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GWI 1Q net income rises modestly
Genesee & Wyoming Inc. early Tuesday reported net income in the first quarter of 2012 of $22.2 million, up from $22.1 million in the first quarter of 2011. GWI's diluted…
Progress Rail sets short line locomotive pact
Progress Rail Services Corp. says it has reached an agreement with Exeter, Calif.-based San Joaquin Valley Railroad, a RailAmerica subsidiary, to supply four repowered, low-emissions PR30B locomotives.
RailAmerica: Operating income up 57%
RailAmerica, Inc. reported late Wednesday that first-quarter revenue increased 15% to $143.4 million from $124.9 million in the first quarter last year. 2011. Freight revenue increased 10% to $107.8 million with average revenue…
Hoback accepts Regional Railroad of the Year award
Indiana Rail Road Company (INRD) President and Chief Executive Officer Tom Hoback accepted Railway Age’s 2012 “Regional Railroad of the Year” award at the American Short Line and Regional Railroad…
CN weighs acquiring Ontario Northern
CN Wednesday gave indications that it might be interested in purchasing Ontario Northern Railroad operations in whole or part.
Oklahoma short line gets trackage rights
The Surface Transportation Board Wednesday announced approval of a trackage rights exemption sought be WFEC Railroad Co. "to grant limited nonexclusive overhead trackage rights to Kiamichi Railroad LLC (KRR), over…
Saskatchewan announces short line grants
Saskatchewan's provincial government Monday announced C$700,000 in grants distributed among 11 short line railroads through its Shortline Railway Sustainability Program.
GWI traffic declines in March, 1Q
Greenwich, Conn.-based Genesee & Wyoming, Inc. said Friday its March 2012 traffic volume fell 13.6% compared with the same month a year ago. As well, GWI's first-quarter traffic volume declined,…
Merchandise commodity trends not encouraging
A question that’s been bugging me of late has to with what the short line scene will look like in 2016. I’m looking strictly at the commodities where most non-Class…
RailAmerica completes acquisition
Jacksonville, Fla.-based RailAmerica, Inc. announced that it has completed the acquisition of a 20% interest in the Wellsboro & Corning Railroad and Industrial Waste Group from Myles Group for approximately…
Georgia DOT seeks abandonment exemption
The George Department of Transportation has filed with the Surface Transportation Board for an Abandonment Exemption, in order "to abandon a 3.12-mile line of railroad between milepost 469.15 and milepost…
TRANSCAER awards honor Class I’s, short line
TRANSCAER® (Transportation Community Awareness and Emergency Response) has honored several Class I railroads, and one short line, with the organization's 2011 National Awards.
Reactivation of Arkansas short line sought
North Louisiana & Arkansas Railroad, Inc. (NLA) has petitioned the Surface Transportation Board for authority to lease and operate a 21.8-mile line of railroad extending from a point near Lake Village…
Obituary: Frederick A. Winkler, 83
Frederick A. Winkler, general agent of the Winchester & Western Railroad and a powerful voice within New Jersey railroading, died peacefully at his home in Clarksboro, N.J., on March 24,…
For sale: Ontario Northland Railroad
Ontario's provincial government intends to end fiscal support of Ontario Northland Transportation Commission, which oversees the Ontario Northland Railroad, which receives C$103 million a year in provincial fiscal support.
FEC plots passenger rail service operation
Florida East Coast Industries, Inc., is developing a plan to own and operate passenger rail service between South Florida and Orlando.
RailComm names Michael Dampier VP
Fairport, N.Y.-based RailComm on Thursday announced that Michael Dampier has joined the company as vice president of Sales and Marketing. Dampier will be based in Jacksonville, Fla.
CSX Short Line Workshop excels
The 23d Annual CSX Short Line Workshop was yet another standard-setter in terms of content, delivery, and overall message. The emphasis throughout was more on customer service than the mechanical…
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…
House may ponder Senate surface transport bill
Speaker of the House John Boehner (R-Ohio) on Thursday suggested the House majority might consider the Senate version of a surface transportation bill, following the collapse of support (even among…
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