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Report: Short lines add $6.5 billion to U.S. economy

(Source: Railway Age, July 27, 2018) NEW YORK — An industry economic impact report found short line railroads provide $6.5 billion in added value to the U.S. economy – aided by the positive impact of the Short Line Tax Credit. The report, which was prepared by...

NYS&W railroad bridge collapses under train in N.J.

(Source: NorthJersey.com, July 28, 2018) RIDGEFIELD PARK, N.J. — A New York, Susquehanna and Western Railway bridge partially collapsed early Saturday into Overpeck Creek, damaging one railcar but causing no injuries or spills, according to police and railroad...