EQT to Take Eagle Under its Wing
Global investment organization EQT on April 1 reported that the EQT Infrastructure VI fund (EQT) has entered into a definitive agreement to acquire Eastland, Tex.-based Eagle Railcar Services (Eagle), which offers 13
Global investment organization EQT on April 1 reported that the EQT Infrastructure VI fund (EQT) has entered into a definitive agreement to acquire Eastland, Tex.-based Eagle Railcar Services (Eagle), which offers 13
STV elevates Paul Bobby to Illinois Area Manager. Also, Doug Caylor joins the Ports of Indiana as Business Development Director.
Brightline, Florida’s private-sector passenger railroad, teams with Loews Hotels. Also, Chicago Transit Authority (CTA) marks the start of accessibility improvement work at Austin Green Line station; and Port Authority of New York and New Jersey (PANY/NJ) renews an operations and maintenance services contract for JFK International Airport’s AirTrain in New York City.
The Transportation Safety Board of Canada (TSB) on March 31 again called for additional backup safety defenses—“i.e., physical fail-safe train controls”—in signaled territory, following its investigation of the 2024 main-track collision of two Canadian Pacific Kansas City (CPKC) trains near Greely, British Columbia.
Massachusetts Bay Transportation Authority (MBTA) upgrades its fourth Commuter Rail station this year for accessibility. Also, the Southeastern Pennsylvania Transportation Authority (SEPTA) Board approves a transit-oriented development project in Conshohocken, Pa.
The National Carriers Conference Committee (NCCC) on March 31 reported reaching a tentative national agreement with the International Association of Machinists and Aerospace Workers (IAM), covering approximately 4,900 freight rail members.
Norfolk Southern (NS), in collaboration with 123Carbon, has introduced the RailGreen program to help its customers reduce emissions from their freight rail shipments. “Shipping by rail versus truck reduces emissions 75% on
Patriot Rail earns a 2025 USA Today Top Workplaces award. Also, Genesee & Wyoming’s (G&W) Huron and Eastern Railway (HESR) marks 40 years of service.
CSX has been recognized for “excellence in investor relations” within the industrial sector at the IR Impact Awards–U.S.
Canadian Pacific Kansas City’s (CPKC) Fuel Center of Excellence team is recognized for improving fuel efficiency and driving down costs and emissions. Also, Benjamin H. Griswold, IV joins CSX President and CEO Joe Hinrichs as capital campaign Co-Chair for the B&O Railroad Museum.