Latest Rail News
Speaker Nancy Pelosi (D-Calif.) issued the following statement about the Department of Transportation awarding $6 million to the San Francisco Municipal Transportation Agency for the Central Subway/Third Street Light Rail project. Speaker Pelosi obtained the funds as part of the fiscal year 2010 ...
L.B. Foster Company said that the United States District Court for the District of Columbia signed the Hold Separate Stipulation and Order and that L.B. Foster's direct wholly-owned subsidiary, Foster Thomas Company, has completed its cash tender offer for Portec Rail Products, Inc. The tender ...
The Federal Transit Administration notified Congress of its intent to grant the Houston METRO $50 million for project development work on the North and Southeast light rail lines. The funds will come from the fiscal 2010 federal budget and are expected to be made available to METRO by December 17. ...
The Regional Transportation District in Denver is no longer considering a proposed relocation of the FasTracks Gold Line rail station on Federal Boulevard after the Adams County Commissioners withdrew their support December 15 for the new location. RTD received approval in June from th ...
December 17-19, Metro in Washington, D.C., will replace a track switch, and install new rail and communications cable in support of expanded cell phone coverage to improve long-term reliability and service. As a result of this work, trains on the Red, Blue and Orange lines will be single-trackin ...
Parts of the track are in poor shape, says a recently released report on the Kettle Falls International Railway (KFR), the Grand Forks, Idaho, Gazette reports. Entitled "City of Grand Forks Shortline Railway Business Case Final Report," the purpose of the report was to provid ...
The old National Lead Industries railroad between Tahawus and North Creek, N.Y. could be running again, if Iowa Pacific Holdings of Chicago gets possession of it. Iowa Pacific wants to buy the 28-mile railroad line that goes from North Creek to the National Lead titanium mines in Newco ...

Watco Companies, Inc., and Kinder Morgan Energy Partners, L.P., reached an agreement whereby Kinder Morgan will invest up to $150 million over the next year in Watco Companies in exchange for a preferred equity position in the company. Kinder Morgan's initial investment will be $50 million upon closing, which is scheduled to occur in January of 2011.

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The Department of Justice has given their final approval of and entered into an agreement with L.B. Foster Company and Portec Rail Products, Inc., relating to L.B. Foster's acquisition of Portec and the sale of certain assets related to Portec Rail's rail joint business primarily located at Port ...
Urban Engineers, Inc. has appointed Kenneth Fulmer, P.E., C.C.M., as director of transit and passenger rail where he will lead the firm's efforts in the development of the nation's transit and high-speed rail program. Since joining Urban in 1992, Fulmer has taken on increasing resp ...
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