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Trainnews - volume 8 - issue 146
Posted by: Espee99 ()
Date: July 27, 2015 06:13PM

Trainnews - volume 8 - issue 146 - 07/27/15


This day in Railroad History

July 27, 1988
Michael D. Dingman, chairman of the Henley Group, gave up his two-and-a-half-year battle for control of the Santa Fe Southern Pacific Corporation. Henley sold it's 16.9 percent Santa Fe stake and other interests for $1.2 billion to the Itel Corporation, which is controlled by Samuel Zell, the multimillionaire Chicago real estate executive. Mr. Zell, whose nickname has been ''Sam the Grave-Dancer'' ever since he bought thousands of distressed real estate properties in the 1970's, is a close friend of the Reichmann family of Canada, which already owns 19.6 percent of Santa Fe and has been widely identified as friendly to Santa Fe.
[www.nytimes.com]


Tonight's Photo - Please send photos to photos@trainnews.org

SP 7231 at Yardley (Spokane) WA on the BN, about 1978

Bruce Butler Photo




Notices

North American News

NS reports revenue and earnings drop in 2Q
[progressiverailroading.com]
and
Norfolk Southern's 2Q profit drops 23 percent as coal slows
[www.bellinghamherald.com]

NTSB study shows ECP brakes outperform other brake systems
[progressiverailroading.com]

SEPTA logged record rail ridership in FY2015
[progressiverailroading.com]

Sound Transit selects preferred route for Federal Way light-rail extension
[progressiverailroading.com]

APTA, U.S. transit agencies mark Americans with Disabilities Act's 25th anniversary
[progressiverailroading.com]

KCSR opens mechanical shop in Mississippi, completes largest-ever debt transaction
[progressiverailroading.com]

L.A. Metro approves $30 million for pedestrian crossing improvements along Blue Line
[progressiverailroading.com]

USDOT council recommends rubber stamp for two RRIF loans
[progressiverailroading.com]

PATCO Train Breaks Down on Ben Franklin Bridge
[www.nbcphiladelphia.com]
and
PATCO service resumes after suspension for disabled train
[www.courierpostonline.com]

Unlucky 7 train service disrupted by collapsed crane, fire
[www.nydailynews.com]

R train not running overnight in Brooklyn for the next two weeks
[pix11.com]

Federal Railroad Administration reveals cause of 2014 Wythe County train derailment
[www.wdbj7.com]

Severe Delays On Green Line Due To Power Problem; Riders Escorted Off Train
[boston.cbslocal.com]

Train derails in Mansfield, 10 cars spill coal
[www.star-telegram.com]

Railroad tracks on bridge between Holyoke and Chicopee catch fire
[www.masslive.com]

Are cameras coming to Metro-North's grade crossings?
[www.lohud.com]

Northern Cheyenne to look at sites along railroad path
[www.greatfallstribune.com]

Transportation Secretary Seeks Meeting With Cuomo and Christie on Hudson River Rail Tunnels
[www.nytimes.com]

Railroad Terminal Expansion In Barton’s Future
[www.newportvermontdailyexpress.com]

New Haven Line has all new train cars, now Malloy promises more improvements
[www.nhregister.com]

A look at the Senate transportation bill's highway, transit, railroad and safety provisions
[www.usnews.com]

Federal rail dollars gets a thumbs-up
[bismarcktribune.com]

Lubbock County survivors call for more railroad crossing gates
[www.kcbd.com]

Wabtec to buy Faiveley Transport
[thegazette.com]

Union Pacific Employees Set Safety Records
[www.nj.com]

Current ND Grain Car Backlog Ends
[www.kfyrtv.com]



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