Latest News Continued
Florida Gov. Rick Scott on Friday gave approval to the proposed 61-mile, $1.2 billion SunRail commuter rail project in central Florida, surprising many who expected him to reject the plan following his spurning of federal high speed rail funds for the state earlier this year. ...
North Carolina’s state capital may choose to rehabilitate a manufacturing plant as a new passenger rail station, in a move to save money and acquire a convenient downtown location. Local press have followed the effort to retrofit the Dillon Supply Building, once used to supply heat ...
Some TRAX passengers in Salt Lake City and vicinity will begin riding Siemens S70 light rail transit cars Thursday, July 7, as the cars begin entering revenue service. The S70s will enter limited service on direct trains that operate from Fashion Place Station (6400 South) in Murray to the Universit ...
Jacksonville, Fla.-based RailAmerica has been using RailComm’s Domain Operations Controller (DOC®) train control system to dispatch multiple subdivisions of its short line railroads since 2002. Now the DOC® System at RailAmerica’s American Rail Dispatch Center will soon be able t ...
Ongoing fiscal distress continues to roil New York's subway operations, but system expansion literally is on a full bore. What does North America's largest rapid transit property do for an encore? Get larger. After two decades of stagnation, New York City's famed (and oft-maligned) subway sy ...

The economic downturn brought a great deal of hardship to carriers across the supply chain. Many shippers took the opportunity to re-bid their trucking contracts out of cycle, placing even more pressure on companies in the trucking sector. 

NYC official: Newark Airport rail access is good for New York and the region!  It's unlikely that New York City Transit will ever operate subway trains to or from Newark Liberty International Airport in New Jersey.

In October 2010 Fifth Third Bank did what we wish every bank would do: It hired a rail finance veteran to head its Surface Transportation Division. Rob Hart is a veteran of the Illinois Central, where he was involved in equipment planning, capital budgets, and corporate finance, and was ultimatel ...

$7 billion is available for Class II and Class III railroads.

Ever since Warren Buffett gave his blessing to railroads by buying one, financial analysts and pundits have been examining this 175-year-old industry for clues to its re-emergence as a savvy investor’s favorite.

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