Finance/Leasing

The view from the top  Before we move on to our CEO interviews, we thought it might be appropriate to reflect upon an event that has been reported in the…
CSX Corp., a Wall Street favorite because of its high earnings and low operating ratio, announced moves today that are likely to strengthen its appeal to investors. CSX announced that…
Virginia’s plans to expand Amtrak passenger rail service to Norfolk, Va., will be pursued without sacrificing Amtrak’s current route through the state’s Tidewater region, which terminates at Newport News, on…
The economic downturn brought a great deal of hardship to carriers across the supply chain. Many shippers took the opportunity to re-bid their trucking contracts out of cycle, placing even…
These are tough times for prognosticators—especially those of us who have been doing it for decades in the rail industry. In the case of this writer, it has been almost…

Communities lining Ontario’s North Shore are racing to beat an Aug. 15 deadline to preserve freight rail service on the Huron Central Railway, linking Sault Ste. Marie and Sudbury. A committee formed to implement a rescue plan says any measure would require infrastructure investment by senior levels of the provincial government.

--> Communities lining Ontario’s North Shore are racing to beat an Aug. 15 deadline to preserve freight rail service on the Huron Central Railway, linking Sault Ste. Marie and Sudbury. A…

Federal funds may provide the fiscal spark for a streetcar line in Milwaukee denied the city by state and county planners. Wisconsin U.S. Senators Herb Kohl and David Obey, both Democrats, inserted language in the recently passed $410 billion federal omnibus spending bill identifying $91.5 million for Milwaukee, with roughly $55 million (60%) of that targeted for launching a streetcar project.

--> Federal funds may provide the fiscal spark for a streetcar line in Milwaukee denied the city by state and county planners. Wisconsin U.S. Senators Herb Kohl and David Obey, both…

Three years after an initial construction attempt was aborted, the 1.3-mile Anacostia streetcar line in southeastern Washington, D.C., is nearing a construction start, according to the District Department of Transportation.

--> Three years after an initial construction attempt was aborted, the 1.3-mile Anacostia streetcar line in southeastern Washington, D.C., is nearing a construction start, according to the District Department of Transportation.
Electro-Motive Diesel Inc. plans to eliminate 347 jobs at its McCook, Ill., plant as early as April, according to a layoff notice filed with the state of Illinois. The move…

Gov. David A. Paterson Monday released the 2009 New York State Rail Plan with a "comprehensive strategy forsupporting freight and intercity passenger rail service."

--> Gov. David A. Paterson Monday released the 2009 New York State Rail Plan with a "comprehensive strategy forsupporting freight and intercity passenger rail service."
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