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Reading & Northern posts record volumes in 2014
Regional railroad Reading & Northern set new records for carload volume and revenue in 2014.
Rail bottleneck relief sought for Connell, Wash.
Washington State legislators and city administrators hope to obtain federal funding to reconfigure and improve a 100-year-old railroad interchange at Connell, Wash., to relieve a bottleneck in the movement of…
STB: Massachusetts can buy short line assets
The Surface Transportation Board on Wednesday, Dec. 24, 2014 gave preliminary approval to Massachusetts Department of Transportation (MassDOT) to acquire "certain physical railroad assets" from Canaan, Conn.-based short line Housatonic…
45 G tax credit extended through 2014
U.S. Senate approval Tuesday, Dec. 16, 2014, of 45-G, by a 76-to-16 vote, has assured passage of the measure, part of H.R. 5771, The Tax Increase Prevention Act of 2014, and…
Leadership transition at Indiana Rail Road
Indiana Rail Road (INRD) Founder, President, and CEO Thomas G. Hoback has announced that he will retire effective June 30, 2015. He will continue to serve as a director on…
Short line opens machinery distribution hub
Greenville, S.C.-based Greenville & Western Railway Co. (GRLW) has opened its Big Creek Machinery Distribution Hub, located in Williamston, S.C., President and CEO Steven C. Hawkins says.
Quebec studies feasibility of open-access iron ore line
With China’s slowing economy depressing iron ore prices, this would seem an inauspicious time to build a third railway from tidewater to the interior wilds of the Labrador Trench. Nonetheless,…
GWI acquires Arkansas short lines
Genesee & Wyoming Inc. (GWI) late Wednesday, Nov. 19, 2014 announced it "has signed an agreement with Pinsly Railroad Company of Westfield, Mass., to acquire certain subsidiaries that constitute Pinsly's…
Molitoris, Penne join OnTrackNorthAmerica board
OnTrackNorthAmerica, a 501(c)(3) non-profit that is advocating a capitalization strategy “for dramatically increasing rail utilization,” has appointed Jolene Molitoris and Leo Penne to its board of directors.
Post-election: Railroads look OK; rail labor, Amtrak not so good
What does Senate Republican control and the largest House Republican majority since the 1940s mean for railroad reregulation, Amtrak’s future, high- and higher-speed rail, transit funding, Positive Train Control (PTC),…
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