New group forms to represent commuter rail interests NEWSWIRE

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ALEXANDRA, Va. — Metra, NJ Transit, and TriMet of Portland, Ore., are among the initial members of the Commuter Rail Coalition, a new association formed to advocate for commuter railroads in the U.S. Describing itself as “a single-minded advocate in Washington” for U.S. commuter railroads, the coalition website says it is “a collection of agencies, […]

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Steam to visit SEPTA in May NEWSWIRE

NORTH WALES, Pa. — For the first time in nearly three decades, steam will traverse SEPTA’s Lansdale-to-Doylestown main line. In recognition of the 150th birthday of the borough of North Wales, Pa., the New Hope Railroad is hosting a series of four excursions on May 18. The excursions will be pulled by Baldwin-built 1925 2-8-0 […]

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Virgin Trains USA raises $1.75 billion in bond sale NEWSWIRE

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MIAMI — Virgin Trains USA found strong demand for the bonds to finance it expansion, selling $1.75 billion in private activity bonds this week. Trade publication The Bond Buyer reported that the offering may have received up to $4 billion in orders for the bonds. It quoted Brian Wynne, head of public finance at Morgan […]

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AAR: Coal carloads plunge more than 25 percent last week NEWSWIRE

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Association of American Railroads WASHINGTON — The Association of American Railroads today reported U.S. rail traffic for the week ending March 30, as well as volumes for March 2019. U.S. railroads originated 957,144 carloads in March 2019, down 8.9 percent, or 93,616 carloads, from March 2018. U.S. railroads also originated 1,065,790 containers and trailers in […]

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