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Freight Rail

AAR Announces Record Investment for 2012

February 5, 2012

The American freight rail industry will experience one of its greatest years for capital investment, according to a recent report by marketwatch.com.  The Association of American Railroads (AAR) announced a plant to invest $13 billion in 2012 to expand, upgraded and enhance the national freight rail network.  The investment total of $13 billion is a [...]

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Union Pacific To Invest $1 Billion In Nebraska After 150 Years Of Service

January 21, 2012

Union Pacific Chairman and CEO Jim Young announced Friday that the company will invest $1 billion in Nebraska rail upgrades over the next 7 years.  Across the state, the funds will be spent on three major projects.  First, Union Pacific will use $70 million to expand capacity, add track, and update technology at its North [...]

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New Rail And Engineering Center at U. of Illinois

January 18, 2012

The University of Illinois announced Tuesday in a press release that they plan to add a rail transportation and engineering center to the school.  The U.S Department of Transportation will allocate $3.5 million to set up the center.  Called the NURail Center, this program, according to the University’s news release, will address problems with using [...]

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Railroads Experience End of Year Shipping “Surge”

January 2, 2012

According to bloomberg.com, freight volumes in North America rose by 17% in a pre-holiday surge.  Chemical shipping rose by 12%, but the highest gains could be seen in the 23% rise in intermodal carloads.  Both of these jumps in shipping were the highest experienced in 2011.  According to the report, this dramatic rise showed two [...]

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Homeless Man Escapes Death When Struck By Freight Train

December 24, 2011

Genesee County Sheriff’s officials received a 911 call just before 4 a.m. on Saturday morning.   The caller, a train operator aboard the CSX freight train, stated that a 31-year-old homeless man, later identified as Richard Kubus, had been struck by the train.  Eye witnesses reported seeing a man walking alongside the tracks near Wortendyke Road [...]

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Freight Rail Expected To Increase For Holiday Season

December 10, 2011

Seasonal peak Christmas shopping will be extending later into December this year, says independent railroad analyst Tony Hatch in a Bloomberg news article.  Retailers worried about the uncertain economic climate have delayed stocking up on too much inventory this season.  Since railroad service is now more prompt and reliable, retail store owners have the benefit of [...]

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