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 …