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AAR: Freight railroads to spend a record $29 billion on network; hire 15k in 2015
U.S. freight railroads plan to spend an estimated $29 billion on the nation's rail network and project to hire about 15,000 people in 2015, the Association of American Railroads (AAR)…
Sen. Sanders wants $1 trillion for nation’s infrastructure
Sen. Bernie Sanders (I-Vt.), the Senate Budget Committee ranking member, has introduced legislation to rebuild America's crumbling network of roads, bridges and transit systems and other infrastructure projects. The five-year…
Minnesota Gov. Dayton reveals plan to fix state infrastructure
Minnesota Gov. Mark Dayton has proposed a plan to fix Minnesota's aging transportation systems, which would invest $6 billion over the next 10 years to address the state's highway funding…
Potash Ridge, Watco enter agreement on construction and rail service
Potash Ridge Corporation has signed a Memorandum of Understanding (MOU) with Watco Companies for activities related to the Build-Own-Operate (BOO) of a loading facility and shortline railroad to service the…
CFE takes on track project to improve freight congestion
The Chicago, Ft. Wayne & Eastern Railroad (CFE) is planning a track improvement project enabling 40-mph train speeds across the entire 315-mile rail line from Tolleston, Ind., to Crestline, Ohio.
ACE celebrates completion of Baldwin Avenue grade separation
Alameda Corridor-East Construction Authority (ACE) completed major construction on a four-lane roadway underpass and a two-track railroad bridge carrying freight trains over Baldwin Avenue, north of Valley Boulevard in the…
Watco to purchase 31 Kinder Morgan terminals
Watco Companies reached a definitive agreement with Kinder Morgan Terminals to purchase 31 terminal operations in the U.S. that span from Stockton, Calif., to Brooklyn, N.Y.
CRC alliance with Taylor-DeJongh to target expansion of CRC shortline portfolio
Continental Rail Corporation (CRC) says it has established a strategic relationship with energy and infrastructure banking firm Taylor-DeJongh that will target transportation infrastructure assets in North America.
Railway Age seeks Short Line/Regional Railroad of the Year
Railway Age is now accepting entries for its annual Short Line/Regional Railroad of the Year competition. Shortlines and regionals—and there are more than 500 of them—are invited to submit entries…
NTSB Most Wanted 2015: PTC implementation; improved tank car and mass transit safety
The National Transportation Safety Board (NTSB) says rail tank cars that carry crude oil, ethanol and other hazardous materials across the country must do it more safely, which is why…
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