Genesee & Wyoming Australia locomotive CLP9 leads a train south of Demondrille, New South Wales, in September 2007. The locomotive, which had been stored and was a candidate to be scrapped, is one of four GM-style streamliners that has been purchased and will be returned to service by Southern Shorthaul Railroad. Lance Lassen BENDIGO, Australia […]
Magazine: Trains Magazine
Plans advance for Central California’s ‘Valley Link’ light rail NEWSWIRE
PLEASANTON, Calif. — A proposed 41-mile light rail system which would connect the San Joaquin Valley to the Bay Area’s BART system is gaining traction, the San Francisco Business Times reports. The system, known as Valley Link, would run from the Dublin-Pleasanton BART station — the easternmost station of a line that runs to Daly […]
Bombardier stock drops on lowered earning forecast NEWSWIRE
MONTREAL — Bombardier Inc. reported a quarterly loss and lowered its earnings forecast for the year in a conference call with Wall Street analysts on Thursday. In reaction, the company’s stocks declined by 18% on the Canadian market, Reuters reports. President and CEO Alain Bellemare said the company would spend an additional $250 million to […]
Canadian Pacific joins blockchain group NEWSWIRE
CALGARY — Canadian Pacific has joined the Blockchain in Transportation Alliance, which seeks to establish blockchain standards for interoperability in the global supply chain. Blockchain uses cryptography to create secure movement of shipping messages, documents and other data, and to ensure transactions are secure, authenticated, and verifiable. “We are excited to be on this journey,” […]
Coal exports decline, railroad impacts starting to surface NEWSWIRE
NEW YORK CITY — Considered a stopgap a few years ago for declining U.S. coal production and its effects on transportation providers, the export market — especially that in Europe — is fading. Lower natural gas prices are hastening European conversion of power generation away from coal, says an analysis released by investment bank Morgan […]
G&W to sell stake in Australian operations as it goes private
TORONTO — Genesee & Wyoming is pulling out of Australia. The short line holding company is selling its 51% stake in its Australia operations, which serves New South Wales, the Northern Territory, and South Australia, including the 1,400-mile Tarcoola to Darwin rail line. The move comes as G&W is being taken private in an $8.4-billion […]
How two organizations will boost West Virginia’s Autumn Colors Express NEWSWIRE
HUNTINGTON, W.Va. — As news propagated social media Thursday announcing that West Virginia’s New River excursions would continue under new management, social media inquisitively questioned the involvement of two prominent steam-focused out-of-state nonprofits. Rail Excursion Management Co., revealed Thursday it had reached an agreement with Amtrak to continue the New River excursions this fall under […]
Ontario government may sell naming rights to GO Transit stations NEWSWIRE
TORONTO — The government of Ontario is exploring the possibility of selling naming rights to stations, parking lots, and even restrooms on the GO Transit system to increase income for Metrolinx, the province’s transit operator. Globalnews.ca reports that Transportation Minister Carolina Mulroney announced the concept Thursday, saying it could help keep fares low. Government estimates […]
Trinity Industries releases new ‘hourglass’ autorack car NEWSWIRE
Hourglass autorack car from Trinity Industries Trinity Industries DALLAS — Trinity Industries has developed an auto rack it says is designed for safer and more efficient loading. Trinity, which is involved in the manufacturing, leasing, and maintaining of railcars, introduced the car earlier this year, according to CEO Tim Wallace. While Wallace says the move […]
Two injured in South Dakota derailment (updated) NEWSWIRE
NEW UNDERWOOD, S.D. — Two crew members were injured when a Rapid City, Pierre & Eastern freight train derailed early Friday morning, KOTA-TV reports. The derailment occurred before 3 a.m. near New Underwood, about 25 miles east of Rapid City. The two were injured when trapped in the wreckage of the train, the TV station […]
When Big Boy is on the move, people and dollars follow NEWSWIRE
Crowds swamp Big Boy while on display at West Chicago Sunday morning. Trains: Jim Wrinn ADAMS, Wis. — In the heyday of the streamliner, the City of Adams was known as the meeting point of the Chicago & North Western’s “400” speedliners as they streaked between Chicago and Twin Cities in 400 minutes. Long a […]
Trains News Wire Round-up for Aug. 2, 2019 NEWSWIRE
Trains editors discuss rail news that’s fit to publish. This week the editors talk about Kentucky coal miners blocking coal trains, Big Boy’s Chicagoland appearances, and more! […]