June 12, 2009 | Headlines, Short Line
(The following story by John Hacker appeared on the Carthage Press website on June 11, 2009.) JEFFERSON CITY, Mo. — Federal money, funneled through the Missouri Department of Transportation will help a Carthage railroad company recover losses from flood damage in...
June 11, 2009 | Headlines, Short Line
(The Associated Press circulated the following on June 11, 2009.) GREENWICH, Conn. — Railroad company Genesee & Wyoming Inc. lowered its second-quarter forecasts for earnings from continuing operations and revenue on Thursday, citing declining traffic. The...
June 10, 2009 | Headlines, Short Line
(The following story by Leo King appeared on The Examiner website on June 10, 2009.) JACKSONVILLE, Fla. — The Federal Railroad Administration (FRA) awarded $15 million to nine states two weeks ago for emergency repairs to damaged short-line railroads resulting from...
April 30, 2009 | Headlines, Short Line
(Reuters circulated the following on April 29, 2009.) Railroad operator Genesee & Wyoming Inc (GWR.N) reported a 34 percent rise in quarterly profit helped mainly by cost cuts, beating Wall Street estimates. For the first quarter, net income rose to $13.9...
April 29, 2009 | Canada, Headlines, Short Line
(The following story by Jennifer Hamilton-McCharles appeared on the North Bay Nugget website on April 29, 2009.) NORTH BAY, Ontario — The future looks bleak for a short-line railway that has lost most of its business and has few future prospects, says a union...
April 28, 2009 | Headlines, Short Line
(The following story by Max R. Mitchell appeared on the Watertown Daily Times website on April 28, 2009.) MADRID, N.Y. — Four freight cars carrying salt derailed about 3 p.m. Friday, about a mile off Buck Road on the New York and Ogdensburg Railway line. Jerome M....
April 28, 2009 | Canada, Headlines, Short Line
(The Ottawa Valley Railway issued the following press release on April 27, 2009.) NORTH BAY, Ontario — Reacting to a major decrease in business, the Ottawa Valley Railway (OVR), a RailAmerica property, has issued lay-off notices to approximately 30 affected employees....
April 28, 2009 | Headlines, Short Line
(The Dakota, Minnesota & Eastern Railroad issued the following on April 27, 2009.) SIOUX FALLS, S.D. — Dakota, Minnesota, and Eastern Railroad (DM&E) employees will join their counterparts at Canadian Pacific and pause to honor workers who have perished or...
April 16, 2009 | Headlines, Short Line, UP
(The Associated Press circulated the following on April 15, 2009.) PORTLAND, Ore. — The Wallowa-Union Railroad has gotten a little new business as a result of the recession. The Oregon railroad has signed a deal with Union Pacific Railroad to store surplus rail cars...
April 2, 2009 | Headlines, NS, Short Line
(The office of Massachusetts Attorney General Martha Coakley issued the following on April 1, 2009.) WOBURN, Mass. — A New Hampshire railway company, and three of its subsidiaries, were sentenced yesterday to three years of probation and ordered to pay criminal fines...
