Norfolk Southern Corp. announced plans Thursday to invest $140 million to acquire a 50 percent stake in the rail line between Albany, N.Y., and the Boston metropolitan area. The Norfolk-based railroad would create a joint venture with the line's owner, Pan Am Railways of North Billerica, Mass. The deal to create what would be called Pan Am Southern must be approved by the U.S. Surface Transportation Board. Read more...

Union Pacific Railroad is investing $7.9 million on track improvements between Kansas City and Topeka. The improvements in Kansas are part of the $1.6 billion Union Pacific plans to invest in 2008 to maintain track across its more than 32,300-mile system. Read More...

You know you should get your items on RailFood but you just haven't had time to upload a spreadsheet or enter them one by one. Starting today, just email or fax your parts list to us at 1-202-315-3491 and we'll take care of the rest. It doesn't matter if you have one item or 100,000 - advertising your product capabilities has never been easier.

A recently released Amtrak study found that proposed service from Iowa City to the Quad Cities would be financially feasible and had support from both local citizens and legislators. The plan will go before the Iowa Legislature during the 2009 session. The Iowa route would cost between $26.1 million and $32.5 million, depending on how fast the trains would travel. The study examined both a 60-mph and a 79-mph train. Read more...

English Channel tunnel operator Groupe Eurotunnel SA on Tuesday reported profits of $1.57 million for 2007, its first annual net profit, less than a year after the company nearly drowned in debt. The company, whose main source of revenue is toll fees collected from railway companies and train operators, described cross-Channel traffic as "buoyant" in 2007. Read more...

On March 24, 2008 CSX Corp. sold $1 billion in debt in a two part sale, said a source familiar with the deal.

Barclays Capital, Citigroup Global Markets, Credit Suisse and Morgan Stanley were the lead managers of the sale. Read More...

Trespassers account for the largest number of fatalities in the railroad industry – approximately 500 per year. In order to better understand who is trespassing, their locations, and the reasons they are on railroad property, the Federal Railroad Administration (FRA) issued a report using three years of reported trespasser fatalities. Click here to download a PDF of the report.

Starting no later than April 2008, Railfood will be changing our pricing structure. While there will still be free registration, we will also be offering a Professional registration for $500/year. Companies who upgrade or join at the Professional level will enjoy reduced costs for credits and a host of other, yet to be announced features. The price for credits on the Basic level will soon rise to $5 per credit so we encourage those who have not yet purchased credits to take advantage of the current $1 price while available.