State owned Alaska Railroad to become first in U.S. to haul liquefied natural gas

Looking for new business opportunities to counter a drop in revenues, the Alaska Railroad Corp. this month will become the first railroad in the U.S. to ship liquefied natural gas, in a demonstration project that could help deliver cheaper energy to Fairbanks. The state-owned railroad has signed an agreement to borrow two LNG containers from a company based in Vancouver, British Columbia, owned partly by Hitachi in Japan.