Rail re-start for Port of Coos Bay
The Oregon International Port of Coos Bay will restart rail operations on its renamed subsidiary, Coos Bay Rail Line, on port-owned rail November 1.
The Oregon International Port of Coos Bay will restart rail operations on its renamed subsidiary, Coos Bay Rail Line, on port-owned rail November 1.
Palm Beach County Commissioner Steven L. Abrams was selected Executive Director of the South Florida Regional Transportation Authority (SFRTA).
Vertex Railcar Corp., the start-up builder in Wilmington, N.C., is expected to cease operations by the end of this year, according to a published report.
Carload commodity freight on U.S. railroads continued to slow but intermodal shipments set a brisker pace through the first 10 months of this year.
A Midwest regional railroad is getting some assistance for grade crossing improvements in north-central Ohio.
Washington’s Metro system wants to hold the line on fare hikes while proposing expanded rail service as part of a fiscal 2020 budget proposal.
Japan’s Hitachi Group has reached an agreement with Paul Singer-led hedge fund Elliott to purchase the investment group’s 31.8% stake in Italy’s Ansaldo STS for €807.8 million ($919.7 million), or $14.46 per share—another step in its desire to own 100% of the company founded by George Westinghouse as Union Switch & Signal in 1881.
The Reading & Northern Railroad plans to appeal a ruling dismissing its challenge to bid on short line operating rights in central Pennsylvania.
Short line operator OmniTRAX announced a multimodal joint venture that will expand last-mile logistics services to the oil and gas industry.
If the latest commodity carload data are any indication, there could be uncertainty ahead for the U.S. economic rally.