U S Railroad News 2010-10-30 07:08:00

Weekly Rail Traffic Continues Upward TrendDaily MarketsWASHINGTON, DC – Oct. 28, 2010 – “The Association of American Railroads (AAR) today reported that weekly rail traffic remains up over 2009 levels with US ...

Railcar builders are looking to better timesGerson Lehrman GroupThe RSI announced the third quarter results for the railcar builders and there were improvements in all categories. Orders totaled over 9100 units and ...

Siemens Mobility celebrates new Amtrak contractSacramento BeeThe Amtrak electric locomotive contract was touted as part of a new era of rail transportation nationally, as well as a plum for a region positioning itself ...

Norfolk Southern commits to reducing greenhouse-gas emissions 10 percent by 2014Salisbury PostNorfolk Southern Corp. (NS), the nation's fourth largest railroad, recently set a five-year goal to reduce its carbon footprint through fuel-saving ...

Caterpillar Plans To Build New Railcar Facility In Indiana, Makes Jobs For 650 ...Comtex SmartrendBy Chip Brian 10/29/2010-Caterpillar (NYSE:CAT) is planning on a new railcar facility in Indiana that would create jobs for some 650 people, according to ...

Intermodal group clearing way for proposed railroad tie plant at Hoxie, Ark.KSPR... lines have good reason to be positive about a proposal for a plant in the northeast Arkansas town of Hoxie — the facility would make railroad ties. ...

Niagara Falls gets $16.5M grant for Amtrak stationWCAX... city of Niagara Falls is receiving $16.5 million in federal funding to complete the conversion of a Civil War-era building into a new Amtrak station. ...

NYS getting another $28M from feds for upstate rail projects; Syracuse to ...CanadianBusiness.comMost of that will be used for signal upgrades at a suburban rail yard and to improve Onondaga County's transportation center, home to the city's Amtrak ...

Virginia gets funding for high-speed railThe Free Lance-StarVirginia will receive $44.3 million to fund required engineering and environmental studies of the railroad tracks, all with the goal of eventually running ...

$825K State Grant Leaves Train Short for Trestle RepairsRio Grande SunBy Joe Crawford The Cumbres and Toltec Scenic Railroad would need to find another $90000 and empty its track repair fund, but it appears to have found a way ...


U S Railroad News 2010-10-29 06:30:00

10/28/2010: U.S. Transportation Secretary Ray LaHood Announces $2.4 Billion for High Speed Rail Projects

RailAmerica reports 3Q earnings of $8MBusiness JournalRailAmerica operates 40 short-line railroads in 27 states, a railroad repair company and a contract-switching business that allows it to move rail cars in ...

Wisconsin receives more rail fundingBizjournals.comWisconsin received a $3.7 million grant Thursday to replace two railroad bridges between Milwaukee and Chicago, a project that is another step toward ...

Amtrak acquiring new, low-emissions locomotive fleetBaltimore SunBy Michael Dresser, The Baltimore Sun Amtrak will acquire 70 new low-emissions electric locomotives as part of a plan to rejuvenate its aging fleet on the ...

Governor Quinn Announces $32 Million for Joliet Multi-Modal Transportation CenterIGNN (press release)All passenger platform and waiting areas will be moved east of the existing three-way intersection of the Burlington Northern Santa Fe, Union Pacific and ...

Norfolk Southern Chugs To Higher ProfitForbesThe company's CEO said it sees an economy characterized by slow growth, but growth nonetheless. Norfolk Southern ( NSC - news - people ) shares are trading ...

Intermodal Traffic Increases for WeekTransport Topics OnlineExcluding intermodal shipments, US railroads originated 302855 carloads for the week, 9.6% higher than a year ago, AAR said. Railroad volume is considered ...


U S Railroad News 2010-10-28 07:42:00

US Railroads Add Workers in September Journal of CommerceLast month, CSX Transportation cut 59 jobs while the U.S. lines of Canadian National Railway had no change in employment, the STB report said. The others all added workers – Union Pacific Railroad, BNSF Railway, Norfolk Southern Railway ...

Norfolk Southern Q3 profit tops forecastsReutersBy Lynn Adler NEW YORK (Reuters) - US railroad Norfolk Southern Corp (NSC.N) reported a higher-than-expected third quarter profit on Wednesday as volumes ...

RailAmerica, Inc. Reports Third Quarter 2010 ResultsPR Newswire (press release)Excluding the acquisition of Atlas Railroad Construction Company and the new Ottawa Valley Railway operating agreement, non-freight revenue increased 11% ...

Teamsters at CN rail ratify new collective labour agreements in eastern CanadaWestern StarMONTREAL - Canadian National Railway Co. (TSX:CNR) says it has reached a tentative agreement with the union representing 45 engineers in Quebec and a ...

American Railcar posts $6M loss in Q3Bizjournals.comAmerican Railcar Industries Inc. lost $6.3 million in the third quarter, compared with a profit of $1.1 million in the prior-year quarter, as the company ...

Providence and Worcester Railroad Company Announces DividendMarketWatch (press release)WORCESTER, Mass., Oct 27, 2010 (BUSINESS WIRE) -- Providence and Worcester Railroad Company announced that, at its regular quarterly meeting on October 27, ...

Grand Canyon Railway offers glimpse of the pastOregonLive.comLeaving Williams, the train swayed and rolled to the north, crossing Interstate 40 and then the transcontinental mainline of the BNSF Railway, ...

