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MONTREAL — Watco will buy 650 miles of branch lines in Wisconsin and Michigan from Canadian National, along with 250 miles of the company’s Soo Subdivision in Ontario, the companies announced today. In Ontario, where it acquires the line between Sault Ste. Marie and Oba, Ont., Watco will provide freight operations and continue the […]
WASHINGTON — It’s back to the drawing board for Rio Grande Pacific’s plans to lease and revive Union Pacific’s long-dormant route over Tennessee Pass in Colorado. The Surface Transportation Board on Thursday rejected the exemption that Rio Grande Pacific sought for the transaction. Under board rules, small deals such as a lease or sale of […]
MBTA Orange Line work after derailment extended to April 11 The Massachusetts Bay Transportation Authority has extended its shutdown of a portion of the Orange Line by one week, through April 11. NBC-10 Boston reports the use of shuttle buses between the Oak Grove and Sullivan Square stations will continue as the agency continues infrastructure […]
WASHINGTON — CSX Transportation’s proposed acquisition of New England regional Pan Am Railways will get a more thorough review. The Surface Transportation Board has decided that the merger application will be treated as a significant transaction, not the minor deal that CSX and Pan Am had sought. The move, announced in a draft notice in the […]
Tank car of molasses explodes in Minnesota, damaging building An explosion of a tank car full of molasses on Tuesday morning in Cannon Falls, Minn., spewed the sticky substance as far as a mile and a half from the site of the incident. RiverTowns.net reports the Cannon Falls Fire Department received a call about an […]
WASHINGTON — The Massachusetts congressional delegation has asked the Surface Transportation Board to consider CSX Transportation’s acquisition of New England regional Pan Am Railways as a significant transaction, which would put the deal under a more stringent regulatory review process. “While the STB’s procedures for a significant transaction provide additional time for interested parties to […]
WASHINGTON — CSX Transportation has defended its proposed acquisition of New England regional Pan Am Railways. Vermont Rail System, along with transportation officials from Vermont and Massachusetts, claim the deal would harm rail competition in the region and should face a more thorough review from the Surface Transportation Board. Massachusetts officials and lawmakers also expressed […]
WASHINGTON — The Massachusetts Department of Transportation and Massachusetts Bay Transportation Authority have told federal regulators that they oppose CSX Transportation’s proposed acquisition of New England regional Pan Am Railways. In a filing with the Surface Transportation Board this week, state officials claim the transaction will harm rail competition, potentially hinder commuter rail operations, and […]
SACRAMENTO, Calif. — The effort to develop alternative-fuel locomotives continues to gain momentum. The California Energy Commission has awarded Sierra Northern Railway and research and development firm GTI almost $4 million to fund design, development, and demonstration of a hydrogen fuel cell-powered switching locomotive. The funds will retire a Tier 0 diesel and replace it […]
WASHINGTON — Vermont Rail System has urged federal regulators to reject CSX Transportation’s proposed acquisition of neighboring New England regional Pan Am Railways, saying the deal would reduce competition. Much of VRS’s opposition, disclosed in regulatory filing on Tuesday, flows from a separate element of the Pan Am deal: The naming of a Genesee & […]
WASHINGTON — In an unusual move, the company seeking to lease Colorado’s Tennessee Pass line from Union Pacific is asking that shipment of hazardous materials be prohibited from the line. In a filing Monday with the Surface Transportation Board, Colorado, Midland & Pacific Railway — the affiliate of holding company Rio Grande Pacific which has […]
Financier, ag firm exit consortium for Churchill, Manitoba, railway and port Two major corporations have given away their stake in the railway and port serving remote Churchill, Manitoba, but the local group overseeing both say their region will be better served by having full control. The Winnipeg Free Press reports Toronto financing firm Fairfax and […]
