Railway Age News

Railway Age News

As part of its ongoing effort to improve safety at railroad grade crossings, the Federal Railroad Administration (FRA) on Monday, March 2, 2015 announced a first step in a new, multi-faceted campaign aimed at strengthening enforcement and safety awareness at grade crossings.

March 12, 2015 is the groundbreaking date set by supporters of St. Louis Loop Trolley, making the beleaguered project a more likely reality after several setbacks and challenges to the proposed 2.2-mile route.

The U.S. Department of Transportation has awarded New Jersey Transit about $147 million through the Federal Transit Administration's Public Transportation Emergency Relief Program for repair, recovery, and resiliency projects associated with Superstorm Sandy, NJ Transit announced Monday, March, 2, 2015.

South Africa's Transnet said Monday, March 2, 2015 it has concluded financing to acquire 1,064 locomotives, estimated to cost $4.3 billion, for its Transnet Freight Rail subsidiary, which were ordered from four suppliers one year ago.

Harsco Corp. announced Monday, March 2, 2015 that it has acquired Newton, N.J.-based Protran Technology, providing design and production of safety systems for transportation and industrial applications. Terms of the transaction were not disclosed.

Based upon a record backlog of nearly 143,000 units, Economic Planning Associates is projecting deliveries of 85,000 freight cars and intermodal platforms in 2015. Close to half—40,000 cars—will be tank cars.

Railway Age magazine has named Palmetto Railways the 2015 Short Line Railroad of the Year, and Reading & Northern Railroad its 2015 Regional Railroad of the Year. The awards will be presented at the American Short Line and Regional Railroad Association's (ASLRRA) annual meeting in Orlando, Fla., Sunday, March 29, 2015.

The Metropolitan Council and the Minneapolis Park and Recreation Board on Friday, Feb. 27, 2015, announced a resolution, or at least a truce, over a proposed light rail transit (LRT) line in Minneapolis and nearby communities.

Galveston, Tex.'s City Council, in a 6-to-1 vote Thursday, Feb. 26, 2015, approved proceeding to re-establish the citys 6.8-mile diesel trolley car operation, which was discontinued in 2008.

Thursday, February 26, 2015

Fini to saga of Amtrak's common stock

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American Financial Group's 18-year quest to turn hopelessly unprofitable Amtrak into a gold-coin spewing piñata appears to have met its Waterloo in an emphatic all caps "CASE CLOSED" order of a federal court Feb. 23.

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