Watco Railroad Company Holdings, Inc., a subsidiary of Watco Companies, L.L.C., has reached a definitive agreement to purchase the stock of the Ann Arbor Railroad, Inc. (AA).
The Federal Railroad Administration has awarded the county of Lycoming, Pa., a $2.4-million Rail Line Relocation grant to build a new bridge spanning the Loyalsock Creek in Loyalsock Township and Montoursville Borough.
The San Pedro & Southwestern Railroad (SPSR) set a new safety record December 23, 2012, completing 5,000 days of accident-free operations on the Benson, Ariz.-based shortline.
New York Metropolitan Transportation Authority's Metro-North Railroad celebrated its 30th birthday on Jan. 1, 2013. The railroad says it has become the busiest and best passenger railroad in the country with a consistent on-time performance of better than 97 percent and a customer satisfaction rating of 93 percent.
The Federal Transit Administration (FTA) finalized changes to its approach for administering New Starts/Small Starts program.
Amtrak named Matt Hardison chief marketing and sales officer (CMSO), following the retirement of Emmett Fremaux and will report to President and CEO Joe Boardman, effective immediately.
In San Francisco, Calif., the Bay Area Rapid Transit Board of Directors welcomed two new members and voted to elect Director Tom Radulovich as president and Director Joel Keller as vice president.
The U.S. Surface Transportation Board (STB) has approved Genesee & Wyoming Inc.'s application to control RailAmerica, Inc., and the RailAmerica railroads, effective December 28, 2012.
In Seattle, Wash., the Sound Transit Board approved a $1.1 billion 2013 budget that moves light-rail expansions forward, while positioning the regional transit system to carry more than 28 million riders next year.
In Massachusetts, ground broke on a new South Acton Commuter Rail Station, a project that will improve, expand and revitalize the busiest station on the Fitchburg Line.