May 15, 2003 | Headlines, Short Line
(Bloomberg News circulated the following story on May 15.) AUCKLAND, N.Z. — RailAmerica Inc., an operator of 49 railroads in five countries, offered $225 million in cash and assumed debt for Tranz Rail Holdings Ltd., whose shares have slumped as it sells assets...
May 14, 2003 | Headlines, Short Line
(RailAmerica issued the following news release on May 13.) BOCA RATON, Fla. — RailAmerica, Inc. today announced that its Indiana Southern Railroad (ISRR) has extended and increased the terms of two existing transportation contracts for an additional $17.8...
May 8, 2003 | Headlines, Short Line
(The Pittsburgh Tribune-Review posted the following article by C.M. Mortimer on its website on May 7.) PITTSBURGH, Pa. — J&L Specialty Steel, a flat-rolled stainless steel manufacturer based in Coraopolis, said Tuesday that it sold its Pennsylvania...
May 8, 2003 | Headlines, Short Line
(The Clear Lake Citizen posted the following story by Mary Alys Cherry on its website on May 7.) CLEAR LAKE, Texas — The proposed $80 million San Jacinto Railroad got the nod Friday at the federal agency that permits such projects — setting off a flurry of...
May 6, 2003 | Headlines, Short Line
(RailAmerica issued the following news release on May 5.) BOCA RATON, Fla. — RailAmerica, Inc. today announced that its Australian railroad, Freight Australia, has recently commenced service on two new, three-year transportation agreements valued at more than...
May 5, 2003 | Headlines, Short Line
(RailAmerica issued the following news release on April 2.) BOCA RATON, Fla. — RailAmerica, Inc. announced that its Exeter, California-based San Joaquin Valley Railroad (SJVR) was named “Short Line Railroad of the Year” by Railway Age magazine. SJVR...
April 22, 2003 | Accident, Headlines, Short Line
(The Fresno Bee posted the following story by George Hostetter on its website on April 21.) KERMAN, Calif. — Dozens of residents in a quiet neighborhood on the south side of this small farm town were evacuated early Monday afternoon when a San Joaquin Valley...
April 16, 2003 | Headlines, Short Line
(The New Mexico Business Weekly posted the following article by Andrew Webb on its website on April 15.) ALBUQUERQUE, N.M. — The co-owner of a small railroad in northern New Mexico says heightened security concerns have left a potential new business in limbo....
April 15, 2003 | Headlines, Short Line
(RMI issued the following news release on April 15.) ATLANTA — Terminal Railroad Association (TRRA) ofSt. Louis has deployed RailConnect(R) from RMI, which delivers real time operational and shipping information to TRRA management and customers. TRRA selected...
April 10, 2003 | Headlines, Short Line
(RailAmerica issued the following news release on April 9.) BOCA RATON, Fla. — RailAmerica, Inc. announced that it has completed its previously announced line purchase from Kansas City Southern (KCS) in Dallas, Texas. RailAmerica’s Dallas, Garland &...