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11 April 2016

CP quits NS bid

On Monday, April 11, 2016, Canadian Pacific Railway Ltd. terminated its efforts to merge with Norfolk Southern Corp.. This includes "withdrawal of a resolution asking NS shareholders to vote in favor of good-faith negotiations between the two companies," CP sais. "No further financial offers or o ...

BNSF is weighing the fate of a planned $500-million intermodal facility following a court ruling last week that questioned the adequacy of the environmental analysis for the project.

The Federal Transit Administration (FTA) has issued Safety Advisory 16-1 to collect information on the frequency of stop signal overruns in rail transit and the actions being taken to address these occurrences.

Southeastern Pennsylvania Transportation Authority (SEPTA) will begin Provisional Revenue Service Operations for Positive Train Control following written authorization from the Federal Railroad Administration.

Watco Transloading has acquired River Road Terminals and has entered into a 10-year lease of the underlying 38 acres of real estate. At the end of the term of the lease, Watco has the option to take ownership of the real estate.

The Federal Railroad Administration (FRA) has revised the proposal to replace the Civil War-era Baltimore and Potomac (B&P) Tunnel based on feedback provided to the FRA by Baltimore residents.

Metra has laid out plans to begin infrastructure improvements to its stations, track, bridges and road crossings this year to ensure safe and reliable service and maintain a state of good repair systemwide. Construction work is expected to begin ...

In a unanimous vote, the New Jersey Transit Board of Directors appointed William Crosbie as the new executive director, effective on or about April 25, 2016.

OmniTRAX, Inc., selected Bridgewell Resources LLC, a wholesale distributor of ties and other materials, as the recipient of its first annual Supplier of the Year award.

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