June 21, 2012 | Headlines, Short Line
(Source: Fairbanks Daily News-Miner, June 21, 2012) FAIRBANKS, Alaska — The Alaska Railroad has announced it will eliminate 52 positions statewide as a result of decreased fuel shipments from a North Pole refinery to Ted Stevens International Airport in Anchorage....
June 21, 2012 | DOT, Headlines, Short Line
(Source: Associated Press, June 20, 2012) MONTPELIER, Vt. — The New England Central Railroad between St. Albans and the Vermont-Quebec border is going to be upgraded with help from a $7.9 million grant from the U.S. Department of Transportation. Full story: CBS...
June 14, 2012 | Headlines, Short Line
(Source: Genesee & Wyoming press release, June 13, 2012) GREENWICH, Conn. — Genesee & Wyoming Inc. today reported traffic volumes for May 2012. GWI’s traffic in May 2012 was 78,536 carloads, a decrease of 3,783 carloads, or 4.6 percent, compared with May...
June 12, 2012 | Headlines, Short Line
(Source: RailAmerica press release, June 12, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads for the month ended May 31, 2012 were 75,384, up 8% from 69,776 in May 2011. The Company increased shipments in May 2012 in eight...
June 8, 2012 | Headlines, Short Line
(Source: Genesee & Wyoming press release, June 7, 2012) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) today named David A. Brown as the successor to GWI’s current Chief Operating Officer (“COO”), James W. Benz. The appointment comes in anticipation of...
June 4, 2012 | Headlines, Short Line
(Source: Flathead Beacon, May 31, 2012) COLUMBIA FALLS — For most people, Mondays are never easy. But few have ever had to deal with the daunting task that Levi Hubler and Dyllan Vincent faced last week after BNSF Railway left 40 freight cars for the Mission Mountain...
May 24, 2012 | Headlines, Short Line
(Source: RailAmerica press release, May 22, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today, in response to market rumors, stated that its Board of Directors is considering strategic alternatives, which may include a sale of the Company. In connection with its...
May 23, 2012 | Headlines, Short Line
(Source: Trains Magazine, May 14, 2012) According to a report by Fred W. Frailey on the Trains Magazine website, Fortress Investment Group, which took RailAmerica private in 2007, has employed Deutsch Bank to find a buyer for a 56 percent interest in the company. Full...
May 11, 2012 | Headlines, Short Line
(Source: RailAmerica press release, May 10, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads in April 2012 were 71,936 compared with 72,081 in April 2011. The Company increased shipments in April 2012 in eight out of twelve...
May 11, 2012 | Headlines, Short Line
(Source: Genesee & Wyoming press release, May 11, 2012) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) reported traffic volumes for April 2012. GWI’s traffic in April 2012 was 77,626 carloads, a decrease of 4,564 carloads, or 5.6 percent, compared with...
