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RailAmerica profit off 10 percent on housing slowdown

(Reuters circulated the following article on October 31.) CHICAGO — U.S. short-line railroad operator RailAmerica Inc. on Tuesday said quarterly net profit fell 10 percent as the slowdown in the U.S. housing market resulted in fewer lumber shipments. The Boca...

RailAmerica profit off 10 percent on housing slowdown

(Reuters circulated the following article on October 31.) CHICAGO — U.S. short-line railroad operator RailAmerica Inc. on Tuesday said quarterly net profit fell 10 percent as the slowdown in the U.S. housing market resulted in fewer lumber shipments. The Boca...

Federal loan guarantee to railroad raises eyebrows

(The following article by Joel Havemann was posted on the Los Angeles Times website on October 30.) WASHINGTON — When John Thune, a congressman from South Dakota, narrowly lost a bid for the Senate in 2002, his career followed a familiar pattern: He became a...

Federal loan guarantee to railroad raises eyebrows

(The following article by Joel Havemann was posted on the Los Angeles Times website on October 30.) WASHINGTON — When John Thune, a congressman from South Dakota, narrowly lost a bid for the Senate in 2002, his career followed a familiar pattern: He became a...

RailAmerica reports September carloads

(RailAmerica issued the following news release on October 12.) BOCA RATON, Fla. — RailAmerica, Inc. today reported its freight carloads for the month ended September 30, 2006. Total carloads for September 2006 were 100,385, down 7,185 carloads, or 6.7%, from...

RailAmerica reports September carloads

(RailAmerica issued the following news release on October 12.) BOCA RATON, Fla. — RailAmerica, Inc. today reported its freight carloads for the month ended September 30, 2006. Total carloads for September 2006 were 100,385, down 7,185 carloads, or 6.7%, from...

DM&E begins acquiring land

(The following article by Kate Turnbow was posted on the Capital Journal website on October 12.) HERMOSA, S.D. — The Dakota, Minnesota, and Eastern Railroad has officially begun the process of acquiring the land it needs to build new track by sending letters to...

DM&E begins acquiring land

(The following article by Kate Turnbow was posted on the Capital Journal website on October 12.) HERMOSA, S.D. — The Dakota, Minnesota, and Eastern Railroad has officially begun the process of acquiring the land it needs to build new track by sending letters to...

Outrage over DM&E railroad ownership rises

(The following article by Kate Turnbow was posted on the Capital Journal website on October 12.) PIERRE, S.D. — The ownership of the Dakota, Minnesota, and Eastern Railroad has been an enigma for those affected by the railroad’s expansion through Wyoming...

Outrage over DM&E railroad ownership rises

(The following article by Kate Turnbow was posted on the Capital Journal website on October 12.) PIERRE, S.D. — The ownership of the Dakota, Minnesota, and Eastern Railroad has been an enigma for those affected by the railroad’s expansion through Wyoming...