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LACMTA receives $545.9 million TIFIA loan for Crenshaw/LAX project
The U.S. Department of Transportation approved a $545.9 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan that will enable the Los Angeles County Metropolitan Transportation Authority (LACMTA) to advance…
Connecticut receives $120 million for high-speed rail
Connecticut will receive $120 million in high-speed intercity passenger rail program funding from the U.S. Department of Transportation to complete construction on the Hartford segment of the New Haven to…
White House expedites Southwest LRT and GCRTA station
As part of President Obama's We Can't Wait initiative, two nationally and regionally significant transit projects in Minneapolis, Minnesota and Cleveland, Ohio, will be expedited to put Americans to work…
Metro-North begins rehab work on three stations, plans for three more
Rehabilitation work has begun on New York's Metro-North Mount Vernon East, Pelham and New Rochelle stations and will begin next summer at Larchmont, Mamaroneck and Harrison stations in a major…
Kokomo railroad to reopen after $5.5 million rehabilitation project
Twelve miles of inactive railroad running through the city of Kokomo to Tipton, Ind., will soon be reopened to rail freight traffic by early 2014.
CP EVP/COO resigns
Mike Franczak, executive vice president and chief operations officer for Canadian Pacific, has resigned.
KCS appoints vice president sales and marketing
Kansas City Southern has appointed Stephen Schollaert as vice president sales and marketing. In this position, he leads the carload business unit for The Kansas City Southern Railway Company (KCSR)…
GWI completes RailAmerica acquisition
Genesee & Wyoming Inc. has completed the acquisition of RailAmerica, Inc. and entered into a new five-year Senior Secured Credit Facility comprised of a $1.875 billion term loan and $425…
AAR: Freight rail industry invests $23 billion so taxpayers don’t have to
In 2012, the freight rail industry will invest $23 billion to build, maintain and upgrade the nation's rail network, according to two new ads released by The Association of American…
CN to build two training facilities in Canada and U.S.
Canadian National revitalized its company-wide employee training program, which will be anchored by two modern training centers to be built in Winnipeg, MB, Canada, and in suburban Chicago, Ill.
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