Track Structure

TriMet operates MAX test train over Tilikum Crossing

For the first time, Oregon’s TriMet operated an electrified MAX test train on the northern segment of the new Portland-Milwaukie Light Rail Transit Project alignment, including Tilikum Crossing, Bridge of the People, on Wed., Jan. 21. A powered Portland Streetcar train also traveled across the bridge during the systems test.

Koppers purchases creosote business from KMG Chemicals; agrees to sell utility pole business

Koppers Inc. has acquired the creosote distribution business of KMG Chemicals, Inc., for $12.5 million plus the fair market value of inventory, which is estimated at $3 million. In addition to inventory, the acquisition includes the transfer of leased railcars and storage tanks from KMG to Koppers, as well as various customer agreements. Operating results from this business will be included in Koppers Carbon Materials and Chemicals business segment.

CSX sets 2015 capital expenditures at $2.5 billion

CSX Corporation had a lot of good news for investors during this mornings Quarter 4 2014 earnings conference call including record fourth-quarter 2014 net earnings. The railroad also unveiled that it will target a $2.5-billion capital expenditure program in the upcoming year. In 2014, the railroad targeted a $2.3-billion capital spend program.

Amtrak Vermonter makes inaugural run on Knowledge Corridor

Massachusetts Gov.Deval Patrick joined Reps. Richard Neal (D-MA-1) and James McGovern (D-MA-3), Massachusetts Department of Transportation Acting Secretary and Chief Executive Officer Frank DePaola, local elected officials and community members Dec. 22 for the inaugural run of Amtrak‘s Vermonter service on the Knowledge Corridor.

KCS’ Starling issues annual “State of the Railroad” memo

“This year, the Kansas City Southern management team refined the company’s vision, restating it to be the leading transportation provider both within and between the U.S. and Mexico by consistently providing superior value to our customers, offering challenging careers to our employees and increasing value to our shareholders,” stated KCS’s President and Chief Executive Officer David Starling in his annual “State of the Railroad” memo.