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Daily Headlines

Proposal to lease tracks from CSX worries Amtrak

(The following story by Jonathan D. Jones appeared on the Staunton News Leader website on August 31.) STAUNTON, Va. -- Amtrak and a railroad workers' union are expressing concern about a short-line railroad operator's ability to maintain 200 miles of track it wants to...

Genesee & Wyoming acquires branch line from CSX

(Genesee & Wyoming issued the following news release on August 30.) GREENWICH, Conn. -- Genesee & Wyoming Inc. (GWI) announced today that its subsidiary, Golden Isles Terminal Railroad Inc. (GITM), has acquired the Savannah Wharf Branch rail line located in Savannah,...

Genesee & Wyoming buys CSX Georgia line

(The Associated Press circulated the following story on August 30.) JACKSONVILLE, Fla. -- Railroad operator Genesee & Wyoming Inc. said Monday that it signed a 20-year agreement to lease the assets of the Peoria and Pekin Union Railway Co. through a new subsidiary....

Union Pacific to pay $65M in lawsuit

(The following story appeared on the Opelousas Daily World website on August 31.) LAFAYETTE, La. -- The Union Pacific Railroad Company will pay $65 million to settle a class-action lawsuit filed over a May 2000 train derailment that forced the evacuation of more than...

BMWE near merger with Teamsters

(Reuters circulated the following story on August 30.) WASHINGTON, D.C. -- A union representing about 40,000 railroad workers is on the verge of merging with the Teamsters. Leaders of the Brotherhood of Maintenance of Way Employees have approved the proposed merger,...

Conrail, CSXT, NS announce closing of exchange offer

(CSXT and Norfolk Southern issued the following news release on August 30.) WASHINGTON, D.C. -- Consolidated Rail Corporation (Conrail), CSX Transportation, Inc. (CSXT) and Norfolk Southern Railway Company (NSR) announced today that they have closed both their...

Railroad line of the future

(The following story by Mark J. Price appeared on the Akron Beacon Journal website on August 30.) AKRON, Ohio -- Some ideas go nowhere fast. Other ideas go somewhere... at moderate speed. In 1949, an Akron company made national news by announcing a bold plan to build...

Bombardier in China bullet train deal

(The Associated Press circulated the following story on August 30.) SHANGHAI, China -- China's Railway Ministry has awarded contracts for upgrading key railway lines to six firms, including Montreal-based Bombardier Inc., Kawasaki Heavy Industries Ltd. of Japan and...

750,000 visitors came to Casey Jones Village last year

(The following story by Ned B. Hunter appeared on the Jackson Sun website on August 29.) JACKSON, Tenn. -- Its black iron frame stands as a proud symbol of a nation's past. Standing on steel rails, it is perhaps the single most recognizable symbol of a youthful...

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