Tekorius Promoted to GBRX President, COO
The Greenbrier Companies, Inc. (GBRX) promoted Lorie Tekorius from Executive Vice President and Chief Operating Officer to President and COO, with expanded responsibilities.
Author: Andrew Corselli
Amtrak, MassDOT To Launch Valley Flyer Service
Amtrak, in conjunction with MassDOT, is launching a new state-supported, seven-day-a-week passenger train for a two-year pilot program on August 30 called the Valley Flyer.
AAR: August Not So Hot For Rail Traffic
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended August 24, 2019, and for this week total U.S. weekly rail traffic was 532,483 carloads and intermodal units, down 5.9% compared with the same week last year.
Two Grants Aim to Improve Amtrak Midwest Network
A pair of State Departments of Transportation received federal grants to improve service along the Amtrak Midwest network.
FTA Seeks Public Comment on PMO Rule
The Federal Transit Administration (FTA) announced that it is seeking public comment on revisions to its Project Management Oversight (PMO) rule, which guides federal oversight of large transit capital investments.
MRC Names Cook VP of Sales, Marketing, Business Dev.
Global railcar leasing company Mitsui Rail Capital, LLC (MRC) has appointed Kevin Cook as Vice President of Sales, Marketing and Business Development.
FSI to Acquire Patriot Rail and Ports
Global infrastructure investor First State Investments (FSI) has reached an agreement with SteelRiver Infrastructure Partners to acquire 100% of the equity of Patriot Rail and Ports, which operates a portfolio of 12 short line freight railroads with more than 585 track-miles across 14 states in the U.S. Terms of the deal were not disclosed.
WSP Names New Leadership Team
WSP USA has announced the appointments of four staff into leadership roles in Los Angeles.
Road & Rail Wins Seventh Plant Processor of the Year Award
Louisville, Ky.-based Road & Rail Services, Inc. recently received—for the seventh time—the 2019 Plant Processor of the Year Performance Excellence Award from American Honda Motor Corporation (AHM) of North America.
OmniTRAX Acquiring Cleveland Commercial Railroad
A managed affiliate of OmniTRAX, Inc. has entered into a definitive agreement to acquire Cleveland Commercial Railroad (CCRL) and its wholly owned subsidiary, Cleveland Harbor Belt Railroad (CHB). The acquisition is expected to close in late August 2019, and terms of the transaction were not disclosed.