Genesee & Wyoming Inc. on Friday, Nov. 1, 2013, reported third-quarter earnings of $65.7 million, or $1.16 per diluted share, compared with a loss of $19.6 million, or 47 cents a share, in the third quarter of 2012.
In a rare display of bipartisan functionality on Capitol Hill, the House Transportation & Infrastructure Committee’s Panel on 21st Century Freight Transportation (Panel) announced Tuesday, Oct. 29, 2013, recommendations aimed at improving the efficiency of goods movement and strengthening the U.S. economy, involving a multimodal approach.
The Alaska Railroad Board of Directors has named Bill O’Leary President and CEO of the Alaska Railroad, succeeding Chris Aadnesen. O’Leary will start in his new position this Friday, Nov. 1, 2013.
Right-of-way used by Ohio short line Youngstown & Southern Railroad (Y&SR), currently owned by the Columbiana County Port Authority (CCPA), may soon be sold to Mule Sidetracks LLC, a noncarrier, for an estimated $3 million.
The Adirondack Scenic Railroad last week suffered damage to a locomotive, at rest in Lake Placid, N.Y., that appears to be of malicious intent.
Florida East Coast Industries and Orlando International Airport have reached agreement on higher-speed rail access to and from the airport, a key station in the planned All Aboard Florida higher- speed rail proposal envisioned to link Orlando with West Palm Beach, Fort Lauderdale, and Miami.
