U S Railroad News 2010-11-16 06:23:00

Moody’s upgrades Kansas City SouthernBusinessWeekMoody’s Investors Service said Monday it raised ratings of freight railroad operator Kansas City Southern, citing improved results this year at its US and …

Bidding on contract to operate 2 MARC lines canceled for lack of competitionWashington PostBy Michael Dresser Maryland has canceled the bidding on a contract to take over the operations of the MARC Camden and Brunswick lines from CSX, …

Siemens, FCC to Bid on Billion Dollar US High-Speed Train ProjectTechzone360The move by Siemens and the Spanish construction company comes just two weeks after the US government awarded $2.4 billion in funding for railroad projects …

AMERICAN RAILCAR INDUSTRIES IS HEADED INTO THE RED AS LOSSES ARE NOW EXPECTED …Zacks.comAmerican Railcar Industries is now estimated to lose $1.12 per share this year, based on 21.3 million shares outstanding. We are watching earnings estimates …

No costs yet for Metrolinx rail optionsToronto SunBy JONATHAN JENKINS, Queen’s Park Bureau The Metrolinx estimated cost for scrapping diesel on its GO train commuter lines is going down but how far down …

GATX Corporation Completes Acquisition of 2500 RailcarsMarketWatch (press release)The seller was a financial institution that recently foreclosed on part of the fleet of a railcar lessor. “GATX continues to execute its strategy of growing …

GENESEE & WYOMING IS AMONG THE COMPANIES IN THE RAILROADS INDUSTRY WITH A …Zacks.comSmarTrend currently has shares of Kansas City Southern in an Uptrend and issued the Uptrend alert on September 01, 2010 at $34.87. The stock has risen 28.3% …

PATRIOT RAIL’S SACRAMENTO VALLEY RAILROAD HONORED BY – Patriot …BNSF interchanges with over 200 short line railroads. … Patriot Rail Corp. is a short line and regional freight railroad holding company based in Boca …

Iowa flooding hurts Cedar Rapids’ train trafficMason City Globe GazetteThe city’s earliest meatpackers and millers built on sites with rail access to receive grain and to ship finished products, a pattern repeated as new …

Companies compete to operate New York shortline – Railway Track …First up was a $100-million company that operates eight railroads in two countries, a firm that brought four of its top executives to town to try to answer …