U S Railroad News 2011-07-22 01:24:00

07/21/2011: U.S. Transportation Secretary LaHood Announces $24.3 Million in Grants to Boost Keystone Corridor Train Speeds to 125 mph

Tourist train linking Saratoga and North Creek opensGlens Falls Post-StarJoint negotiations between Iowa Pacific, the town of Corinth and the Canadian-Pacific Railroad, which owns the rails south of Corinth, have brought trains from North Creek to Saratoga for the first time since 1956. Officials said the link with Saratoga …

UPDATE 3-CSX profit beats forecast, shares edge higherReutersNEW YORK, July 19 (Reuters) – US railroad operator CSX Corp (CSX.N) reported an increase in quarterly profit and revenue, beating Wall Street estimates, on higher volume and pricing. Revenue rose across the company’s major markets — merchandise, …

Union Pacific 2Q profit up 10 percent despite flooding, fuel …Washington PostBy AP, RISING TIDE: Two of Union Pacific’s rail lines remain closed because of flooding in the Midwest, and the railroad spent about $14 million defending against flooding during the second quarter. But Union Pacific still reported a 10 percent …

Frontier train pulled by steam engine rolls through GreeleyGreeley TribuneUnion Pacific Railroad’s historic steam locomotive No. 844 pulled the Frontier Days train through Greeley today, and hundreds of people including train enthusiasts and first timers lined the tracks on 7th Avenue to greet it. Roy Murray and friend Ray …

Conn. to buy 25 more trains for NYC commutersBusinessWeekDannel P. Malloy says Connecticut will buy 25 more commuter rail cars for the heavily used New Haven line into New York City. Malloy said Tuesday that the 25 cars will cost about $93 million and will add to 380 already on order. …

North Dakota rail terminal for Bakken shale oil begins constructionPlattsUtah-based Savage Companies Wednesday said it has begun work on a “multi-user rail terminal” served by Burlington Northern Santa Fe Railway in Trenton, North Dakota, to bring delivery of Bakken shale crude oil by rail. Savage CEO Allen Alexander said …

Tower 55 project still on track, officials sayFort Worth Star TelegramIn all, roughly $226 million worth of work — including earth movement, the construction of bridges and roads, and the laying of railroad tracks — is taking place in and around the Davidson Yard. This report includes material from the Star-Telegram …

Rail trail group interested in Stewartstown Rail landYorkdispatch.comAnother organization has expressed interest in preserving the Stewartstown Railroad, at least the 7.5-mile tract of land it runs through, if the historic short line is forced into dissolvement by its creditor. The York County Rail Trail Authority …

Iowa Interstate begins to build locomotive shop, yardProgressive Rail RoadingIowa Interstate Railroad Ltd. (IAIS) recently began grading work near Homestead, Iowa, for a new locomotive maintenance facility and yard. The $19 million project has been in the planning and engineering stage for about a year, but construction now is …

Mich. to buy rail line for AmtrakToledo BladeThe tracks’ owner, Norfolk Southern, has determined that freight traffic along the line no longer justifies maintaining it for the ordinary top speed on many Amtrak routes, 79 mph. Beginning last year, after a maintenance agreement with Amtrak expired, …

Protest by losing city rail car contract bidder tossed outHonolulu Star-AdvertiserBy Gene Park The state commerce agency Tuesday threw out one of the two protests to the city’s billion-dollar rail car contract award. Bombardier Transportation filed an appeal with the state Department of Commerce and Consumer Affairs, …

CSX expects volume to grow faster than economyThe Associated PressThe railroad operator also said Wednesday it thinks prices will continue to rise for the goods it hauls, further boosting revenue. CSX Corp. says China’s appetite for US coal should keep growing this year, offsetting weakness in shipments to US …

UTU tentative agreement on Georgia shortline – Railway Track and …“What we are trying to do is bring parity in wages, benefits and work rules to the thousands of employees in the shortline railroad industry, in addition to …

New rail facility to open at HersheyNorth Platte Bulletin… 7/20/2011 The new Greenbriar rail wheel plant east of Hershey will open in September, plant officials said Monday. The Lincoln County Commissioners approved a final piece of funding for the plant — a $250000 community development block grant. …

CN plans to build four new sidings on Northern Ontario corridor over two yearsCanadianBusiness.comBy The Canadian Press July 19, 2011 TORONTO – Canadian National Railway Co. (TSX:CNR) says it plans to build four more extended sidings on its Northern Ontario main line by the end of 2012 at a cost of $20 million. The company, which operates one of …

CCN News 8 – Local Railroad Lines RecognizedTwo Central Pennsylvania short line railroads were recognized at Norfolk Southern’s recent Annual Short Line Meeting. The Lycoming Valley Railroad received …

Ely Nevada’s Northern Railway Announces a One-of-a-Kind Opportunity to Operate …PR Web (press release)Experience Ely Nevada’s interactive living historic railway along America’s Loneliest Road in the Pony Express Territory; Train enthusiasts can operate a locomotive at this year-round adventure place with haunted ghost trains, Railway Reality Camps, …

Take a ride on the Twin Cities & Western RailroadChaska HeraldTickets are now available for commemorative passenger rides aboard the Twin Cities & Western Railroad on July 30, and July 31. The TC&W line runs through Chaska and Chanhassen. The money raised by the rides will be donated to the Lake Superior Rail …