Freight

ASLRRA to Congress: Make 45G permanent

On the heels of Tuesday’s House Ways and Means Select Revenue Measures Subcommittee hearing on Temporary Policy in the Internal Revenue Code, American Short Line and Regional Railroad Association President Chuck Baker submitted comments to Congress to take action on tax-extender policies that include the 45G Short Line Tax Credit.

Railway Age’s 2019 Short Line and Regional Railroads of the Year: LIRC, RCPE

Railway Age honors the Louisville & Indiana Railroad Company and the Rapid City, Pierre & Eastern Railroad as its 2019 Short Line (Class III) and Regional (Class II) Railroads of the Year. Both carriers will be recognized at the American Short Line & Regional Railroad Association Connections Convention in Orlando, Fla., on Tuesday, April 9.

Fuzzy math, politics and railcars

THE FINANCIAL EDGE, MARCH 2019 – On Feb. 19, the Alberta government announced that it had entered into transportation (and some logistics) contracts with CN and Canadian Pacific to begin to move Canadian oil sands crude from the Albertan province down to the Gulf of Mexico. The province intends to move 20,000 barrels per day (BPD) by rail beginning in July 2019, increasing to a total number of 120,000 BPD by midyear 2020.

Railway Age’s 2019 10 Under 40

One of the North American railway industry’s most valuable assets is the vast amount of institutional knowledge held by its people. Railroading, freight or passenger, is a complex undertaking, from many angles. We owe these young people, and countless others like them, the best of who and what we are. Railway Age and Nick Little, Director of Railway Education at Michigan State University’s Center for Railway Research and Education, have selected our Fast Trackers–10 Under 40 honorees. These rising industry stars are making an impact in their respective fields, and represent the “best of the best.”