U S Railroad News 2010-09-09 06:47:00

FreightCar to acquire DTE Rail Services for $23.2M BusinessWeek FreightCar America Inc., which builds railroad freight cars, said Tuesday it has signed a definitive agreement to buy DTE Rail Services for $23.2 million in …

Rail traffic is up, but it’s no barn burner Gerson Lehrman Group For CSX and Norfolk Southern, the comparisons to last year and the most recent quarter are less encouraging. CSX third quarter carload traffic is up 5% over …

Company Begins Tearing Up Tracks CA Valley Voice By Miles Shuper Visalia – RailAmerica and San Joaquin Valley Railroad officials … are on based on keeping their short line operations financially viable. …

State directs $8 million to rail project OR South County SpotlightThat means it may take several months before for the project is set to begin. Nonetheless, Johnson said she expects the state’s private partners to sign the …

State, BNSF sign rail upgrade pact WA TheNewsTribune.com (blog)Washington State’s Department of Transportation and BNSF Railway have signed an agreement designed to improve the frequency and reliability of passenger …

Union Pacific, CPD promote railroad safety Log Cabin Democrat By Stephanie Fischer The Union Pacific Police, along with the Conway Police Department, teamed up Wednesday morning to promote railroad safety throughout …

CSX’s Munoz Says Shipping Demand Holding Up in Most Markets BloombergUnion Pacific Corp., based in Omaha, Nebraska, is the largest US railroad by market capitalization. Burlington Northern Santa Fe LLC was acquired by Warren …

Virginia Beach nears a deal for old Norfolk Southern rail line The Virginian-PilotAlternatives, such as a bus rapid transit system on the line, would be temporarily allowed as long as light rail remains the long-term goal, city attorney …

CN, CP rail volumes full steam ahead Financial PostWith five weeks left in the third quarter, carloads at Canadian National Railway Co. and Canadian Pacific Railway Ltd. are up 21% and 17.2% respectively …

Rickenbacker terminal part of better rail route to the East Coast OH Columbus DispatchAnother benefit of shipping by rail is that it could reduce some truck traffic, although trucks still commonly handle freight at some point in its travels. …

Boise locomotive maker secures $114M contract KTVB The $114.6 million contract calls for Boise-based MotivePower to supply 20 locomotives to the Massachusetts Bay Transit Authority. …

Port of Albany forges railway alliance Albany Times Union Norfolk Southern in the past stored its truck trailers at the Kenwood railyard operated by CP Rail. But CP needed the space, and Norfolk Southern sought a …

GATX Corporation Announces Appointment of Vice President and Executive …MarketWatch (press release)In this role, Mr. Zmudka will be responsible for all GATX railcar sales activities in North America. Mr. Zmudka has served in a number of commercial roles …

AAR Reports August 2010 Rail Traffic Continues Mixed Progress Powder Bulk Solids Railroads brought 10759 rail cars out of storage in August, with 348712 cars, or roughly 22.7 percent of the North American railcar fleet, still in storage. …