Carload Express, Inc. (Carload) has sought Surface Transportation Board (STB) approval to acquire Maryland & Delaware Railroad Company (MDDE) through the purchase of outstanding equity shares from parent company Old Line Holdings
For the 52-week period ending Dec. 28, 2024, total U.S. rail traffic of 25,178,586 carloads and intermodal units was up 3.4% from same point in 2023, according to the Association of American Railroads (AAR). This is based on intermodal gains (up 9.3% to 13,842,174 units) compensating for carload losses (down 2.9% to 11,336,412 units).
The Port Authority of New York and New Jersey’s (PANY/NJ) Board of Commissioners last month unanimously reelected the Chairman, Vice Chairman and Executive Director, as well as all other incumbent officers, including Secretary, General Counsel, Chief Financial Officer, Comptroller, and Treasurer.
Inflationary pressure and monetary policy uncertainty are among the key concerns that could impact the supply chain in 2025, according to ITS Logistics’ latest report.
Wabtec Corporation acquires Bloom Engineering, Inc. Also, the Conference of Minority Transportation Officials’ Northern California chapter honors HNTB Corporation.
Subsidiaries of Pittsburg, Kans.-based Watco and Jacksonville, Fla.-based Patriot Rail reach safety milestones. Also, Genesee & Wyoming’s (G&W) Heart of Georgia Railroad property celebrates its “silver” anniversary.
The Brotherhood of Locomotive Engineers and Trainmen (BLET) and Genesee & Wyoming subsidiary Berkshire & Eastern Railroad (B&E) have ratified a new agreement governing rates of pay, benefits, and work rules for 32
Rail Vision Ltd. joins MxV Rail’s Technology Roadmap Program. Also, Wabtec Corporation renews a locomotive services agreement in India.
Massachusetts Bay Transportation Authority (MBTA) wraps up its track improvement program. Also, the new Capstan SkyTrain Station on the Canada Line in Richmond, British Columbia, is open.
South Carolina (SC) Ports highlights the ongoing expansion of Inland Port Greer and construction of the Navy Base Intermodal Facility. Also, Tanco Terminals is boosting its Lake Michigan operations at Ports of Indiana-Burns Harbor.