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Two billionaires want to restore glory of U.S. passenger railroads

(Source: Bloomberg, February 1, 2019)  WASHINGTON, D.C. — When American industrialist Henry Flagler decided to add Miami as a stop on his east coast Florida railway in the 1890s, the watery settlement had just a few hundred inhabitants. More than a century later, the city has flourished but the American public’s love affair with trains…

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BNSF customers invested $3 billion in industrial developments in 2018

(Source: Progressive Railroading 02/01/2019) BNSF Railway Co. announced yesterday that plant construction and upgrade investments made by its customers in 2018 totaled nearly $3 billion. Last year marked the eighth consecutive year that BNSF customers and local economic development organizations have invested more than $1 billion in a calendar year for new or expanded facilities, according to a…

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U.S. rail traffic dipped in Week 4

(Source: Progressive Railroading 01/31/2019) Weekly U.S. rail traffic fell for the first time in 2019, with railroads logging a combined 522,026 carloads and intermodal units during the week ending Jan. 26, down 4 percent compared with the same week a year ago, according to Association of American Railroads (AAR) data. Total carloads for the week dropped 4.7…

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