Latest Rail News

Genesee & Wyoming Inc. appointed Ann Reese to its board of directors, effective February 2, 2012. Reese will serve on GWI's Audit Committee.

Amtrak is requesting $450 million in federal operating support for fiscal year 2013, a lower amount than the $466 million appropriated by Congress for FY 2012. The ability to seek reduced federal operating funding results from ongoing efforts by Amtrak to improve its financial performance, includ ...
Canadian Pacific, by leveraging its north mainline infrastructure, is now shipping crude oil by rail from a new transload facility near Lloydminster, Saskatchewan, Canada. This new facility is a key enhancement to CP's growing energy portfolio. It accommodates the initial transload and transporta ...

The Wood Energy Group, Inc., a division of Banyan Rail Services Inc., hired Natalie Ann Macey as vice president sales and marketing.

RailAmerica has signed an agreement to acquire Marquette Rail LLC for $40 million, subject to final adjustments for working capital. The acquisition is subject to customary closing conditions and Surface Transportation Board approval.

The Broward County Board of County Commissioners in Florida approved a 30-year lease and operating agreement with the Florida East Coast Railway, L.L.C., to develop an Intermodal Container Transfer Facility at Port Everglades, which will allow freight to move more efficiently between south Florid ...

Construction has begun on a new 2.6-mile streetcar line in Georgia that will run through the heart of Atlanta's business, tourism and convention corridor and bring jobs and new development to the city.

Axion International has received a purchase order for its first installation of ties from another Class 1 railroad. This represents the second of the nation's Class 1 rail lines that Axion is doing business with, following a multi-year contract announced earlier in 2011.

House Transportation and Infrastructure Committee unveiled the American Energy & Infrastructure Jobs Act. The initiative is a five-year, $260 billion infrastructure bill that reforms transportation programs and promotes increased domestic energy production to create American jobs.

The Association of American Railroads said the bill designed to fix the nation's crumbling transportation infrastructure will actually accelerate road and bridge damage and trigger an increase in taxpayer subsidies to the trucking industry, allowing for 20 percent heavier trucks and triple traile ...
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