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Daily Headlines
Global Rail Systems acquired by Vossloh
(Global Rail Systems issued the following on October 22, 2009.) MARLIN, Texas — Global Rail Systems, Inc. (www.globalrailsystems.com), a Marlin, Texas-based railroad automation company, said today that Vossloh has acquired a majority interest in the company, effective...
Norfolk Southern rules out Bibb County site for rail hub
(The following story by Michael Tomberlin appeared on The Birmingham News website on October 23, 2009.) BIRMINGHAM, Ala. — Norfolk Southern says it moving forward with its plans for a $112 million railroad hub in McCalla after evaluating another location advanced by...
NJ Transit says track problems cause delays on lines into N.Y. Penn Station
(The Associated Press circulated the following on October 23, 2009.) NEWARK, N.J. — NJ Transit trains in and out of New York Penn Station were subject to 15 to 20 minutes delays this morning due to a track problem between New York and Newark, according to the NJ...
Northstar Commuter Rail Line debuts in November
(The following story by Steve Share of the Minneapolis Labor Review appeared on the Twin Cities Daily Planet website on October 22, 2009.) MINNEAPOLIS, Minn. — The hottest ticket in town Saturday, November 14 will be a train ticket. That's the day the $320 million...
Septa’s new Silverliner rail cars begin arriving
(The following story by Al Novack appeared on the KYW website on October 23, 2009.) PHILADELPHIA — The first body shells of a new fleet of Septa railroad cars has arrived in Philadelphia. A cargo ship was being unloaded at Packer Marine Terminal early Wednesday...
Sen. Tester: Let’s find a way to reduce price of Hiawatha route
(The following story by Richard Werst appeared on the Clark Fork Chronicle website on October 22, 2009.) SUPERIOR, Mont. — An Amtrak report that the Hiawatha passenger rail route would cost $1 billion and lose $30 million each year "wasn't what I was hoping to hear,"...
More freight traffic on rails, highways may signal economic recovery
(The following story by C. Benjamin Ford appeared on the Maryland Business Gazette website on October 23, 2009.) GAITHERSBURG, Md. — Judging from the increased freight traffic on Maryland's highways and rail lines, the economy appears to be on the right track....
Freight derailment delays Metra trains, raises questions
(The following story by Richard Wronski appeared on the Chicago Tribune website on October 22, 2009.) CHICAGO — Metra officials said Thursday's freight locomotive derailments in the South Loop are delaying the inbound commuter trains that are running on the Southwest...
Economy still not on track, railroads say, warning shipping will be weak through 2010
(The Associated Press circulated the following story by Samantha Bomkamp on October 23, 2009.) NEW YORK — Consumers still aren't buying. Manufacturing lines are still slow. And, oil prices are going up. For all these reasons, the nation's railroads can't predict when...
Railroad stocks mixed at the close of trading
(The Associated Press circulated the following on October 22, 2009.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: Burlington Northern fell $.16 or .2 percent, to $84.62. CSX rose $.51 or 1.1 percent, to $45.97. Canadian...