VPRA Awarded $729MM for TRV Initiative Projects

RICHMOND, Va. – The Virginia Passenger Rail Authority (VPRA) announced it was awarded a grant totaling $729 million from the FRA via the Federal-State Partnership for Intercity Passenger Rail Program (FSP-National).

CN to Acquire Iowa Northern

MONTREAL –– CN on Dec. 6 reported signing and closing an agreement to acquire Iowa Northern (IANR), an approximately 275-mile U.S. regional railroad that it interchanges with in Waterloo and Cedar Rapids. Terms were not disclosed.