rail yards

Universal Logistics said the $194 million acquisition of rail terminal operator Parsec will be immediately accretive to earnings.

A $73 million rail expansion at the Port of Los Angeles adds five storage tracks, new crossovers and turnouts, and a concrete rail bridge, among other improvements.

Tremelle Sykes allegedly filed false reports covering railyard companies in Dallas, Fort Worth, Garland, Cleburne, Gunter and Saginaw, Texas.