The Association of American Railroads reported that recent rail traffic gains have slowed in the week preceding the Labor Day Holiday. For the week ended Sept. 5, 2009, U.S. railroads reported originating 284,715 cars, down 6.7 percent compared with the same week in 2008. Regionally, carloadings were down 7.1 percent in the West and 6.0 percent in the East.
WASHINGTON — The Association of American Railroads today reported that rail traffic continues to register incremental gains on a week-to-week basis, but remains down year over year. Rail carloadings were at their highest level since the week ended Dec. 13, 2008. For the week ended Aug. 29, 2009, U.S. railroads reported originating 285,580 cars, down 16.2 percent compared with the same week in 2008. Regionally, carloadings were down 16 percent in the West and 16.6 percent in the East. Intermodal traffic of 202,553 trailers or containers on U.S. railroads was down 15.6 percent from the same week last year. Container
BETTENDORF, Iowa — The National Transportation Safety Board is investigating a railroad accident that occurred in Iowa this morning (July 14). At 2:10 AM CDT, in Bettendorf, Iowa, a Dakota Minnesota & Eastern Railroad freight train struck a group of cars in a rail yard after crossing through a switch that was not lined for the main line, derailing 8 cars and 2 locomotives. Two crewmembers were fatally injured.
GREENWICH, Conn. — Genesee & Wyoming Inc. (GWI) announced that its subsidiary Huron Central Railway Inc. (HCRY) intends to discontinue operations. The downturn in the economy has caused the Huron Central’s traffic to decline substantially over the last 12 months, to the point that the railroad is not economically viable to operate for the long term, officials said. HCRY has operated the 173-mile railroad from Sudbury to Sault Ste. Marie, Ontario, under a lease agreement with Canadian Pacific Railway since 1997. The companies are working closely together and with customers to effect an orderly cessation of operations. HCRY will cease
GREENWICH, Conn. — Genesee & Wyoming Inc. announced the promotion of Ronald G. Russ and Andrew T. Chunko to senior vice president. Russ will lead GWI’s Oregon Region, which includes the Portland & Western and Willamette & Pacific railroads. He joined GWI in March 2009 as deputy general manager of the Oregon Region and has more than 30 years of railroad and financial management experience. He was previously executive vice president and chief financial officer with Kansas City Southern. Prior to that, he was a founder, treasurer, executive vice president and chief financial officer of Wisconsin Central Transportation Corp. Chunko
WASHINGTON — Transportation Secretary Ray LaHood, Valley Metro Rail officials and local leaders announced $36 million in American Recovery and Reinvestment Act of 2009 (ARRA) funds for the Central Phoenix/East Valley Light Rail Project. “This light rail project has been an engine for growth in the Phoenix area,” LaHood said. “And these recovery funds will ensure that transit continues to stimulate Arizona’s economy.” The ARRA funds will help to complete the rail line and allow Valley Metro to begin work on the extension, which is expected to create 10,000 jobs over the life of the project. Funds will be used
CHICAGO — CN announced agreements with the villages of Matteson and Vernon Hills, Ill., addressing the municipalities’ concerns with CN’s acquisition of the principal lines of the Elgin, Joliet & Eastern Railway Company (EJ&E). CN completed its EJ&E acquisition on Jan. 31. Under the agreements with south suburban Matteson, CN will fund the creation of quiet zones and noise mitigation, and provide emergency response personnel training, among other items. In north suburban Vernon Hills, CN will assist in the creation and maintenance of quiet zones, install safety fencing, and provide emergency response personnel training and emergency communication improvements. “CN continues
NORFOLK, Va. — The STB’s approval of Pan Am Railways’ (PAR) and Norfolk Southern’s proposed Pan Am Southern joint venture clears the way for more than $87 million in rail infrastructure investment designed to significantly enhance the service capabilities and commercial offerings that NS and PAR provide in upstate New York and New England, the railroads said. “Pan Am Southern will bring immediate benefits to shippers doing business in upstate New York and New England,” said David Fink, Pan Am Railways’ president. “The Patriot Corridor will revitalize freight rail in the region, reducing highway congestion and improving air quality.” “Both
(c) 2002-2023 The DeFeo Groupe, LLC.