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| | Late Breaking Rail Industry News (Site not responding. Last check: 2007-11-05) |
 | | Rail World, Inc., the Chicago-based rail management and investment corporation headed by former Wisconsin Central Transportation Corp. chief Edward A. Burkhardt, is leading a consortium negotiating purchase of the rail properties of the Bangor & Aroostook Railroad System from Iron Road Railways, a Washington, D.C.-based holding company. |
 | | Most agree that, to the extent that rail mergers improve rail operations, they could, at least theoretically, improve the railroad's ability to compete for truck-competitive traffic, although this has yet to be borne out in any previously completed merger. |
 | | Calling rail "the most efficient and practical means of reducing congestion in our urban transportation corridors," California Gov. Gray Davis joined Amtrak in announcing a 20-year, $10.1 billion plan to put faster trains on an expanded state passenger rail network. |
| www.railwayage.com /breaking_news_archive.html (17230 words) |
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