Short lines and regionals post solid traffic gains
Two companies that operate a total of 102 short line and regional railroadsRailAmerica and Genesee & Wyoming (GWI)have reported solid gains in freight traffic for March.
RailAmericas 40 railroads, which operate over approximately 7,400 miles of track in 27 U.S. states and three Canadian provinces, carried 75,295 carloads of freight in March, up 8.7% from March 2009. These results exclude the discontinued Ottawa Valley Railway operation.
RailAmerica reported increased shipments in six out of 12 commodity groups in March. Much of the increase was in shipments of agricultural products, chemicals, and metallic ores and metals. The largest declines were in coal and the catch-all other commodity group.
Genesee & Wyomings 60 railroads, operating over 9,400 miles of track in the U.S., Canada, Australia, and the Netherlands, carried 74,923 carloads in March, an increase of 6.9% over March 2009.
-- Edited by Uke on Wednesday 14th of April 2010 11:11:00 AM
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Hmm. That address doesnt look right. It looks like the link pointing here was faulty.
Maine will fund this local outfit keeping it alive for now at least!
Maine finds funds for beleaguered short line
Maine Gov. John Baldacci said he has created a watchdog group to oversee the proposed abandonment of about 240 miles of right-of-way and possible state purchase of the property. Baldacci announced the move one day after state legislators in both houses approved a $57.8 million bond package containing $14 million to purchase northern Maines last major rail line, operated by Hermon, Maine-based Montreal, Maine & Atlantic Railway.
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Hmm. That address doesnt look right. It looks like the link pointing here was faulty.