railroad

Government, Business, Fuel

Railroads Told to Turn Over Evidence in Fuel Surcharge Suit

Rail KGrif/Getty Images

In a move that could help speed up the path to a trial, a District of Columbia federal judge ruled in a multidistrict federal lawsuit that more than 200 shippers are entitled to pursue certain evidence to support their allegation that the four largest Class I railroads may have conspired to fix fuel surcharge prices.

Eric Miller | Senior Reporter
March 2, 2021
Government, Business, Technology, Safety

Railroads Achieve Full Positive Train Control Implementation, FRA Says

Railroad engineer using PTC technology A Union Pacific engineer using PTC technology. The technology is operational across the 57,536 railroad route miles as required by federal law, the FRA said Dec. 29. (Union Pacific)

The country’s freight and passenger railways are operating with automatic braking system technology, according to the Federal Railroad Administration.

Eugene Mulero | Senior Reporter
January 11, 2021
Business

American Railcar Industries Changes Name to American Industrial Transport

AITX Background via AITX launch video/Vimeo, Logo via AITX website

Railcar leasing and repair company American Railcar Industries has changed its name to American Industrial Transport, the company announced July 21.

July 21, 2020
Government, Business, Technology, Safety

Special Freight Railcars Could Travel at High Speeds, Federal Researchers Show

Railroad Getty Images

For at least the past decade, America’s railroads have been toying with the notion of freight trains moving at speeds approaching some passenger bullet trains.

Eric Miller | Senior Reporter
April 21, 2020
Government, Business

Canadian Pacific Acquires Central Maine & Quebec Railway

Canadian Pacific Canadian Pacific train. (Don MacKinnon/Bloomberg News)

Canadian Pacific closed its acquisition of the Central Maine & Quebec Railway, the Alberta-based rail company said in a Dec. 30 news release.

January 6, 2020
Government, Business, Technology, Logistics, TCA

Tunnel Planned for California Bullet Train Under Burbank Airport

A view of the Burbank airport A view of the Burbank airport. It sits in Southern California path of bullet train proposed by the California High-Speed Rail Authority. (Jorge Villalba/Getty Images)

The complexity of building a bullet train through Southern California’s urban maze is leading state officials to consider two major additions: a tunnel under the Burbank airport and a project that would help a freight railroad expand its switching yards in the Inland Empire.

Ralph Vartabedian | Los Angeles Times
December 3, 2019
Government, Business, Technology, TCA

Rail Advocates Push for Pacific Northwest Bullet Train

Washington Gov. Jay Inslee Washington Gov. Jay Inslee is one of the prominent voices lending support for a high-speed rail.

Last week’s vote in Washington state to roll back car registration fees has scrambled transportation budgets. But Pacific Northwest rail advocates are undeterred in pursuing their vision of a bullet train connection among Portland, Seattle and Vancouver, Canada.

Tom Banse | The (Eugene, Ore.) Register-Guard
November 13, 2019
Business, Logistics

American Railroads Are Already in Recession With No End in Sight

Railroads are in a recession. Getty Images

This year’s railroad slump is getting worse as a slowdown in manufacturing threatens broader weakness in the U.S. economy.

Thomas Black | Bloomberg News
October 7, 2019
Government, Business, Logistics

NYC-Area Rail Bridge Planners Take Another Shot at Federal Funds

Railroad tracks Emile Wamsteker/Bloomberg News

New Jersey and New York officials will submit a revised financial plan for the $1.6 billion replacement of a decrepit bridge that’s key to rail traffic in the U.S. Northeast, the latest attempt to secure funding from a recalcitrant administration.

Elise Young | Bloomberg News
August 28, 2019
Business, Logistics

Brookfield Buys Rail Operator Genesee for $8.4 Billion

Luke Sharrett/Bloomberg News

An affiliate of Brookfield Asset Management Inc. agreed to buy railroad company Genesee & Wyoming Inc. for about $6.3 billion, expanding its global portfolio of rail companies with a 120-line network spanning North America, Europe and Australia.

Ma Jie and Thomas Black | Bloomberg News
July 1, 2019

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