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CSX sets 2015 capital expenditures at $2.5 billion
CSX Corporation had a lot of good news for investors during this mornings Quarter 4 2014 earnings conference call including record fourth-quarter 2014 net earnings. The railroad also unveiled that…
LEJAK and Associates Inc. acquires Alpha products
Alpha Products, Inc., a metal fabrication and stamping company based in Bedford Park, Ill., has completed its sale to a new ownership group led by John Marks of LEJAK &…
IntegriCo producing ties for five Class 1s; plans to open second facility in 2015
IntegriCo Composites, manufacturer of recycled plastic crossties, is now producing its product for five Class 1 railroads in North America.
BNSF wye project partners sign MOU to apply for federal funds
BNSF, the Minnesota Department of Transportation (MnDOT), the city of Willmar, Kandiyohi County and the Kandiyohi/Willmar Economic Development Commission have entered into a revised Memorandum of Understanding allowing the partners…
Amtrak Vermonter makes inaugural run on Knowledge Corridor
Massachusetts Gov.Deval Patrick joined Reps. Richard Neal (D-MA-1) and James McGovern (D-MA-3), Massachusetts Department of Transportation Acting Secretary and Chief Executive Officer Frank DePaola, local elected officials and community members…
KCS’ Starling issues annual “State of the Railroad” memo
"This year, the Kansas City Southern management team refined the company's vision, restating it to be the leading transportation provider both within and between the U.S. and Mexico by consistently…
NCDOT issues state rail plan executive summary
In anticipation of the January 2015 release of the Draft North Carolina Comprehensive State Rail Plan, the N.C. Department of Transportation (NCDOT) has issued the Plan's Executive Summary.
President Obama signs legislation extending shortline tax credit extension and enacting omnibus spending bill
President Obama signed two key pieces of legislation last week that will impact the rail industry.
HDR selected for D.C. to Richmond HSR environmental impact statement
The Virginia Department of Rail and Public Transportation has selected HDR to provide a Tier II Environmental Impact Statement for proposed high-speed rail to improve passenger rail service and alleviate…
Silver Line Phase Two receives approval for $598 million in TIFIA loans
U.S. Department of Transportation (USDOT) closed a $403-million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for Fairfax County and a $195 million TIFIA loan for Loudoun County to fund…
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