October 13, 2011 | Headlines, Short Line
(Source: Market Watch, October 13, 2011) NEW YORK — Genesee & Wyoming Inc.’s carload traffic continued its rise in its third quarter and through September, marking the railroad operator’s 19th straight month of year-over-year gains. Full story: Market...
October 13, 2011 | Headlines, Short Line
(Source: Market Watch, October 13, 2011) NEW YORK — Genesee & Wyoming Inc.’s carload traffic continued its rise in its third quarter and through September, marking the railroad operator’s 19th straight month of year-over-year gains. Full story: Market...
September 6, 2011 | Headlines, Short Line
(Source: Journal of Commerce, September 2, 2011) WASHINGTON, D.C. — Short line and regional railroads saw total shipments rise 3.4 percent in the final week of August, the Journal of Commerce reported. Full story: www.joc.com
September 2, 2011 | Headlines, Short Line
(Source: Genesee & Wyoming press release, September 1, 2011) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) announced that it has completed its acquisition of the Arizona Eastern Railway (AZER) from Iowa Pacific Holdings, LLC for $90.1 million in cash,...
August 18, 2011 | Headlines, Short Line
(Source: Journal of Commerce, August 17, 2011) WASHINGTON, D.C. — According to the Journal of Commerce, RailAmerica said it expects to handle more than 25,000 additional annual carloads thanks to the expansion of business by 34 of its customers. Full story:...
August 12, 2011 | Headlines, Short Line
(Source: Nashoba Publishing, August 12, 2011) BOSTON — At $500,000, it was touted as the largest corporate criminal fine in Massachusetts state history. An appeals court upheld the ruling this week against Pan Am Railways and its subsidiaries, Springfield Terminal...
August 11, 2011 | Headlines, Short Line
(Source: Genesee & Wyoming press release, August 11, 2011) GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) today reported traffic volumes for July 2011. GWI’s traffic in July 2011 was 85,199 carloads, an increase of 11,952 carloads, or 16.3 percent,...
August 11, 2011 | Headlines, Short Line
(Source: RailAmerica press release, August 10, 2011) JACKSONVILLE, Fla. — RailAmerica, Inc. today reported that its total freight carloads for the month ended July 31, 2011 were 68,727, down 6.8% from 73,739 in July 2010. Lower coal shipments were the main reason for...
July 29, 2011 | Headlines, Short Line
(Source: Journal of Commerce, July 28, 2011) WASHINGTON, D.C. — RailAmerica posted an $8.7 million profit for the second quarter of 2011. The operator of 43 small railroads in the U.S. and Canada had posted a $4.2 million loss a year earlier. Full story: Journal of...
July 26, 2011 | Headlines, Short Line
(Source: Twin Cities & Western Railroad press release, July 25, 2011) GLENCOE, Minn. — The Twin Cities & Western Railroad marks its 20th anniversary on July 26. Since beginning operations in 1991, the 229-mile railroad reports employment has more than...
