Skip to main content
Jul
11

NCDOT, Progressive Rail partner to preserve portion of P&N service

Progressive Rail, Inc., and the North Carolina Department of Transportation's (NCDOT) Rail Division have partnered to preserve rail service along a portion of the Piedmont & Northern Railway corridor.

 

Continue reading
Jul
11

Sens. Schumer, Booker renew call to fund Gateway Program

U.S. Sens. Charles Schumer (D-NY) and Cory Booker (D-NJ) renewed their call for the Gateway Program to advance with funding commitments.

 

Continue reading
Jul
11

Sens. Schumer, Booker renew call to fund Gateway Program

U.S. Sens. Charles Schumer (D-NY) and Cory Booker (D-NJ) renewed their call for the Gateway Program to advance with funding commitments.

 

Continue reading
Jul
11

Sens. Schumer, Booker renew call to fund Gateway Program

U.S. Sens. Charles Schumer (D-NY) and Cory Booker (D-NJ) renewed their call for the Gateway Program to advance with funding commitments.

 

Continue reading
Jul
11

PATH nears ridership high-water mark

The Port Authority Trans-Hudson (PATH) rail system is on track to serve a record 80 million passengers in 2017, the Port Authority of New York and New Jersey (PANYNJ) announced late last week.

For the first six months of 2017, PATH logged just over 40 million riders, marking a 3.6 percent increase over the same period last year. Through June's end, the system averaged 227,000 riders each day.

Continue reading
Jul
11

RCE Equipment Solutions, Inc., launches rebranding effort

RCE Equipment Solutions, Inc., previously known as Rail Construction Equipment, Co. (RCE), has implemented a new name, company website and updated its corporate identity.

RCE Equipment Solutions says that the new name "reflects the company's growth and diversification goals."

Continue reading
Jul
11

RCE Equipment Solutions, Inc., launches rebranding effort

RCE Equipment Solutions, Inc., previously known as Rail Construction Equipment, Co. (RCE), has implemented a new name, company website and updated its corporate identity.

RCE Equipment Solutions says that the new name "reflects the company's growth and diversification goals."

Continue reading
Jul
11

RCE Equipment Solutions, Inc., launches rebranding effort

RCE Equipment Solutions, Inc., previously known as Rail Construction Equipment, Co. (RCE), has implemented a new name, company website and updated its corporate identity.

RCE Equipment Solutions says that the new name "reflects the company's growth and diversification goals."

Continue reading
Jul
11

Batory picked for FRA chief

The White House on July 10 announced that President Donald Trump intends to nominate Ronald L. Batory, who recently retired as president and chief operating officer of Conrail, as the next Federal Railroad Administrator.

 

Continue reading
Jul
11

Batory picked for FRA chief

The White House on July 10 announced that President Donald Trump intends to nominate Ronald L. Batory, who recently retired as president and chief operating officer of Conrail, as the next Federal Railroad Administrator.

 

Continue reading
Jul
11

Batory picked for FRA chief

The White House on July 10 announced that President Donald Trump intends to nominate Ronald L. Batory, who recently retired as president and chief operating officer of Conrail, as the next Federal Railroad Administrator.

 

Continue reading
Jul
11

Grupo Mexico completes Florida East Coast Railway acquisition

Rail News Home M&A 7/11/2017 Rail News: M&A
Grupo Mexico S.A.B. de C.V. on July 7 announced its Grupo Mexico Transportes S.A. de C.V. (GMXT) unit completed the acquisition of Florida East Coast Holdings Corp., which owns Florida East Coast Railway.GMXT completed the acquisition with a $2 billion payment funded with a loan for $1.55 billion from BBVA Compass Bancshares Inc. and Credit Suisse Group AG, and a $250 million loan from Santander Bank N.A. The remainder of the transaction was funded with GMXT's own resources and $97 million in debt at Florida East Coast, Grupo Mexico officials said in a press release.GMXT also obtained the necessary approvals for the acquisition from several U.S. regulatory agencies, including the Committee on Foreign Investment, Surface Transportation Board and Federal Communications Commission, they said.The deal positions GMXT as a relevant player in the North American transport business, together with its current operations in Mexico and Texas, Grupo Mexico officials said. The company also owns Texas Pacifico Transportation Ltd., a short line in west Texas, and controls a stake in the Copper Basin Railway, a short line in northern Arizona.

Contact Progressive Railroading editorial staff.

More News from 7/11/2017


Jul
11

R. J. Corman, L&I Railroad host Rep. Hollingsworth

Rep. Trey Hollingsworth (R– IN-9) joined R. J. Corman Railroad Services and the Louisville & Indiana (L&I) Railroad on July 10 for a project tour and to discuss rail and manufacturing issues with various rail stakeholders.

