U.S. DOT expands loan program for short lines, regionals NEWSWIRE

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WASHINGTON — The U.S. Department of Transportation is expanding a loan program to benefit short line and regional railroads. On Dec. 12, U.S. Transportation Secretary Elaine L. Chao announced the Railroad Rehabilitation and Investment Financing Express program (RRIF Express) was accepting loan applications for projects that will specifically modernize the freight rail network in rural […]

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Last two NS F-units sold to North Carolina short line NEWSWIRE

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Norfolk Southern 4271 leads the three other F-units at Knoxville, Tenn., in November 2011 as Southern Railway 2-8-0 stands by. Trains: Jim Wrinn ALTOONA, Pa. — The last two of Norfolk Southern’s four executive F-units now have a home. F9A No. 271 and F7B No. 276 have been purchased by North Carolina’s Aberdeen Carolina & […]

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Despite legal trouble, Iowa Pacific railroads continue to operate NEWSWIRE

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CHICAGO — While attorneys are sorting through its legal and financial troubles in U.S. District Court, operations at Iowa Pacific Holding’s three railroads are continuing as normal. Earlier this fall, nearly two dozen entities associated with Iowa Pacific Holdings were placed into receivership [See: “Additional Iowa Pacific railroads placed into receivership,” Trains News Wire, Oct. […]

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Short line executive Steve Gedney passes away NEWSWIRE

LANCASTER, S.C. — Long-time railroad executive Steve Gedney died Friday, the American Short Line & Regional Railroad Association said in a statement. Gedney began his transportation career with the Virginia Department of Transportation. While working with VDOT he was involved in long-range transportation planning, transportation systems management and the coordination of air, highway, port and […]

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Iowa Interstate bolsters locomotive fleet NEWSWIRE

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ES44AC No. 510 leads train SIPE east at Bureau, Ill., in February 2014. The railroad’s three new locomotives will have the same appearance. Jeremy J. Schrader FORT WORTH, Texas – The first of three new Iowa Interstate Wabtec Corp. ES44AC (T4C) locomotives was spotted outside of Wabtec’s Ft. Worth plant recently. No. 517 was released […]

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