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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.
RDC’s Posner: “Europe needs cooperation as much as it needs competition”
In a forum at the May 21, 2014 OECD (Organisation for Economic Co-operation and Development) International Transport Forum in Leipzig, Germany, Railroad Development Corp. Chairman Henry Posner III said that…
Short line gets new name, new owner
Hermon, Maine-based Montreal, Maine & Atlantic Railway has a new identity – Central Maine and Quebec Railway – following its purchase by Railroad Acquisisition Holdings LLC, an arm of New…
EPA names Coos Bay a 'Smartway' partner
Short line Coos Bay Rail Link (CBR) has been named a new member of the U.S. Environmental Protection Agency’s SmartWay® Transport Partnership program, the railroad announced Monday, May 19, 2014.
MM&A, employees face negligence charges
The bankrupt Montreal, Maine & Atlantic Railway (MM&A) and three of its former employees are to appear in court in Lac-Mégantic, Quebec, Tuesday, May 13, 2014, to face 47 charges…
California short line claims legal victory
Sierra Railroad Co., an operator of freight trains and passenger excursions, said it has been awarded "$39.6 million in compensatory and punitive damages in a service contract dispute with Patriot…
GWI cites weather impact on 1Q earnings
Genesee & Wyoming, Inc. on Thursday, May 1, 2014, cited "severe winter weather" as a primary factor disrupting its first-quarter earnings and revenue.
SCOTUS upholds EPA on coal plant pollution
In a 6-to-2 vote, the U.S. Supreme Court has upheld Environmental Protection Agency (EPA) authority to regulate air pollution generated by coal plants that crosses state lines, putting additional pressure…
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