The Railroad Week in Review:
Archives, April-December 1997
- Week Ending December 27, 1997
Track maintenance cost model; merger rebuttals are in; NY Regional Rail
rehab funding; Railroad Short Sellers.
- Week Ending December 20, 1997
Review and outlook: Wisconsin Central, RailTex, Emmons; new face at
Norfolk Southern; vendor notes -- ABC Rail, Greenbrier.
- Week Ending December 13, 1997
Synopsis: St Lawrence & Hudson "officially" to remain part of CP Rail...NIT League supports CR merger...Draft environmental impact Statement issued by STB... Yahoo portfolio tracker...RTEX November carloads...Vendor notes: ABC Rail, Harmon, Greenbrier.
- Week Ending December 6, 1997
STB extends UP emergency service order to 3/15/98...CR Merger notes: STB okays connections construction, new Control date 8/22/98, new closing date 9/1/98...Truckers upgraded...Wall Street rail analysts meet with your editor...Emons and shortline operator John Nolan announce merger.
- Week Ending November 29, 1997
Providence & Worcester, Genesee & Wyoming results; Impace=t of congestion on UP earnings; How ABC Rail results affect stock valuations; Industry Snapshot: three non-classs I railroad companies.
- Week Ending November 22, 1997
Providence & Worcester, Genesee & Wyominbg results; Impace=t of congestion on UP earnings; How ABC Rail results affect stock valuations; Industry Snapshot: three non-classs I railroad companies.
- Week Ending November 15, 1997
New Jersey Shared Assets Area operating plan; "Responsive Application" of the LAL; focus on carbuilders.
- Week Ending November 8, 1997
Spreading effects of UP follies; STB hearing on CR mergerpushed back; Railtex Results; changes to vendor stock list; Varlen acquires overseas firms; rail stock evaluations - I.
- Week Ending November 1, 1997
Good news about Kansas City Southern and Emons Transportation;
earnings down for New Zealand Tranz Rail, up for Genesee &
Wyoming; Suface TRansportation Board hearings on UP.
- Week Ending October 25, 1997
Quarterly meetings for NS, UP, KCS; Amtrak strike commentary; CP-NS/CSX agreement; Penn DOT gives away $7.6 mm to rail projects.
- Week Ending October 18, 1997
Notes from the ASLRA annual meeting; FRA's Molitoris puts
short lines on notice; still more valuation guidelines; rail vendor
stocks up 61% year to date; focus on Westinghouse Air Brake
(NYSE: WAB)
- Week Ending October 11, 1997
More on valuing the KCS railroad after the split;
possible effect of UP's service problems on its stock price; The
Great New Orleans Train Robbery; RailTex and Southern RR of NJ
results.
- Week Ending October 4, 1997
NS stock splits three for one; UP service problems; Cleveland opposes merger; Maryland supports merger; Valuing KCS: The Railroad; small cap rails stock gains edge out the big roads for September.
- Week Ending September 27, 1997
More NS appointments in Philadelphia; Cleveland's Congressman Kucinich says NO to pending merger; KCS rail spinoff: what's the railroad worth by itself?
- Week Ending September 20, 1997
Emons results; Connecticut Central bought by P&W; STB's Section of Environmental Analysis active in UP/SP; Greenbrier drops logistics business; keeping the business you win by default; Last installment on centralized vs. divisional dispatching.
- Week Ending September 13, 1997
Divisional vs. centralized dispatching; Union Pacific safety audit; RTEX results and comment on Henry Chidgey departure; STB filings in Conrail case; Craig Lewis names NS Regional VP in Philadelphia; The Burlingon Northern of 1898.
- Week Ending September 6, 1997
Discussion of "revenue adequacy;" beginning a discussion of dispatcher qualifications; Yankee shortlines in Australia; Positive Train Control developments.
- Week Ending August 30, 1997
FRA blankets Union Pacific with inspectors in wake of fatalities, shippers express disappointment with UP/SP; More on CP and CN filings; P&W broadens Fresh Pond access; Genessee & Wyoming results up, signs rail deal in Australia; Wisconsin Central goes to Tasmania; Arizona & California Group buys Oregon line.
- Week Ending August 23, 1997
More DOCP and P&W details; CN and CP put thier oars in the merger waters; new opportunities for former Conrail shortlines; Rockville Bridge damaged.
- Week Ending August 16, 1997
FRA puts teeth in anti-valdalism laws; RailAmerica , Providence & Worcester results improved; Delaware Otsego buyout details.
- Week Ending August 9, 1997
RailTex results from on-going business improves, interest coverage a question; source for new e-mail adresses at Norfolk Southern; railroad vendor websites; do-it-yourself payroll deduction plan for railroad investments; Ann Arbor's creative approach to industrial development.
- Week Ending August 2, 1997
STB ruling on competitive access and related merger notes; CSX merger results may kick in more slowly than first thought; FRA highway crossing barrier program set for Hudson Division; railroad and railroad vendor stock performance year-to-date; new debt offerings.
- Week Ending July 26, 1997
Wisconsin Central unionizes, stock price plummets, commentary; Second quarter results for NS, CSX, BNSF; BNSF sells Florda Line to StatesRail.
