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 heard starkly different opinions from some railroads and unions about whether the agency should mandate freight train crews of at least two people.
Advocates for freight and passenger rail in Texas are pressing legislators to pursue federal grant opportunities that would bolster short lines and intercity rail.
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.
Privately owned short line operator Patriot Rail is planning to acquire the 26-mile short line as it eyes business opportunities in Utah.
The grants help localities, short lines and passenger railroads improve the safety and efficiency of their rail networks.
The short line operator prepares itself to manage future growth opportunities.
OmniTrax, a short line operator, says the appointment will help the company capitalize on customer interest for rail-based supply chains.
The bipartisan bill seeks to streamline the application process and lower the application costs for a loan program for short line and passenger railroads.
OmniTRAX is looking for interested parties seeking to develop commercial facilities along its West Virginia rail lines.
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.
Technology will have a key role, but how will shippers and labor benefit from the railroads’ high-tech initiatives, panel asks.
Private equity firms are likely to continue M&As in freight rail industry next year and beyond, observers say.
The notice of proposed rulemaking pertains to training for Class II and Class III rail employees.
Third-quarter revenue fell for the shortline operator.
Precision scheduled railroading (PSR) can’t succeed if the Class I railroads aren’t able to fold the shortline railroads into the new operating model, according to one of the early developers of the precision railroading model.
