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Daily Headlines
RailAmerica reports May 2011 monthly carloads down 1.7%
(RailAmerica issued the following press release on June 14, 2011.) JACKSONVILLE, Fla. — RailAmerica, Inc. reported that its total freight carloads for the month ended May 31, 2011 were 69,776, down 1.7% from 70,967 in May 2010. The Company had increased shipments in...
Genesee & Wyoming reports May 2011 traffic up 12.7%
(Genessee & Wyoming issued the following press release on June 13, 2011.) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) today reported traffic volumes for May 2011. GWI’s traffic in May 2011 was 82,319 carloads, an increase of 9,262 carloads, or 12.7 percent,...
Metra’s on-time statistics called into question
(The following appeared on the Chicago Tribune website on June 14, 2011.) CHICAGO — A Tribune analysis of more than 200,000 Metra train runs in 2010 found that while Metra's overall record is the equivalent of one late trip per 20 rides — or once every two weeks for a...
NS slows Amtrak speeds on Detroit-Chicago line
(The following appeared on the Detroit News website on June 15, 2011.) DETROIT, Mich. — Railway passengers may face delays of up to 90 minutes on trains running between Ypsilanti and Kalamazoo due to a decision by the Norfolk Southern railway to decrease speeds on...
For investors, Canadian National beats Canadian Pacific
(Bloomberg News circualted the following on June 15, 2011.) NEW YORK — Canada’s two biggest railways are under pressure from government and customers to reduce delays, with investors profiting from Canadian National Railway Co.’s performance and losing on Canadian...
Norfolk Southern sees no sign of double-dip recession
(Reuters circulated the following on June 8, 2011.) NEW YORK — Norfolk Southern Corp's chief executive said the U.S. economy shows no signs of a double-dip recession despite slowing in the second quarter. The company's carload volume is up 3 percent in the second...
High-speed rail would impact America’s freight trains
(The following appeared on the Miller-McCune website on June 15, 2011.) The recent controversy over high-speed rail in America has obscured one fact about trains that defines — and pretty well explains — the main trend in rail traffic in the U.S. and Europe over the...
CSX pushes Ohio hub to California shippers
(The following appeared on The Journal of Commerce website on June 14, 2011.) WASHINGTON, D.C. — CSX Transportation believes its new Northwest Ohio hub will give it a new edge over over-the-road trucking by lowering the cost of transportation for shippers moving goods...
Amtrak restores service over flooding Missouri River in Nebraska, Iowa
(The Associated Press circulated the following on June 14, 2011.) OMAHA, Neb. — Amtrak is restoring its California Zephyr passenger train between San Francisco and Chicago, which was disrupted by the flooding Missouri River in the Omaha area. Amtrak says Tuesday that...
Railroads try to keep goods rolling in spite of floods
(The following appeared on the Omaha World-Herald website on June 15, 2011.) OMAHA, Neb. — Railroad tracks around the Midlands are looking a bit different thesedays. Some are surrounded by sandbags and levees. Other stretches are elevated a few feet off the ground. A...
