Latest Rail News

Illinois Transportation Secretary Gary Hannig said that a historic public-private partnership agreement on high-speed rail development is in place to bring Illinois one giant step closer to achieving high-speed passenger service between Chicago and St. Louis by 2014.

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L. B. Foster Company announced the expiration of the subsequent offering period offered by its wholly-owned subsidiary, Foster Thomas Company, for its cash tender offer for all outstanding shares of common stock of Portec Rail Products, Inc. The subsequent offering period expired at 5:00 p.m., New York City time, on December 21, 2010.

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MTA NYC Transit reopened the Rockaway Park-bound platforms at the Beach 105th Street-Seaside and Beach 90th Street-Holland stations. The rehabilitation of these stations is part of a $117-million project encompassing nine stations on the Rockaway Peninsula.

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Tracks between San Juan Capistrano and Oceanside, Calif., remain closed due to mudslides. Trains are only operating as far south as Laguna Niguel. Metrolink is continuing to provide bus transportation between Oceanside and Laguna Niguel.

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With a new majority in the House, a new chairman and many new members of the House Transportation and Infrastructure Committee, as well as a changing national economic picture, it is worth asking the question, "What's ahead for transportation in 2011?"  The American Association of State Highway and Transportation Officials (AASHTO) has compiled a list of very distinct - and pressing - issues that loom at the local, state, and federal levels.

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L.B. Foster Company has begun delivering 28,500 tons of 115-pound standard continuous welded rail to New England Central Railroad (NECR), an operating subsidiary of RailAmerica, Inc., for upgrading approximately 140 miles of  track. L.B. Foster's specially-equipped cwr trains will complete 18 shipments of welded rail by mid-2011 for installation at various locations throughout Vermont.

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The Association of American Railroads released the 2010 Edition of Railroad Facts - the premier industry statistical reference book. The publication notes that in 2009, rail traffic experienced the largest percentage decrease since 1949 with carloads down 15.1 percent and ton-miles down 13.8 percent, but that aggressive cost management by railroads helped to bolster year-end performance and allowed for record capital investment totaling $9.9 billion.

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The Burlington BNSF bridge is a swing span no more, the Burlington Hawk Eye reports. Ending 119 years as a less-than-150-foot navigation channel, the new lift span that was floated in December 20 will more than double the navigation channel when it reopens to barge traffic in the spring. ...
More subway customers than ever now benefit from knowing exactly when their train will arrive as countdown clocks have been activated in 100 stations along MTA New York City Transit's numbered lines. This important milestone exceeds the MTA's original goal to get 75 stations online by the end of ...
L.B. Foster Company said that its wholly-owned subsidiary, Foster Thomas Company, has extended its cash tender offer for all outstanding shares of common stock of Portec Rail Products, Inc., until 5:00 p.m., New York City time, on December 22, 2010. The tender offer was previously set to expire ...
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