Simmons-Boardman Rail Group, which consists of Railway Age, Railway Track & Structures (RT&S) and International Railway Journal (IRJ), has been awarded the event guide contract and emedia partner for Railway Interchange 2015.
President Obama unveiled his proposed budget for Fiscal Year 2016, which includes a six-year $478-billion surface transportation reauthorization proposal that contains rail funding sources through the Generating Renewal, Opportu¬nity, and Work with Accelerated Mobility, Efficiency, and Rebuilding of Infrastructure and Communities throughout America (GROW AMERICA) Act.
Norfolk Southern is targeting a $2.4-billion capital expenditure program in 2015 the railroad revealed during its fourth-quarter and full-year 2014 results presentation. This year's program reflects a $277-million increase over the railroad's 2014 program.
CSX Corporation had a lot of good news for investors during this mornings Quarter 4 2014 earnings conference call including record fourth-quarter 2014 net earnings. The railroad also unveiled that it will target a $2.5-billion capital expenditure program in the upcoming year. In 2014, the railroad targeted a $2.3-billion capital spend program.
BNSF, the Minnesota Department of Transportation (MnDOT), the city of Willmar, Kandiyohi County and the Kandiyohi/Willmar Economic Development Commission have entered into a revised Memorandum of Understanding allowing the partners to apply for federal funds to help pay for a wye project.
In anticipation of the January 2015 release of the Draft North Carolina Comprehensive State Rail Plan, the N.C. Department of Transportation (NCDOT) has issued the Plan's Executive Summary.
President Obama signed two key pieces of legislation last week that will impact the rail industry.
The House and Senate's effort to keep the federal government operating through the end of fiscal year 2015 was revealed late Tuesday in the form of a trillion-dollar-plus spending bill, Consolidated and Further Continuing Appropriations Act of 2015.
Two North American companies won top honors for Bentley System, Inc.'s Be Inspired Awards, part of Bentley's annual Year in Infrastructure Conference, held in London, U.K., Nov. 4-6. Bentley provides software solutions to engineers, architects and constructors for sustaining intelligent infrastructure. The awards recognize users' efforts to improve the world's infrastructure.