Norfolk Southern establishes $1 million fund to support community after derailment
Norfolk Southern Corporation has created a $1 million charitable fund to be available immediately as one component of its planned support for
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Financial
Porterbrook £2.5m sponsorship deal agreed with UK’s National Railway Museum
The funding supports the new ‘Railway Futures Gallery’ – a key component of the museum’s Vision 2025 masterplan. The gallery
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GATX Corp reports 2022 Q3 results
GATX Corporation today reported 2022 third-quarter net income of $29.1 million, or $0.81 per diluted share, compared to net income
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Patriot Rail completes acquisition of Pioneer Lines
Florida-based Patriot Rail Company LLC today completed the acquisition from BRX Transportation Holdings of Denver-based Pioneer Lines, Inc., a railroad holding
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Norfolk Southern reports Q2 2022 results
Norfolk Southern Corporation today announced second quarter 2022 financial results which included quarterly records for railway operating revenues, income from railway
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Norfolk Southern increases conductor trainee pay to $25 an hour
Trainees eligible for starting bonuses of up to $5,000 in priority locations Norfolk Southern Corporation today announced that it has
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The Andersons completes railcar repair business sale to Cathcart Rail
The Andersons, Inc has completed the sale of its railcar repair business to Cathcart Rail. “The sale of our railcar repair
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World Bank provides multi-million loan to Indian Railways
The World Bank’s Board of Executive Directors has approved a $245 million loan to support India’s efforts to modernise rail freight
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RAILPOOL secures new financing structure to boost growth
RAILPOOL, one of Europe’s leading rail vehicle lessors, extended its existing financing in April 2022 and secured further funds for
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Kansas sets up State Tax Credit for short line infrastructure spending
Kansas has joined six other US states in having a state tax credit program to provide infrastructure fundingto Class II
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