New Jersey officials reauthorized the state's Transportation Trust Fund at $2 billion a year for the next eight years.
On Sept. 30, 2016, the Federal Railroad Administration (FRA) issued a Railworthiness Directive (Directive or RWD) to all owners of Department of Transportation (DOT) specification 111 general purpose tank cars.
Amtrak announced the Amtrak Autumn Express will operate this year on Oct. 29 and 30 through parts of New York, New Jersey and northeastern Pennsylvania.
Obtaining an accurate read on the current freight car market is like trying to fine-tune a multiple-carburetor setup on a classic performance car. Adjust one setting, and another setting may be thrown off.