Denver-based freight-rail company Alpenglow Rail LLC yesterday announced it completed the acquisition of VIP Rail LLC, a short line in Sarnia, Ontario.
The transaction is the first for Alpenglow Rail, which is backed by private equity firm Stonecourt Capital, and recently was formed to seek acquisitions of and partnerships with short lines and related transportation businesses.
The Federal Railroad Administration (FRA) yesterday released a record of decision for the NEC FUTURE project, which is aimed at improving reliability and capacity for passenger-rail service along the Northeast Corridor (NEC) through 2040 and beyond.
The document marks the completion of the Tier 1 environmental review process under the National Environmental Policy Act, and establishes a long-term strategy for the NEC.
For the week ending July 8, U.S. railroads registered 453,080 carloads and intermodal units, up 2.4 percent compared with total volume from the same week last year, according to Association of American Railroads (AAR) data. Both comparative weeks included the July 4 holiday.
U.S. carloads in the period totaled 229,501 units, up 1.1 percent, while intermodal volume totaled 223,579 containers and trailers, up 3.7 percent.
The National Transportation Safety Board (NTSB) on Tuesday released a preliminary report on the June 27 incident in which an Amtrak train struck and killed two CSX workers in the Ivy City neighborhood in Washington, D.C.
The two employees — a conductor and conductor trainee — were returning to their locomotive on their southbound train after inspecting a reported defective rail car. They had their backs toward the approaching Amtrak train when they were struck, NTSB officials said in the report.
New Jersey Transit (NJT) has adopted a Fiscal Year 2018 budget of $3.6 billion "that supports continued investments in infrastructure and equipment to maintain the system in a state of good repair and enhance the overall customer experience."
The budget allocates $2.22 billion for operating and $1.38 billion for the agency's capital program.
New Jersey Transit (NJT) has adopted a Fiscal Year 2018 budget of $3.6 billion "that supports continued investments in infrastructure and equipment to maintain the system in a state of good repair and enhance the overall customer experience."
The budget allocates $2.22 billion for operating and $1.38 billion for the agency's capital program.
New Jersey Transit (NJT) has adopted a Fiscal Year 2018 budget of $3.6 billion "that supports continued investments in infrastructure and equipment to maintain the system in a state of good repair and enhance the overall customer experience."
The budget allocates $2.22 billion for operating and $1.38 billion for the agency's capital program.
Alpenglow Rail LLC completed its acquisition of VIP Rail LLC. This acquisition is a first for the Denver-based shortline rail business, which is backed by private equity firm Stonecourt Capital.
VIP Rail is a shortline rail business located in Sarnia, Ontario's chemical valley, with access to "key U.S. populations and major Quebec and Ontario markets including Toronto and Montreal." The business' service offerings include switching, transloading, railcar storage, railcar inspection, cleaning and repair, warehousing and trucking.
Alpenglow Rail LLC completed its acquisition of VIP Rail LLC. This acquisition is a first for the Denver-based shortline rail business, which is backed by private equity firm Stonecourt Capital.
VIP Rail is a shortline rail business located in Sarnia, Ontario's chemical valley, with access to "key U.S. populations and major Quebec and Ontario markets including Toronto and Montreal." The business' service offerings include switching, transloading, railcar storage, railcar inspection, cleaning and repair, warehousing and trucking.
Alpenglow Rail LLC completed its acquisition of VIP Rail LLC. This acquisition is a first for the Denver-based shortline rail business, which is backed by private equity firm Stonecourt Capital.
VIP Rail is a shortline rail business located in Sarnia, Ontario's chemical valley, with access to "key U.S. populations and major Quebec and Ontario markets including Toronto and Montreal." The business' service offerings include switching, transloading, railcar storage, railcar inspection, cleaning and repair, warehousing and trucking.
The Federal Railroad Administration (FRA) issued its Record of Decision (ROD) on the Northeast Corridor (NEC) FUTURE program that details a long-term vision for the corridor to improve and grow passenger rail service at a cost between $121 billion and $153 billion.
The Federal Railroad Administration (FRA) issued its Record of Decision (ROD) on the Northeast Corridor (NEC) FUTURE program that details a long-term vision for the corridor to improve and grow passenger rail service at a cost between $121 billion and $153 billion.
The Federal Railroad Administration (FRA) issued its Record of Decision (ROD) on the Northeast Corridor (NEC) FUTURE program that details a long-term vision for the corridor to improve and grow passenger rail service at a cost between $121 billion and $153 billion.
In 2014, Krusinski Construction Co. built a fueling station for CN at Kirk Yard in Gary, Ind. Since 1995, the Class I has improved its fuel efficiency 36 percent while achieving record traffic growth.Photo – Krusinski Construction Co.
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The Orlando & Northwestern Railway (O&NW) later this summer will begin running tourist trains along Florida Central Railroad tracks.
O&NW's services will be marketed under the "Royal Palm Railway Experience" brand. Initial offerings will include daytime entertainment between Tavares and Mt. Dora, Florida.
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A New Jersey congressman, who happens to chair the committee responsible for appropriating funds for transportation programs, explains the funds allocated for the Gateway Program will advance a project that is critical to the U.S. economy.
A New Jersey congressman, who happens to chair the committee responsible for appropriating funds for transportation programs, explains the funds allocated for the Gateway Program will advance a project that is critical to the U.S. economy.
A New Jersey congressman, who happens to chair the committee responsible for appropriating funds for transportation programs, explains the funds allocated for the Gateway Program will advance a project that is critical to the U.S. economy.
Wood pellet producer Enviva Partners LP today announced its contracts with the Panama City Port Authority, Bay Line Railroad LLC and SSA Gulf Inc. have been extended through 2023.
The commitment to the railroad, port and Northern Florida region supports operations at the company's Cottondale, Florida, facility, which can produce 720,000 metric tons of pellets per year, Enviva officials said in a press release.