Gross & Janes Co. acquired a crosstie production facility in Taylor, Ark., and approximately 4,200 acres of hardwood timber in Arkansas and Louisiana from Tucker Lumber Company and Smith-Turner Land Company. Terms of the deal, which was completed on January 9, 2012, were not disclosed.
With demand for intercity passenger rail service on the rise, Amtrak is moving forward with an aggressive agenda for 2012 and building for the future while strengthening current services.
Senator Dianne Feinstein (D-Calif.) urged California Governor Jerry Brown to act swiftly to improve the viability of high-speed rail in California by strongly supporting a plan to move the California High Speed Rail Authority into a transportation agency under the governor's direction.
CSX introduced a new program, CSX Select Sites, offering customers an easy way to access certified, rail-ready properties for a variety of industrial uses.
The Surface Transportation Board selected new appointees to serve on the Railroad-Shipper Transportation Advisory Council. RSTAC consists of 15 members appointed by the board's chairman. It provides a forum for the discussion of matters of concern to rail shippers and railroads.
Norfolk Southern participated in the location of 73 new industries and the expansion of 27 existing industries along its rail lines in 2011.