Negotiations have concluded between the city of Sioux Falls, S.D., and BNSF for the purchase of the downtown rail yard. The city has agreed to purchase more than 10 acres of the rail yard for $27,334,500, utilizing funds from the federal highway bill.
The Metropolitan Transportation Authority's (MTA) July 2015 Financial Plan will generate up to $2.4 billion worth of new funding for the 2015-19 Capital Program, due to unanticipated revenues, greater cost savings and more efficient operations.
The Texas Central Partners (Texas Central) Board of Directors has appointed Tim Keith as the new chief executive officer for the organization effective immediately.
The California High-Speed Rail Authority (CHSRA) awarded SENER the contract to develop the engineering and environmental services for the Palmdale to Burbank section of the California high-speed line.
The Senate Finance Committee met to debate legislation put forward by Sen. Orrin Hatch (R-UT) to extend expiring tax credits, including the Section 45G railroad track maintenance credit.
Rail infrastructure and maintenance company Harsco Rail plans to move all technology products and services under the Protran Technology brand, including Zeta Tech.
The Federal Railroad Administration (FRA) has launched a comprehensive, focused safety review of the New York & Atlantic Railway's (NY&A) safety culture and management practices.
Canadian Pacific has unanimously elected Andrew Reardon chairman of the board.
Jacobs Engineering Group Inc. was awarded a contract to provide design services for the Construction Package 2-3 (CP 2-3) of the California High Speed Rail, which represents the continuation of construction on the California high-speed rail system south towards Kern County.
Lisa Raitt, Canada's minister of transport, signed a Memorandum of Understanding (MoU) and Action Plan with South Korea to promote cooperation in the field of transport, with a focus on gateways, air and rail transportation activities.