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OmniTRAX lands Texas short line, site work
OmniTRAX said Thursday, June 12, 2014, it will manage the Brownsville & Rio Grande International Railroad, a short line railway based in Brownsville, Tex. As well, OmniTRAX will also develop…
Hamberger outlines industry's CBR safety strides
Addressing the Railway Age Crude By Rail Conference in Arlington, Va., Thursday, June 12, 2014, Association of American Railroads (AAR) President and CEO Edward R. Hamberger detailed the many steps…
Funds flow to KC anti-streetcar forces
A political action committee opposed to continued streetcar development in Kansas City, Mo., SmartKC, has received $20,000 from Missourians for Responsible Government to continue their fight.
2014 Railway Age Guide to Equipment Leasing
The leasing marketplace is volatile, aggressive, and hungry.
UBS: “No collapse in tank cars imminent”
“Tank car concerns are creating quite a stir,” says Eric Crawford of UBS Investment Research, commenting on the tank car market.
Greenbrier, Watco set railcar repair joint venture
The Greenbrier Cos., Inc. and Watco Companies, LLC announced early Wednesday, June 4, 2014, a new company that will create a North American network of railcar repair shops.
Newest GWI short line debuts
Genesee & Wyoming Inc.'s newest rail subsidiary, Rapid City, Pierre & Eastern Railroad, Inc. (RCP&E), began operations Sunday, June 1, 2014, as Canadian Pacific completed the sale of the line,…
OmniTRAX acquires Sand Springs Railway Co.
OmniTRAX announced Wednesday, May 28, 2014 that it is acquiring Sand Springs Railway Co., a 32-mile short line linking the railroad's namesake Oklahoma city with Tulsa, Okla.
Edmonton LRT project gets more federal funding
Edmonton's proposed Valley Line Stage 1 Light Rail Transit expansion project has been assured of C$150 million (US$138 million) by Edmonton's Parlimentary representative Rona Ambrose.
Greenbrier, Mitsubishi UFJ Lease & Finance join forces
The Greenbrier Companies, Inc. has entered into an alliance with Mitsubishi UFJ Lease & Finance (MUL) through its subsidiary Greenbrier Leasing Company (GLC). MUL plans to acquire a portfolio of…
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