White House Cancels $929 Million in Grants for California’s Beleaguered Rail Project
The Trump administration on Feb. 19 said it will cancel more than $900 million in federal grants earmarked for a high-speed rail project California that the state’s Democratic governor announced would be scaled back from its initial vision amid delays and cost overruns.
R.J. Corman Railroad Acquires Six Rail Companies
R.J. Corman Railroad Co. has acquired six rail companies, according to a Nov. 5 press release.
November 20, 2018TP&L Starts $4.1 Million Rail Project
Transportation Partners and Logistics has begun a $4.1 million rail construction project in Pensacola, Fla., according to an October press release.
November 5, 2018Rail Profits Rise, But Intermodal Growth Not Certain
As motor carriers enjoy the fruits of the tight freight environment, railroads are continuing their push to boost earnings while they adjust to a market that increasingly is shifting toward intermodal.
United Rail Purchases U S Rail Holdings for $4.5 Million
Short-line freight railroad U S Rail Holdings is being acquired by United Rail Inc. for $4.5 million. U S Rail Holdings, based in Toledo, Ohio, leases and operates about 72 miles of rail lines in the Kokomo, Ind., area providing transloading, private industrial railcar switching, track maintenance services, railcar repair and railcar storage.
August 27, 2018Railroads Would Save $17 Million With Construction Equipment Exemption
Several types of railroad construction and maintenance equipment would be exempted from OSHA’s construction crane rule if details of a proposal released July 18 take effect.
Minnesota Freight Railroad Files Lawsuit Over Light-Rail Project
Planners of the Southwest light-rail project in Minnesota are facing another legal challenge, this time from a freight rail company that is slated to share a portion of the nearly 15-mile route between Minneapolis and Eden Prairie.
Canada Oil Recovery Faces Threat From Potential Rail Strike
A potential strike by Canadian Pacific Railway Ltd. workers threatens to derail a recovery in Alberta’s beaten-down heavy oil prices.
Ronald Batory Sworn In as FRA Chief
Two weeks after Ray Martinez was confirmed to lead the Federal Motor Carrier Safety Administration, Ronald Batory was sworn in as Federal Railroad Administration chief.
Top US Railroad Official Out After Reports of Moonlighting
Heath Hall has resigned as a top official with the Federal Railroad Administration, a Department of Transportation official said.
February 12, 2018