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Daily Headlines
Arizona Railroad Group acquires San Pedro & Southwestern
(The Arizona Railroad Group issued the following news release on November 4.) SCOTTSDALE, Ariz. -- The Arizona Railroad Group (AZRRG), an Arizona-based railroad investment company headed by David Parkinson, founder and former chairman of the Arizona & California,...
RailAmerica expects to complete Ferronor sale by year-end
(The following report appeared at LatinTrade.com on November 4.) United States-based RailAmerica expects to complete the sale of its 55% stake in Chilean rail operator Ferronor by year-end, company chairman, president and CEO Gary Marino said during the company's...
Greenbrier to manage car repair billing for BNSF
(The Greenbrier Companies, Inc., and Burlington Northern Santa Fe Corp. issued the following news release on November 5.) LAKE OSWEGO, Ore. and FORT WORTH, Texas -- Greenbrier Management Services, a division of The Greenbrier Companies, Inc. and The Burlington...
Sheldon rail line reopens
(The following report appeared on the Sioux City Journal website on November 4.) SHELDON, Iowa -- A Union Pacific rail line was expected to reopen late Monday night following cleanup from a derailment. No one was injured in the derailment of 25 cars that happened at...
UBS: Buy railroads, as ’04 ‘can only get better’ than ’03
(Dow Jones Newswires circulated the following story by Elizabeth Souder on November 4.) NEW YORK -- UBS Warburg recommended investors buy several U.S. railroad shares on expectations that the improving economy will boost cargo volume, and on hopes that 2004 can't be...
Derailment delays riders
(The following article by Joie Tyrrell was posted on Newsday?s website on November 5.) NEW YORK -- A freight train derailment yesterday morning complicated the commute for thousands of riders on the Long Island Rail Road's Ronkonkoma line when service was suspended in...
Fire chief: Derailment report late coming in
(The following article by Robin Fitzgerald appeared on The Sun Herald website on November 5.) GULFPORT, Miss. -- The city's fire chief said he wants to know why a railroad company waited an hour to notify his agency of a train derailment Monday that spilled diesel...
Train derailment sends freight car into parking lot
(The Journal-News posted the following article on its website on November 5.) HAMILTON, Ohio -- Three cars in a CSX freight train derailed in Hamilton early Tuesday, sending a rail car sliding into the parking lot of a business in the 600 block of Walnut Street,...
BLE-IBT Town Hall meeting today in St. Paul
CLEVELAND -- The BLE will hold a Town Hall Meeting today in St. Paul, Minn., regarding the proposed merger with the International Brotherhood of Teamsters. The meeting will include a presentation to explain the proposed merger and the expected benefits, followed by a...
Opinion: Public needs to be convinced that rail tax is for greater good
(The following column by Mike Leidemann appeared on the Honolulu Advertiser website on November 4.) HONOLULU -- The proposed new rail transit system for O'ahu is going to be a tough sell. That means politicians are going to have to think like marketers to make it a...
