Grupo Mexico to acquire FEC

FXEastCoast

JACKSONVILLE, Fla. – GMéxico Transportes S.A. de C.V., the transportation business unit of Grupo México, and the Florida East Coast Railway Holdings Corp. have entered into a purchase agreement to acquire FEC in an all-cash transaction for an undisclosed value. FEC President and CEO Jim Hertwig says, “The FEC team looks forward to working with […]

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Albany & Eastern Railroad releases 2017 excursion schedule NEWSWIRE

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An Albany & Eastern excursion operated east from Lebanon on March 17. Here it returns westbound in late morning. Brian Schmidt ALBANY, Ore. — The Albany & Eastern Railroad in Oregon has published its 2017 schedule for its Santiam excursion trains. This year, several holiday themed excursions trains will take passengers along the 17-mile Sweet […]

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Judge clears way for Pacific Imperial asset sale NEWSWIRE

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LOS ANGELES — The sale of bankrupt Pacific Imperial Railroad assets with a potential intermodal connection to Mexico is moving forward as court proceedings continue in California. On March 10 a U.S. Bankruptcy Court judge approved the sale of track leases and development rights on the Pacific Imperial’s Desert Line to International Transportation Association LLC. […]

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Polar Express license holder sues Iowa Pacific NEWSWIRE

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DURANGO, Colo. — Rail Events Inc., the company which licenses Polar Express events, is suing Iowa Pacific Holdings for unpaid royalties. Attorneys for Rail Events allege in court filings in Colorado that Iowa Pacific has failed to pay royalties on events hosted on several of the railroads that it operates as subsidiaries, including the Texas […]

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Lake State Railway repaints Geep for anniversary NEWSWIRE

LakeState

Saginaw, Mich.,-based Lake State Railways repainted a GP40-3 in special colors to celebrate its 25th anniversary year in 2017. Kevin Burkholder SAGINAW, Mich. — Lake State Railway is celebrating its 25th Anniversary in 2017 and to commemorate the occasion, a GP40-3 has been released from rebuilding and painting in a special 25th Anniversary scheme with […]

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BNSF takes back track from a short line NEWSWIRE

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BNSF Railway locomotives that were wrecked in a crash in 2015 when as South Western Railroad crew accidentally left a switch open to the mainline, according to documents previously obtained by Trains News Wire. BNSF has reclaimed portions of the railroad after safety errors by the short line. William P. Diven CLOVIS, N.M. — BNSF […]

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