Surface Transportation Board proposes a third method for calculating railroads’ capital costs NEWSWIRE

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WASHINGTON — The Surface Transportation Board on Tuesday announced a notice of proposed rulemaking to enhance its methodology for determining the railroad industry’s cost of capital by incorporating an additional model, called “Step MSDCF,” into the calculation. Each year, the Board determines the railroad industry’s cost of capital. This figure, which the Board calculates as […]

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Metra marks groundbreaking for new Chicago station NEWSWIRE

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CHICAGO — A groundbreaking ceremony Monday marked the planned construction of a new, long-delayed station on Metra’s Rock Island District. The station near 79th Street and Lowe Avenue in the Auburn Park neighborhood was originally planned in 2009, but state funding was held up and eventually cut in 2017. That funding was restored earlier this […]

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SEPTA leases MARC cars to add capacity during highway project NEWSWIRE

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PHILADELPHIA — SEPTA, the Southeastern Pennsylvania Transportation Authority, has leased nearly a half-dozen railcars from Maryland Transit Authority’s MARC Train service to accommodate anticipated ridership increases on its regional rail network because of long-term construction projects on Interstate 95. According to a recent statement from SEPTA, the agency was to begin using five MARC railcars […]

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Track Machines Connected launches NEWSWIRE

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HAGENBERG, Austria — Track Machines Connected (TMC) launched its business today, taking over the former Plasser & Theurer Connected subsidiary of maintenance-equipment firm Plasser & Theurer. The new company will add additional services for collection and processing of rail infrastructure data to those offered by P&T Connected, which since its launch in 2017 had worked […]

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‘Winter Park Express’ tickets go on sale NEWSWIRE

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Tickets for the 2020 season of the Winter Park Express, shown at Denver Union Station, are now on sale. Service has expanded to include all Fridays during its January-through-March run. Justin Franz DENVER — Amtrak and Winter Park Resort will again operate weekend ski train round trips from Denver Union Station to a platform located […]

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