Rail Industry 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....
CSX expected to release higher quarterly earnings later today
(Source: Forbes, October 17, 2011) NEW YORK — CSX is expected to report greater revenues and higher earnings year-over-year when the company releases its third quarter financial reports after the close of business today, October 18. Full story: www.forbes.com
CSX expected to release higher quarterly earnings later today
(Source: Forbes, October 17, 2011) NEW YORK — CSX is expected to report greater revenues and higher earnings year-over-year when the company releases its third quarter financial reports after the close of business today, October 18. Full story: www.forbes.com
High-speed train could benefit Canadian economy
(Source: Montreal Gazette, October 18, 2011) MONTREAL — A study into the feasibility of a high-speed train link in the Windsor-Quebec City corridor shows the project could benefit the entire Canadian economy. Full story: Montreal Gazette
High-speed train could benefit Canadian economy
(Source: Montreal Gazette, October 18, 2011) MONTREAL — A study into the feasibility of a high-speed train link in the Windsor-Quebec City corridor shows the project could benefit the entire Canadian economy. Full story: Montreal Gazette
Plan for U.S. high-speed rail just inching along
(Source: Wall Street Journal, October 17, 2011) NEW YORk — The Obama administration's push for high-speed trains is foundering, as Congress moves to clamp down on funding and a showcase California project encounters new hurdles. Full story: Wall Street Journal
Plan for U.S. high-speed rail just inching along
(Source: Wall Street Journal, October 17, 2011) NEW YORk — The Obama administration's push for high-speed trains is foundering, as Congress moves to clamp down on funding and a showcase California project encounters new hurdles. Full story: Wall Street Journal
DOT announces $928.5 million to put Americans back to work on infrastructure improvements
(Source: U.S. Department of Transportation press release, October 17, 2011) DETROIT, Mich. — U.S. Transportation Secretary Ray LaHood today announced that transit providers across the nation will receive a share of $928.5 million in federal funds for more than 300...
DOT announces $928.5 million to put Americans back to work on infrastructure improvements
(Source: U.S. Department of Transportation press release, October 17, 2011) DETROIT, Mich. — U.S. Transportation Secretary Ray LaHood today announced that transit providers across the nation will receive a share of $928.5 million in federal funds for more than 300...
BNSF sees positive signs in freight numbers
(Source: Register-Mail, October 14, 2011) GALESBURG, Ill. — There are two pieces of good news for the BNSF Railway as it enters the fall peak shipping season. In late September, the railroad, which has its second largest classification yard in Galesburg, shipped more...
BNSF sees positive signs in freight numbers
(Source: Register-Mail, October 14, 2011) GALESBURG, Ill. — There are two pieces of good news for the BNSF Railway as it enters the fall peak shipping season. In late September, the railroad, which has its second largest classification yard in Galesburg, shipped more...
CSX freight yard expansion in Worcester on track
(Source: Worcester Telegram, October 16, 2011) WORCESTER, Mass. — CSX is moving its operations out of the Allston area of Boston, with much of that freight business coming to Worcester. The Worcester yard is being expanded from 58 to 79 acres. CSX says the Worcester...
CSX freight yard expansion in Worcester on track
(Source: Worcester Telegram, October 16, 2011) WORCESTER, Mass. — CSX is moving its operations out of the Allston area of Boston, with much of that freight business coming to Worcester. The Worcester yard is being expanded from 58 to 79 acres. CSX says the Worcester...
CSX muscles in on Norfolk Southern’s cargo business
(Source: Virginian-Pilot, October 17, 2011) NORFOLK, Va. — For decades, Norfolk Southern Corp. has controlled all but a tiny sliver of the containerized cargo moving to and from the port of Hampton Roads by rail. That's about to change. CSX Corp., the nation's...
CSX muscles in on Norfolk Southern’s cargo business
(Source: Virginian-Pilot, October 17, 2011) NORFOLK, Va. — For decades, Norfolk Southern Corp. has controlled all but a tiny sliver of the containerized cargo moving to and from the port of Hampton Roads by rail. That's about to change. CSX Corp., the nation's...
Amtrak looks to improve Silver Star that runs through Tampa
(Source: Tampa Tribune, October 16, 2011) TAMPA, Fla. — Amtrak has set modest goals for improving the Silver Star and its 14 other long-distance trains. A major one will be phased in starting in 2013, when 130 new long distance cars replace old ones on trains east of...
Amtrak looks to improve Silver Star that runs through Tampa
(Source: Tampa Tribune, October 16, 2011) TAMPA, Fla. — Amtrak has set modest goals for improving the Silver Star and its 14 other long-distance trains. A major one will be phased in starting in 2013, when 130 new long distance cars replace old ones on trains east of...
LaHood: Some Republicans block transportation issues to hurt Obama
(Source: Journal of Commerce, October 14, 2011) WASHINGTON, D.C. — Transportation Secretary Ray LaHood ripped into newly elected Republicans Friday for blocking efforts to launch a new infrastructure program, saying they want to keep President Obama from having...
LaHood: Some Republicans block transportation issues to hurt Obama
(Source: Journal of Commerce, October 14, 2011) WASHINGTON, D.C. — Transportation Secretary Ray LaHood ripped into newly elected Republicans Friday for blocking efforts to launch a new infrastructure program, saying they want to keep President Obama from having...
Amtrak’s Illinois routes see increased ridership
(Source: Register-Mail, October 14, 2011) GALESBURG, Ill. — Amtrak's record ridership figures showed a healthy increase in riders on the Illinois Zephyr and Carl Sandburg state-supported routes through Galesburg. Ridership on the routes was up nearly 7 percent over...
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