September 26, 2002 | Accident, Headlines, Short Line
BROWNSVILLE, Texas — The wheels of a train temporarily slipped off the railroad track and ripped into the pavement as the train passed in front of the Cameron County Courthouse in Brownsville on Wednesday, the Brownsville Herald reported. Railroad tracks run...
September 12, 2002 | Headlines, Short Line
WASHINGTON, D.C. — The federal government is about to release $16.2 million to the Alaska Railroad for construction projects, the Anchorage Daily News reports. The largest share — $9 million — is to straighten the track. It’s part of a $78...
September 12, 2002 | Headlines, Short Line
BOCA RATON, Fla. — RailAmerica, Inc., the world’s largest short line and regional railroad operator, today announced that total carloads (including intermodal units) for August 2002 increased 18.4% to 124,005, from 104,746 in 2001. Year-to-date through...
September 12, 2002 | Headlines, Short Line
NEW YORK — New York Regional Rail Corp. (NYRR) is pleased to announce an expansion of shipments and deliveries of steel products under the Company’s contract announced earlier this year with Transload Services LLC (TLS). Under the contract, TLS’s...
August 30, 2002 | Headlines, Short Line
GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) announced on August 29 that it has completed the acquisition of the Utah Railway Company (UTAH), a wholly owned subsidiary of Mueller Industries, Inc. GWI funded the $54 million cash purchase under its $103...
August 30, 2002 | Headlines, Short Line
ST. AUGUSTINE, Fla –Florida East Coast Industries, Inc. (FECI) Board of Directors declared a quarterly dividend of $.025 (2 1/2(cents)) per share on all issued and outstanding common stock, payable on September 27, 2002 to all shareholders of record as of...
August 30, 2002 | Headlines, Short Line
ROCHESTER, MINN. — Olmsted County, Minn., is moving forward with legal action against the proposed expansion of the Dakota, Minnesota & Eastern Railroad, County Attorney Ray Schmitz said in an Associated Press news article. He told county commissioners on...
August 29, 2002 | Headlines, Short Line
BOCA RATON, Fla. — RailAmerica Inc. expects third-quarter revenue of $114 million, but said results will be hurt by lower grain harvests in Australia, as well as weak Canadian bridge traffic, reports a wire service. In a press release Wednesday, the short-line...
August 28, 2002 | Headlines, Short Line
DURANGO, Colo. — The La Plata County sheriff Monday was given power to shut down the historic Durango & Silverton Narrow Gauge Railway because of the area’s extreme fire danger, according to the Denver Post. But when railroad officials said they would...
August 28, 2002 | Headlines, Short Line
GREENWICH, Conn. — Genesee & Wyoming Inc., which owns and operates regional freight railroads, has agreed to buy the Utah Railway Company, from Mueller Industries, Inc., for $54 million, GWI announced. Utah Railway, a short line that operates from Ogden,...
