Ricardo has signed a Share and Asset Purchase Agreement to acquire the business, operating assets and employees of Lloyd's Register Rail (LR Rail) for £42.5 million (US$63.5 million).
Canadian National locomotive engineers, represented by the Teamsters Canada Rail Conference (TCRC) union, have ratified a new collective agreement with the railroad.
The Federal Railroad Administration (FRA) has awarded eight grants totaling more than $21.2 million that invest in grade-crossing safety, Positive Train Control (PTC) implementation and passenger rail.
Chicago's Metra has created the "Confidential Close Call Reporting System," which is designed to proactively address safety issues and create a more positive safety culture.
Canadian National's multi-year capital program will invest approximately CA$500 million (US$409 million) in infrastructure improvements for its western Canada feeder rail lines in Alberta, Manitoba and Saskatchewan that are handling rising volumes of industrial products, natural resources and energy-related commodities.
Koppers Inc. has agreed to contract extensions with each of its two largest railroad customers, BNSF and CSX. Combined revenues from BNSF and CSX accounted for approximately 40 percent of 2014 railroad-related sales for the company.
BNSF recognized a special group of employees for their outstanding achievements in 2014 at an awards ceremony in Fort Worth, Texas, April 13.
New York has received a $3-million grant from the U.S. Department of Transportation (USDOT) for the Intercity Passenger Rail Grade Crossing Improvements, Positive Train Control Implementation and Passenger Rail Corridor Investment Plan Grant Program.
The Association of American Railroads (AAR) debuted the latest installment of its Freight Rail Works campaign, an exploration of freight rail's investments in building, growing and maintaining the nation's freight rail network. The campaign combines television, radio and online components to showcase the projects and innovation that help give U.S. businesses a competitive edge.
U.S. Rep. Steve Cohen (R-TN-09) joined representatives from Atlantic Track and the National Railroad Construction and Maintenance Association (NRC) for a tour of Atlantic Track's Memphis, Tenn., operations and facility.