Mississippi Business Journal » railroads

Transportation museum to open in old depot this week

Associated Press — Tue, 12 Jun 2012 15:13:09 +0000

VICKSBURG — Vicksburg’s long-awaited transportation museum will open Friday in the former depot of the Yazoo & Mississippi Valley Railroad. Lamar Roberts, the museum director, tells the Vicksburg Post Friday’s “soft opening” is in advance of the scheduled grand opening July 15. Roberts says admission fees will be reduced during the first month since some [...]

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Federal appeals panel upholds fraud verdict againt two lawyers

Associated Press — Tue, 29 May 2012 19:37:20 +0000

MCCOMB — A federal appeals court panel has upheld a $420,000 verdict against two Mississippi lawyers accused of committing fraud during an asbestos lawsuit they filed in 2001. McComb attorneys William Guy and Thomas Brock sued Illinois Central Railroad Company on behalf of former employees who claimed asbestos made them sick. The railroad company later [...]

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Historic train getting renovations, but city needs $250K to complete project

Associated Press — Fri, 25 May 2012 14:55:40 +0000

COLUMBUS — Four decades have passed since the 19th-century train came to rest at Propst Park, and since that time, it has stood silent sentry over Main Street. Juveniles threw rocks and broke a few windows, and a person was once found living inside one of the cars, but for the most part, the train [...]

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Railroad company establishes new scholarship at USM Gulf Coast

MBJ Staff — Tue, 15 May 2012 16:47:45 +0000

LONG BEACH and MOSS POINT — In celebration of its 90th anniversary, Mississippi Export Railroad Company has established the Mississippi Export Railroad Gulf Coast Scholarship Endowment with a gift of $50,000 to the University of Southern Mississippi Foundation. “Moss Point, Miss., has been the home of Mississippi Export Railroad for 90 years,” said Greg Luce, [...]

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Delta city gets grants to renovate historic train station

Associated Press — Mon, 07 May 2012 16:57:12 +0000

GREENVILLE — The city of Greenville has received funds to refurbish the historic train depot. The Delta Democrat Times reports a grant of $400,000 came from the Mississippi Department of Transportation and a $135,000 grant came from the Mississippi Department of Archives and History. Walley Morse, secretary of the Joint Greenville Washington County Historic Preservation [...]

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Norfolk Southern signs biodiesel agreement for rail yard

MBJ Staff — Thu, 16 Feb 2012 18:44:05 +0000

MERIDIAN — Dynamic Fuels, LLC and Mansfield Oil Company have signed an agreement to supply renewable diesel to Norfolk Southern Corporation, a transporter of coal and industrial products. Norfolk Southern has primarily been using a Dynamic Fuels renewable diesel at its Meridian rail yard since early January. Dynamic Fuels, a 50/50 venture owned by Tyson [...]

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Louisville Railcar Repair breaks ground, creating 30 new jobs

MBJ Staff — Tue, 14 Feb 2012 13:50:56 +0000

LOUISVILLE — Officials from Louisville Railcar Repair, contract manufacturer and repairer of rail cars, broke ground yesterday on its new facility at the site of the transload rail facility in Louisville. The project, which will consist of repair, paint and welding facilities, represents a company investment of $1.3 million and will create 30 new jobs. [...]

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Lawyers appeal fraud verdict in asbestos lawsuit

Associated Press — Mon, 13 Feb 2012 18:00:17 +0000

HOUSTON, Texas — Two Mississippi plaintiffs lawyers, including a former state lawmaker, have appealed a verdict that they committed fraud during an asbestos lawsuit they filed in 2001. A federal jury in Mississippi decided in 2010 that the lawyers should pay Illinois Central Railroad Company $420,000 in damages. The 5th U.S. Circuit Court of Appeals [...]

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CF Rail Services buys another railcar repair facility

MBJ Staff — Mon, 16 Jan 2012 18:27:53 +0000

CF Rail Services has assumed the operations of the railcar repair facility located at in Longview, Wash. As part of its partnership with Patriot Rail Corp., which began with CF Rail Services operating three Patriot-owned facilities in September of 2011, CF Rail Services will assume this current railcar repair operation as well as assuming most [...]

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Patriot donates 21-mile MSV Railroad to counties

Associated Press — Tue, 10 Jan 2012 17:46:10 +0000

CALHOUN COUNTY and YALOBUSHA COUNTY — Patriot Rail Corp. has donated its 21-mile Mississippi & Skuna Valley Railroad (MSV) to Calhoun and Yalobusha counties. The donation sets the stage for the counties to pursue creation of the Skuna Valley Trail for public recreational use. The Calhoun County Board of Supervisors accepted the property donation in [...]

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