The Federal Railroad Administration (FRA) on Aug. 1 announced that it will cancel two grants totaling more than $26 million for the Baltimore-Washington, D.C., Superconducting Magnetic Levitation (SCMAGLEV) Project, due to what U.S. Department of Transportation Secretary Sean P. Duffy calls the project’s “poor planning, significant community opposition, and tremendous cost overruns.”
Patriot Rail recently announced via a LinkedIn post that the first locomotive at the Rocky Mountain Rail Park on its Front Range Railroad (FRRR) has arrived, “marking a significant milestone” in the
The ports of Los Angeles and Long Beach on May 20 announced that they are accepting proposals from prospective short line railroad operators interested in providing railroad operating and maintenance services within
Hitachi Rail announced Jan. 17 that it had agreed to acquire Omnicom, a digital rail monitoring business, from Balfour Beatty, “marking a key strategic pillar for Hitachi Rail’s new digital asset management
LA Metro recently agreed to pay $250,000 to settle a lawsuit over alleged violations of state and federal law and its own manufacturing policy related to a multi-million-dollar contract with South Korean
BNSF, in partnership with Patriot Rail and the Utah Inland Port Authority (UIPA), on July 31 announced the official opening of the Class I’s new intermodal facility in Salt Lake City. The
Amtrak names Costin Corneau as Executive Vice President and Chief Financial Officer (CFO). Also, Trinity Metro names Reed Lanham as Chief Operating Officer (COO); and Urban Engineers, Inc. (Urban) names James (Jim) Bilella, PE, as CEO, and promotes Christopher Bobrowski, CPA, to CFO.
V6 Agronomy, in partnership with the Port of Johnstown, on July 29 broke ground on Canada’s first low-carbon, enhanced efficiency fertilizers (EEFs) and commercial phosphate fertilizer terminal located in the Township of
The Surface Transportation Board (STB) on July 30 confirmed that it has received a notice of intent regarding a proposed merger that would result in the combination of Union Pacific (UP) and Norfolk Southern (NS). This notice, required under the Board’s merger regulations at 49 C.F.R. Part 1180, “initiates the regulatory review process for a proposed major merger between two Class I railroads.”
Trinity Industries President and CEO Jean Savage said in a July 31 financial report that the company’s second-quarter 2025 results “highlight the robust performance of our leasing business and Trinity’s capability to generate substantial cash flow. We are seeing recovery in new railcar demand as sequential order volumes improved, and we generated a book-to-bill of 1.3x.”