Category: Railway Age

Burkhardt group ready to seek big stake in Polish Railways – Rail Polska – Brief Article Privatization of Poland’s 14,400-mile rail system is expected to begin in about a year, and Rail Polska, a subsidiary of Chicago-based Rail World, Inc., will be bidding on much of it. Rail World was formed last year by Ed […]

Tank car issues coming to a head Frank Lester If you were to review what economists define as business cycles over the last four or five decades and focus in on tank car population and growth, you would have to return to the late 1970s to find comparable conditions and the backlogs of today. Almost […]

Most Class I’s shave operating ratios – Rail Update – Brief Article – Industry Overview Earnings reports released late in January showed that railroads fared relatively well in a recessionary economy last year, with most reporting improved operating ratios. Union Pacific, with fourth quarter operating income up 26% to $554 million over the year-earlier period, […]

A regional rail system – Briefs – Dublin, Ireland, area – Brief Article A regional rail system connecting the center of Dublin with several soborbs and the airport is to be built over the next five years at a cost of $2.2 billion. The government expects the 44-mile system to handle 100 million trips a […]

Amtrak Reform Council takes shape The makeup of the 11-member Amtrak Reform Council, whose members do not require Senate confirmation and whose function is separate from that of a still-to-be-appointed new Amtrak board of directors, is two Presidential appointments away from completion. Nine members have been appointed thus far. Former FRA Administrator Gil Carmichael, former […]

Nj Transit Gets A New Chief – NJ Transit Corp., New Jersey; Jeffrey A. Warsh – Brief Article Jeffrey A. Warsh, a lobbyist and former New Jersey state assemblyman, is New Jersey Transit’s new executive director. The 38-year-old Warsh, who represented Middlesex County in the New Jersey Assembly from 1992 to 1996 and served on […]

Great Lakes Transportation LLC – People – appoints Elliott M. Hughes III – Brief Article GREAT LAKES TRANSPORTATION LLC–Named Elliott M. Hughes III vice president and general manager-Eastern Business Unit. COPYRIGHT 2003 Simmons-Boardman Publishing Corporation COPYRIGHT 2003 Gale Group

1996 guide to equipment leasing: operating leasing comes of age – includes how to become a railroad equipment lessor Anthony D. Kruglinski Operating leasing comes of age In planning for this special section of Railway Age we gave quite a bit of thought to the usual broad focus that has characterized prior sections: Single investor […]

FRA teams with Air Force to maglev – latest developments in the Federal Railroad Admin and US Dept of Transportation’s collaboration in building high speed rail passenger systems – Brief Article Even though there is little or no public or private money available to build high speed rail passenger systems, the U.S. Department of Transportation […]

SL&A Port of Portland (Maine) limits have been expanded to include Auburn, Me., as a port of entry, allowing Genessee & Wyoming subsidiary St. Lawrence & Atlantic Railroad’s Auburn intermodal terminal to become a U.S. Customs facility. Maine’s Congressional delegation assisted in coordinating the change with federal and local agencies, Mario Brault, president of SL&A, […]