New Railroad to Begin Freight Service on New York-Pennsylvania Line.

From: Knight Ridder/Tribune Business News | Date: February 19, 2001 | Copyright information

By Jim Carroll, Erie Times-News, Pa. Knight Ridder/Tribune Business News

Feb. 19--A new short line railroad has been given the go-ahead to begin renovating and operating 145 miles of track that stretches from Hornell, N.Y., to Corry in Erie County.

The Western New York & Pennsylvania Railroad is now working on a capital improvement program that will result in track upgrades and improved rail freight service to customers along the line, which is known as the S...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

A Fast Track to Culture Clash?; As a Takeover Looms, Conrail Workers Worry That Norfolk Southern's Rail Way Is Too Different
The Washington Post ; ... in millions of dollars 1997 I 128 II 190 III 179 IV 224 1998 I 229 II 187 III 158 IV 160 Norfolk Southern's stock price rose initially after the Conrail merger was announced, but is now near a two-year low. Source: Company reports, Bloomberg News
Railroads Agree on Plan to Split Conrail; Pact Would Leave Norfolk Southern, CSX About Equal in Size
The Washington Post ; ... although shippers would gain direct access to Norfolk Southern's southeastern markets. In the long run, the merger could be good news for the complaining residents of the Virginia hunt country between Manassas and Front Royal, where Norfolk Southern's once-bucolic ...
NORFOLK SOUTHERN INVADING CONRAIL'S TURF: NORTHEAST.(BUSINESS)
The Virginian Pilot ; Byline: DANIEL MACHALABA, DOW JONES NEWS SERVICE Norfolk Southern Corp. is invading the Northeast heartland of competitor Conrail Inc. in a move that threatens to put price ...
CONRAIL DEAL CUTS INTO EARNINGS NORFOLK SOUTHERN HAD RECORD QUARTER BEFORE TAKING CHARGE TO FIGHT FOR RAILROAD.(BUSINESS)
The Virginian Pilot ; Byline: CHRISTOPHER DINSMORE, STAFF WRITER NEW YORK -- The fight for Conrail derailed Norfolk Southern Corp.'s four-year track record of successive quarterly earnings gains, the company said Wednesday. The Norfolk-based railroad took a $77.2 million charge in the first quarter of 1997 for the
NORFOLK SOUTHERN TO TARGET NORTH-SOUTH TRUCK TRAFFIC.(BUSINESS)
The Virginian Pilot ; ... being sold for far more than the value of two major rail sales among the Western railroads in the past few years. That's good news for Conrail shareholders, who are getting $115 each for their shares, which had been trading around $70 a share before the takeover ...
RAILROADS REVEAL PLAN TO CARVE UP CONRAIL NORFOLK SOUTHERN GETS MORE; FEDERAL AGENCY STILL MUST APPROVE THE DEAL.(FRONT)
The Virginian Pilot ; ... east,'' Norfolk Southern Chairman David R. Goode said. Rail competition - between themselves and with trucks - should be good news for the nation's shippers and the consuming public. Norfolk Southern will buy 58 percent of Conrail in the deal, which still ...
NORFOLK SOUTHERN TO CLOSE RAILS FOR 24 HOURS.(BUSINESS)
The Virginian Pilot ; Byline: CHRISTOPHER DINSMORE, STAFF WRITER Norfolk Southern Corp. plans to suspend train service over its portion of Conrail Inc. for 24 hours as part of the June 1 operational takeover. Norfolk Southern also announced a deal Tuesday that will allow it to offer direct service into New York City for
Norfolk Southern to Close Rails for 24 Hours in Conrail Takeover.
Knight Ridder/Tribune Business News ; Knight Ridder/Tribune Business News May 19 -- Norfolk Southern Corp. plans to suspend train service over its portion of Conrail Inc. for 24 hours as part of the June ...
NORFOLK SOUTHERN TAKES CASE TO SHIPPERS.(BUSINESS)
The Virginian Pilot ; ... competition east of the Mississippi River if it buys Conrail, which dominates the Northeast. The letter also was released to the news media on Wednesday as Norfolk Southern Chairman David R. Goode met with the editorial board of Conrail's hometown newspaper ...
ANALYSTS SAY NORFOLK SOUTHERN'S BID IS ATTRACTIVE.(FRONT)
The Virginian Pilot ; ... consultant Banks said. ``What this has done has opened up the whole eastern railroad system for competition,'' Banks said. Lost in the news of its takeover bid for Conrail, Norfolk Southern also announced Wednesday that for the 15th consecutive quarter its earnings ...