Wells Fargo to sell rail leasing business

Black GATX railroad tank car

SAN FRANCISCO — Wells Fargo will sell its rail leasing equipment business to a newly formed joint venture of GATX Corp. and Brookfield Infrastructure, the financial company announced Thursday (May 29, 2025). The joint venture will purchase approximately 105,000 railcars for $4.4 billion; Brookfield will separately acquire the Wells Fargo rail finance portfolio of approximately […]

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How to build a freight train

Train passes a grass-lined pond

The first step in building a freight train is understanding what railroaders mean by “compliance.” A freight train is said to be “in compliance” when it’s assembled properly and is operating according to the railroad’s rules. In practice, crews need to devote as much attention to the big picture of compliance as they do to […]

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Amtrak, Metrolink service through San Clemente to resume June 7

Short passenger train on straight track across open wetlands

SAN CLEMENTE, Calif. — Amtrak and Metrolink service through San Clemente will resume on Saturday, June 7, the Orange County Transportation Authority announced today (Thursday, May 29). The Surf Line route through San Clemente — an area where landslides have frequently disrupted train traffic in recent years — has been closed since April 28 to […]

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Start of Amtrak’s Mardi Gras Service sees further delay

MOBILE, Ala. — The launch of Amtrak’s Mardi Gras Service between Mobile and New Orleans has been pushed back further, likely to the end of July or beginning of August. WALA-TV reports that Southern Rail Commission chairman Knox Ross told the station that “construction issues” are responsible for the latest delays. “We know the train’s […]

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Supreme Court rules in favor of Uinta Basin Railway backers (updated)

WASHINGTON – The Surface Transportation Board’s environmental review of the proposed Uinta Basin Railway was proper, the U.S. Supreme Court said today in an 8-0 decision that overturns a lower court’s order that blocked construction of the 88-mile Utah railroad. The STB in December 2021 approved the project, noting that the transportation merits of the […]

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BNSF prepares for container surge

Intermodal train passing small station

While U.S. logistics providers wait out the post-trade war lull in import shipments, BNSF Railway is setting up its network to handle an expected surge following a pause in tariffs between China and the United States. “I guess probably the most overused words in logistics is this ‘air pocket’ that hit us the last couple […]

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Texas grade-crossing separation program becomes law

AUSTIN, Texas — Texas Gov. Greg Abbot has signed into a law a bill creating funding to improve safety at railroad grade crossings, legislation sparked by the death of a Houston high school student late last year. Senate Bill 1555 passed the house by a 101-16 vote earlier this month, after passing the Senate by […]

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Illinois lawmakers’ last-minute bill would restructure Chicago-area transit, but not address funding crisis

Commuter train with Chicago skyline in background

SPRINGFIELD, Ill. — Illinois lawmakers have introduced a bill to restructure Chicago area transit agencies — but the bill does not address the $770 million shortfall that could lead to significant cuts in service. Streetsblog Chicago reports that on Wednesday, an existing bill regarding rules for bicyclists at stop signs, has, through amendment, been replaced […]

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