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NYS&W receives state funds for rail terminal
The New York Susquehanna & Western Railroad Corporation (NYS&W) has received contract approval for more than $900,000 in funding for design and construction of a multimodal rail terminal in Cortland…
R & R Contracting acquires Oberkramer Contracting
RR Mergers & Acquisitions, a specialist in the sale of rail service and rail supplier companies in North America, said R & R Contracting has acquired Oberkramer Contracting.
Pioneer Railcorp purchases rail line from Maumee & Western Railroad
Pioneer Railcorp's wholly-owned subsidiary, Michigan Southern Railroad Company, purchased the rail line formerly known as the Maumee & Western Railroad Corporation (MAW).
Shortline tax credit extended as part of fiscal cliff deal
The shortline industry began the New Year with good news: Extension of the railroad track maintenance credit.
Watco to buy Ann Arbor Railroad
Watco Railroad Company Holdings, Inc., a subsidiary of Watco Companies, L.L.C., has reached a definitive agreement to purchase the stock of the Ann Arbor Railroad, Inc. (AA).
FRA grants funds for Pennsylvania rail bridge
The Federal Railroad Administration has awarded the county of Lycoming, Pa., a $2.4-million Rail Line Relocation grant to build a new bridge spanning the Loyalsock Creek in Loyalsock Township and…
San Pedro & Southwestern Railroad sets safety record
The San Pedro & Southwestern Railroad (SPSR) set a new safety record December 23, 2012, completing 5,000 days of accident-free operations on the Benson, Ariz.-based shortline.
STB approves GWI's control of RailAmerica railroads
The U.S. Surface Transportation Board (STB) has approved Genesee & Wyoming Inc.'s application to control RailAmerica, Inc., and the RailAmerica railroads, effective December 28, 2012.
Two Ohio grade crossings to see upgrades
The Public Utilities Commission of Ohio (PUCO) approved authorization from the Ohio Rail Development Commission to upgrade two grade crossings in Wellston and Cincinnati.
WisDOT awards funds to revive freight service
The Wisconsin Department of Transportation (WisDOT) is contributing more than $17 million toward a rail restoration project in Sheboygan County.
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