WASHINGTON – The Surface Transportation Board has ordered the Central Oregon & Pacific Railroad Inc. (CORP) to sell a 111-mile railroad line running from Danebo, Ore., to Cordes, Ore., to The Oregon International Port of Coos Bay.
In a separate decision, the Board granted CORP authority to abandon a 94-mile segment of the Line in the [...]
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Archive for October, 2008 STB to Discuss ‘Caliente Line’ WASHINGTON – The Surface Transportation Board announced that it will hold a public field hearing on Dec. 4, 2008, in Las Vegas to hear public testimony related to the U.S. Department of Energy’s (DOE) application for authority to build the proposed “Caliente Line.” Railcar in Georgia City May Soon be Moved MARIETTA, Ga. — A Pullman railcar that has been parked just of the city’s square for decades has been sold and could soon be moved. STB to Discuss Christensen Study WASHINGTON — The Surface Transportation Board will hold a public meeting Nov. 6 to discuss the independent study by Christensen Associates assessing the current state of competition in the freight railroad industry in the United States. NTSB to Discuss ‘Most Wanted’ List WASHINGTON — The National Transportation Safety Board will hold a public Board meeting on Oct. 28 to review its list of Most Wanted safety recommendations directed at federal agencies. Norfolk Southern Moves Record Coal Tonnage in Third Quarter 2008 NORFOLK, Va. — Norfolk Southern hauled 49.67 million tons of coal in the third quarter of 2008, an all-time quarterly high driven by strong export demand and more shipments of domestic metallurgical coal. Norfolk Southern Reports Record Third-Quarter 2008 Results NORFOLK, Va. — Norfolk Southern Corporation reported third-quarter 2008 net income of $520 million, or $1.37 per diluted share, compared with $386 million, or $0.97 per diluted share, for the same period of 2007. Third-quarter income from railway operations increased 31 percent to a record $894 million. Decommissioned Maintenance Shop Will be Demolished NELSON, British Columbia — A decommissioned locomotive maintenance building near the Nelson waterfront will be demolished, Canadian Pacific Real Estate Vice-President John Walsh and Nelson Mayor John Dooley said. NTSB: Rail Fatalities Increased in 2007 WASHINGTON –Rail fatalities increased slightly in 2007 from 2006, according to preliminary figures released by the National Transportation Safety Board. President Signs Railroad Safety Improvement Act Into Law WASHINGTON – The President has signed into law the Railroad Safety Improvement Act of 2008. National Transportation Safety Board Acting Chairman Mark V. Rosenker praised Congress and the President for passage of the bill, saying that it will help bring about safety improvements long sought by the Safety Board. |
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