U S Railroad News 2011-06-17 12:28:00

CN to sell IC Railmarine Terminal assets for $73 mlnReutersJune 16 (Reuters) – Canadian National Railway Co said it will sell assets of its indirect subsidiary, IC RailMarine Terminal Co, for $73 million and enter a related 10-year coal transportation agreement to increase its participation in the growing …

Railroad fights fines over Mexican drugsBoston GlobeUnion Pacific , the largest rail shipper on the US-Mexico border and the largest recipient of fines, refuses to pay more than $388 million in fines, up from $37.5 million three years ago when the screening began. In federal litigation the railroad …

North American rail traffic still on the upifw-net.comIntermodal rail freight traffic in the US remained steady into the first week of June, according to the Association of American Railroads (AAR). During the week ending 4 June, intermodal traffic was up 7.2%, year on year, to 205565 trailers and …

Rock slide covers BNSF railroad tracksBonners Ferry HeraldBNSF spokesman Gus Melonas said sensors detected the avalanche in time to safely stop a train shortly after the slide before it reached the canyon where the slide occurred. The slide, which is about 30 feet wide and 30 feet deep, was caused by the …

Amtrak restores California Zephyr serviceWQADAmtrak restored passenger train service between Chicago and Denver on the California Zephyr but travelers will experience detours. The service was suspended because of flood forecasts along the Missouri River and the impact of that flooding on the BNSF …

Breakfast links: What feds are up toGreater Greater Washingtonby David Alpert • June 16, 2011 9:11 am Amtrak privatization plan stirs debate: House Republicans unveiled their plan to privatize Amtrak’s Northeast Corridor. Either the rails would stay publicly owned but an independent operator would run trains, …

RailAmerica May carloads down 1.7 percentBusinessWeekShort-line rail operator RailAmerica Inc. said freight carloads in May fell 1.7 percent compared with a year earlier, hurt by lower shipments of petroleum and coal. The company said it carried 69776 freight carloads last month, down from 70967 a year …

Genesee & Wyoming shares perform well in MayRochester Democrat and ChronicleFreight traffic carried by rail often is viewed as an economic indicator, and Genesee & Wyoming’s shipments in May increased by 12.7 percent from a year earlier, to 82319 carloads. The categories with the largest increases were chemical and plastics, …

Tavares on track for deal on railroadOrlando SentinelBy Christine Cole, Correspondent TAVARES — Although a proposed July 4 opening date for a shortline tourist train has been postponed, city officials are moving full speed ahead to welcome “the movie train.” City Council members are expected to sign off …

UP rejects price fixing allegationOmaha World-HeraldBy Ross Boettcher Union Pacific Railroad on Wednesday vehemently rejected a lawsuit’s claims that the Omaha-based railroad and BNSF Railway Co. breached federal antitrust laws through price fixing and collusion with other major railroads. …

Mississippi rail authority to study new short line; Mississippi …The 50-mile short line would serve as a north-south rail link near ports in Pascagoula and Mobile. The timber industry was the primary customer of a …

Shenandoah Valley Railroad seeks to expand Staunton yardStaunton News LeaderThe railroad hopes to finance the move with a $91000 grant from a state program that aims to preserve Virginia’s short-line railroads. Its request comes before the Commonwealth Transportation Board later this month. The rest is to be financed privately …

Ride historic steam locomotive between Tacoma, PortlandTacoma Daily NewsThe Daylight Steam locomotive (SP 4449) passes through Steilacoom in its last trip to Tacoma in 2007. The National Railway Historical Society (NRHS) National Convention Committee announced Monday that a limited number of tickets are available to the …

RMI Announces Barcode Billing for Railcar RepairsBusiness Wire (press release)ATLANTA–(BUSINESS WIRE)–RMI, the largest independent provider of Transportation Management Software and comprehensive information services to the railroad industry, has announced the release of ExpressYard Barcode Repair Billing for railcar repair …

President and CEO Claude Mongeau says CN’s Alberta short-line rail …President and CEO Claude Mongeau says CN’s Alberta short-line rail acquisitions, upgrades total C$400 million.