February 15, 2012 | Headlines, Short Line
(Source: Progressive Railroading, February 14, 2012) RailAmerica Inc. reported January carloads totaling 71,737, up 4 percent compared with January 2011. Same-railroad carloads increased 3.2 percent. Meanwhile, Genesee & Wyoming Inc. (GWI) yesterday reported...
February 10, 2012 | Headlines, Short Line
(Source: RailAmerica press release, February 8, 2012) JACKSONVILLE, Fla. — On February 8, RailAmerica, Inc. reported financial results for the quarter ended December 31, 2011. Fourth quarter 2011 revenue increased 15% to $147.3 million from $127.6 million in the...
February 9, 2012 | Headlines, Short Line
(Source: Genesee & Wyoming press release, February 8, 2012) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) reported net income in the fourth quarter of 2011 of $33.3 million, compared with net income of $19.9 million in the fourth quarter of 2010....
February 3, 2012 | Headlines, Short Line
(Source: Journal of Commerce, February 2, 2012) WASHINGTON, D.C. — According to the Journal of Commerce, short line operator RailAmerica acquired a Michigan short line railroad, a Northeast short line railroad and a transload operator for $58 million. Full story:...
February 2, 2012 | Headlines, Short Line
(Source: RailAmerica press release, February 1, 2012) JACKSONVILLE, Fla. — RailAmerica announced that it has signed an agreement to acquire a seventy-percent interest in the Wellsboro and Corning Railroad (“WCOR”) and Industrial Waste Group...
February 1, 2012 | Headlines, Short Line
(Source: Janesville Gazette, February 1, 2012) JANESVILLE, Wisc. — Thousands of tons of plastic pellets and animal feed will begin flowing to local companies on the Wisconsin & Southern Railroad in the coming year, the railroad told The Gazette. Full story:...
January 16, 2012 | Headlines, Short Line
(Source: Genessee & Wyoming press release, January 13, 2012) GREENWICH, Conn. — Genesee & Wyoming Inc. reported traffic volumes for December 2011 and the fourth quarter of 2011. GWI’s traffic in December 2011 was 82,009 carloads, an increase of 524 carloads,...
January 12, 2012 | Headlines, Short Line
(Source: RailAmerica press release, January 11, 2012) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads for the month ended December 31, 2011 were 70,889 down 0.4% from 71,209 in December 2010. The Company increased shipments in...
December 14, 2011 | Headlines, Short Line
(Source: RailAmerica press release, December 13, 2011) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads for the month ended November 30, 2011 were 69,541, down 2.6% from 71,419 in November 2010. The Company increased shipments in...
December 14, 2011 | Headlines, Short Line
(Source: RailAmerica press release, December 13, 2011) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads for the month ended November 30, 2011 were 69,541, down 2.6% from 71,419 in November 2010. The Company increased shipments in...
