Short Lines & Regionals

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45 G tax credit extended through 2014 U.S. Senate approval Tuesday, Dec. 16, 2014, of 45-G, by a 76-to-16 vote, has assured passage of the measure, part of H.R. 5771, The Tax Increase Prevention Act of 2014, and providing a fiscal boost to freight railroads, particularly short line and regional operations.

leadership-transition-at-indiana-rail-road
Indiana Rail Road (INRD) Founder, President, and CEO Thomas G. Hoback has announced that he will retire effective June 30, 2015. He will continue to serve as a director on the Indianapolis-based railroad’s board while pursuing other business and...
short-line-opens-machinery-distribution-hub
Greenville, S.C.-based Greenville & Western Railway Co. (GRLW) has opened its Big Creek Machinery Distribution Hub, located in Williamston, S.C., President and CEO Steven C. Hawkins says. The short line, a wholly owned subsidiary of Western Carolina Railway Service Corp., has partnered...
quebec-studies-feasibility-of-open-access-iron-ore-line
With China’s slowing economy depressing iron ore prices, this would seem an inauspicious time to build a third railway from tidewater to the interior wilds of the Labrador Trench. Nonetheless, to keep life in its grand plan to develop its...
gwi-acquires-arkansas-short-lines
Genesee & Wyoming Inc. (GWI) late Wednesday, Nov. 19, 2014 announced it "has signed an agreement with Pinsly Railroad Company of Westfield, Mass., to acquire certain subsidiaries that constitute Pinsly's Arkansas Division ('Pinsly Arkansas') for $40 million in cash, subject...
molitoris-penne-join-ontracknorthamerica-board
OnTrackNorthAmerica, a 501(c)(3) non-profit that is advocating a capitalization strategy “for dramatically increasing rail utilization,” has appointed Jolene Molitoris and Leo Penne to its board of directors. Jolene Molitoris is President of US Railcar, a U.S.-owned company in the passenger rail...

molitoris-penne-join-ontracknorthamerica-board
OnTrackNorthAmerica, a 501(c)(3) non-profit that is advocating a capitalization strategy “for dramatically increasing rail utilization,” has appointed Jolene Molitoris and Leo Penne to its board of directors. Jolene Molitoris is President of US Railcar, a U.S.-owned company in the passenger rail...
What does Senate Republican control and the largest House Republican majority since the 1940s mean for railroad reregulation, Amtrak’s future, high- and higher-speed rail, transit funding, Positive Train Control (PTC), corporate tax reform, short line tax credits, the future of...
railserve
Brookhaven Rail subsidiary Brookhaven Rail Terminal (BRT), Yaphank, N.Y., has taken delivery of a new Railserve DUAL LEAF® genset locomotive. The locomotive uses two single Cummins QSX15-L3-600 gensets “to minimize fuel usage and significantly reduce emissions while maintaining the performance of...
columbia-basin-railroad-busiest-short-line-in-eastern-washington-state
According to a recent Washington State Freight and Goods Transportation System report published by the Washington State Department of Transportation (WSDOT), the Columbia Basin Railroad (CBRR) line from Connell to Moses Lake/Wheeler is an “R2” Freight Rail Corridor, which handles...
pb-lands-australian-coal-project
Parsons Brinckerhoff has been named project management consultant for Adani Mining Pty. Ltd.’s multi-billion-dollar Carmichael integrated coal mine, port, and rail project in the Galilee Basin in western Queensland, Australia. The Carmichael project is an open-cut and underground operation with an...