- Week Ending July 19, 1997
Matlack sues NS and Conrail over three terminals;
Schneider International hiring drivers, upping speeds; FOSALE:
ex-SP business cars; New UP-NS intermodal service LA-Columbus;
UP second quarter results; pro forma comparisons of UP/SP with
NS/CR and CSXS/CR; Why WABCO won Amtrak's bid.
- Week Ending July 12, 1997
Rail Development Corp. wins Guatemalan Railroad concession; Greenbrier
results off; RailTex results improve; STB rules against local jurisdiction
over rail improvements; further discussion of Wisconsin Central and RailTex
stock prices.
- Week Ending July 5, 1997
Norfolk Southern post-merger financial projections; do more accidents mean more regulation?; Conrail attracts the attention of the Environmental Police; UPRR and two Mexican partners awarded Pacific North rail line; Michigan looking to sell the four shortlines it owns; Canadian National opens new Chicago CargoFlo terminal; Questions regarding RailTex and Wisconsin Central stock prices.
- Week Ending June 28, 1997
NS/CSX/Conrail filing sent to STB; Reistrup to CSX; New BNSF website
offerings; UP collision aftermath; Pioneer Railgroup results for May; Power Parts wins big UP order.
- Week Ending June 21, 1997
All quiet on the merger front...Union Pacific upgrades four line segments
totalling 259 miles for $33.8 million...Shortline survey results...trucking
company stock reports show how the transportation business is changing...NYSW
in play?...Letter from Bruce Flohr...WCLX cited by S&P...Line sales at CN,
CP, BNSF.
- Week Ending June 14, 1997
New York Cross Harbor gets cross with Conrail and sues; Wisconsin
Central adds 100 new 100-ton boxcars for paper; DM&E to build in to Powder
River Basin; Tropicana adds a Cincinnati train; KCS goes South of the
Border; Harmon Industries absorbs affiliate; RailTex financial
results; California Northern carloads and safety notes.
- Week Ending June 7, 1997
STB sets 350-day schedule for Conrail merger; potential merger
impacts on Philadelphia traffic patterns; Two Conrail dereailments; more on
the Canadian grain business; rail industry stock performance YTD; RailTex
results YTD; MotivePower Industries a success story.
- Week Ending May 31, 1997
CN on Canadian wheat woes; STB filing update; Railserve homepage;
RailAmerica hires; Greenbrief orders, earnings; Wisconsin
Central starts operations on its Wausau-Hayward line; the
Arkansas Artrain.
- Week Ending May 24, 1997
Rumors of IC/CN merger; BN sells some, buys some; Harmon
Industries and other suppliers; RailAmerica's first quarter
results; Peterson joins RailTex; CSX to upgrade Greenwich OH to
Chicago track; NS operating revenue clarification; STB to short
lines: don't ask for the moon.
- Week Ending May 17, 1997
Norfolk Southern and Darth Vader; STB timetable for CR/NS/CSX plan;
CP haulage rights in Conrail territory; FRA grant to Conrail for
positive-train-control project; CP opens Gateway Intermodal
Terminal; Supplier Notes
- Week Ending May 10, 1997
STB spoilers: Arlen Specter, AFL-CIO, American Trucking Association;
Florida East Coast in play?; Kansas City Southern acquires Gateway
Western; AMTRAK gains and losses; Vermont Railway/Green Mountain Railroad;
UP track upgrade Ft. Worth-Odessa; Italian "hiccup" strike
- Week Ending May 2, 1997
April rail stock performance; FRA's $110MM capital grant to Alaska Railroad;
More Rails-to-Trails in Pennsylvania; STB merger schedule; Union Pacific south of the border?; Canadian National south of the border? Again?; shortline and supplier news
- Week Ending April 26, 1997
First quarter earning reports: Burlington Northern Santa Fe, Canadian National, Norfolk Southern, CSX
- Week Ending April 19, 1997
Bright future for RR stocks?; intermodal on the Amtrak corridor; RailTex earnings; Delaware &
Otsego stock activity; UP earnings up; more on Canadian National response to Conrail breakup
- Week Ending April 12, 1997
Rails share in S&P wipeout; a new look at the Norfolk Southern/CSX split of Conrail; CN's
objections
- Week Ending April 5, 1997
Conrail puts hold on six cluster sales; CP sells former Milwaukee track; RailAmerica to sell Steel City
Trucking, concentrate on rail holdings; class I stock price movement; strength in intermodal; S&P
downgrades Wisconsin Central, boosts GATX to five stars; ABC Rail earnings
- Index for Dec 96 - March 97
--Roy Blanchard


Tell Us What You Think!
The goal of this site is to help short line managers, railroad
investors, and students of the industry find the tools necessary in
their respective areas of interest. The beauty of this medium lies
in its ability to educate and inform as it communicates. Send
comments to
roy@rblanchard.com
© 1995-1998, The Blanchard Company, 2041 Christian Street,
Philadelphia PA 19146-1338, 215-985-1110 (voice) 215-985-1446 (fax). All
rights reserved.
|