railroad News Updates

Government, Business, Technology, Safety

Railroads Achieve Full Positive Train Control Implementation, FRA Says

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

January 11, 2021
Business

American Railcar Industries Changes Name to American Industrial Transport

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

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.

April 21, 2020
Government, Business

Canadian Pacific Acquires Central Maine & Quebec Railway

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

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.

December 3, 2019
Government, Business, Technology, TCA

Rail Advocates Push for Pacific Northwest Bullet Train

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.

November 13, 2019
Business, Logistics

American Railroads Are Already in Recession With No End in Sight

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

October 7, 2019
Government, Business, Logistics

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

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.

August 28, 2019
Business, Logistics

Brookfield Buys Rail Operator Genesee for $8.4 Billion

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.

July 1, 2019
Business, Equipment, TCA

Wabtec Names Rafael Santana CEO Effective July 1

Exactly two months after Westinghouse Air Brake Technologies purchased GE Transportation, Wabtec on April 25 announced that CEO Ray Betler will retire and that Rafael Santana, previously the CEO of GE Transportation, will step into that role as of July 1.

April 25, 2019