U S Railroad News 2011-06-04 01:25:00

Rail Traffic: An Expected Seasonal SlowdownSeeking AlphaTotal N. American rail traffic clocked in at 667k cars last week vs 676k the prior week. Virtually all of the decline can be attributed to fewer coal shipments. We are entering the time of year that shipments typically waffle around until mid summer, …

Remodel Auction Reverses Acquisition of Scenic Railroad and Land Assets …TradersHuddle.com (press release)CHARLOTTE, NC, June 2, 2011 (GLOBE NEWSWIRE) — Remodel Auction, Inc. (Pink Sheets:REMD), announced today by mutual consent the previously announced acquisition of 49% ownership interests in the Great Smokey Mountain Railroad of Bryson City, …

Norfolk Southern sets intermodal facility groundbreaking for MondayBizjournals.comNorfolk Southern has rescheduled its ground breaking for its $97.5 million regional intermodal freight facility in McCalla to Monday. Norfolk Southern CEO Wick Moorman and Alabama Gov. Robert Bentley will be on hand to shovel the first dirt on the …

Gigantic Chunk Of Railroad Track Stolen In Massachusetts — Workers Have Never …Business InsiderHuge chunks of railroad track — so big they imply that a professional operation was required to move them — were stolen in Taunton, Massachusetts recently. The railroad professionals Taunton Gazette interviewed about the event, one of whom has been …

S.C. Railroad Museum opens SaturdayThe Times and DemocratWINNSBORO – The South Carolina Railroad Museum will open its doors for the regular operating season on Saturday, June 4. Guests can board the Rockton, Rion and Western Railroad in Winnsboro for an hour-and-a-half ride on one of the country’s most …

Galveston Railroad Museum gets restored switcherGalesburg Register-MailAP Photo/The Galveston County Daily News, Kevin M. Cox Galveston Railroad Museum’s fully restored GE 80-ton switcher locomotive sits on a flatbed in the BNSF 59th Street rail yard waiting for final delivery on Wednesday afternoon June 1, 2011, …

UP: Union Pacific Tops List, Canadian National Shows Dramatic …BNSF, the top rated railroad in 2010, slipped to second place and was … CSX Transportation 6.) Kansas City Southern Railway 7.) Canadian Pacific Railway … City Southern Railway, Norfolk Southern Railway, and Union Pacific Railroad. …

RAILAMERICA OFFERS INVESTORS THE BEST CASH FLOW IN THE RAILROADS INDUSTRY (RA …Zacks.comNorfolk Southern (NYSE:NSC) has a price to free cash flow ratio of 20.9x based on a current price of $70.79 and a free cash flow per share of $3.39. Kansas City Southern (NYSE:KSU) has a price to free cash flow ratio of 27x based on a current price of …

Danville-Area Rail Project Will Begin Next YearNorthcentralPa.comIron Town will be served by the North Shore Railroad, one of five short line railroads in the SEDA-COG Joint Rail Authority’s (JRA’s) system. The JRA will administer the project, which will include construction of a bridge over Sechler Run, …