Latest Rail News
RailAmerica, Inc. has signed an agreement to acquire the assets of three short-line freight railroads in the state of Alabama for a total purchase price of $12.7 million. The transaction is expected to close in the second quarter of 2011 and is subject to customary closing conditions including r ...
The City of Chadron, Neb. and the Nebraska Northwest Railroad will soon begin rebuilding its tracks and rail yard thanks to an agreement with the U.S. Department of Transportation for a $4.9 million grant. The grant from the U.S. Department of Transportation's TIGER II program will be ...
U.S. Transportation Secretary Ray LaHood has announced more than $300 million in obligated grants that will enable the expansion of high-speed intercity passenger rail corridors from coast-to-coast. Work can now begin on rail projects that will create new manufacturing and construc ...
Banyan Rail Services Inc., based in Boca Raton, Fla., has announced that its wholly-owned subsidiary, The Wood Energy Group, Inc. has entered into an amended service agreement with Kansas City Southern Railway Company for the gathering, pick-up and disposal of scrap rail ties. Wood Energy, based ...
In a March 30 ribbon-cutting ceremony, KCS and Rehrig Pacific Company celebrated the opening of a new transload facility to be served by KCS and operated by RPC at an industrial park in the City of Queretaro. KCS de Mexico president and executive representative Jose Zozaya and RPC chief executi ...
U.S. Transportation Secretary Ray LaHood announced $3.3 million for the State of New York to add track and rail capacity in the congested Upstate New York area, advancing the state's high-speed intercity passenger rail program. The project will relieve congestion, leading to greater re ...
California's Caltrain Board of Directors voted unanimously to postpone a decision on a reduced train schedule until April 21 and directed staff to work to identify additional funds that would make the cuts unnecessary. Board members expressed the desire to make no cuts to the current 86-train sc ...
The Railroads, Pipelines and Hazardous Materials Subcommittee of the Transportation and Infrastructure Committee heard testimony April 7 from a wide array of transportation stakeholders regarding their priorities for streamlining and improving programs, and reducing unnecessary regulatory burden ...
The Federal Railroad Administration has issued a Safety Advisory to remind freight railroad operators and their employees about hazards associated with switching operations. FRA's Safety Advisory addresses the need to follow federal regulations and railroad operating rules that govern ...
March marked 17 consecutive months of year-over-year ridership growth for Amtrak, was the best March ever for the company and puts Amtrak on track to set another annual ridership record. "Our ridership has grown more than 36 percent since 2000, and I expect that trend to continue ...
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