BNSF names Columbus & Greenville Shortline of the Year

The Columbus and Greenville Railway (CAGY), was recently named Shortline of the Year at BNSF ‘s annual “Shortline Conference” held last month in Irving, Texas.

Northeast freight rail service returning to normal

Freight operations in the Northeast are slowly returning to normal along the destruction path left by Hurricane Sandy.

Indiana Northeastern dedicates new locomotive maintenance facility

A new locomotive maintenance facility that will serve the Indiana Northeastern Railroad, a 123-mile short line headquartered in Hillsdale, Mich., was dedicated on Friday, Oct. 26.

Iowa Pacific eyes Adirondack tourist train

Iowa Pacific Holdings, LLC and the Adirondack Rail Preservation Society (ARPS) have reached a Memorandum of Understanding to establish tourist passenger service on the Adirondack Railroad, linking its namesake state park in upstate New York to New York City with Pullman sleeping car service.

Iowa Pacific acquires Cape Rail, Inc.

Chicago-based Iowa Pacific Holdings, LLC Tuesday announced its acquisition of a controlling interest in Cape Rail, Inc., and its subsidiaries, Massachusetts Coastal Railroad, LLC and Cape Cod Central Railroad.

Alfred E. Michon, 75

Alfred E. Michon, president of four regional railroads who also worked with both Burlington Northern (now BNSF) and Union Pacific, died Oct. 9 at age 75.

GWI completes RailAmerica acquisition

Genesee & Wyoming Inc. Monday said it has completed its acquisition of RailAmerica, Inc., and also “entered into a new five-year Senior Secured Credit Facility comprised of a $1.875 billion term loan and $425 million revolving credit facility.”

Siding for Indiana short line is sidelined

Officials in Daviess County, Ind., have tabled a motion to approve a $2.1 million passing siding near Plainville, Ind., to be used by Indiana Southern Railroad.

Anacostia Rail Holdings promotes two

Chicago-based Anacostia & Pacific Co. Wednesday announced John K. Secor is retiring as president of the Louisville & Indiana Railroad (LIRC) at the end of October, to be succeeded by Michael D. Stolzman, current president of Pacific Harbor Line (PHL). Otis L. Cliatt, vice president of PHL, will be promoted to PHL’s president.

GWI prices Wall Street offerings

Genesee & Wyoming Inc (GWR) announced Friday that it has priced its previously announced offering of 3,500,000 shares of Class A common Stock—including 233,966 shares held by its board chairman—at $64.75 per share, resulting in aggregate gross proceeds of $211.5 million.

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