TNW Corp., a Dallas, Tex.-based operator of short lines and logistics centers, has named Dave Hunter Vice President of Finance.
Short Lines & Regionals
Anne Canby is stepping down from the OneRail Coalition, after leading the organization since its launch in 2009.
Terminal and logistics firm Enstructure has entered a definitive agreement to acquire the Patriot Port Holdings LLC division of Patriot Rail & Ports; the deal is said to allow Patriot to focus on growing its core rail business.
Lancaster & Chester Railroad (L&C) will serve E. & J. Gallo Winery’s first East Coast production and distribution facility, which will be built in Chester County, S.C.
CN and Kansas City Southern (KCS) have reported receiving an additional 100 letters in support of their proposed merger, bringing the total to more than 1,500.
The Senate Committee on Commerce, Science and Transportation has passed its five-year surface transportation bill authorizing $78 billion for rail, freight, safety and research programs; it is a bipartisan measure supported by the Association of American Railroads (AAR) and the American Short Line and Regional Railroad Association (ASLRRA).
For the week ending June 12, 2021, total U.S. carloads were 241,628, up 21.8% from the same week in 2020, and all 10 commodity groups tracked posted an increase, the Association of American Railroads reported on June 16.
Trends across the rail industry appear positive, although ongoing congestion is an issue for inland ramps, according to leaders at our recent “Suds with Seidl” event.
Ivory Choice Terminal Co. (ICTC), a new subsidiary of Genesee & Wyoming’s (G&W) contract rail and related-services division Rail Link, has acquired the assets of the Port of Ivory in Reedley, Calif.; the Port will now operate as ICTC, a G&W Choice Terminal™ bulk transfer facility.
RAILWAY AGE, JUNE 2021 ISSUE: Through technology, railroads can say
bye-bye to classification yard bottlenecks.