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Northeast freight rail service returning to normal
Freight operations in the Northeast are slowly returning to normal along the destruction path left by Hurricane Sandy.
Indiana Northeastern dedicates new locomotive maintenance facility
A new locomotive maintenance facility that will serve the Indiana Northeastern Railroad, a 123-mile short line headquartered in Hillsdale, Mich., was dedicated on Friday, Oct. 26.
Iowa Pacific eyes Adirondack tourist train
Iowa Pacific Holdings, LLC and the Adirondack Rail Preservation Society (ARPS) have reached a Memorandum of Understanding to establish tourist passenger service on the Adirondack Railroad, linking its namesake state…
Iowa Pacific acquires Cape Rail, Inc.
Chicago-based Iowa Pacific Holdings, LLC Tuesday announced its acquisition of a controlling interest in Cape Rail, Inc., and its subsidiaries, Massachusetts Coastal Railroad, LLC and Cape Cod Central Railroad.
Alfred E. Michon, 75
Alfred E. Michon, president of four regional railroads who also worked with both Burlington Northern (now BNSF) and Union Pacific, died Oct. 9 at age 75.
GWI completes RailAmerica acquisition
Genesee & Wyoming Inc. Monday said it has completed its acquisition of RailAmerica, Inc., and also "entered into a new five-year Senior Secured Credit Facility comprised of a $1.875 billion…
Siding for Indiana short line is sidelined
Officials in Daviess County, Ind., have tabled a motion to approve a $2.1 million passing siding near Plainville, Ind., to be used by Indiana Southern Railroad.
Anacostia Rail Holdings promotes two
Chicago-based Anacostia & Pacific Co. Wednesday announced John K. Secor is retiring as president of the Louisville & Indiana Railroad (LIRC) at the end of October, to be succeeded by…
GWI prices Wall Street offerings
Genesee & Wyoming Inc (GWR) announced Friday that it has priced its previously announced offering of 3,500,000 shares of Class A common Stock—including 233,966 shares held by its board chairman—at $64.75 per share,…
RailAmerica carloads up in August
RailAmerica, Inc. has reported 74,813 total freight carloads for ended August, up 2.9% from 72,697 in August 2011.
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