May 1, 2012 | Headlines, Short Line
(Source: Genesee & Wyoming press release, May 1, 2012) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) reported net income in the first quarter of 2012 of $22.2 million, compared with net income of $22.1 million in the first quarter of 2011. GWI’s...
April 27, 2012 | Headlines, Short Line
(Source: RailAmerica press release, April 25, 2012) JACKSONVILLE, Fla., — RailAmerica, Inc. today reported financial results for the quarter ended March 31, 2012. First quarter 2012 revenue increased 15% to $143.4 million from $124.9 million in the first quarter of...
April 11, 2012 | Headlines, Short Line
(Source: RailAmerica press release, April 11, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads in March 2012 were 74,414, down 3.0% from 76,732 in March 2011. The Company increased shipments in March 2012 in four out of 12...
April 10, 2012 | Headlines, Short Line
(Source: RailAmerica press release, April 9, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. announced today that it has completed its acquisition of a seventy-percent interest in the Wellsboro & Corning Railroad (WCOR) and Industrial Waste Group (IWG) from Myles...
March 21, 2012 | Headlines, Short Line
(Source: Billings Gazette, March 21, 2012) DENTON, Mont. — Maybe the little engine that could won’t ever again. For 20 years, the roar of the Central Montana Rail echoed through this high plains valley as the aging locomotives of this scrappy nonprofit railroad...
March 20, 2012 | Headlines, Legislation, Short Line
(Source: Progressive Railroading, March 19, 2012) A one-year extension of the Section 45G short-line tax credit was not incorporated into Moving Ahead for Progress in the 21st Century Act (S. 1813), the two-year, $109 billion surface transportation bill the Senate...
March 19, 2012 | Headlines, Short Line
(Source: Anacostia Rail Holdings press release, March 19, 2012) CHICAGO — Anacostia Rail Holdings (www.anacostia.com) has appointed Eric T. Jakubowski chief commercial officer, a newly created position, and effective March 19, 2012. He is based in Chicago, where he...
March 15, 2012 | Headlines, Short Line
(Source: Genessee & Wyoming press release, March 13, 2012) GREENWICH, Conn. — On March 13, Genesee & Wyoming Inc. reported traffic volumes for February 2012. GWI’s traffic in February 2012 was 72,245 carloads, a decrease of 442 carloads, or 0.6 percent,...
March 15, 2012 | Headlines, Short Line
(Source: RailAmerica press release, March 7, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. reported that its total freight carloads in February 2012 were 69,590, up 9.9% from 63,347 in February 2011. The Company increased shipments in February 2012 in ten out of twelve...
February 17, 2012 | CN, Headlines, Short Line
(Source: Providence Journal, February 17, 2012) PROVIDENCE, R.I. — Providence and Worcester Railroad Co. and New England Central Railroad have agreed to form an alliance to try to increase business with several Canadian haulers who carry freight to New England. The...
