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Good fourth-quarter numbers for G&W
Genesee & Wyoming Inc. on Tuesday, Feb. 10, 2015 reported improved fourth-quarter earnings and revenue, helping the company's full-year results recover from what it called a "slow start to 2014…
State completes buy of Housatonic Railroad
The Massachusetts Department of Transportation has completed its purchase of 37-miles of Housatonic Railroad right-of-way, stretching from Pittsfield, Mass., to Canaan, Conn., the railroad's headquarters city sitting just across the…
Iowa Pacific posts record 2014 results
Iowa Pacific Holdings, LLC handled record carloads and passengers in 2014, and earned record revenue.
ASLRRA IDs five for Safety Institute push
The American Short Line and Regional Railroad Association said Friday, Jan. 23, 2015 its chairman, Ed McKechnie, had announced the selection of five industry safety experts retained as assessors for…
New Orleans mulls Public Belt Railroad sale
New Orleans Mayor Mitch Landrieu is requesting commissioners of the New Orleans Public Belt Railroad, a city-owned property, to consider putting the railroad up for sale to a private-sector operator.
Railway Age seeks nominees for 2015 Short Line, 2015 Regional Railroad of the Year
Railway Age is now accepting entries for its annual Short Line/Regional Railroad of the Year competition. Short lines and regionals—and there are more than 500 of them—are invited to submit…
Reading & Northern posts record volumes in 2014
Regional railroad Reading & Northern set new records for carload volume and revenue in 2014.
Rail bottleneck relief sought for Connell, Wash.
Washington State legislators and city administrators hope to obtain federal funding to reconfigure and improve a 100-year-old railroad interchange at Connell, Wash., to relieve a bottleneck in the movement of…
STB: Massachusetts can buy short line assets
The Surface Transportation Board on Wednesday, Dec. 24, 2014 gave preliminary approval to Massachusetts Department of Transportation (MassDOT) to acquire "certain physical railroad assets" from Canaan, Conn.-based short line Housatonic…
45 G tax credit extended through 2014
U.S. Senate approval Tuesday, Dec. 16, 2014, of 45-G, by a 76-to-16 vote, has assured passage of the measure, part of H.R. 5771, The Tax Increase Prevention Act of 2014, and…
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