May 30, 2013 | Headlines, Short Line
(Source: Billings Gazette, May 29, 2013) BILLINGS, Mont. — For 20 years, Central Montana Railroad was an economic engine for an 87-mile stretch of track that Burlington Northern Santa Fe Railway wouldn’t service. Then two years ago this month, floodwaters stirred the...
March 20, 2013 | Headlines, Short Line
(Source: Associated Press, March 19, 2013) RALEIGH, N.C. — Some legislators support a plan placing more supervision on North Carolina’s state-owned railroad company and requiring it to transfer cash and future dividends to help fix and renovate state government...
February 15, 2013 | Headlines, Short Line
(Source: Progressive Railroading, February 14, 2013) On Tuesday, Genesee & Wyoming Inc. (GWI) President and Chief Executive Officer Jack Hellmann provided an update on the RailAmerica integration during the company’s fourth-quarter earnings conference. GWI...
February 5, 2013 | Headlines, Short Line, War on Workers
(Source: News & Observer, February 3, 2013) RALEIGH, N.C. — The state-owned N.C. Railroad would be required to sell off some real estate, pay millions of dollars in dividends to the state, and submit to more thorough state oversight under legislation filed last...
January 24, 2013 | Headlines, Short Line
(Source: Genesee & Wyoming press release, January 15, 2013) GREENWICH, Conn. — On January 15, Genesee & Wyoming Inc. reported traffic volumes for December 2012 and the fourth quarter of 2012. On October 1, 2012, GWI acquired RailAmerica Inc. and immediately...
January 3, 2013 | FRA, Headlines, Short Line
(Source: Progressive Railroading, January 2, 2013) The Federal Railroad Administration (FRA) recently awarded a $2.4 million Rail Line Relocation program grant to Lycoming County, Pa., to build a new rail bridge spanning Loyalsock Creek in Loyalsock Township and...
January 2, 2013 | CN, Headlines, Short Line
(Source: Munster Times, December 31, 2012) MUNSTER, Ind. — Canadian National Railway has completed a merger of its EJ&E Railway into its Wisconsin Central subsidiary, in a move the company said will have no impact on extensive improvements it pledged when it...
January 2, 2013 | Headlines, Short Line, War on Workers
(Source: Naked Capitalism, January 1, 2013) NEW YORK — Throughout the months of November and December, a steady stream of corporate CEOs flowed in and out of the White House to discuss the impending fiscal cliff. Many of them would then publicly come out and talk...
December 4, 2012 | Headlines, Short Line
(Source: Associated Press, December 3, 2012) SIOUX FALLS, S.D. — Weakening demand for coal has prompted Canadian Pacific Railway Co. to mothball plans to extend its Dakota, Minnesota & Eastern Railroad network into the Powder River Basin to ship Wyoming coal to...
November 19, 2012 | Amtrak, Headlines, Short Line
(Source: The Gazette, November 18, 2012) CEDAR RAPIDS, Iowa — The Iowa Interstate Railroad remains willing to host new passenger rail service across Iowa if the state and Amtrak can reach an agreement to develop and fund it, a top executive of the Cedar Rapids-based...