Union Pacific Railroad donates $40000 to Jackson State «By Jackson State UniversityOn October 7th, representatives from Union Pacific Railroad (UPRR) visited Jackson State University to present a donation of $40000 in support of the company's long-standing relationship with the university . ...

Train's parent company sells 49% stock, goes publicThe Cherokeean Herald... Texas State Railroad. These developments take a lot of money and conditional bank loans are just not there right now.” Mr. Harper said despite the sale ...

Canadian Pacific revenue rises, profit fallsGlobe and MailCanadian Pacific Railway Ltd. CP-T says its third-quarter revenue was up 15 per cent over last year, rising to $1.28-billion as most of the company's ...


U S Railroad News 2010-10-27 06:45:00

Railroad Industry Awards 2010 Professional Environmental Excellence Award to ...The Journal of Commerce OnlineWashington, DC – Oct. 26, 2010 – The Association of American Railroads (AAR) today awarded the 2010 Professional Environmental Excellence Award to BNSF ...

State Receives $121M Federal Grant For Rail LineFOX CTRosa DeLauro predicted the rail line will strengthen Connecticut's long-term economic future, and meanwhile will help ease the 27 percent unemployment in ...

Va. gets $45 million for high-speed railWashington PostBy Kafia A. Hosh Virginia is one step closer to getting its own high-speed rail service and thereby reducing traffic along the notoriously clogged ...

Adirondack railroad celebrates 1 million, new locomotivesUtica Observer DispatchThe locomotives, purchased from Canadian National Railway, cost $250000, including the cost of improvements, Branson said. ...

Norfolk Southern Declares Quarterly DividendPR Newswire (press release)Since its inception in 1982, Norfolk Southern has paid dividends on its common stock for 113 consecutive quarters. Norfolk Southern Corporation (NYSE: NSC) ...

Jackson & Lansing Railroad Company to Acquire 47 Miles of Track ...By NewsDeskThe Jackson & Lansing Railroad Company (J&LRR), a wholly-owned subsidiary of the Adrian & Blissfield Rail Road Company, (A&BRR) a Michigan-based.

Trinity Industries, Inc.'s Leasing Company Announces $369.2 Million Railcar ...MarketWatch (press release)Funds received from the transaction will be used to pay down a portion of TILC's railcar leasing warehouse facility, to redeem Trinity's 6.5% Senior Notes ...

NNW RR gets $4.9 million grant for track rehab NE Chadron Record“No other short line has that advantage.” The line into Chadron and the tracks ... Nielsen said one reason he is involved in the railroad is concern about ...

Federal grant accelerates Nebaska Northwestern Railroad's plansLincoln Journal StarIt will also advance the short-line railroad's business plan by 20 years. "What we are doing is building the foundation," Nielsen said at a press conference ...

CSX introduces low-emissions locomotiveBaltimore SunBy Michael Dresser, The Baltimore Sun CSX Transportation's newly retrofitted, $1.4 million, low-emissions, fuel-conserving diesel locomotive gleamed as it ...

BNSF Logistics Makes Strategic AcquisitionBy adminBNSF Logistics, LLC, today acquired Rite Choice Transport, a Roland, Oklahoma third-party logistics (3PL) company that specializes in serving the perishables and refrigerated market. Terms of the acquisition were not disclosed. ...

UP: Union Pacific Railroad Urges Hunters Not to Hunt On or Near TracksUnion Pacific Railroad urges hunters to resist the temptation to hunt on railroad property this season. Wildlife tend to migrate and feed along the edges of freshly harvested fields making these areas prime hunting spots.

Kansas City Southern profit tops estimates, shares upReutersBy Lynn Adler NEW YORK, Oct 26 (Reuters) - US railroad Kansas City Southern (KSU.N) reported a better-than-expected quarterly profit on rising freight ...


U S Railroad News 2010-10-26 06:43:00

DOT awards Florida $800 million more for high-speed rail; Scott spins project ...The Florida IndependentScott has opposed the use of federal stimulus money, which would be the source of funding for the project, and has issued concern that the rail system would ...

State gets $121 million for New Haven to Springfield lineDanbury News TimesBesides needed rail improvements, last year the state DOT postponed work on a project to add speed transition lanes between exits 14 and 15 on Interstate 95 ...

Union Pacific spends $15 million to upgrade trackMilwaukee Journal SentinelBy Rick Romell of the Journal Sentinel Union Pacific Railroad expects to finish a nearly $15 million upgrade of its Milwaukee-Chicago freight line by ...

Union Pacific Again Boosts Container Fleet Journal of CommerceThe still strong domestic intermodal market has Union Pacific Railroad back in the market for new 53-foot, jumbo sized intermodal containers and chassis, on top of a larger order it placed earlier this year. ...

Michigan high-speed rail corridor gets $150 million federal boostCrain's Detroit BusinessThe money comes from the 2010 High-Speed Intercity Passenger Rail Grant Program, which funds efforts to build or improve such high-speed commuter rail ...

CSX exec calls for train/port connectionBizjournals.comThe redirection of the line could cut transit up to two hours and reduce Downtown traffic caused by railroad crossings, Eliasson said. ...

Port of Tacoma container traffic downSeattle Post IntelligencerRail rates now favor Southern California for returning empty containers, the newspaper reported. Tacoma could have more outbound traffic, but containers are ...

Virgina gets $45 million for high-speed railWashington Post (blog)Virginia is one step closer to getting its own high-speed rail service and thereby reducing traffic along the notoriously clogged Interstate 95 corridor. ...