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Short line infrastructure grows for nat gas access
Pennsylvania's Lycoming Valley Railroad will be the beneficiary of a new industry track construction project near Muncy, Pa. The project involves building 2,300 feet of new track and restoring another…
Phillips 66 acquiring 2,000 tank cars
The Phillips 66 Co. is reported to be acquiring 2,000 new tank cars to move oil from North Dakota to Phillips 66 refineries on the Atlantic and Pacific coasts.
Holland L.P. marks buy of L.B. Foster unit
Holland L.P. affirmed Thursday that it has acquired the Railway Securement Business of L.B. Foster. Terms of the transaction remain undisclosed.
Profitability, beyond coal. Imagine
Give Norfolk Southern CEO Wick Moorman due recognition for his courage to be contrarian. Applause from this observer follows.
Oil and gas drive hot leasing market
Halfway into the year, North America’s railcar lessors have a hot marketplace on their hands for cars destined for oil and gas industry service. This has translated into significant new…
CP names Paul Haggis new chairman
Canadian Pacific Tuesday said it has named Paul Haggis as its new chairman.
ProTran lands Brazilian contract
ProTran Technology says it was awarded its first major contract from Brazil's Belo Horizonte Metro for the "Protracker / PTC" track worker protection overlay system for advance warning of approaching…
L.B. Foster finalizes business division sale
L.B. Foster Co. on Monday noted the completion of the sale of its railway securement business to Holland, L.P.
Regional Rail LLC acquires recycling company
Regional Rail, LLC says it has acquired a construction and demolition debris (C&D) rail-served transfer station in Conshohocken, Pa.
CIT announces orders for 3,500 railcars
CIT Group Monday announced that railcar lessor CIT Rail has ordered 3,500 railcars from multiple manufacturers with deliveries scheduled throughout 2012 and 2013.
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