Watco Companies reached a definitive agreement with Kinder Morgan Terminals to purchase 31 terminal operations in the U.S. that span from Stockton, Calif., to Brooklyn, N.Y.
Recent track upgrades meeting or exceeding all applicable Federal Railroad Administration standards will allow Union Pacific to increase the speed of its trains in several locations on its rail line between Arlington and Picacho, Ariz.
New York Gov. Andrew Cuomo detailed his "2015 Opportunity Agenda" initiative, which includes a six-point plan outlining his vision to strengthen and modernize New York's infrastructure, including an AirTrain to LaGuardia Airport.
All Aboard Florida has selected Moss & Associates as the general contractor for the Fort Lauderdale and West Palm Beach stations. Construction activities are expected to commence at the end of the first quarter.
Canadian Pacific has appointed Timothy Marsh to senior vice-president sales and marketing, effective Feb. 1, 2015.