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News Wire
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Short Line/Regional

Wichita, Tillman Jackson Railway Seeks to Acquire ‘Western Branch’

January 3, 2011 Railfanning.org News Wire

WASHINGTON — The Wichita, Tillman Jackson Railway Co. has filed a notice of exemption to acquire slightly more than 61 miles of a rail line known as the Western Branch.

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Short Line/Regional

Fort Worth & Western Railroad Names Schlosser to Succeed George as President and CEO

December 28, 2010 Railfanning.org News Wire

FORT WORTH, Texas — Fort Worth & Western Railroad said that Steven George will retire in the first quarter of 2011 as president and chief executive officer of the Fort Worth-based 276-mile regional railroad.

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Short Line/Regional

STB: Freight Train Service in Northern Maine Preserved

December 27, 2010 Railfanning.org News Wire

WASHINGTON — The Surface Transportation Board said it has completed its work in the multiparty effort to preserve freight train service in northern Maine.

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Miscellaneous

L.B. Foster Extends Subsequent Offering Period for Portec Rail Shares

December 21, 2010 Railfanning.org News Wire

PITTSBURGH — L.B. Foster Co. announced that its wholly-owned subsidiary, Foster Thomas Co., has extended its cash tender offer for all outstanding shares of common stock of Portec Rail Products Inc. 5 p.m. on Dec. 22.

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Canadian National

STB Fines CN for Chicago Street-Crossing Blockages

December 21, 2010 Railfanning.org News Wire

WASHINGTON — The Surface Transportation Board fined Canadian National Railway Company $250,000 for “knowingly violating Board orders” regarding the reporting of street-crossing blockages in the Chicago area.

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Canadian National

CN Signs VMA With New Lenox, Ill.

December 21, 2010 Railfanning.org News Wire

CHICAGO — CN said it has reached a voluntary mitigation agreement (VMA) with the Village of New Lenox, Ill., located approximately 36 miles southwest of downtown Chicago, regarding its acquisition of the Elgin, Joliet and Eastern Railway Company (EJ&E).

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Canadian National

CN Completes Griffith, Ind., Rail Connection

December 20, 2010 Railfanning.org News Wire

CHICAGO — CN has completed construction of the first major rail connection built as part of the continuing integration of the Elgin, Joliet and Eastern Railway Company (EJ&E) that, when all connections are constructed, will enhance the fluidity of train movements along CN routes in the greater Chicago area, the railroad said.

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Miscellaneous

L.B. Foster Completes Tender Offer for Portec Rail Products and Commences Subsequent Offering Period

December 16, 2010 Railfanning.org News Wire

PITTSBURGH — L.B. Foster Co. announced that the United States District Court for the District of Columbia signed the Hold Separate Stipulation and Order and that L.B. Foster’s direct wholly-owned subsidiary, Foster Thomas Co., has completed its cash tender offer for Portec Rail Products Inc.

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Miscellaneous

L.B. Foster, Portec Rail Products Announce Agreement with DOJ

December 16, 2010 Railfanning.org News Wire

PITTSBURGH — L.B. Foster Co. and Portec Rail Products Inc. announced that the Department of Justice has issued their final approval of and entered into an agreement with L.B. Foster and Portec relating to L.B. Foster’s acquisition of Portec and the sale of certain assets related to Portec’s rail joint business primarily located at Portec’s Huntington, W.Va., plant.

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Miscellaneous

L.B. Foster Company and Portec Rail Products, Inc. Announce Sale of Certain Assets

December 10, 2010 Railfanning.org News Wire

PITTSBURGH — L.B. Foster Co. and Portec Rail Products Inc. announced the signing of an Asset Purchase Agreement with Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc.

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