Canadian Pacific and U.S. Silica Holdings, Inc. Friday announced a multi-year agreement for the movement of frac sand from U.S. Silica’s newest mining and processing facility in Sparta, Wis., as Class I railroads continue expanding their services in the energy field.
Norfolk Southern and New York Air Brake have taken LEADER® from concept to test to proven technology.
Environmental activism, an abundance of cheap natural gas, and the global economy were connected in one way or another with the mixed outlook for coal during the first half of 2012. The effects are being felt by railroads that haul coal to utilities, industries, and export terminals.
U.S. Silica Holdings, Inc. announced Monday that it has formed “an innovative alliance with BNSF Railway to build a new silica sand storage facility in San Antonio, Tex., that will support the rapidly growing oil and gas extraction industry in the Eagle Ford shale.”
Iowa Pacific Holdings said Wednesday it has opened its new locomotive repair shop on the Texas-New Mexico Railroad (TNMR) subsidiary, a key rail line in the Permian Basin oilfield.
Holland L.P. affirmed Thursday that it has acquired the Railway Securement Business of L.B. Foster. Terms of the transaction remain undisclosed.
There’s no question about the importance of coal to the railroads. It has recently accounted for 44% of U.S. Class I railroad tonnage, 24.1% of carloads, and 24.2% of revenue. A mild winter coupled with abundant and cheap natural gas has led to a sharp decline in coal traffic—it was down 16% in the week ended May 10 and coke was down 9%.
L.B. Foster Co. on Monday noted the completion of the sale of its railway securement business to Holland, L.P.
The Port Authority of Allegheny County (PAT) said Monday it will eliminate 13 “little-used” Pittsburgh light rail transit stops to speed up travel times. The move will take place June 25.
Dallas Area Rapid Transit (DART) early Monday morning heralded reaching 250 million customers since DART light rail transit service began almost 16 years ago on June 14, 1996.
