February 14, 2014 | Headlines, Short Line
(Source: Genesee & Wyoming press release, February 11, 2013) DARIEN, Conn. — Genesee & Wyoming Inc. released fourth quarter 2013 financial information on February 11, 2014. Fourth Quarter Highlights • Reported diluted earnings per common share (EPS) of...
February 13, 2014 | Canada, Headlines, Short Line
(Source: CBC News, February 12, 2014) MONTREAL — Montreal, Maine & Atlantic Railway Ltd. (MM&A) had been the subject of repeated infraction notices for violations of the rules surrounding the securing of trains for years before the tragedy in...
January 29, 2014 | Accident, Headlines, Short Line
(Source: The Republican, January 28, 2014) DEERFIELD — An employee with Pan Am Railways was transported by helicopter ambulance to Baystate Medical Center in Springfield Tuesday after suffering a serious injury in an accident in the rail yard, police said. Full...
January 27, 2014 | Headlines, Oil Train, Short Line
(Source: Bangor Daily News, January 27, 2014) BANGOR, Maine — The sale of the bankrupt Montreal, Maine and Atlantic Railway is all but certain at this point, but the buyer — Fortress Investment Group — remains mum on its reasons for wanting to acquire the...
January 21, 2014 | Canada, Headlines, Short Line
(Source: Montreal Gazette, January 20, 2014) MONTREAL — When an empty cargo train owned by the Montreal, Maine & Atlantic Railway derailed on the outskirts of Nantes earlier this month, the town’s mayor learned about the incident two days later on Facebook....
January 20, 2014 | Headlines, Oil Train, Short Line
(Source: Bangor Daily News, January 17, 2014) BANGOR, Maine — The deadline for bids on the railroad’s assets was the end of the day Friday. Robert Keach, the railroad company’s trustee in its bankruptcy proceedings, told the Bangor Daily News after the close of...
January 13, 2014 | CP, Headlines, Short Line
(Source: Onida Watchman, January 11, 2014) ONIDA, S.D. — The Canadian Pacific Railway kicked off 2014 with the announcement that in a deal worth over $200 million, its tracks on the DM&E line in South Dakota have been sold to Genesse & Wyoming...
January 7, 2014 | CP, Headlines, Short Line
(Source: Argus Leader, January 6, 2014) SIOUX FALLS, S.D. — The sale of 660 miles of railroad from Tracy, Minn., to Rapid City comes with an assurance from the new owner that a fundamental shortcoming that plagued the past two owners won’t threaten vital rail...
January 3, 2014 | CP, Headlines, Short Line
(Source: Associated Press, January 2, 2013) SIOUX FALLS, S.D. — Canadian Pacific says it’s selling the west end of its Dakota, Minnesota & Eastern railroad line to Genesee & Wyoming Inc. for about $210 million. Full story: Albany Times...
December 6, 2013 | Headlines, Short Line
(Source: 13WHAM, December 5, 2013) CANADAIGUA, N.Y. — U.S. Senator Chuck Schumer was in Canandaigua Thursday pushing for the Short Line Railroad Rehabilitation and Investment Act of 2013, which would extend a tax credit for short line railroads. Full story:...