The tour was led by Nathan Henderson, president, R. J. Corman Railroad Services, and John Goldman, president of L&I. R. J. Corman is performing contracting services for the railroad. From 2015 to 2017, 94 miles of continuous welded rail and more than 80,000 crossties were installed on L&I. The improvements are part of an agreement the shortline has with CSX that will see infrastructure upgrades along the 106-mile route between Louisville, Ky., and Indianapolis.

Continue reading
Jul
11

R. J. Corman, L&I Railroad host Rep. Hollingsworth

Rep. Trey Hollingsworth (R– IN-9) joined R. J. Corman Railroad Services and the Louisville & Indiana (L&I) Railroad on July 10 for a project tour and to discuss rail and manufacturing issues with various rail stakeholders.

The tour was led by Nathan Henderson, president, R. J. Corman Railroad Services, and John Goldman, president of L&I. R. J. Corman is performing contracting services for the railroad. From 2015 to 2017, 94 miles of continuous welded rail and more than 80,000 crossties were installed on L&I. The improvements are part of an agreement the shortline has with CSX that will see infrastructure upgrades along the 106-mile route between Louisville, Ky., and Indianapolis.

Continue reading
Jul
11

R. J. Corman, L&I Railroad host Rep. Hollingsworth

Rep. Trey Hollingsworth (R– IN-9) joined R. J. Corman Railroad Services and the Louisville & Indiana (L&I) Railroad on July 10 for a project tour and to discuss rail and manufacturing issues with various rail stakeholders.

The tour was led by Nathan Henderson, president, R. J. Corman Railroad Services, and John Goldman, president of L&I. R. J. Corman is performing contracting services for the railroad. From 2015 to 2017, 94 miles of continuous welded rail and more than 80,000 crossties were installed on L&I. The improvements are part of an agreement the shortline has with CSX that will see infrastructure upgrades along the 106-mile route between Louisville, Ky., and Indianapolis.

Continue reading
Jul
11

Trump taps former Conrail President Batory to lead FRA

Rail News Home Railroading People 7/11/2017 Rail News: Railroading People
Ron Batory speaks at RailTrends 2016.Photo – Progressive Railroading

President Donald Trump yesterday announced his intent to nominate Ronald Batory to serve as administrator of the Federal Railroad Administration (FRA).

Batory has more than 45 years of rail industry experience and most recently served as president and chief operating officer of Conrail. Batory joined the company in 1998 as vice president-operations and was appointed COO in 2004. He retired from Conrail on March 31.

Continue reading
Jul
11

From the editor: Amtrak's next leader

— By This email address is being protected from spambots. You need JavaScript enabled to view it., Editor

As we reported in our Daily News late last month, former airline industry exec Richard Anderson will be Amtrak’s next president and CEO. As of press time, Anderson — who most recently was executive chairman of Delta Air Lines after serving as its CEO from 2007 to 2016 — was to begin his new duties on July 12. Amtrak President and CEO Wick Moorman will be co-CEO with Anderson until Dec. 31. After that, Moorman will serve Amtrak in an advisory capacity.

Continue reading
Jul
10

AECOM to acquire Shimmick Construction for $175 million

Rail News Home Railroading Supplier Spotlight 7/10/2017 Rail News: Railroading Supplier Spotlight
AECOM has reached an agreement to acquire Shimmick Construction for $175 million.The acquisition, which is subject to customary closing conditions, is slated to close in AECOM's fourth fiscal quarter. The deal will provide AECOM with "leading civil construction capabilities" across the Western United States, AECOM officials said in a press release. In addition, the acquisition will better position the firm to capture a greater share of the market spend, company officials added."Shimmick's civil infrastructure expertise provides an immediate complement to our leading North American design practice," said Michael Burke, AECOM's chairman and chief executive officer. "As momentum across our Americas infrastructure markets builds, enhancing our construction capabilities is a critical next step to ensure we best capitalize on the tremendous opportunities in front of us."Shimmick has about 1,000 employees and a project backlog worth $1.35 billion. The firm's portfolio of projects includes the Honolulu Authority for Rapid Transportation's airport guideway and stations.

Contact Progressive Railroading editorial staff.

More News from 7/10/2017


Jul
10

Sand Spring's transload facility lands 'premier' label from BNSF

BNSF Railway Co. has designated a transload facility operated by Sands Spring Railway Co. in Oklahoma a "premier status" location.

The designation means the short line provides superior performance, markets a comprehensive service offering and maintains a minimum capacity level at the Tulsa facility. BNSF bestows a limited number of premier status designations during the course of a year, said officials at OmniTRAX Inc. — which owns Sands Spring Railway— in a press release.

Continue reading
Jul
10

Caltrain's average weekday ridership dips slightly

Caltrain logged 62,190 average weekday passengers during its yearly on-board ridership count in February and early April. The figure marked a 0.4 percent decrease over last year's on-board ridership count.

The news follows six years of consecutive ridership growth, Caltrain officials said in a press release.

Continue reading