Watco Railroad Company Holdings, Inc., (Watco) purchased Ann Arbor Railroad, Inc. (AA). On Dec. 27, 2012, a Notice of Exemption was filed with the Surface Transportation Board for Watco to purchase the railroad company's stock. The acquisition of Control Exemption became effective on Jan. 26, 2012.
In Texas, the TEX Rail Environmental Assessment (EA) document is available for review, which presents an environmental analysis of changes to the project, since the Draft Environmental Impact Statement (DEIS) was completed.
Canadian Pacific (CP) and Teamsters Canada Rail Conference - Maintenance of Way Employees Division (TCRC-MWED) ratified a five-year collective agreement.
Chicago Transportation Authority (CTA) ridership in 2012 grew to its highest annual total in the past 22 years, rising 2.4 percent to 545.6 million rides for the year.
U.S. Transportation Secretary Ray LaHood is stepping down and will not serve a second term.
The city of Fond du Lac, Wis., is being awarded a Transportation Economic Assistance (TEA) grant. The $600,000-award represents the Wisconsin Department of Transportation's (WisDot) contribution toward rail improvements to serve McNeilus Steel's expanding facility in Fond du Lac.
The Loyola Avenue-Union Passenger Terminal Streetcar Line in New Orleans, La., is now open. The new line extends transit service to the French Quarter, the Superdome and downtown jobs and is already attracting new business and residential development to the area.
As reported by RT&S yesterday (click here), Union Pacific had their best safety year to date with achieving a 1.01 reportable injury rate in 2012.
The Public Utilities Commission of Ohio (PUCO) approved construction authorization from the Ohio Rail Development Commission directing Norfolk Southern to upgrade eight grade crossings in the city of Miamisburg in Montgomery County.
Norfolk Southern plans to spend $2 billion in 2013 for capital improvements to its rail transportation network.