CSX is aiming for a $2.4 billion capital expenditure program in 2016, which reflects a $100 million reduction over 2015 numbers.
The largest container ship ever to call at a North American port, CMA CGM Benjamin Franklin, arrived at the Port of Los Angeles on Saturday, December 26.
The New Jersey Transit Board of Directors appointed Dennis J. Martin as interim executive director, effective Monday, December 28.
Amtrak activated the final stretch of Positive Train Control (PTC) along the Northeast Corridor (NEC) on Dec. 18. The technology is now active on all Amtrak-owned track between Washington, D.C., and Boston.
The U.S. House of Representatives and Senate passed a monster spending bill late last week, which will keep federal agencies funded through the end of September 2016.
The city of Edmonton, Alberta, Canada, has selected TransEd Partners to design, build, operate, maintain and finance stage one of the Valley Line LRT following an 18-month procurement process.
The Metropolitan Transportation Authority (MTA) presented its 2016 Final Proposed Budget and its 2016-19 Financial Plan, in which the agency says "a relentless emphasis on cutting costs will allow the MTA to invest $242 million in new service, maintenance and operations initiatives over the next four years, while limiting fare and toll increases to the rate of inflation."
CSX Corporation appointed Drew Glassman as vice president-strategy. Glassman brings 25 years of experience in corporate finance to his new role, in which he will oversee company-wide initiatives that position CSX for success.
The Sound Transit CEO Search Committee has recommended Peter M. Rogoff, the federal government's third-highest transportation official and former Federal Transit Administrator, as its top candidate to serve as Sound Transit's new leader.
Two freight train derailments during the weekend of November 7 and 8 in Alma and Watertown, Wis., have elected officials calling for advanced rail safety efforts at the state and federal level.