Watco names SVP finance
Watco Transportation Services named Joe King senior vice president of finance. King will lead the teams of finance, accounting, revenue accounting and the SAP Team.
Watco Transportation Services named Joe King senior vice president of finance. King will lead the teams of finance, accounting, revenue accounting and the SAP Team.
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.
The California High-Speed Rail Authority (CHSRA) has reached a settlement agreement with the city of Bakersfield, Calif., which will result in the dismissal of California Environmental Quality Act (CEQA) litigation over the Final Environmental Impact Report/Environmental Impact Statement (EIR/EIS) for the Fresno to Bakersfield project section of the high-speed rail program.
Chief Executive Officer of Canadian Pacific E. Hunter Harrison has been named 2015 Railroader of the Year by Railway Age.
“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.
President Obama signed two key pieces of legislation last week that will impact the rail industry.
The Honolulu Authority for Rapid Transportation (HART) is taking several steps to reduce costs and explore new revenue sources in an effort to address what it sees as financial challenges ahead.
The Virginia Department of Rail and Public Transportation has selected HDR to provide a Tier II Environmental Impact Statement for proposed high-speed rail to improve passenger rail service and alleviate congestion between Washington, D.C., and Richmond, Va.
U.S. Department of Transportation (USDOT) closed a $403-million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for Fairfax County and a $195 million TIFIA loan for Loudoun County to fund construction of Phase Two of the Washington Metropolitan Area Transit Authority (WMATA) Silver Line extension.
The Sound Transit Board approved a $1.2-billion 2015 budget that continues major light-rail expansions, anticipates carrying more than 32 million riders and prepares for a future Sound Transit 3 ballot measure.
Approximately 30 people attended a meeting December 15 in Moses Lake, Wash., to discuss the Connell Rail Interchange, a key rail interchange in Eastern Washington where the Columbia Basin Railroad line intersects with BNSF’s Lakeside Subdivision line, which runs between Spokane and Pasco, Wash.
ARG Transportation Services’ Coos Bay Rail Link Director of Rail Operations Darrell Rodley and San Pedro & Southwestern Railroad Manager of Operations Richard Archunde have been promoted to general managers of their respective companies, effective January 1.
Jim Boxold has been named Secretary of the Florida Department of Transportation, (FDOT) effective January 3, 2015.
The Canadian government introduced new regulations to help prevent accidents and improve railway safety.
New York State awarded $17.8 million in funding from the State’s Passenger and Freight Rail Assistance Program to 12 rail projects that will repair and replace 65 miles of track and ties, rehabilitate grade crossings and bridges and construct new connections to improve safety and operations.
Congress approved the extension of the Section 45G shortline tax credit to cover all of the 2014 tax year.
Metropolitan Transportation Authority‘s Second Avenue Subway construction has reached a milestone with the on-time completion of the 86th Street Station cavern.
Four rail projects in South Dakota have received $56 million in public and private funds.
Following months of work, a multitude of inspections and an additional CA$10 million (US$8.6 million) investment, Central Maine & Quebec Railway (CMQ) got the go-ahead from Transport Canada.
On December 5, CMQ received the official revocation of a series of notices and orders, confirming immediate threats no longer exist on CMQ railway. The notices and orders were transferred to CMQ following its purchase of bankrupt Montreal Maine & Atlantic.
CMQ has spent the past four months installing more than 32,000 new crossties, 110,000 linear feet of rail and 25,000 tons of ballast, upgrading bridges, culverts and crossings, completing surfacing work and removing more than 300 in-track rail defects from its main tracks and sidings. The Sherbrooke subdivision is the 125-mile backbone of CMQ’s Quebec rail line and stretches from Lac-Mégantic to Brookport just east of Farnham.
“We had to make this investment. The line was covered in snow last February and March when we were finally able to begin our diligence, but we made a commitment to Lac-Mégantic Mayor Laroche and citizens, as well as many regulators, that we would address the years of neglect,” said CMQ President and Chief Executive Officer John Giles. “It was an extremely tough undertaking. We had industry peers questioning the amount of work that we signed up for with such a short construction season. I knew we were in good hands with Ron Marshall, general manager of engineering, leading this project with his team.”
When asked about the scope of project, Marshall commented, “This is one of the most challenging construction seasons I’ve ever been involved in. But I knew from my experience working with this team at RailAmerica that I would have the support I needed. This investment demonstrates our team’s commitment to operating the railway in a safe and responsible fashion.”
CMQ considers Phase 1 of its transformation now largely completed.
“Not to say we don’t have a lot more track and infrastructure work to do next spring, but we have already started Phase II, which focuses on growth, customers and interline partners,” said Giles.
New Jersey Transit (NJ Transit) has completed a three-year, $2.5-million project to stabilize and restore the historic Red Bank Station.