Paresh Patel, P.E., has joined HNTB Corp. as an Associate Vice President and Project Director, Transit and Rail, based in New York City. Patel comes to HNTB following more than 30 years with MTA New York City Transit in design and construction experience.
Short line operator OmniTRAX is partnering with forest products giant Georgia-Pacific on a transportation solution for the latter’s new plant in Albany, Ga.
Norfolk Southern has appointed Jason A. Zampi Vice President and Controller, reporting to Executive VP and CFO Cynthia C. Earhart.
SCI Rail Holdings LLC announced that it has acquired Savage Fueling Corp., the locomotive fueling and mechanical services subsidiary of Savage Services Corp.
The Northern Plains Rail Companies (NPRC) have appointed Dan Mack as executive vice president of Finance, Marketing and Sales, effective immediately.
BNSF Logistics has selected Blume Global as its digital supply chain platform, providing solutions to assist BNSF in optimizing the intermodal transport services it offers to customers worldwide.
Weeks after federal officials called for improvements in grade-crossing safety nationwide, Indiana has stepped up with millions in state funding to help pay for life-saving projects. Gov. Eric Holcomb, along with officials
For the week of December 8, U.S. weekly rail traffic was 570,225 carloads and intermodal units, up 3.1% from the same week in 2017.
Some in the federal work force may say, “Take this job and shove it,” but not so at the Federal Railroad Administration (FRA), where job satisfaction for 2018 was the highest among the Department of Transportation’s nine modal administrations.
Norfolk Southern Corp. officially announced plans to relocate its headquarters from Norfolk to Atlanta, lured by a multimillion dollar bond issue to help pay for a new downtown office tower.
In follow-up to my previously published article in Railway Age (“Does the Emperor Wear No Clothes?” June 23, 2017) critically analyzing why would Amtrak put sleeper compartments on sale without any black-out dates during the last part of summer and Thanksgiving, “There ya go again, Mr. Anderson!”
Last month we reported on the impending demise of the Brightline brand for privately operated passenger trains in Florida, and the takeover by Virgin, at least as far as the public face of the venture is concerned (William C. Vantuono’s initial report on Nov. 16 and this writer’s article concerning the company and its branding on Nov. 26). There have been new developments lately: an initial public offering (IPO) for stock, and the prospect of an additional station near the giant Disney World theme park. The situation facing incumbent management may also be worse than we reported then.
In the people’s company town of Washington, D.C., the most popular refrain during lame duck sessions of Congress—the fewer than 60 days between congressional elections and adjournment—is the catchphrase from Mariah Carey’s iconic tune, “All I Want for Christmas Is You.”
Financial Edge, December 2018 Railway Age: On Oct. 22, American Railcar Industries Inc. (ARI) announced that it was being acquired by a subsidiary of ITE Rail Fund L.P. (ITE). The acquisition price was $70 per share, for a total purchase price (including debt) of $1.7 billion. That price represented a 51% premium to the previous day’s close (Oct. 19) of $46.29 per share. As ITE is privately held, ARI will become a private company at acquisition.
Watching Washington, December 2018 Railway Age: New leadership arrives at railroad-focused congressional committees in January, and unless Surface Transportation Board (STB) Chairman Ann Begeman ingests breakfast Wheaties and gains courage to produce decisions, Congress may prescribe more than a potent laxative.
