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Thu, 14 Aug 2008

P&W Railroad 2Q revenue grows 11.17%
WORCESTER – Providence and Worcester Railroad Co. (Nasdaq: PWX) posted a second-quarter profit of $320,000, a 7.78-percent decline from the year-ago period’s $347,000, on revenue that grew 11.17 percent to $8.28 million. Diesel expenses more than doubled compared with the 2007 second quarter, to $618,000.

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