United Rail Purchases U S Rail Holdings for $4.5 Million
Short-line freight railroad U S Rail Holdings is being acquired by United Rail Inc. for $4.5 million. U S Rail Holdings, based in Toledo, Ohio, leases and operates about 72 miles of rail lines in the Kokomo, Ind., area providing transloading, private industrial railcar switching, track maintenance services, railcar repair and railcar storage.
August 27, 2018Railroads Would Save $17 Million With Construction Equipment Exemption
Several types of railroad construction and maintenance equipment would be exempted from OSHA’s construction crane rule if details of a proposal released July 18 take effect.
Minnesota Freight Railroad Files Lawsuit Over Light-Rail Project
Planners of the Southwest light-rail project in Minnesota are facing another legal challenge, this time from a freight rail company that is slated to share a portion of the nearly 15-mile route between Minneapolis and Eden Prairie.
Canada Oil Recovery Faces Threat From Potential Rail Strike
A potential strike by Canadian Pacific Railway Ltd. workers threatens to derail a recovery in Alberta’s beaten-down heavy oil prices.
Ronald Batory Sworn In as FRA Chief
Two weeks after Ray Martinez was confirmed to lead the Federal Motor Carrier Safety Administration, Ronald Batory was sworn in as Federal Railroad Administration chief.
Top US Railroad Official Out After Reports of Moonlighting
Heath Hall has resigned as a top official with the Federal Railroad Administration, a Department of Transportation official said.
February 12, 2018Norfolk Southern Refused to Hire or Keep People With Medical Problems, Federal Agency Says in Lawsuit
Norfolk Southern Corp. systematically refused to hire or retain people with a wide range of real or perceived medical problems including cancer, diabetes, arthritis and heart problems, the federal government claims in a federal lawsuit filed Sept. 27 in Pittsburgh
CSX Layoffs Hit Chicago Switching Yard Amid National Cost-Cutting Moves, Union Says
Railroad giant CSX, which is under fire from regulators for operating changes that have disrupted its freight service nationwide, laid off more than 6o employees this week at its primary Chicago switching yard, according to the workers’ union.
Fla. County Receives Federal Grant to Improve Railway
The Department of Transportation has approved an $8.67 million grant for Taylor County, Fla., to revitalize 80 miles of railway between Florida and Georgia, Rep. Neal Dunn (R-Fla.) has announced.
Rail Hot Streak Continues: Union Pacific Profits Up 19%, Beat Estimates
Freight rail carrier Union Pacific Corp. announced July 20 that profits jumped 19% in the second quarter after CSX Corp. and Canadian Pacific Railway posted strong gains earlier in the week.