Latest Rail News

L.B. Foster Company and Portec Rail Products, Inc., said that they have each received a formal second request for additional information and documentary material from the Antitrust Division of the Department of Justice regarding the Agreement and Plan of Merger dated February 16, 2010 pursuant to which L.B. Foster proposed to acquire Portec through a tender offer and subsequent merger.

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The Winter Haven, Fla., City Commission approved the first reading for a land-use change enabling progress to continue on the proposed Integrated Logistics Center to be developed in conjunction with the CSX Intermodal Terminal planned for the southern portion of the city, the News Chief reports.

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Senior executives from Kansas City Southern and Norfolk Southern recently made their annual inspection trip across the Meridian Speedway to see the capital improvements that have been made to increase capacity and improve transit over the line from Shreveport, La. to Meridian, Miss., KCS News, the company newsletter, reports.

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Denver's RTD has reached a total $143.8-million agreement with BNSF that will move progress forward on two FasTracks corridors to Arvada/Wheat Ridge and Westminster, Colo., according to a column by Kevin Flynn in InDenver Times. The comprehensive agreement includes $102.7 million for the outright purchase of railroad right-of-way for the Gold Line and several miles of the Northwest Rail FasTracks corridors; a lump sum of $36.9 million in relocation funding for BNSF to move and replace its facilities that are in the way of RTD's projects; up to $4 million in direct reimbursements of BNSF's other costs for additional construction or relocation that may occur incidental to the projects and $200,000 for title insurance, closing costs and escrow fees.

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Metra plans to spend $100 million to install a high-tech system that would keep trains from colliding or prevent a distracted engineer from speeding through a warning signal to slow down or stop, the Chicago Tribune reports.

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Repairs to the Fredericksburg, Va., train station could be under way this summer, The Free Lance-Star reports. Virginia Railway Express received permission from its Operations Board to issue an invitation for construction bids to repair the drainage system in the station's railroad bridge.

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Momentum is building for running conventional passenger trains between Norfolk and Richmond, Va., as an interim step to getting high-speed rail, The Virginian-Pilot reports. The budget approved by the Virginia General Assembly last week waives a 30 percent match on state Rail Enhancement Funds, clearing a financial hurdle that will allow construction to begin later this year and for trains to run within three years.

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Los Angeles Metro will be conducting a second round of exploratory drillings March 22-April 7 as part of the planning and environmental analysis for the proposed Crenshaw /LAX Transit Corridor Project.

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Work on a $2.8-million project to add additional signals to the Caltrain signal system took place from 8 p.m. to 4 a.m., Friday, March 19 and Saturday, March 20 between the San Mateo and Redwood City stations.

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Elburn, Ill., Planning Commissioners revisited a past proposal to construct a pedestrian crossing over the railroad tracks between the Metra station and the north side of the village, local newspapers report. They hope the village can pursue the project in the future to reduce risks for people walking across the railway to and from the station and their homes or downtown Elburn.

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