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The Wilkes-Barre Terminal Railway Co. is moving to acquire nearly 60 miles of rail lines in Luzerne County and replace R.J. Corman Railroad Company/Luzerne & Susquehanna Line as the common carrier operator on much of the network.
Conrail has named a freight railroad industry veteran whose career spans three decades across major Class I systems and switching terminal networks as its new president and chief operating officer.
The new 104-acre Georgia Ports Authority facility represents the latest chapter in a rail heritage for Gainesville, Georgia, dating back to May 28, 1871.
Norfolk Southern Railway Co. has filed a notice of exemption with the Surface Transportation Board to abandon approximately 0.96 miles of railroad track in Madison County, Ohio.
Canadian National’s third-quarter revenue rose 15%, and profit increased 6%, but operating expenses consumed a larger share of revenue as freight volume grew and several service measures slipped.
Schneider National’s third-quarter profit more than doubled as truckload and intermodal earnings improved, prompting the transportation company to raise its full-year earnings forecast despite lower volumes in both businesses.
Canadian Pacific Kansas City’s third-quarter revenue rose 15% as freight volume increased, but higher fuel prices pressured operating efficiency and reported earnings per share grew just 3%.
At least 64 people were killed and 100 injured Wednesday, Oct. 28, when two high-speed trains collided south of Madrid, according to reports. Authorities warned that the death toll could rise.
At least 30 people were killed today, Wednesday, Oct. 28, when two high-speed trains collided in central Spain’s Toledo province, according to initial reports.