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GRS Kennebunkport O.H. Bridge Buckling Requires New Span
A bridge that passes over railroad tracks used by Amtrak KCS Posts Strong Second QuarterKansas City Southern reported consolidated net income of $ 9.2 million, or $0.11 per diluted share, for the second quarter of 2004, compared to a net loss of $0.5 million, or ($0.03) per diluted share for the second quarter of 2003. RailAmerica Reports Second Quarter 2004 EarningsRailAmerica, Inc. reported earnings from continuing operations for the second quarter of 2004 of $406,000, or $0.01 per diluted share, compared to earnings from continuing operations of $6.7 million, or $0.20 per diluted share, for the second quarter of 2003. BNSF Brakeman Who Survived Collision is Suing EmployerA brakeman who barely escaped a fiery head-on collision involving two freight trains north of Dallas is suing Burlington Northern Santa Fe Railway for injuries he suffered in the crash. KC Union Station Completes Acquisition of Vintage EquipmentKansas City's Union Station has completed the purchase of a 1940s-era rail car set on Friday for $600,000, a spokeswoman in Union Station interim CEO Sean O'Byrne's office said Tuesday. O'Byrne went to Milwaukee in June to see the collection of 11 rail cars and railroad artifacts and sent a representative last week to verify the collection's contents. BNSF Profits Rise Nearly 25%, More Employees SoughtFreight railroad Burlington Northern Santa Fe Corp. said Tuesday that profit rose nearly 25 percent in the April-June period on record shipments and higher prices. KCS Derailment on Vicksburg, MS Bridge ClearedTrains were back running Wednesday after Kansas City Southern Railway crews cleared the tracks of cars that had derailed on the U.S. 80 bridge over the Mississippi River in Vicksburg, MS. CN Ontario Derailment Forced Detours through WednesdayTwelve of 47 cars on a Canadian National Railway train jumped the tracks about ten miles from Ardbeg, Ontario on July 25. CSXT Track Worker Body Found in Alabama RiverA Baldwin County search and rescue team Wednesday recovered the body of a missing railroad worker who apparently fell off a CSX Transportation bridge over the Tensaw River in Spanish Fort, Alabama. DM&E Derailment Forced Minnesota Town EvacuationA Tuesday overnight derailment in Balaton, Minnesota left the small town cleaning up a 50,000 gallon ethanol and soy oil spill. Albany & Eastern Places Weight Restriction on Oregon RouteThe Albany & Eastern Railroad has put a weight restriction on its leased 36-mile line from Lebanon to Mill City, Oregon, said Mike Root, president of the Lebanon-based short line. CPR Reports Strong Business Growth, Rise in IncomeCanadian Pacific Railway said strong growth in five of its seven business lines in the second quarter of 2004 pushed revenue past the $1-billion mark. Housatonic RR Derailment Disrupts Mass. RouteAn early morning Housatonic Railroad derailment in Stockbridge, Massachusetts yesterday awakened nearby residents. FEC Derailment Blamed on Defective Rail FastenersDefective fasteners used to hold the rails to the ties caused the derailment of 31 Florida East Coast Railway cars late Saturday in Stuart, Florida, a railroad official has said. NS Georgia Route Commuter Service Still Slated for 2006 StartupFederal officials have raised numerous issues in the past month for Georgia state planners developing the first phase of a commuter rail line intended to connect Atlanta with Macon. KCS Announces Robert Druten Appointed to BoardKansas City Southern announced that Robert J. Druten has been elected to its board of directors. Cuyahoga Valley Scenic RR Rolls Out former NYSW RDCOhio's Cuyahoga Valley Scenic Railroad on Tuesday unveiled a self-propelled rail car that is the latest addition to the excursion train. NS Locomotive Derailment Dumped Several Hundred Gallons of FuelEnvironmental cleanup crews worked for hours in Alton, Illinois on Tuesday to stem a leak in a diesel fuel tank and to clean up several hundred gallons of fuel that spilled when a remotely operated locomotive partially slipped off railroad tracks at Cut Street. CN Battle Creek, MI Yard Being ReinstatedAfter months of uncertainty, railroad jobs planned for movement out of Battle Creek, Michigan, now appear to be staying. CN, CSXT, NS, Intermodal Yards Struck by Independent TruckersA group of independent truck drivers stopped work this week and formed picket lines to protest what they describe as poor working conditions at Michigan rail and container yards. FEC Derails Second Train at Weekend Derailment SiteWorkers still were cleaning up the mess from Saturday's train derailment early Tuesday when seven cars from a second Florida East Coast Railway train slid off the rails just north of the old Roosevelt Bridge in Stuart, Florida. GRS Track Work May Have Contributed to Bridge Buckling in METhe main highway that connects Kennebunkport, Maine with the Maine Turnpike was closed Tuesday after a bridge buckled over an area where Guilford Rail System tracks, also used by Amtrak CSXT Worker Missing from Derailed Track Car in AlabamaAuthorities are searching for a missing CSX Transportation railroad worker. CPR Coal Train Derailment Shut Down BC Route for 48 HoursCanadian Pacific Railway's main rail line has been reopened but cleanup crews are still at the scene of a derailment south of Golden, B.C. that occurred Sunday morning. NS Records Reports Second Quarter RecordFor the second quarter of 2004, Norfolk Southern reported net income of $213 million, or $0.54 per diluted share, an increase of 55 percent, compared with $137 million, or $0.35 per diluted share, for the second quarter of 2003. CSXT Delivers Record-Setting Quarter, Third in a RowCSX Corporation today reported its financial results for the second quarter of 2004. CPR Derailment Dumped Canola Oil into Lake ChamplainCrews from an environmental cleanup company are continuing to collect 25,000 or so gallons of canola oil from a derailment off the western shore of Lake Champlain. CSXT Raceland, KY Car Shops Keeping Pace with Hopper DemandsWith coal demand sizzling like summer heat, the 250 employees of CSX Transportation's Raceland Car Shop weren't about to break a sweat over the challenge of finding a way to make more coal cars available to customers. FEC Derailment Disrupted Jacksonville-Miami MainlineA train carrying rocks derailed on its way to New Smyrna Beach, closing a route between Jacksonville and Miami. Conrail, CSXT, NS Commence Offer of ExchangeConsolidated Rail Corporation (Conrail), CSX Transportation, Inc. (CSXT) and Norfolk Southern Railway Company (NSR) announced that they are commencing an offer to exchange new unsecured debt securities of CSXT and NSR and cash for existing unsecured debt securities of Conrail. |