Marmon Rail has elevated Kate Suprenuk to President, Railcar Leasing North America, leading the leasing business of Union Tank Car Company (UTLX) and Procor Limited. Randy Pocrnick, President of Procor Leasing, will retain his current responsibilities and report to Suprenuk.
An affiliate of investment firm ITE Management L.P. (ITE) has agreed to acquire North American rolling stock lessor SMBC Rail Services LLC from SMBC Americas Holdings, Inc., a member of Sumitomo Mitsui
Union Pacific (UP) on Nov. 6 reported that 543 nonprofit organizations across its 23-state system will benefit from nearly $5.1 million in grants from its 2023 Community Ties Giving Program.
Brightline, Florida’s private-sector passenger railroad, unveils an Orlando Health-branded train. Also, Los Angeles County Metropolitan Transportation Authority (LACMTA) releases the Measure M five-year comprehensive assessment and equity report; ST Engineering wins platform screen door contract for Metrolinx’s Ontario Line; Southeastern Pennsylvania Transportation Authority (SEPTA) will stop accepting fare tokens next year; and Sound Transit’s new fare compliance policy takes effect later this month.
The California High-Speed Rail Authority (CHSRA) has released a design services Request for Qualifications (RFQ) to industry for track and overhead contact systems for the initial 171-mile passenger rail service connecting Merced to Bakersfield. It also released its 2023 sustainability report.
BNSF on Nov. 6 released third-quarter 2023 financial results, including net income of $1.221 billion, a 15% decline from the prior-year period’s $1.442 billion, and total volumes (in thousands) of 2,296, down 5% from 2022’s 2,411.
Canadian Pacific Kansas City (CPKC) and CSX Transportation are seeking Surface Transportation Board (STB) approval to establish a new interchange connection in Alabama and freight corridor linking Mexico, Texas and the U.S. Southeast. The STB on Nov. 3 accepted for consideration their applications.
The Surface Transportation Board (STB) on Nov. 2 denied Union Pacific’s (UP) motion to dismiss Sanimax USA LLC’s (Sanimax) service case against it and set a procedural schedule for the submission of damages evidence. STB Members Patrick J. Fuchs and Michelle A. Schultz dissented with separate expressions.
The Federal Railroad Administration (FRA) on Nov. 6 reported awarding $16.4 billion for 25 passenger rail projects along the Northeast Corridor (NEC) through the Federal-State Partnership for Intercity Passenger Rail Program (Fed-State
The Brotherhood of Maintenance of Way Employes Division-International Brotherhood of Teamsters (BMWED) on Oct. 31 reported ratifying an agreement with BNSF that includes paid sick days.
