R.J. Corman completes buy of TSE Railroad
R. J. Corman Railroad Company/Texas Lines LLC late Tuesday, Sept. 2, 2014 announced the purchase of the assets of Texas Southeastern Railroad (TSE), previously a subsidiary of Georgia-Pacific LLC.
R. J. Corman Railroad Company/Texas Lines LLC late Tuesday, Sept. 2, 2014 announced the purchase of the assets of Texas Southeastern Railroad (TSE), previously a subsidiary of Georgia-Pacific LLC.
The Surface Transportation Board announced Tuesday, Sept. 2, 2014, that it has found five U.S. Class I railroad properties to be “revenue adequate for the year 2013, meaning that five of the Class I railroads achieved a rate of return equal to or greater than the Board’s calculation of the average cost of capital to the freight rail industry.”
Amtrak on Tuesday, Sept. 2, 2014, made clear in part its frustration over its own on-time performance by calling on the Surface Transportation Board to look into the matter, specifically as it concerns Canadian National Railway.
Despite publicly stated misgivings, the Minneapolis City Council has voted to approve a compromise package advancing the Twin Cities Southwest Light Rail Transit line, linking Minneapolis with Eden Prairie, Minn.
Salt Lake City officials say they’ll seek federal funding, adding it to their own, to expand the city’s initial Sugar House streetcar line south of downtown.
Illinois Gov. Pat Quinn has pledged an additional $102 million in right-of-way upgrades for higher-speed rail (HrSR) improvements to accelerate passenger rail travel times between Chicago and St. Louis.
Two Chevy Chase, Md., residents and the Friends of the Capital Crescent Trail, a citizen’s group, have filed a federal lawsuit seeking to stop the proposed Purple Line light rail transit project due to claims of threatening two species of small invertebrates in nearby streams, despite assurances from the U.S. Fish and Wildlife Service that such impact is extremely unlikely.
A National Transportation Safety Board report on a Conrail Shared Assets derailment in Paulsboro, N.J., cites several factors, including inadequate safety training for train crews, as contributing factors.
U.S. freight rail traffic continued to gain ground in the latest week ending Aug. 23, 2014, the Association of American Railroads reported Thursday, Aug. 28, even as Canadian and Mexican traffic fared less well.
Representatives of the Greater Cleveland Regional Transit Authority (GCRTA) and the Federal Transit Administration, along with Cleveland city officials, gathered Thursday, Aug. 28, 2014 for a ribbon-cutting ceremony to herald the opening of a new Cedar-University rail station, located on GCRTA’s Red Line rapid transit route.