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Do railroad mergers live up to the hype? It’s a question that’s been rattling around in my head as federal regulators review the Canadian Pacific-Kansas City Southern merger, the first between Class I railroads in two decades. First, the projections. Within three years of the merger, Canadian Pacific Kansas City expects to gain 80,000 carloads […]
MAYFIELD, Ky. — With all employees safe and accounted for, Progress Rail resumed operations at its Mayfield, Ky., plant earlier this week, according to a company spokeswoman. Mayfield was one of the Western Kentucky communities heavily damaged during last week’s series of tornadoes that struck a six-state area. Eight people were killed at a candle […]
EL RENO, Okla. — Jaguar Transport Holdings has entered into an agreement with Haskell Lemon Construction to operate the Oklahoma Central Rail Park in El Reno, Okla. The 200-acre facility just west of Oklahoma City will be fully operational on Jan. 1, 2022. Less than 2 miles from I-40, the Rail Park connects with the Union Pacific Railroad and […]
LOS ANGELES — Darren Kettle, currently executive director of the Ventura County Transportation Commission, has been named as new CEO of LA-area commuter rail operator Metrolink. Kettle succeeds Stephanie Wiggins, who in June became CEO of L.A. Metro, which oversees bus and light rail operations in the LA area and is one of the five […]
KENNETT SQUARE, Pa. — Shortline holding company Regional Rail will expand its operations through acquisition of three Florida short lines currently owned by Pinsly Railroad Co. Regional Rail announced this morning (Oct. 29, 2019) that it had reached agreement to acquire the Florida Central, Florida Midland, and Florida Northern railroads, which operate a combined 208 […]
WASHINGTON — The Federal Railroad Administration will not implement a rule requiring a certain number of people in the cab of freight trains, the agency announced this week. On Thursday, the FRA withdrew a notice of proposed rulemaking that dated back to 2016, when the federal agency was considering requiring at least two people aboard […]
