p.m. to improve spacing of trains departing Lambton Yard. Train
498 (Moose Jaw-St. Paul,
manifest) and counterpart Train 499 (St. Paul-Moose Jaw, manifest) have had significant schedule changes in North Dakota to provide better service at the Portal terminal on the border. Train 498 has had one hour added at Portal, 45 minutes added at Minot, two hours added at Carrington, two hours added at Hankinson, 45 minutes removed from Drake, 45 minutes removed from Valley City, 90 minutes removed from Spur 348 near Carrington, and 20 minutes removed from Enderlin. Train 499 has had 30 minutes added at Hankinson, 30 minutes added at Carrington, 45 minutes added at Flaxton, ten minutes
removed from Enderlin, 45 minutes removed from Leal, 45 minutes removed from Drake, and 45 minutes removed from Minot.
KANSAS CITY SOUTHERN DANNY JOHNSTON
Pessimistic Forecast Like other
KCS Issues railroads
President, Finance across
revenues to decline in the high single digits on a year-over-year basis. In addition, KCS stock has declined 39.74 percent over the past year, significantly more than the 17.21 percent decline experienced
by the Dow Transport the
country, KCS has been struggling with decreasing
traffic and carloads as a
result of the depressed energy sector. Michael W. Upchurch, KCS Executive Vice
and Chief Financial Officer, expects fourth quarter
segment. Given the depressed condition of KCS stock and the recent merger and acquisition activity by Canadian Pacific and Norfolk Southern, the railroad may become an attractive buyout candidate. Although any mergers or acquisitions between railroads will definitely receive intense Surface Transportation Board scrutiny, it should be noted that the STB granted a waiver to Kansas City Southern Railway Company from the application of the new major rail merger rules. This could open an opportunity for
Port Harbor Geep Fresh Paint for
Port Harbor GP40-2 No. 8955 was originally built in January 1967 as Milwaukee Road No. 162. It was transferred to Soo Line in 1986 as No. 2035, and later became Canadian Pacific No. 4615. It was renumbered 8955 and repainted in fall 2015, one of two ex-MILW GP40s on the roster. Based in Granite City, Ill., the Port Harbor Railroad is a subsidiary of Respondek Railroad Corp. and serves a mixed-use industrial area north of St. Louis known as “America’s Central Port” and interchanges with the Terminal Railroad Association of St. Louis.
PHOTO BY MARK MAUTNER
Return to Sender
Three Lake State Railway SD40-2s that were on long-term lease to CSX are being returned. Units No. 3095, 3067, and 3074, were dead in tow behind the road power of CSX train R322-18, seen here about to back into their train at Stanley Yard in Toledo, Ohio, on January 18. The next morning the trio was interchanged to LSRC in Flint, Mich. The units will be renumbered 6503- 6505 before entering regular service on LSRC.
PHOTO BY MICHAEL HARDING
8 MARCH 2016 •
RAILFAN.COM
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