Pennsylvania’s Lycoming Valley Railroad will be the beneficiary of a new industry track construction project near Muncy, Pa. The project involves building 2,300 feet of new track and restoring another 1,800 feet of existing track.
Regional Rail, LLC says it has acquired a construction and demolition debris (C&D) rail-served transfer station in Conshohocken, Pa.
Rose-Hulman Institute of Technology in Terre Haute, Ind., has conferred an honorary Doctor of Engineering degree upon Thomas G. Hoback, founder, president, and CEO of The Indiana Rail Road Co. Hoback receive the degree Saturday during the school’s 134th commencement ceremony.
RailAmerica Inc., which owns 45 small railroads that operate approximately 7,500 miles of track in North America, disclosed late Tuesday that it is considering selling the company and has entered into talks with third parties. Deutsche Bank Securities Inc. is its financial adviser.
Last month I wrote about how paper and other single-carload commodities were down year-over-year, and the impact that trend is having on Class II and III railroads in particular. One reason these downturns hit the smaller roads the hardest is because they do not have unit train volumes to offset short-term losses in single-car shipments. Another is the unevenness of service quality and consistency that too often occurs in single-car shipment lanes. Happily, such does not have to be the case.
The Surface Transportation Board on Monday granted final approval for what it called “a first of its kind” rail line. It gave R.J. Corman Railroad Co./Pennsylvania Lines Inc. (RJCP) authority “to build and operate a new rail line using right-of-way previously rail-banked as well as new right-of-way, near Wallaceton, Pa.
Operation Lifesaver Thursday cautioned professional photographers to be aware of the risks of taking photos of high school seniors and wedding parties on train tracks or trestles.
The Surface Transportation Board on May 14 approved a request by Iowa Pacific Holdings to reopen a rail route deep in Adirondack State Park, N.Y., dismissing protests from an environmental group seeking to block reactivation.
The American Short Line & Regional Railroad Association has named Tyrone James, vice president of Safety & Compliance at Genesee & Wyoming, as the winner of this year’s Safety Professional of the Year Award. ASLRRA also announced that Aaron Willet, superintendent of Operations at the Illinois Railway, as the winner of its 2012 Safety Person of the Year award.
San Francisco-based SteelRiver Infrastructure Partners, an independent investment management firm, said Tuesday it will acquire 100% of the capital stock of Patriot Rail Corp. The firm will make the purchase through its dedicated infrastructure investment vehicle, SteelRiver Infrastructure Fund North America LP.