks County Commissioners fund Colebrookdale spur repairs PA, Boyertown Berk Montgomery NewspapersThe 8.6-mile Colebrookdale Spur is a short line running between Pottstown and … It was purchased by the county in March 2009 from East Penn Railroad, …

CSX Corporation Declares Quarterly Dividend Trading Markets (press release) The Board of Directors of CSX Corporation (NYSE: CSX PowerRating) today approved a $0.24 per share quarterly dividend on the company’s common stock. …

Norfolk says no way to North Charleston rail deal TheDigitel Despite much pomp and celebration over a deal that would free many North Charleston’s upcoming neighborhoods from a significant amount rail traffic, …

T to give $115m boost to rail fleet Boston Globe The locomotive purchase, which was delayed for years because of cost concerns and disputes over whether the trains would be built in the United States, …

Paducah to seek grant for train renovation Lexington Herald Leader If it’s approved, the city would provide an additional $100000 and the exterior of locomotive No. 1518 and its baggage car and caboose would be refurbished. …

$9.7M released for South Toledo railyard expansion Toledo Blade By DAVID PATCH A state agency has given a green signal to a $12.3 million expansion of a Norfolk Southern Railway railyard in South Toledo, …

Saving the former East Stroudsburg railroad station will take an interventionPA, Pocono RecordThe Lackawanna Chapter of the Railroad and Historic Locomotives Society got it on the National Register of Historic Places and put it under tarp, …