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Senators introduce 45G tax credit measure
Eight U.S. Senators this week introduced the Short Line Railroad Rehabilitation and Investment Act of 2015, designed to extend Section 45G (26 USC 45G) short line track maintenance tax credits…
Railway Age names 2015 Short Line, Regional Railroads of the Year
Railway Age magazine has named Palmetto Railways the 2015 Short Line Railroad of the Year, and Reading & Northern Railroad its 2015 Regional Railroad of the Year. The awards will…
Genesee & Wyoming to acquire Freightliner
Darien, Conn.-based Genesee & Wyoming announced Tuesday, Feb. 24, 2015, that it has agreed to acquire a 95% stake in Britain's Freightliner Group from Arcapita and other shareholders for $755 million…
OmniTRAX acquires Illinois short line
OmniTRAX announced Monday, Feb, 23, 2015 that its affiliate, Peru Industrial Railroad, Inc., is purchasing Peru Rail Line from the short line’s namesake Illinois City.
VanderClute joins OnTrackNorthAmerica board
Forty-four-year career railroader Robert VanderClute, who recently retired as Association of American Railroads Senior Vice President of Safety & Operations, has joined the board of OnTrackNorthAmerica, a non-profit organization “committed…
Florida East Coast Railway retains Wi-Tronix
Wi-Tronix®, LLC said Tuesday, Feb. 10, 2015 it has signed a contract with Florida East Coast Railway (FECR) "to continue a strategic relationship."
Good fourth-quarter numbers for G&W
Genesee & Wyoming Inc. on Tuesday, Feb. 10, 2015 reported improved fourth-quarter earnings and revenue, helping the company's full-year results recover from what it called a "slow start to 2014…
State completes buy of Housatonic Railroad
The Massachusetts Department of Transportation has completed its purchase of 37-miles of Housatonic Railroad right-of-way, stretching from Pittsfield, Mass., to Canaan, Conn., the railroad's headquarters city sitting just across the…
Iowa Pacific posts record 2014 results
Iowa Pacific Holdings, LLC handled record carloads and passengers in 2014, and earned record revenue.
ASLRRA IDs five for Safety Institute push
The American Short Line and Regional Railroad Association said Friday, Jan. 23, 2015 its chairman, Ed McKechnie, had announced the selection of five industry safety experts retained as assessors for…
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