Negotiations have concluded between the city of Sioux Falls, S.D., and BNSF for the purchase of the downtown rail yard. The city has agreed to purchase more than 10 acres of the rail yard for $27,334,500, utilizing funds from the federal highway bill.
The Senate Finance Committee met to debate legislation put forward by Sen. Orrin Hatch (R-UT) to extend expiring tax credits, including the Section 45G railroad track maintenance credit.
The Federal Railroad Administration (FRA) has launched a comprehensive, focused safety review of the New York & Atlantic Railway’s (NY&A) safety culture and management practices.
Canadian Pacific has unanimously elected Andrew Reardon chairman of the board.
Lisa Raitt, Canada’s minister of transport, signed a Memorandum of Understanding (MoU) and Action Plan with South Korea to promote cooperation in the field of transport, with a focus on gateways, air and rail transportation activities.
Northland Transportation Commission (Ontario Northland) and Teamsters Rail Conference Maintenance of Way Employees Division (TCRC MWED) ratified a new five-year collective agreement with 94 percent of the vote was in favor of the agreement.
The U.S. House of Representatives approved a five-month, $8-billion extension of surface transportation programs on July 15. The new extension would give lawmakers until Dec. 18 to find a longer-term solution.
Kansas City Southern (KCS) appointed Brian Hancock to executive vice president and chief marketing officer, reporting to KCS president Patrick Ottensmeyer.
BNSF Logistics, LLC, acquired Transportation Technology Services (TTS), an engineering and logistics services provider focused on rail solutions for over-dimensional cargoes. BNSF Logistics says TTS has particular expertise and market presence in the wind energy industry. BNSF Logistics is an indirect, wholly owned subsidiary of BNSF and provides third-party freight logistics services.
Union Pacific will strengthen its transportation infrastructure in Missouri by investing nearly $15 million in the rail line between the Missouri/Iowa border and Trenton. The project began July 9 and is scheduled to be completed the mid-August.
RailComm completed the installation of a remote control system at , what the company called, a critical Ferromex location in Mexico. This marks the second fully operational yard automation solution in the state of Coahuila and the continued expansion of RailComm’s presence in the Mexican rail market.
Canadian Pacific recently met with officials from the city of Vancouver, British Columbia, to discuss its operating plan for the Arbutus corridor rail line.
Watco Companies appointed Ed McGuire to executive vice president – strategic planning. McGuire is an experienced transportation industry investment banker who has been a key advisor to Watco during the past 10 years.
CSX successfully completed its 17th annual Maintenance Jamboree, a track safety and maintenance blitz that completes months of rail, tie, signal and bridge work on key rail corridors in a single week.
The U.S. Senate Committee on Commerce, Science, and Transportation’s Subcommittee on Surface Transportation and Merchant Marine Infrastructure, Safety and Security held a hearing on July 7 taking on the role technology plays in transportation systems.
DTE Energy says a project to extend a rail line in its rail yard at West Jefferson and Van Horn in Trenton, Mich., will improve safety and traffic flow for local motorists.
Five grade crossings in New Jersey and Ohio will see improvements over the course of the summer.
Union Pacific released details of a $6 million project being performed on the rail line between Hillsboro and South Roxana, Ill. The project, which is part of the $119 million the railroad plans to spend in Illinois this year, began June 24 and is scheduled to be completed the end of July.
Canadian Pacific, citing personal reasons, said that Stephen Tobias has resigned from the Board of Directors of Canadian Pacific Railway Limited and Canadian Pacific Railway Company, effective June 29, 2015. Tobias joined the board in May 2012.
Kansas City Southern (KCS) will invest approximately $20.9 million in 2015 on construction and improvement projects on the Mexico and Roodhouse Subdivisions, with work planned between Clark, Mo., and Roodhouse, Ill.