Railway Age News

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.

M-1 streetcar representatives on Wednesday, Feb. 25, 2015 said the public-private organization has issued a Request for Proposals (RFP) seeking an operator for Detroit's 3.3-mile initial streetcar line.

SunRail regional ("commuter") train service expansions south of the current system into Florida's Osceola County, and north to DeLand, face potential delays of at least six months, Florida's Department of Transportation says.

Neither U.S. freight carload traffic nor U.S. intermodal volume posted gains in the week ending February 21, 2015, the Association of American Railroads reported Wednesday, Feb. 25 — while Canada and Mexico also traffic also slipped.

New York Air Brake (NYAB) shipped its first DB-60 II air brake control valves equipped with its new Brake Cylinder Maintaining (BCM™) feature on Feb. 23, 2015. The valves will be installed in new CPC-1232-spec tank cars designed to carry Bakken crude oil, and scheduled to enter service in April. The railcar manufacturer was not disclosed.

Darien, Conn.-based Genesee  & Wyoming announced Tuesday, Feb. 24, 2015, that it has agreed to acquire a 95% stake in Britain's Freightliner Group from Arcapita and other shareholders for $755 million in cash.

Canadian National and Unifor have negotiated a tentative labor agreement with the Unifor union. As a result, CN has withdrawn its lockout notice to Unifor, which would have come effective at 11p.m. local time tonight in the absence of a settlement.

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