The Surface Transportation Board approved the request of Iowa Pacific Holdings, LLC, for common carrier status, which will allow them to reopen the Tahawus Line between North Creek and Newcomb, N.Y., and resume hauling freight to and from businesses along that line.
Invensys Rail Corp. acquired PHW, Inc., from the current owner/managers for up to $24,000,000.00. The company will operate as a wholly-owned subsidiary of Invensys Rail Corp.
L.B. Foster Company plans to sell its railway securement business in a transaction expected to be completed by the end of the second quarter. L.B. Foster acquired the shipping systems division as part of its acquisition of Portec Rail Products, Inc. in December 2010.
New York Metropolitan Transportation Authority has completed the work that transformed the southern terminal of the A Line into a sparkling, steel and glass, state-of-the art transit facility and was marked with a ribbon-cutting ceremony attended by MTA leaders and local elected officials.
Norfolk Southern is making it easier for communities, businesses and informed observers to report issues relating to public safety and security to the railroad's police force. The NS announcement is a significant expansion of the community-based rail security initiative started by BNSF.
The Denver Regional Transportation District, the Colorado Department of Transportation and SEMA Construction broke ground on RTD's I-225 Light Rail Line extension. This kicks off construction on the first segment of the light-rail project from Nine Mile to Iliff.
A final agreement of $15.8 million for the West Detroit Connection Track project has been made. The project will eliminate congestion for Detroit-area Amtrak passengers by addressing a bottleneck that comes from serving both freight and passenger rail on the same tracks.