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Genesee & Wyoming February traffic slips
Genesee & Wyoming has reported a decline of 0.6% to 72,245 carloads, traffic volume for February. GWI's traffic in the first quarter of 2012 through February was 145,132 carloads, a decrease or…
Invensys Rail, Lilee form PTC partnership
Louisville, Ky.-based Invensys Rail Corp. said Tuesday it and Lilee Systems have joined forces to bring a new Wayside Messaging Server (WMS) to Positive Train Control (PTC) applications across North…
CREATE clears a way through Chicago
Is it logical to give a federal “high speed” grant to a snarled inner-city network where trains move at a crawl when they move at all? It makes more sense…
Railway Age names 2012 Short Line of the Year, 2012 Regional Railroad of the year
Railway Age magazine has named Vermont Railway the 2012 Short Line Railroad of the Year, and the Indiana Rail Road Co. its 2012 Regional Railroad of the Year. The awards…
Maersk Line, BNSF team for “Flagship Service”
Madison, N.J.-based Maersk Line announced on Monday its new "Flagship import service direct from Asia to five key markets in North America—Chicago, Dallas-Fort Worth, Houston, Memphis, and northwest Ohio"—in conjunction…
UP CEO Jim Young to take medical leave
Union Pacific announced Friday that James R. Young , its chairman, president, and CEO, will take a medical leave of absence from his responsibilities as president and CEO while he is being…
Metals shippers honor Union Pacific
Union Pacific has been named Logistics/Transportation Provider of the Year at the 2012 American Metals Market (AMM) Steel Tube and Pipe Conference.
Buffett praises Matt Rose leadership
If 81-year-old Warren Buffett has a short list of candidates to succeed him as head of Berkshire Hathaway, he did not directly allude to it in his annual message to shareholders, released…
New oil-gas rail terminal on tap for Texas
Kinder Morgan Energy Partners, L.P. and Martin Midstream Partners L.P. have formed a joint venture, Pecos Valley Producer Services LLC, to develop a rail terminal in Pecos, Tex., to serve…
RailAmerica, RMI sign software pact
Atlanta-based RMI Wednesday said it has reached a five-year agreement with RailAmerica, Inc. for the implementation of RMI's ExpressYard Car Repair Billing (CRB) and Operations Management Software System.
NS taps two for clean renewable diesel supply
Norfolk Southern said Tuesday that two fuel suppliers, Dynamic Fuels, LLC and Mansfield Oil Co., have signed an agreement to supply renewable diesel to the Class I railroad.
RailComm aids Indiana Railroad facility
Fairport, N.Y.-based RailComm said Monday it has been selected to provide a wireless remote control derail system for Indiana Railroad Co.'s facility in Jasonville, Ind.
Austin’s Cap Metro ponders Saturday service
Austin, Tex., may soon get weekend passenger rail service on its Red Line, if details with Capital Metro can be ironed out.
GWI reports 4Q, full-year earnings gain
Greenwich, Conn.-based Genesee & Wyoming Inc. on Wednesday reported fourth-quarter net income $33.3 million, compared with net income of $19.9 million in the fourth quarter of 2010. GWI's diluted earnings…
Thales Group lands Singapore signaling contracts
Neuilly-sur-Seine, France-based Thales Group said Monday it had landed a contract with Singapore’s SMRT Corp. Ltd.to supply its SelTrac Communications-Based Train Control (CBTC) to resignal SMRT’s North-South and East-West rail…
U.S. weekly freight traffic called “mixed”
U.S. freight carload traffic for the week ending Jan. 28, 2012 was down 2.8% compared with the fourth week of 2011, the Association of American Railroads said Thursday. By contrast,…
CP increases crude oil shipments
Canadian Pacific announced it is now shipping crude oil by rail from a new transload facility near Lloydminster, Sask. CP said the facility is a facility is a key enhancement…
Improvements spur PATH to ridership record
The bistate, trans-Hudson PATH rail system rolled to a record ridership 76.6 million trips in 2011, an achievement that the Port Authority of New York & New Jersey notes followed…
December employment up 3.44% from year ago
U.S. Class I railroads employed 159,717 workers in mid-December 2011, up 3.44% from a year earlier, though off 0.25% from November due to a seasonal drop in track maintenance employees.
Safety: A collaborative process
The FRA and the AAR’s Safety Appliance Task Force have joined forces to improve these safety-critical pieces of hardware. The FRA recently amended regulations related to safety appliance arrangements on…
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