Latest Rail News

Watco Companies has successfully acquired the remaining interest in Greens Port Industrial Park (GPIP) located on the Houston ship channel in Houston, Texas. Watco has owned a minority interest in the property since 2004, when GPIP was originally acquired from AK Steel. Watco acquired the General Partnership interest of GPIP from Charles Iupe, a Houston based real estate developer who has been involved since 2004, along with all other limited partnership interests.

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Federal Signal's Environmental Solutions Group appointed Randy Dickens as the new sales manager for the Midwest region of the United States for the group's direct sales channel, operating out of Seneca, Ill. In this new role, Dickens will be responsible for managing and overseeing the growth of new unit sales for the Guzzler, Vactor HXX and Jetstream brands in the industrial, utility and construction market segments in Illinois, Indiana, Iowa, Minnesota, Missouri and Wisconsin.

 

 

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The results of the 2010 NRC/RT&S/Commercial Insurance Associates Safe Railroad Contractor of the Year Awards have been announced. This year featured near record participation in the contest, with 45 total railroad contracting companies preparing entries. Every one of these comp ...
Work can now begin on improvements that will allow double-stacked trains to move freely from Northwest Ohio through Pennsylvania, West Virginia and Maryland thanks to an agreement between the U.S. Department of Transportation and the Ohio Rail Development Commission, U.S Transportation Secretary ...
The Seattle-area's Sound Transit Board of Directors adopted a 2011 budget that continues the momentum on major projects under way and sets a long-term path for delivering the bulk of Sound Transit 2 expansions approved by voters in 2008. The Board will continually evaluate options for completing ...
Work can begin on improvements to the Wonderland Station transit facility in Revere, Mass., thanks to an agreement between the U.S. Department of Transportation's Federal Transit Administration and the Massachusetts Bay Transportation Authority, U.S. Transportation Secretary Ray LaHood said. ...
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 ...
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