Latest Rail News

Federal Signal Corporation said that it has amended its definitive arrangement agreement with Sirit Inc. (TSX: SI), a global provider of radio frequency identification technology. Under the terms of the amendment, Federal Signal will acquire all of the issued and outstanding common shares of Sirit for cash consideration of C$0.43 per share by way of a court approved plan of arrangement under the Business Corporations Act, an increase of C$0.13 per share or 43 percent over the original cash consideration. The transaction has a total equity value of approximately C$72 million (US $69 million).

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Amtrak awarded the Dana B. Kenyon Company a $25-million contract for the construction of a maintenance facility located in Hialeah, Fla., near Miami. Construction will begin this spring and will be completed in February 2011.

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Amtrak has asked seven architectural and real estate firms to submit proposals to redevelop a key part of Chicago's Union Station and plans to select a winning proposal by the end of May, the Chicago Tribune reports. The firms include the Chicago office of architects Skidmore, Owings & Merrill; Chicago developer U.S. Equities Realty and the Chicago office of Jones Lang LaSalle, which currently manages Union Station for Amtrak.

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A key Illinois General Assembly committee votes on SB2571 Feb. 23, which would create the Illinois High Speed Rail Authority. The Authority would be charged with designing, financing, building and operating a high speed rail network on speeds up to 220 mph using new infrastructure. Responsibility for upgrades to 110 mph would remain the responsibility of the Illinois Department of Transportation.


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Drivers will spend less time waiting for trains to pass as Union Pacific increases the speed of its trains on the rail line that parallels Loop 529 in Rosenberg, Texas. The train speed limit will increase from 10 miles per hour to 40 mph on nearly three miles of track that crosses Junker and Scott Roads.

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Employees of the Huron & Eastern Railway Company voted in favor of union representation by the Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters. After the votes had been counted, an overwhelming majority of Huron & Eastern employees chose to be represented by the Allied Federation, which already represents more than 7,000 members of the BMWED/IBT.


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Jobs. Thousands of them. That's one of the main ways supporters pitched the two trains heading for Orlando, Fla., the Sentinel reports.

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A plan to build a new railroad through George County, Miss., that will connect the Port of Pascagoula with rail connections at Lucedale and Meridian has hit its first bump in the road, but has not been derailed, the Hattiesburg American reports.

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The rail stop adjacent to the former Chrysler plant is one of the site's most significant assets -- but the trains could cease stopping there if one of several proposed Newark, Del., station locations gains the support of transportation officials, The News Journal reports.

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The time could be ripe to attract federal money for a trolley system connecting downtown Lorain, Ohio, with other parts of the community, supporters of Lorain Street Railway said, the Morning Journal reports. 

On Feb. 22, Lorain City Council committees will consider a presentation from Dennis Lamont, president of Lorain Street Railway, which advocates the streetcar system.



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