November 19, 2002 | Canada, Headlines, Short Line
HALIFAX, N.S. — A 160-kilometre stretch of money-losing rail line in Cape Breton has become a symbol of the area’s economic woes and its hopes for the future, the Globe and Mail reported. Earlier this month, the Cape Breton and Central Nova Scotia Railway...
November 13, 2002 | Headlines, Short Line
HURON, S.D. — A series of lawsuits and a troubled financial market is delaying the start of the Dakota, Minnesota and Eastern Railroad’s $2 billion improvement and expansion project, said Kevin Schieffer, DM&E president and CEO in an interview with...
November 11, 2002 | Headlines, Short Line
MISSOULA, Mont. — It’s been 6-1/2 years since Patrick and Linda Walsh helped evacuate Alberton residents after a train derailment that spilled 130,000 pounds of liquid chlorine, and it’s time, they say, for the rail company to pay them for injuries...
November 6, 2002 | Headlines, Short Line
ST. AUGUSTINE, Fla.– Florida East Coast Industries, Inc. announced results for the third quarter and nine months ended September 30, 2002. FECI reported consolidated revenues of $64.5 million for the third quarter 2002, compared to $65.8 million for the third...
November 4, 2002 | Headlines, Short Line
PORTLAND, Ore. — The Statesman-Journal reports that a deal between two railroads may mean changes in the flow of train traffic through the mid-Willamette Valley and millions of dollars’ worth of rail improvements, state transportation officials said. Genesee...
October 30, 2002 | Headlines, Short Line
GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) reported financial results for its third quarter ended September 30, 2002. Net income for the third quarter of 2002 was $7.0 million compared with net income of $4.5 million in the third quarter of 2001....
October 30, 2002 | Canada, Headlines, Short Line
PRINCE GEORGE, B.C. — Denver-based Omnitrax is looking to buy or operate B.C. Rail and attract back much of the freight that moved to trucks when the railway halted its intermodal service earlier this year, Today’s Trucking reported. The provincially-owned...
October 29, 2002 | Headlines, Short Line
BOCA RATON, Fla. — RailAmerica, Inc., the world’s largest short line and regional railroad operator, today reported its results for the third quarter ended September 30, 2002 in a press release. Year-over-year financial highlights for the quarter included:...
October 25, 2002 | BNSF, Headlines, Short Line
GREENWICH, Conn., and FORT WORTH, Texas — Genesee & Wyoming Inc. (GWI) announced today that it has signed a 15-year agreement with The Burlington Northern and Santa Fe Railway Company (BNSF) to lease a 76-mile rail line between the cities of Salem and...
October 23, 2002 | Headlines, Short Line
BOCA RATON, Fla. — RailAmerica, Inc. (RRA), the world’s largest short line and regional railroad operator, today announced in a press release that its Australian railroad, Freight Australia, has signed a new three-year rail transportation contract with...
