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FEC cashes in on Florida airport project
The Ft. Lauderdale/Hollywood airport runway extension project in Broward County is producing a mini-boom in traffic for Florida East Coast Railway.
GWI plans rail line in Labrador Trough
Genesee & Wyoming Inc. and a new subsidiary, KeRail Inc., have entered into an agreement with Tata Steel Minerals Canada Ltd. (TSMC) for KeRail to provide transportation for the 4.2…
GWI Australia buys key freight terminal
Greenwich, Conn.-based Genesee & Wyoming Inc. announced Wednesday that subsidiary Genesee & Wyoming Australia Pty Ltd. (GWA) purchased an intermodal and freight terminal in Alice Springs, Northern Territory, from Asciano…
STB keeps rate-case fees low
The Surface Transportation Board's latest update of fees shippers must pay to file cases and pleadings, released Friday, contains some increases but leaves unchanged the current $350 fee charged shippers…
RailAmerica 2Q profit rises on higher revenue
RailAmerica, Inc. has reported second-quarter 2012 net income of $11.4 million, or 23 cents per diluted share, compared to net income of $8.7 million, or 17 cents per diluted share, in…
GWI set to acquire RailAmerica, Inc.
Greenwich, Conn.-based Genesee & Wyoming Inc. said Monday it has entered into an agreement to acquire Jacksonville, Fla.-based RailAmerica, Inc. The all-cash acquisition, at $27.50 per share, would amount to…
ASLRRA: 51 Senate cosponsors for tax credit
The American Short Line and Regional Railroad Association (ASLRRA) Friday said it had reached a major milestone "by securing the 51st Senate co-sponsor of legislation to extend the short line…
OmniTRAX's Mike Ogborn to retire
Transportation management company OmniTRAX, Inc. said late Thursday that Managing Director and Executive Vice President Mike Ogborn will retire. No specific date was given.
For RRV&W, a 25th anniversary
July 19, 2012 marks the 25th anniversary of Red River Valley & Western Railroad Co. (RRV&W), based in Wahpeton, N.D., the regional railroad announced Tuesday.
GWI releases 2Q freight traffic report
Greenwich, Conn.-based Genesee & Wyoming, Inc. Monday released its freight traffic results for the second quarter, noting total freight carload traffic fell 6.9% compared with the second quarter of 2011.
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