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Author: Railway Age Staff
CSX is expected to benefit from the latest South Carolina transportation infrastructure project aimed at moving state agriculture products to inland destinations.
Bombardier Transportation made it official, announcing it has signed a contract for 113 Multilevel III commuter rail cars with New Jersey Transit worth as much as $669 million.
The U.S. Class I railroads started the New Year in impressive fashion, as freight and intermodal traffic notched solid gains for the week ending January 5.
The Greenbrier Cos. saw earnings decline on weaker revenue after lower deliveries of new railcars in the first quarter of fiscal 2019.
The Port of New York and New Jersey opened a major new expansion of its rail network, capping a five-year plan to expand capacity for cargo destined for outside the region.
Watco Companies has formed a strategic partnership with Oaktree Capital Management, L.P., for a $450 million investment of private equity capital in the short line operator.
As it deploys a new operating system, Union Pacific has appointed Jim Vena as Chief Operating Officer, effective Jan. 14. He was a 40-year veteran of CN before retiring in 2016.
Wheeling & Lake Erie and Herzog completed brake testing and preparations for Positive Train Control functionality in revenue service by the end of 2018.
Short line operator and rail services provider R. J. Corman Railroad Group appointed two longtime Class I railroad executives to its board of directors.