Fortress Transportation and Infrastructure Investors LLC (“FTAI”; Nasdaq: FTAI) announced that its Board of Directors has approved the details and timing of the spin-off of its infrastructure business.
It will not help the current global crisis, but it will make it more resilient for the next one.
[This week,] federal, state, and local leaders joined JAXPORT and the US Army Corps of Engineers (USACE) Jacksonville District to celebrate the completion of the Jacksonville Harbor Deepening Project through JAXPORT’s Blount Island Marine Terminal.
Union Pacific was hauling away a local landmark late last week in Liberty, Texas.
Texas Gov. Greg Abbott’s crackdown on border crossing inspections has Mexico drawing a line in the sand. Make that a line in New Mexico.
Rail lines and water lines are both important in Bellingham, Wash.
There is plenty of rail maintenance and construction activity going on at the International Port of Coos Bay in Oregon, and an important phase was recently completed.
The U.S. Maritime Administration has issued a Final Environmental Impact Statement (EIS) and Record of Decision, approving the planned Pier B On-Dock Rail Support Facility, a Port of Long Beach project designed to enhance the flow of cargo by rail.
The governor of Alaska wants to merge the Port of Alaska and a port in Knik Arm and form a regional port authority in the hopes of addressing infrastructure needs for both cargo handlers.
At the Georgia Ports Authority Board meeting Monday, Executive Director Griff Lynch detailed actions that will expedite the completion of 1.6 million twenty-foot equivalent container units in annual capacity.
A vital Canadian National line in southern British Columbia is officially back on the grid.
As Governors make plans to deploy new federal dollars to improve infrastructure in their states and territories, the National Governors Association (NGA) hosted five governors, federal officials and private-sector partners for an Infrastructure Summit to explore best practices and spotlight gubernatorial leadership on the issue.
Maryland Gov. Larry Hogan led public- and private-sector leaders in breaking ground on the $466 million Howard Street Tunnel expansion project, which will reconstruct the 126-year-old freight rail tunnel to accommodate double-stacked container trains to and from the Helen Delich Bentley Port of Baltimore.
The supply chain has been choked for months, and a long drink of water is the last thing it needs.
The lead editors of Railway Age, Railway Track & Structures and International Railway Journal cover the top stories in their sectors.
The U.S. DOT is determined to remedy the supply chain infrastructure.
The California Department of Transportation (Caltrans) has released its latest draft plan for highway and rail improvements that will more safely, efficiently, and sustainably move people and goods between different regions in the state.
U.S DOT Secretary Pete Buttigieg announced that the Biden-Harris administration intends to award $905.25 million to 24 projects in 18 states under the Infrastructure for Rebuilding America (INFRA) discretionary grant program.
Work on the Howard Street Tunnel in Baltimore will begin this year.
Business and railcars are now moving at the new Savannah Gateway Industrial Hub (SGIH) in Effingham County, Ga.