Genesee & Wyoming Inc. (GWI) announced last week its completed acquisition of Providence and Worcester Railroad Company (P&W) for approximately $126 million, or $25.00 per share.
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Railroad News
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11/7/2016
Rail News: BNSF Railway
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11/7/2016
Rail News: BNSF Railway
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Rail News: Short Lines & Regionals
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Rail News Home BNSF Railway 11/7/2016 Rail News: BNSF Railway
Declining coal volumes, as well as weaker shipments of energy-related commodities, certain other industrial products categories and were factors in BNSF's resultsPhoto – BNSF.com
Declining coal volumes, as well as weaker shipments of energy-related commodities, certain other industrial products categories and were factors in BNSF's resultsPhoto – BNSF.com
BNSF Railway Co.'s third-quarter net income declined 12 percent to $1.02 billion and total revenue fell 8 percent to $5.2 billion compared with third-quarter 2015 results.
Declining coal volumes, as well as weaker shipments of energy-related commodities and certain other industrial products categories were factors in BNSF's results, according to the Class I's website.
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11/7/2016
Rail News: Labor
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04
11/4/2016
Rail News: Supplier Spotlight
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11/4/2016
Rail News: Passenger Rail
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11/4/2016
Rail News: Rail Industry Trends
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11/4/2016
Rail News: Safety
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11/4/2016
Rail News: Intermodal
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Nov
04
The SMART (Internation Association of Sheet Metal, Air, Rail and Transportation workers) Transportation Division’s (TD) Missouri State Legislative Board released the results of a survey Nov. 2 revealing Missouri residents strongly support the addition of transportation options and more stringent safety requirements.
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Nov
04
Canadian Minister of Transport Marc Garneau announced a new strategy Nov. 3 aimed at improving the nation’s transportation system.
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Nov
03
The New York & Atlantic Railway Company (NYA) announced multiple of upper-level promotions this week, including the promotion of current vice president James P. Bonner to president, effective Nov. 4, 2016.
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Nov
03
The N.C. Department of Transportation (NCDOT) announced Nov. 2 the launch of a three-month smartphone application pilot program that will allow North Carolina riders to plan their commutes and track trains in real time.
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Nov
03
Metrom Rail, a developer of rail safety technology, released a new, modular PTC offering Nov. 2 that the company says can be implemented without significantly affecting train throughput.
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Nov
02
11/2/2016
Rail News: BNSF Railway
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Nov
02
Rail News Home BNSF Railway 11/2/2016 Rail News: BNSF Railway
The Washington Utilities and Transportation Commission has approved a $10,000 grant to make rail safety upgrades near a railroad crossing and track in King County, Wash.The grant was provided through the Grade Crossing Protective Fund at the request of the city of Auburn, Wash. BNSF Railway Co. owns the tracks involved in the project.The city requested $10,306 to extend safety fencing along the city's right-of-way at B Street NW to the West Main Street crossing in Auburn. Additional fencing will also be installed on the city's right-of-way on both sides of the railroad tracks at 2nd Street NW, just north of the West Main Street crossing. The track area involved has a history of four pedestrian and train incidents since 2007, including three fatalities, according to a commission press release.The fencing will be used to prevent pedestrians from walking on the track and direct them to the West Main Street crossing, which is equipped with active railroad warning devices. The upgrades must be completed by May 1, 2017. The city will provide ongoing maintenance of the fencing. Contact Progressive Railroading editorial staff. More News from 11/2/2016
The Washington Utilities and Transportation Commission has approved a $10,000 grant to make rail safety upgrades near a railroad crossing and track in King County, Wash.The grant was provided through the Grade Crossing Protective Fund at the request of the city of Auburn, Wash. BNSF Railway Co. owns the tracks involved in the project.The city requested $10,306 to extend safety fencing along the city's right-of-way at B Street NW to the West Main Street crossing in Auburn. Additional fencing will also be installed on the city's right-of-way on both sides of the railroad tracks at 2nd Street NW, just north of the West Main Street crossing. The track area involved has a history of four pedestrian and train incidents since 2007, including three fatalities, according to a commission press release.The fencing will be used to prevent pedestrians from walking on the track and direct them to the West Main Street crossing, which is equipped with active railroad warning devices. The upgrades must be completed by May 1, 2017. The city will provide ongoing maintenance of the fencing. Contact Progressive Railroading editorial staff. More News from 11/2/2016
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Nov
02
The Association of American Railroads (AAR) awarded the 2016 Professional Environmental Excellence Award, described as the highest honor for environmental professionals in the railroad industry, to Russ McDaniel of Norfolk Southern (NS) today.
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Nov
02
11/2/2016
Rail News: Canadian Pacific
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