July 1, 2010 | Headlines, Short Line
(RailAmerica issued the following on June 30, 2010.) JACKSONVILLE, Fla. — RailAmerica announced that it has reached an agreement to acquire Atlas Railroad Construction Company (Atlas) and related assets for $21.5 million in cash plus closing adjustments for working...
June 29, 2010 | Headlines, Short Line
(The Associated Press circulated the following on June 28, 2010.) WASHINGTON, D.C. — Genesee & Wyoming Inc., a regional freight railroad operator, spent $200,000 in the first quarter lobbying the federal government. That’s above the $190,000 Genessee &...
June 28, 2010 | Headlines, Short Line
(The Pacific Harbor Line issued the following on June 28, 2010.) WILMINGTON, Calif. — Pacific Harbor Line said today that M. D. “Mike” Stolzman, vice president, has been promoted to president, succeeding Andrew C. Fox, who is promoted to managing director, a newly...
June 23, 2010 | Headlines, Short Line, STB
(The Surface Transportation Board issued the following on June 22, 2010.) WASHINGTON, D.C. — The federal Surface Transportation Board announced today that it will hold a public hearing in Presque Isle, Maine, on Wednesday, July 7, 2010, to allow interested persons to...
June 9, 2010 | Headlines, Short Line
(Reuters circulated the following on June 9, 2010.) NEW YORK — U.S. railroad operator Genesee & Wyoming Inc (GWR.N) agreed to buy Australia’s FreightLink for A$334 million (about $277.2 million) to expand its operations in the mineral-rich country....
June 2, 2010 | Headlines, Short Line
(The following appeared on the Progressive Railroading website on June 1, 2010.) On Friday, the House passed the Tax Extenders Act of 2009 (H.R. 4213), which includes a one-year (tax-year 2010) extension of the Section 45G railroad track maintenance credit that...
June 1, 2010 | CSX, Headlines, Short Line
(The following story by Mark Basch appeared on the Florida Times-Union website on May 29, 2010.) JACKSONVILLE, Fla. — The Florida East Coast Railway announced Friday that James Hertwig will become president and CEO of the company, effective July 1. Hertwig was...
May 27, 2010 | Headlines, Short Line
(The following appeared on the Progressive Railroading website on May 26, 2010.) Yesterday, Rep. Lynn Jenkins (R-Kan.) addressed the House and voiced support for extending short lines’ tax credits, which expired at 2009’s end. Congress needs to “find a responsible way...
May 21, 2010 | Headlines, Short Line
(The following story by Roger Harris appeared on the Knoxville News-Sentinel website on May 20, 2010.) KNOXVILLE, Tenn. — National Coal Corp. said today its wholly-owned subsidiary NC Railroad Inc has sold a short-line railroad that runs between Oneida and Devonia,...
May 21, 2010 | Headlines, Short Line
(The Associated Press circulated the following on May 20, 2010.) MADISON, Wis. — The head of the Wisconsin and Southern Railroad Company is apologizing for using company money to reimburse employee’s political donations to Republican candidate for governor Scott...
