Floods disrupt freight service on South Dakota line NEWSWIRE

PIERRE, S.D. – It could be early June before freight service is fully restored on the Rapid City, Pierre & Eastern Railroad east of Pierre, S.D. Heavy rains last week led to multiple washouts, including two severe washouts, on the Genesee & Wyoming-owned property in central South Dakota. G&W spokesman Michael Williams tells News Wire […]

Read More…

Brookfield Asset Management, Blackstone Group show interest in Genesee & Wyoming NEWSWIRE

GW

DARIEN, Conn. – Investment firms Brookfield Asset Management Inc. and Blackstone Group LP have shown interest in acquiring shortline railroad operator Genesee & Wyoming. The inquiries are made through affiliate companies Stonepeak Infrastructure Partners and EQT Partners, according to Bloomberg. In March, Trains News Wire reported of G&W’s desire for an investment parter, or outright […]

Read More…

Cimarron Valley acquires secondhand GE locomotives NEWSWIRE

CVR4053

Cimarron Valley C40-8 No. 4053 sits outside Metro East Industries’ paint booth in East St. Louis, Ill. The locomotive was built as CSX No. 7616 in 1990. Mark Mautner SATANTA, Kan. – Cimarron Valley Railroad has been awarded a grant by Kansas Department of Transportation to assist in replacing the train line’s 13 aging locomotives […]

Read More…

Pioneer RailCorp agrees to merger with Brookhaven NEWSWIRE

Pioneer RailCorp owns the Keokuk Junction Railway, which operates FP9 locomotives in an A-B-A arrangement.

A Keokuk Junction Railway’s FP9 locomotive leads a train in Illinois. Keokuk’s parent company is being merged with Brookhaven Rail Partners. Steve Smedley PEORIA, Ill. — Pioneer RailCorp, which operates a number of shortline railroads, announced in a news release Friday that the company has entered into a merger agreement with Brookhaven Rail Partners to […]

Read More…

Paper mill closure may affect short line NEWSWIRE

LUKE, Md. — The shutdown of the Verso Corp. paper mill here may affect the industrial switching activities of the Georges Creek Railway, according to the railroad’s Gerald Altizer. The mill, which occupies 228 acres and has been in operation for 131 years, is scheduled to close on June 30. It employs 675 people from […]

Read More…

Construction set to start on $32 million Chicago-area Argo Connections project NEWSWIRE

CREATE ground breaking project Chicago

At a ceremonial groundbreaking for the Argo Connections project are (from left) Ian Jeffries, president and CEO of the Association of American Railroads; Acting Illinois Department of Transportation Secretary Omer Osman; U.S. Rep. Dan Lipinski, D-Ill.; Cook County Board President Toni Preckwinkle; and CSX Transportation General Manager – Midwest William Blanchetti. Richard Wronski CHICAGO — […]

Read More…