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Rail Industry News

Railroad shares mixed at close of February 8 trading

(The Associated Press circulated the following on February 8, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: Burlington Northern rose $.02 or percent, to $99.74. CSX fell $.41 or 1.0 percent, to $42.51. Canadian National...

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Rail could be answer to I-81 gridlock, report says

(The following story by Jeff Sturgeon appeared on The Roanoke Times website on February 9, 2010.) ROANOKE, Va. — Virginia could eliminate about one in three trucks from Interstate 81 with extensive --and expensive -- rail improvements, a consultant says. Given the...

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Storms slamming surface transport

(The following story by John D. Boyd appeared on The Journal of Commerce website on February 8, 2010.) WASHINGTON, D.C. — Three days after a massive winter storm struck the mid-Atlantic region, freight transportation systems were still trying to recover to normal...

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CSX train traps 66-year-old Florida woman in her yard

(The following story by Larry Hannan appeared on the Florida Times-Union website on February 5, 2010.) CALLAHAN, Fla. — Aretha Brown is a 66-year old woman with back trouble who has had to crawl between two train cars almost every time she has left her yard this year....

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UP’s coal train loadings continued to lag in January

(The following appeared on the Progressive Railroading website on February 5, 2010.) Union Pacific Railroad’s January coal train loadings reflect lagging coal demand as utilities continue to maintain large stockpiles. Last month, the Class I loaded 975 trains in the...

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Union Pacific replacing ties in Arizona

(The following story by Paul Ingram appeared on The Arizona Daily Star website on February 6, 2010.) TUCSON, Ariz. — Like a wood pile fit for a giant, thousands of wooden railroad ties are resting in stacks each the size of a house. The ties are part of a rail line...

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Standard & Poor’s upgrades BNSF rating

(The following story by John D. Boyd appeared on The Journal of Commerce website on February 5, 2010.) WASHINGTON, D.C. — Credit evaluator Standard & Poor's Ratings Services raised its long-term ratings on debt issued by BNSF Railway, and said after acquisition by...

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Genesee & Wyoming 4Q slides; demand firms up

(The Associated Press circulated the following on February 8, 2010.) GREENWICH, Conn. — Regional freight railroad operator Genesee & Wyoming Inc. said Monday its fourth-quarter earnings fell 28 percent as a weak economy knocked down demand for the goods it hauls. But...

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Amtrak plans concern Galesburg

(The following story by John R. Pulliam appeared on The Register-Mail website on Febraury 6, 2010.) GALESBURG, Ill. — Amtrak ridership has been booming in recent years in Galesburg, staying just under the 100,000 mark in 2008 and 2009. A big question for the future is...

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Ridership up on Milwaukee-Chicago Amtrak line

(The following appeared on the Pierce County Herald website on February 7, 2010.) ELLSWORTH, Wisc. — An Amtrak spokesman says more poeple are deciding to skip the crowded highways and take the train to Chicago. Ridership on the Hiawatha service from Milwaukee was up...

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Montana’s Amtrak ridership dips

(The following story by Kim Skornogoski appeared on the Great Falls Tribune website on February 8, 2010.) GREAT FALLS, Mont. — With hands clutched tightly around their travel dollars, it should be no surprise that far fewer people rode Amtrak in Montana last year....

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Questions and answers on Ohio’s passenger train

(The Associated Press circulated the following story by Matt Leingang on February 7, 2010.) COLUMBUS, Ohio — The state is to get $400 million in federal stimulus money to restore passenger train service among its majorcities, part of a plan to build a national...

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