General Information
G&W subsidiaries lease two U.S. short lines
(Source: Progressive Railroading 03/25/2019) Genesee & Wyoming Inc. (G&W) subsidiaries Toledo, Peoria & Western Railway Corp. (TPW) and Central Railroad Company of Indianapolis (CERA) have signed long-term agreements to lease and operate the Winamac Southern Railway (WSRY) and Kokomo Railroad (KR). Together, the WSRY and KR own 57 miles of track in Indiana. The Surface Transportation…
Read MoreRailroads slowly getting back on track after Midwest floods
(Source: Freight Waves, March 26, 2019) CHATTANOOGA, Tenn. — Historic flooding that began on March 15 has wiped out miles of roads and bridges along the Missouri River, especially from eastern Nebraska to western Iowa. Omaha was the largest city to be hit. This part of the country isn’t a big player when it comes…
Read MoreAAR: U.S. railroads registered more traffic declines in Week 11
(Source: Progressive Railroading 03/21/2019) For the week ending March 16, U.S. railroads logged 501,001 carloads and intermodal units, down 6.8 percent compared with total volume from the same week last year, according to Association of American Railroads (AAR) data. Carloads dropped 8.8 percent to 240,317 units while intermodal volume declined 4.8 percent to 260,684 containers and…
Read MoreRailroads’ flood-ravaged Midwestern tracks trigger FRA emergency declaration
(Source: Progressive Railroading 03/21/2019) Federal Railroad Administrator Ronald Batory on Tuesday declared an emergency event for railroad operations because of extreme flooding throughout the Midwest. The National Weather Service has documented historic flooding throughout the region, Batory said in an emergency event announcement. Rivers rose to unprecedented levels in more than 40 locations due to melting snow…
Read MoreUnion Pacific, BNSF working to restore rail traffic in states hit hard by floods
(Source: Associated Press, March 20, 2019) OMAHA, Neb. — Union Pacific says its crews are working around the clock so rail traffic can return to normal in Nebraska and adjacent states hard hit by floodwaters from a late-winter storm and snowmelt. Full story: Minneapolis Star Tribune Thursday, March 21, 2019
Read More