Watco acquires assets to Industrial Terminals
Watco Companies, LLC, the owner and operator of Greens Port Industrial Park (Greens Port), located on the Houston Ship Channel, has acquired the assets of Industrial Terminals, L.P.
Yards & Terminals
BNSF plans $230 million capital program for California
BNSF Railway Company (BNSF) has announced a 2018 capital expenditure program for California valued at about $230 million.
Pennsylvania approves $32 million in funding for rail
The Pennsylvania State Transportation Commission has approved $32 million in grants to 27 rail freight improvement projects that will help sustain more than 400 jobs across Pennsylvania.
Begeman named permanent STB chairman
Ann Dawn Begeman was designated permanent chairman of the Surface Transportation Board (STB) March 19 by President Trump. She has been acting chairman since January 2017.
Pacific Harbor Line marks 20th anniversary
The Pacific Harbor Line (PHL) recently celebrated the 20th anniversary of railroad services in the Ports of Long Beach and Los Angeles area.
DEIR released for LACMTA turnback facility
A Draft Environmental Impact Report (DEIR) has been released for a Los Angeles County Metropolitan Authority (LACMTA) project that will speed the turnaround time Red and Purple line trains need at Union Station, which will allow more of these trains along the lines.
Rail takes 10 percent of TIGER grants (so far)
Four rail specific and rail related projects have been awarded a total of $54.5 million in Transportation Investment Generating Economic Recovery (TIGER) grants. This represents about 10 percent of the $500 million available in the latest round of TIGER funding.
KCS-served rail park to be built in southern Illinois
A collaboration between Stonemont Financial Group and the Jerseyville Economic Development Council in Jerseyville, Ill., unveiled plans to build a 1,400-acre, rail-served industrial park.
New York state has $26.5 million available for rail and port grants
New York state has $26.5 million in funds available for rail and port projects as part of the Passenger and Freight Rail Assistance Program.
Quebec transshipment center awarded government funds
A project to develop a railroad transshipment center at the regional industrial park in Saint-Tite, Quebec has been awarded funds from the Canada Economic Development for Quebec Regions (CED).
BNSF to spend $375 million on Texas capital program
BNSF plans to spend more than 11 percent of its total capital program in Texas this year, with nearly half of the $375 million state plan going toward maintenance projects.
BNSF plans $160M Washington state capital program
BNSF Railway plans to spend $160 million in Washington state during 2018. The state capital plan is part of its larger $3.3 billion 2018 capital plan.
CDPQ Infra awards REM contracts; set construction date
CDPQ Infra said two consortia, Groupe NouvLR and Groupe des Partenaires pour la Mobilité des Montréalais (PMM), won contracts for the Réseau express métropolitain (REM) project, which will begin construction in April.
Loram to acquire GREX
Loram Maintenance of Way, Inc., and Georgetown Rail Equipment Company (GREX) have completed a definitive merger agreement where Loram will acquire all outstanding shares of GREX.
PANYNJ to study two alternatives to improve freight movement
The Port Authority of New York and New Jersey (PANYNJ) has moved into the second phase of environmental review for the Cross Harbor Freight Movement Program.
BNSF details $3.3B capital program for 2018
BNSF Railway has released details about its 2018 capital plan of $3.3 billion, noting that it reflects a continued focus on maintaining its network, as well as expansion projects aimed at meeting customer demands.
UP’s planned 2018 capital program up 6%
Union Pacific will target a 2018 capital plan of approximately $3.3 billion, pending final approval from its Board of Directors.
NS targets $1.8B capital plan in 2018
Norfolk Southern plans a capital program of $1.845 billion in 2018, continuing what the railroad calls a balanced deployment of capital.
UP begins Brazos Yard construction
Construction began early this month on Brazos Yard in Robertson County, Texas. Union Pacific says the $550-million yard is the largest capital investment in a single facility in its history.
Capacity, equipment, tech investments drive record CN capital program
Canadian National plans a CA$3.2 billion (US$2.59 billion) capital program in 2018; a record for the railroad, as well as an increase of approximately 23 percent over its 2017 program.