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Ever since Warren Buffett gave his blessing to railroads by buying one, financial analysts and pundits have been examining this 175-year-old industry for clues to its re-emergence as a savvy investor’s favorite.

Rail shipper and carrier executives convened in San Francisco recently for the annual North American Rail Shippers Association meeting. Despite the anti-rail rhetoric of a minority of rail customers—who were for the most part absent—the meeting had the atmosphere of a reunion of old friends. ...
Coal has always been extremely important to the rail industry, as highlighted by its well-earned moniker “King Coal.” Indeed, the marriage between coal and the railroads was a natural one, with railroads being the best at bulk land shipping and coal being a widely abundant natural resour ...

A Railway Age editorial I posted on line last in June 2011 about the most recent legislative attempt to break up Amtrak and privatize the pieces drew a 99% favorable response. Here’s an excerpt:

How Union Pacific achieved a record 8.6-day car cycle time. For many years, freight car shortages plagued the railroad industry.

Most global passenger rail suppliers accept a basic schism in their marketplace: Europe and most of Asia seek passenger designs based on crash avoidance. U.S. counterparts had to meet crash survivability priorities.

Representatives from CSX and New York State Thursday unveiled the state’s second ultra-low emission GenSet locomotive at an event at CSX’s Selkirk Yard. Jointly funded by the Environmental Protection Agency (EPA) and CSX, the locomotive will be used at the yard, near Albany, N.Y., signif ...
U.S. freight carload traffic fell 0.2% in the week ending June 25, 2011, the Association of American Railroads said Thursday. Counterbalancing that, U.S. intermodal volume rose 3.3% measured against the comparable week in 2010. ...
Transportation Secretary Ray LaHood Wednesday announced that transit providers will be able to compete for a share of $101.4 million in federal funding by proposing innovative projects that create “green” jobs, promote the use of clean fuels, and cut U.S. dependence on oil. The ...
Wabtec Corp. says it has acquired a transit aftermarket parts business from Erie, Pa.-based GE Transportation, which provides parts for propulsion and control systems for the passenger transit car aftermarket in North America. Wabtec expects the business, with annual sales of about $15 ...
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