August 28, 2002 | Canada, Headlines, Short Line
VANCOUVER, B.C. — Two senior BC Rail executives — president Mark Mudie and vice-president Debbie MacLagan — have abruptly left the Crown corporation, the Vancouver Sun reported. BC Rail representative Alan Dever confirmed Monday the two executives...
August 12, 2002 | Headlines, Short Line
NEW YORK — Railway Age magazine has named Bridgeton, N.J.-based Winchester & Western Railroad as Short Line Railroad of the Year and Port Clinton, Pa.-based Reading Blue Mountain & Northern Railroad as Regional Railroad of the Year. A connecting Class...
August 2, 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 second quarter ended June 30, 2002. Financial highlights included: * Diluted earnings per share of $.24, excluding...
July 9, 2002 | Headlines, Short Line
This fellow knows how to turn around a railroad. Why did he think he could run a telecom business? According to Forbes Magazine, Robert W. Anestis shot to fame in the railroad world when he broke the caboose union. After testifying to federal arbitrators in 1990 about...
July 8, 2002 | Headlines, Short Line
Sierra Railroad thinks it can (It knows it can! It knows it can!) make electricity to meet California’s peak summer demands. The short-touring and freight line, based in Oakdale, has 48 diesel locomotive engines in a rail yard waiting to produce 100 megawatts of...
July 8, 2002 | Canada, Headlines, Short Line
VICTORIA — A business model has been found to keep trains rolling on Esquimalt and Nanaimo Railway, the historic Vancouver Island line that was to be shut down this month, the Globe and Mail reports. Details of the plan to be announced Monday were still being...
July 3, 2002 | Headlines, Short Line
RALEIGH, N.C. — Beginning August 1, trains will travel a little faster along portions of the North Carolina Railroad between Durham and Charlotte, the North Carolina Department of Transportation reports. Train speeds will increase between five and 44 miles per...
June 27, 2002 | CN, Headlines, Short Line
VANCOUVER — Canadian National Railway Co. is providing financial help and materials so that Kelowna Pacific Railway can upgrade the short line route in British Columbia it took over from CN two years ago, the Canadian Press reports. CN said Tuesday it is...
June 19, 2002 | Headlines, Short Line
WASHINGTON, D.C. — A wire service reports that the Dakota, Minnesota & Eastern Railroad Corporation’s proposed purchase of I&M Rail Link should undergo a longer federal review because the combined company might be financially weak, six unions...
June 5, 2002 | Headlines, Short Line
TALLAHASSEE, Fla. — Boca Raton-based RailAmerica Inc. said Tuesday it will keep its corporate headquarters in the state, consolidating its management and administration functions to create 67 new jobs, the South Florida Sun-Sentinel reports. As an incentive to...