Author: Andrew Corselli

RailUSA acquires 430-mile Florida rail line

Independent freight railroad and rail services holding company RailUSA, LLC recently acquired a 430-mile rail line and related real estate from CSX Corporation (CSX). Financial terms of the deal were not disclosed.

TriMet taps Siemens for $80M mid-life overhaul

Siemens Mobility recently announced that it has won a mid-life overhaul service contract worth $80 million—with options for up to $25 million more—for TriMet’s Type-2 and Type-3 Light Rail Vehicle (LRV) fleet.

DART FLIRTs with Stadler for $119M contract

Dallas Area Rapid Transit (DART) recently awarded Stadler US, Inc. a $119 million contract to build eight FLIRT model trains and to design an Equipment Maintenance Facility (EMF) for the Cotton Belt Regional Rail Project. DART anticipates the trains to go into passenger service by the end of 2022.

Downes tabbed as GBX CFO

The Greenbrier Companies, Inc. announced that its Senior Vice President and acting Chief Financial Officer Adrian Downes has been appointed Chief Financial Officer.

AAR: Freight traffic, total carloads decline

Total carloads were down and only three commodity groups saw year-over-year increases for the week ended May 25, according to figures released by the Association of American Railroads (AAR).

Metro, Intersection plan to technologize Blue Line

The Los Angeles County Metropolitan Transportation Authority (Metro) recently announced that it has partnered with technology company Intersection to install a new digital communications and advertising network on the southern portion of the Metro Blue Line.

Tron, Allied join forces

Tron Construction and Mining (Tron) and Allied Track Services (Allied) have teamed up “to create a First Nations-led full-service provider of industrial, civil and railroad construction services to the rail industry across Canada.”