Analyst: Thumbs up to Trinity Industries buy
Trinity Industries, Inc. has announced its intent to acquire Meyer Steel Structures, a provider of tubular steel structure for electricity transmission and generation, for about $600 million.
Author: Douglas John Bowen
Illinois, UP mark projects new and old
Illinois Gov. Pat Quinn and Illinois U.S. Sen. Dick Durban (D) joined Union Pacific President and COO Lance Fritz Friday, June 27, 2014, to announce a joint $90 million addition of a third track to Metra’s West Line.
Indiana taps vendor for Hoosier State
Indiana’s Department of Transportation has selected Corridor Capital, LLC as its “preferred vendor” to manage and operate Amtrak’s Hoosier State between Indianapolis and Chicago.
Date set for Detroit streetcar groundbreaking
July 28, 2014, is the date now set for groundbreaking ceremonies initiating work on Detroit’s M1 steetcar project, M1 officials said Friday, June 27.
AAR to STB: Market forces aid grain shippers
In a 24-page submission to the Surface Transportation Board dated Thursday, June 26, 2014, the Association of American Railroads (AAR) responded to STB’s request “seeking input on the Board’s rate reasonableness complaint procedures related to the transportation of grain by rail.”
El Paso streetcar plan gets state funding
The Texas Transportation Commission dispensed $2.2 billion in funding Thursday, June 26, 2014, to numerous municipalities in the Lone Start State, including cities such as Houston, Dallas, and San Antonio. But about $97 million will go to El Paso, Tex., for use in establishing a heritage streetcar operation.
Intermodal volume boosts U.S. freight traffic
U.S. freight traffic scored another advance during the week ending June 21, 2014, aided by intermodal volume the Association of American Railroads described Thursday, June 26, as “the highest week in history … topping the previous record set last week.”
Detroit City Council OKs streetcar line
Permits approved Tuesday, June 24, 2014 by the Detroit City Council have cleared the way for groundbreaking to occur sometime this summer on the city’s public-private partnership M1 streetcar project.
Metra dedicates rehabilitated Cicero Station
Chicagoland’s Metra on Wednesday, June 25, 2014, joined local elected officials and to mark the completion of a $4.5 million renovati0on of Metra’s Cicero Station on the BNSF Line.
San Antonio rail can proceed, city OK or no
San Antonio City Attorney Robbie Greenblum has issued a memo noting VIA Metropolitan Transit is not required to obtain permission from the city to advance streetcar development along city rights-of-way.