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GWI traffic slumps in May
Greenwich, Conn.-based Genesee & Wyoming Inc. Wednesday said its May traffic volume declined 4.6% compared with May 2011.
Short line infrastructure grows for nat gas access
Pennsylvania's Lycoming Valley Railroad will be the beneficiary of a new industry track construction project near Muncy, Pa. The project involves building 2,300 feet of new track and restoring another…
Regional Rail LLC acquires recycling company
Regional Rail, LLC says it has acquired a construction and demolition debris (C&D) rail-served transfer station in Conshohocken, Pa.
Indiana Rail Road CEO honored with degree
Rose-Hulman Institute of Technology in Terre Haute, Ind., has conferred an honorary Doctor of Engineering degree upon Thomas G. Hoback, founder, president, and CEO of The Indiana Rail Road Co.…
RailAmerica discusses possible sale
RailAmerica Inc., which owns 45 small railroads that operate approximately 7,500 miles of track in North America, disclosed late Tuesday that it is considering selling the company and has entered into talks with…
Solving single-car shipment woes
Last month I wrote about how paper and other single-carload commodities were down year-over-year, and the impact that trend is having on Class II and III railroads in particular. One…
STB approval of rail line makes history
The Surface Transportation Board on Monday granted final approval for what it called "a first of its kind" rail line. It gave R.J. Corman Railroad Co./Pennsylvania Lines Inc. (RJCP) authority "to build…
Operation Lifesaver warns photographers on safety
Operation Lifesaver Thursday cautioned professional photographers to be aware of the risks of taking photos of high school seniors and wedding parties on train tracks or trestles.
STB OKs reopening Adirondack rail route
The Surface Transportation Board on May 14 approved a request by Iowa Pacific Holdings to reopen a rail route deep in Adirondack State Park, N.Y., dismissing protests from an environmental…
ASLRRA Safety Pro, Safety Person of the Year named
The American Short Line & Regional Railroad Association has named Tyrone James, vice president of Safety & Compliance at Genesee & Wyoming, as the winner of this year's Safety Professional…
Investment firm acquires Patriot Rail Corp.
San Francisco-based SteelRiver Infrastructure Partners, an independent investment management firm, said Tuesday it will acquire 100% of the capital stock of Patriot Rail Corp. The firm will make the purchase…
RailComm aids NECR bridge operation
Fairport, N.Y.-based RailComm said Wednesday it has provided remote control for a New England Central Railroad bridge.
Hammond Awards honor UP, South Buffalo Railway employees
In conjunction with bestowing the Harriman Awards for corporate rail safety on Tuesday in Washington, D.C., industry leaders also took time to honor individual employees notching significant safety achievements, who…
Harriman Awards bestowed for railroad safety
Railroads with the industry's best safety performance records Tuesday were honored at the annual E.H. Harriman Awards ceremony in Washington, D.C., with the event also marking the industry's nearly 100…
Iowa Pacific, Rail Logistics announce partnership
Rail Logistics and Iowa Pacific Holdings on Monday jointly announced a partnership in which Rail Logistics will manage, operate, and market Iowa Pacific's refrigerated railcar fleet. The venture began May…
At ASLRRA meeting, talkin’ passenger trains
From my perspective, you know North America is changing for the better when short line and regional railroad folks are talkin' passenger rail.
GWI leases Alabama short line from NS
Greenwich, Conn.-based Genesee & Wyoming's newly formed subsidiary, the Columbus & Chattahoochee Railroad, Inc. (CCR), has signed an agreement with Norfolk Southern to lease and operate a 26-mile segment of…
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…
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