Short Lines & Regionals

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OmniTRAX affiliate acquires Heart of Texas Railroad A managed affiliate of OmniTRAX, Inc. is purchasing the Heart of Texas Railroad (HTR) from private local investors. The transaction is subject to Surface Transportation Board approval. Terms were not disclosed.

mars-volume-vs-velocity
“Volume vs. Velocity—Managing Change in 2016” will be the theme for the 247th meeting of the Midwest Association of Rail Shippers (MARS) to be held 
July 11–12, 2016 at the Grand Geneva Resort in Lake Geneva, Wisc. This year’s MARS Summer...
aslrra-oks-chairman-of-farmrail
George C. Betke, Jr., Chairman of Farmrail System, Inc., was honored with the Thomas L. Schlosser Distinguished Service Award, given on an annual basis to recognize an individual for long-term, significant service to the American Short Line and Regional Railroad...
fastlane-grant-applications-totaling-nearly--billion
The U.S. Department of Transportation announced on May 20, 2016 that it has received 212 applications totaling nearly $9.8 billion for grants through the newly-created Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) grant...
aslrra-awards-four-short-lines
The American Short Line and Regional Railroad Association recognized four short lines on May 18, 2016 "for their efforts in designing and enacting innovative and successful marketing initiatives in the challenging small railroad industry." “The four railroads we honored for the...
infrastructure-week-unveiled
150 non-partisan organizations recognize Infrastructure Week May 16th to 23rd. Business, labor and civic organizations are uniting under the week's 2016 theme: “Infrastructure Matters.” The groups aim to "tell the story of what infrastructure means to Americans. It matters, in big...

infrastructure-week-unveiled
150 non-partisan organizations recognize Infrastructure Week May 16th to 23rd. Business, labor and civic organizations are uniting under the week's 2016 theme: “Infrastructure Matters.” The groups aim to "tell the story of what infrastructure means to Americans. It matters, in big...
-million-for-31-rail-projects-across-34-counties-in-pennsylvania
The Pennsylvania State Transportation Commission on May 13, 2016 approved $36 million for 31 rail projects across 34 counties. The Rail Transportation Assistance Program (RTAP), a capital budget grant program funded with bonds, supported 15 of the projects and the Rail...
omnitrax-affiliate-acquires-heart-of-texas-railroad
A managed affiliate of OmniTRAX, Inc. is purchasing the Heart of Texas Railroad (HTR) from private local investors. The transaction is subject to Surface Transportation Board approval. Terms were not disclosed. The line, which is being renamed Central Texas & Colorado...
aslrra-installs-new-board-leadership
The American Short Line and Regional Railroad Association (ASLRRA) installed Judy Petry, president and general manager of Farmrail System, as its new chairman. Peter Claussen, Jr., president of the Gulf & Ohio Railways, was selected as the new vice-chairman of...
jason-seidl-takeaways-from-nears
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl returned from attending the April 26-28, 2016 North East Association of Rail Shippers (NEARS) Spring Conference in Baltimore “with updated thoughts on the rail industry”: “In general,...