November 12, 2009 | Headlines, Short Line
(Rail America, Inc. issued the following on November 11, 2009.) JACKSONVILLE, Fla. — RailAmerica, Inc. (NYSE: RA) today reported third quarter 2009 earnings from continuing operations of $3.5 million or $0.08 per diluted share, compared to $2.0 million or $0.05 per...
November 4, 2009 | Headlines, Short Line
(The following appeared on the Progressive Railroading website on November 3, 2009.) In the third quarter, Genesee & Wyoming Inc.’s (GWI) total revenue declined 14.4 percent to $136.4 million compared with third-quarter 2008’s total primarily because of the...
October 23, 2009 | Headlines, Short Line
(Global Rail Systems issued the following on October 22, 2009.) MARLIN, Texas — Global Rail Systems, Inc. (www.globalrailsystems.com), a Marlin, Texas-based railroad automation company, said today that Vossloh has acquired a majority interest in the company, effective...
October 21, 2009 | Headlines, Short Line
(The following appeared on the Progressive Railroading website on October 20, 2009.) American Short Line and Regional Railroad Association (ASLRRA) lobbyists are closer to their congressional co-sponsorship goals for the Short Line Rehabilitation Tax Credit bill (H.R....
October 13, 2009 | Headlines, Short Line
(The Associated Press circulated the following on October 13, 2009.) GREENWICH, Conn. — Regional freight railroad operator Genesee & Wyoming Inc. said that September traffic fell about 2 percent as shipments of minerals and stone, pulp and paper, lumber and...
October 12, 2009 | Headlines, Short Line
(Dow Jones circulated the following story by Lynn Cowan on October 12, 2009.) NEW YORK — The economy hasn’t been kind to railroads in the past year, but RailAmerica Inc. is chugging full steam ahead this week with an IPO that is riding on investors’...
October 9, 2009 | Headlines, NS, Short Line
(The following story by Eric Anderson appeared on the Albany Times-Union website on October 9, 2009.) STILLWATER, N.Y. — Richard Chapman is clear on one thing: He doesn’t oppose the $40 million intermodal railyard to be built across the road from his home. What...
September 29, 2009 | Headlines, Short Line
(The Associated Press circulated the following story by Michael J. Crumb on September 28, 2009.) DES MOINES, Iowa — More than a year after record flooding wiped out 17 railroad bridges and hundreds of miles of track in Iowa, officials say repairs are almost done. Gov....
September 25, 2009 | Headlines, Short Line
(The following story by Pratik Joshi appeared on the Tri-City Herald website on September 25, 2009.) KENNEWICK, Wash. — A sister company of Tri-City & Olympia Railroad Co. has signed an agreement with Gen-X Energy Group to build a new facility in Richland to make...
September 24, 2009 | Headlines, Short Line
(The following story by Eric Anderson appeared on the Albany Times Union website on September 24, 2009.) ALBANY, N.Y. — Pan Am Southern railroad, which wants to build an intermodal yard here, will show the town planning board and residents how it plans to deal with...
