Noncarrier holding company Tarantula Corporation finalizes its acquisition of all Texas Central Railroad stock from Birdsong Corporation. Also, Genesee & Wyoming’s New England Central Railroad (NECR) and Rapid City, Pierre & Eastern Railroad (RCPE) celebrate their 30th and 10th anniversaries, respectively.
After roughly 2½ years of covering every skirmish in what we have come to call the “Second Battle of Mobile,” it now looks like the battle is essentially over. On Aug. 6,
Norfolk Southern’s (NS) Glake Yard celebrates 15 years of injury-free service. Also, BNSF completes a new mainline improvement project in Becker, N.Mex.
Norfolk Southern (NS) on Aug. 7 announced that it has appointed three industry veterans with precision scheduled railroading (PSR) experience to lead its Transportation team, reporting to Chief Operating Officer John Orr.
The Surface Transportation Board (STB) has determined that the cost of capital for the railroad industry was 9.87% for 2023.
Savage, a family-owned supply chain infrastructure and solutions company, on Aug. 7 announced that it is developing a new multi-commodity, rail-connected transload terminal to serve the Las Vegas market.
Transport Canada on Oct. 13 announced the official launch of the Request for Proposals (RFP) for the High Frequency Rail (HFR) project to the three selected consortiums invited to participate. Proposals are due in summer 2024.
President of Mexico says remaining sections will open early next month.
The Chicago Transit Authority (CTA) reopens the new Damen Green Line station at Lake Street and Damen Avenue. Also, results of the San Francisco Municipal Transportation Agency’s (SFMTA) 2024 Muni Rider Survey show big improvements; and two Metropolitan Atlanta Rapid Transit Authority (MARTA) railcars are being developed into Atlantic Ocean reed habitats.
Camp Hill, Pa.-based Gannett Fleming and Kansas City, Mo.-based TransSystems on Aug. 7 reported combining to form a national provider of infrastructure consulting services, bolstering their position within the bridges, highways, construction services, mass transit and rail, and program management markets. The merged firm has more than 5,000 employees and approximately $1.3 billion in revenue, they said.