Invensys Rail Corp. has acquired privately held PHW, Inc. from the current owner/managers for up to $24 million. Invensys says the acquisition was completed May 10. Pittsburgh-based PHW, Inc. will operate as a wholly owned subsidiary of Invensys Rail Corp.
Construction of the Central Corridor LRT Project is 50% complete, with a 75% mark anticipated by the end of the year, according to the Metropolitan Council, which among other duties oversees light rail construction in Minnesota's Twin Cities.
Amtrak's Gateway Tunnel project, designed to add rail capacity on the Northeast Corridor under the Hudson River, will get its "fair share" of fiscal support from New Jersey, the state's transportation commissioner says.
Amtrak Friday unveiled its long-anticipated reorganization of its Operations management structure, saying it has created "four business lines to establish clear accountability for the financial performance of individual trains and to improve customer service delivery." The Operations reorganization plan will be rolled out in phases during the next 16 months, with full transition to the new structure in October 2013.
BART's Board of Directors Thursday approved an $896 million contract with Bombardier Transportation for 410 cars to replace its aging rapid transit fleet, covering much of BART's self-prescribed need for 775 cars, replacing its current fleet of 669. But the Board's decision, and the materials involved in the order, is not without controversy.
The Obama Administration Thursday warned California officials it might rescind $3.3 billion in federal funding for the state's proposed high speed rail network, if the state legislature does not act by next month to appropriate state funding for the project.
Amtrak's Adirondack has been plagued for years by extensive border delays in both directions to its New York-Montreal journey due to both U.S. and Canadian customs clearance procedures. Now, spurred by U.S. Sen. Charles Schumer (D-NY), the railroad and both nations may be able to reduce delays.
Amtrak said Friday schedules for its Wolverine Service and Blue Water passengers had been restored to normal, following extensive and expeditious trackwork along much of the route by landlord Norfolk Southern.
In line with much of 2012, U.S. freight carload traffic for the week ending May 5, 2012 failed to keep pace with 2011 levels, down 2% measured against the comparable week last year, the Association of American Railroads said Thursday. In contrast, U.S. intermodal continued its sustained improvement, up 3% for the week compared with last year.
The American Short Line & Regional Railroad Association has named Tyrone James, vice president of Safety & Compliance at Genesee & Wyoming, as the winner of this year's Safety Professional of the Year Award. ASLRRA also announced that Aaron Willet, superintendent of Operations at the Illinois Railway, as the winner of its 2012 Safety Person of the Year award.
San Francisco-based SteelRiver Infrastructure Partners, an independent investment management firm, said Tuesday it will acquire 100% of the capital stock of Patriot Rail Corp. The firm will make the purchase through its dedicated infrastructure investment vehicle, SteelRiver Infrastructure Fund North America LP.
Fairport, N.Y.-based RailComm said Wednesday it has provided remote control for a New England Central Railroad bridge.
In conjunction with bestowing the Harriman Awards for corporate rail safety on Tuesday in Washington, D.C., industry leaders also took time to honor individual employees notching significant safety achievements, who were honored with the 2011 Harold F. Hammond Award. Receiving recognition for outstanding safety achievement during 2011 were — Joseph Faigl, conductor with Union Pacific Railroad, and Mark Sheffield, mechanical supervisor with the South Buffalo Railway Co.
Green Bay, Wis.-based Schneider National, Inc., on Wednesday said it has signed a new, multiyear agreement with BNSF, under which the Class I railroad will continue to serve as one of Schneider's primary rail providers.
Confirming what many have suspected, New York Metropolitan Transportation Authority Chairman Joseph Lhota on Tuesday acknowledged that the agency's East Side Access Project likely would not be completed until 2019, due to unexpected construction difficulties.
Railroads with the industry's best safety performance records Tuesday were honored at the annual E.H. Harriman Awards ceremony in Washington, D.C., with the event also marking the industry's nearly 100 year commitment to safety and innovation with the Centennial Award.
The Surface Transportation Board Tuesday officially cleared the way for Michigan's Department of Transportation to acquire two sections of rail right-of-way from Norfolk Southern Corp., totaling about 135 miles, for eventual upgrading to 110 mph passenger rail speeds.
Whatever woes coal volumes are posing for North American railroads in 2012, domestic intermodal container traffic seems determined to offset them, at least in part. First-quarter domestic container volume moving by truck and train rose 14.9% measured against the comparable 2011 quarter, the Intermodal Association of North America (IANA) reported Tuesday.
Rail Logistics and Iowa Pacific Holdings on Monday jointly announced a partnership in which Rail Logistics will manage, operate, and market Iowa Pacific's refrigerated railcar fleet. The venture began May 1.
U.S. freight carload volume for the week ending April 28, 2012 fell 4.1% measured against the comparable week a year ago, continuing an ongoing trend for the year, the Association of American Railroads said Thursday. U.S. intermodal volume, however, continued its own yearly trend during the week, up 5.5% compared with the same week in 2011.