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Last week, the Alaska Railroad Corp. (ARRC) released its 2009 annual report, which shows the railroad registered annual earnings of $13.9 million and generated revenue of $169.4 million compared with $12.6 million and $180.4 million, respectively, in 2008.

ARRC’s asset base increased $7 million to $861 million. In addition, the railroad took delivery of a self-propelled diesel multiple unit and used federal stimulus dollars to improve the Anchorage Depot, build restroom facilities in Seward and Talkeetna, and complete additional track infrastructure in Fairbanks.

ARRC also completed an environmental impact study for the Northern Rail Extension project from North Pole to Delta Junction, and funded later phases of a positive train control system.