TorQuest Partners, in partnership with a group of co-investors, has acquired a majority interest in A&B Rail Services Ltd., a national railway services company based in Edmonton, AB, Canada.
The Federal Railroad Administration (FRA) launched a 60-day safety assessment of Metro-North Railroad in response a December 1 derailment in the Bronx. Operation Deep Dive, beginning December 16, 2013, will exhaustively review Metro-North's compliance with federal regulations, its procedures and practices and its safety culture.
BNSF promoted President and Chief Operating Officer Carl Ice to president and chief executive officer, effective January 1, 2014. Matthew Rose, chairman and chief executive officer, will assume the role of executive chairman.
TriMet General Manager Neil McFarlane has launched an outside review of the Portland, Ore., agency's light-rail maintenance system, which includes MAX vehicles and trackway. In order to better address both an aging and an expanding rail system, McFarlane wants a more comprehensive look at maintenance needs and to set a course for continuous improvement in the years ahead.
Maryland Department of Transportation/Maryland Transit Administration (MDOT/MTA) received six private-sector responses to a Request for Qualifications to design, build, construct, finance, operate and maintain the Purple Line in Montgomery and Prince George's counties under Maryland's newly adopted Public-Private Partnership (P3) law.
The Federal Railroad Administration (FRA) issued an industry-wide Safety Advisory to help ensure railroads adhere to federal regulations regarding maximum authorized train speed limits. The advisory contains four recommendations to ensure railroads comply with speed restrictions through appropriate operating policies, procedures and effective implementation.
The Denver, Colo., Regional Transportation District (RTD) Board of Directors approved a $343-million contract award to Graham, Balfour Beatty, Hamon Constructors (GBBH) to design and build the North Metro Rail Line to 124th Avenue.
This year, the Metro Gold Line Foothill Extension Construction Authority was honored with five industry awards for the Gold Line Bridge, a 584-linear foot structure is says now serves as a gateway to the San Gabriel Valley.
The North Carolina Department of Transportation (NCDOT) is accepting applications through January 18, 2014, for recipients of $2.5 million to $3 million available in state grants through the Shortline Industrial Access Program (SIAP).
The Federal Transit Administration (FTA) will dole out $75 million in federal grant funds to extend the Metrolink 91 passenger rail line from Riverside to Perris, Calif.