Rail Industry News
$95 million Norfolk Southern facility on track to open in 2012
(Source: Herald-Mail, October 18, 2011) GREENCASTLE, Pa. — Work on a new Norfolk Southern rail-truck facility has caused several roads to close permanently in Greencastle, Pa. The facility is designed to aid in the shipment of containerized freight and is on target to...
Norfolk Southern to start hiring in Greencastle late 2012
(Source: Chambersburg Public Opinion, October 18, 2011) GREENCASTLE, Pa. — Norfolk Southern plans to begin most of its hiring in late 2012 for a new rail facility near Greencastle. The intermodal terminal is expected to initially employ 126 people. Full story:...
Norfolk Southern to start hiring in Greencastle late 2012
(Source: Chambersburg Public Opinion, October 18, 2011) GREENCASTLE, Pa. — Norfolk Southern plans to begin most of its hiring in late 2012 for a new rail facility near Greencastle. The intermodal terminal is expected to initially employ 126 people. Full story:...
DOT, Dept. of Commerce partner to boost domestic manufacturing
(Source: U.S. Department of Transportation press release, October 18, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood and Acting Commerce Secretary Rebecca Blank today announced a partnership to encourage the creation of domestic manufacturing jobs...
DOT, Dept. of Commerce partner to boost domestic manufacturing
(Source: U.S. Department of Transportation press release, October 18, 2011) WASHINGTON, D.C. — U.S. Transportation Secretary Ray LaHood and Acting Commerce Secretary Rebecca Blank today announced a partnership to encourage the creation of domestic manufacturing jobs...
GE locomotive unit plans $131 million in new investments
(Source: Reuters, October 18, 2011) ERIE, Pa. — General Electric Co's railroad locomotive unit unveiled plans on Tuesday to invest $131 million in Pennsylvania and Texas to allow it to build more locomotives as well as equipment used in mining vehicles, the largest...
GE locomotive unit plans $131 million in new investments
(Source: Reuters, October 18, 2011) ERIE, Pa. — General Electric Co's railroad locomotive unit unveiled plans on Tuesday to invest $131 million in Pennsylvania and Texas to allow it to build more locomotives as well as equipment used in mining vehicles, the largest...
Freight railroad CSX says 3Q profit, revenue rise
(Source: Associated Press, October 18, 2011) JACKSONVILLE, Fla. — Higher shipping rates on everything from coal to cars boosted the third-quarter profit of freight railroad CSX Corp. CSX reported a 12 percent increase in net income to $464 million, or 43 cents per...
Freight railroad CSX says 3Q profit, revenue rise
(Source: Associated Press, October 18, 2011) JACKSONVILLE, Fla. — Higher shipping rates on everything from coal to cars boosted the third-quarter profit of freight railroad CSX Corp. CSX reported a 12 percent increase in net income to $464 million, or 43 cents per...
Railroad remain profitable despite recession
(Source: Great Falls Tribune, October 15, 2011) GREAT FALLS, Mont. — Throughout the recession, railroads have been successful at increasing their revenue, a rail expert said Friday at the Montana Farmers Union Annual Meeting & Convention. Railroads have been able to...
Railroad remain profitable despite recession
(Source: Great Falls Tribune, October 15, 2011) GREAT FALLS, Mont. — Throughout the recession, railroads have been successful at increasing their revenue, a rail expert said Friday at the Montana Farmers Union Annual Meeting & Convention. Railroads have been able to...
Railroads predicting they will hire 15,000 new workers in 2012
(Source: ABC News, October 12, 2011) NEW YORK — Due to an improving economy and an aging workforce, the railroad industry is estimating that it will hire 15,000 people in 2012. Full story: ABC News
Railroads predicting they will hire 15,000 new workers in 2012
(Source: ABC News, October 12, 2011) NEW YORK — Due to an improving economy and an aging workforce, the railroad industry is estimating that it will hire 15,000 people in 2012. Full story: ABC News
CP Rail to use new rail product to create intermodal opportunities
(Source: Canadian Pacific Railway press release, October 17, 2011) TORONTO, Ontario — Canadian Pacific will be the exclusive Canadian rail transportation provider for Contrans, using innovative Raildecks multimodal flat rack containers. The agreement extends the...
CP Rail to use new rail product to create intermodal opportunities
(Source: Canadian Pacific Railway press release, October 17, 2011) TORONTO, Ontario — Canadian Pacific will be the exclusive Canadian rail transportation provider for Contrans, using innovative Raildecks multimodal flat rack containers. The agreement extends the...
Minot Amtrak depot to reopen within weeks
(Source: Associated Press, October 17, 2011) MINOT, N.D. — Amtrak hopes to reopen the depot in Minot and restore passenger service to the city by Thanksgiving. Minot has been without Amtrak service because of major flooding earlier this year. Full story: The...
Minot Amtrak depot to reopen within weeks
(Source: Associated Press, October 17, 2011) MINOT, N.D. — Amtrak hopes to reopen the depot in Minot and restore passenger service to the city by Thanksgiving. Minot has been without Amtrak service because of major flooding earlier this year. Full story: The...
Construction of crude oil rail shipping terminals picks up speed
(Source: Minot Daily News, October 18, 2011) MINOT, N.D. — As the volume of crude oil pumped out of the Bakken continues to set records, oil companies are increasingly investing in rail facilities to move their product to market. Full story: Minot Daily News
Construction of crude oil rail shipping terminals picks up speed
(Source: Minot Daily News, October 18, 2011) MINOT, N.D. — As the volume of crude oil pumped out of the Bakken continues to set records, oil companies are increasingly investing in rail facilities to move their product to market. Full story: Minot Daily News
Amtrak leasing N.Y. track corridor from CSX
(Source: Albany Times Union, October 18, 2011) RENSSELAER, N.Y. — In what's being called an "historic" agreement, Amtrak plans to lease 100 miles of track and right-of-way between Poughkeepsie and Schenectady from CSX Corp., essentially taking control of the corridor....
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