Finance/Leasing

Northern Plains Rail Services (NPRS) said Thursday, Oct. 16, 2014 it has formed a partnership with NorthStar Midstream "to provide switching operations at their new transloading terminal located in Fairview,…
American International Group, Inc. (AIG) has expanded excess casualty liability limits for Class I railroads in the U.S. and Canada to $1 billion per occurrence.
Sonoma-Marin Area Rail Transit (SMART) service "is two years away from the start of passenger service between the Sonoma County Airport and downtown San Rafael" in northern California, and the…
Amidst Seattle's aggressive expansion of light rail transit and streetcar lines, some have insisted on revitalizing monorail transportation, which appeared in the city during its 1962 World's Fair.
New York's Metropolitan Transportation Authority (MTA) has been told to go back to its proposed $32 billion five-year capital program and, in essence, perform a do-over.
Bombardier Transportation said Wednesday, Oct. 1, 2014 it had "signed a new contract" to continue running New Jersey Transit's RiverLINE, roughly paralleling the Delaware River between Camden, N.J., and the…
At Canadian Pacific’s 2014 Investor Conference, CEO E. Hunter Harrison unveiled new growth targets out to 2018, and “a multi-year strategy to drive superior service and financial profitability, including more…
Continuing and mounting delays have forced Metropolitan Transit Authority of Harris County (Metro) from adding two new light rail transit lines to Houston's growing system.
The Fort Worth Transportation Authority (The T)'s TEX Rail project has received a Record of Decision (ROD) from both the Federal Transit Administration (FTA) and the Federal Aviation Administration, the…
Norfolk Southern Corp. said Monday, Sept. 29, 2014 it has "earned recognition recently from environmental nonprofit CDP as a marketplace leader in carbon disclosure, reflecting the railroad's broad integration of sustainable business practices…
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