Miscellaneous

WASHINGTON — The National Gateway initiative will spur thousands of employment opportunities throughout the Midwest and East Coast, creating growth and building the nation’s economic competitiveness. The National Gateway is an $842 million, multi-state public-private infrastructure initiative which will create a more efficient freight rail route between Mid-Atlantic ports and Midwestern markets. Planned improvements that will create job opportunities include raising bridges, increasing tunnel clearances and building new terminals along existing rail corridors to support the movement of double-stacked containers on rail cars. The National Gateway will create more than 50,000 jobs, with almost 10,000 of those jobs created during

WASHINGTON — More than 140 supporters from the public and private sectors in six states have joined together in endorsing the National Gateway, an unprecedented public-private partnership dedicated to revolutionizing the nation’s transportation system, preparing it for the widely predicted growth in global demand. Recently honored as “Competitiveness Project of the Year” by the North American Strategic Infrastructure Leadership Forum, the National Gateway has emerged as a leading public-private partnership. The project will use intermodal transportation and double-stack trains to improve America’s global market competitiveness, create jobs, reduce transportation-related emissions and alleviate congestion on roads and highways. Public-private partnerships strategically

WASHINGTON — The National Gateway, an unprecedented public-private partnership dedicated to improving the nation’s freight capacity, today announced the addition of nearly 50 new supporters since June 1, 2009, bringing the total number of coalition supporters to more than 140. The National Gateway is an $842 million, multi-state public-private infrastructure initiative which will create a more efficient freight rail route between Mid-Atlantic ports and Midwestern markets. Planned improvements include raising bridges, increasing tunnel clearances and building new terminals along existing rail corridors to support the movement of double-stacked containers on rail cars. The coalition has the support of both public

Part I: Play it safe when it comes to railroad crossings Part II: Train vs. motorists or pedestrians – the train will win A number of organizations – Operation Lifesaver, the U.S. Department of Transportation and major railroad companies – joined together to launch the Common Sense campaign. The initiative aims to reduce the number of pedestrians who are killed and injured when trespassing around tracks and trains. The only safe place to cross railroad tracks is at a public crossing—designated by the crossbuck. Turn your cell phone and MP3 players off when you’re near train tracks. Forget texting, as

CHICAGO — FreightCar America reported net income of $7.0 million, or $0.59 per diluted share, for the three months ending June 30 on revenues of $104.3 million. For the second quarter of 2008, the company generated sales of $141.3 million and a net loss of $400,000, or $0.03 per diluted share. These 2009 results are consistent with the preliminary second quarter financial metrics that the company announced on July 28, officials said. The company recently announced that it had identified historical accounting errors in accounts payable that resulted in the understatement of its cumulative net earnings since the fourth quarter