Alaska Railroad Issues 1999 Report.

• Position: Brief Article

The Alaska Railroad Corp. experienced growth in all segments of its business in 1999, but recorded a $3.8 million loss for the year due to the expenses related to cleanup of two derailments. The railroad estimates it will spend $11 million in cleanup costs in the next five years.

Revenues in 1999 totaled more than $90 million and were the highest in 15 years...