7 hot issues for rail stakeholders in 2024
What are stakeholders in the freight rail space keeping an eye on in 2024? Here’s a starter list.
What are stakeholders in the freight rail space keeping an eye on in 2024? Here’s a starter list.
3i-backed Regional Rail plans to acquire two more short-line railroads, one in Ohio and one in Indiana, as part of a push to expand its presence in the Midwest.
The Federal Railroad Administration’s CRISI program for rail infrastructure projects awarded a record $1.4 billion to 70 projects across the U.S.
Jacksonville, Florida-based Gulf & Atlantic Railways is acquiring the Pioneer Valley Railroad in Massachusetts and operating the revamped Grenada Railroad.
3i Infrastructure-backed Regional Rail is adding Clinton Terminal Railroad to its assets in North Carolina.
Kennan Beard, president of the California Short Line Railroad Association and president and CEO of the Sierra Northern Railway, talks to FreightWaves about why he thinks CARB’s new regulation governing locomotive emissions isn’t well thought out.
The U.S. Small Business Administration wants the Federal Railroad Administration to revise its analysis for the proposed train crew size rule, contending it “significantly understated” costs and the number of potentially affected businesses.
The Federal Railroad Administration heard starkly different opinions from some railroads and unions about whether the agency should mandate freight train crews of at least two people.
Regional Rail, which is backed by United Kingdom investment firm 3i Infrastructure, is acquiring three short-line railroads from Agracel Rail Holdings.
Regional Rail, which is backed by infrastructure investment firm 3i, has acquired freight rail assets in western Canada that serve agricultural and energy interests.
Advocates for freight and passenger rail in Texas are pressing legislators to pursue federal grant opportunities that would bolster short lines and intercity rail.
This AskWaves article explains what Class I, Class II and Class III railroads are and why they exist.
Pioneer Lines, Kansas City Southern and Conrail have appointed new leaders.
The coronavirus relief bill that passed Congress includes language that would make permanent a tax credit encouraging short line railroads to invest in capital projects.
Jaguar acquires five short lines, while OmniTRAX readies more business-ready sites.
The U.S. Department of Transportation hopes the changes will help more short line and regional railroads modernize and upgrade their infrastructure.
The short line operator prepares itself to manage future growth opportunities.
The short line operator is working with local economic development commissions to develop rail-ready sites for industrial use.
OmniTRAX is looking for interested parties seeking to develop commercial facilities along its West Virginia rail lines.
A report from Boston Consulting Group suggests that the Class I railroads must look beyond precision scheduled railroading and operating ratios if the industry wants to be a competitive transportation mode.
Freight rail trade and labor groups applaud the U.S. federal government for passing the $2 trillion stimulus package aimed at stabilizing the American economy amid the coronavirus pandemic.
The requests to waive the Federal Railroad Administration’s regulations on random alcohol and drug testing and on certain rail operations are due to social distancing recommendations and an anticipated reduction in staff because of COVID-19.
The acquisition will expand Regional Rail’s short line operations into North Carolina.
Improving rail volumes and service are among the crucial issues to look out for as the railroads reveal their 2020 guidance in the coming days.
Technology will have a key role, but how will shippers and labor benefit from the railroads’ high-tech initiatives, panel asks.
OmniTRAX and R.J. Corman seek to cultivate customer relations with recent appointments.
Lower rail volumes, an active Surface Transportation Board and a strike were among the key events that the U.S. and Canadian freight rail industry experienced this year.
Private equity firms are likely to continue M&As in freight rail industry next year and beyond, observers say.
The loans would enable short line railroads to pay for rehabilitation projects.
The trade group has been lobbying Congress to make permanent a tax credit for infrastructure investments.