CHICAGO – Iowa Pacific Holdings appears to be holding a fire sale of equipment following a series of recent financial troubles. A batch of new listings on rail equipment brokerage site Ozark Mountain Railcar appeared over the weekend offering a minimum of 33 pieces of Iowa Pacific equipment for sale, including locomotives and rolling stock […]
BELLEVUE, Wash. — CloudMoyo is excited to announce the launch of a new education initiative with the American Short Line and Regional Railroad Association (ASLRRA), an industry association representing the 603 short line freight railroad companies in the United States and their suppliers. ASLRRA and CloudMoyo will develop ongoing educational and informative webinars, focused on using […]
CHICAGO — Anacostia Rail Holdings Company and Brown Brothers Harriman Capital Partners today announced the formation of Precision Terminal Logistics, a jointly owned entity that will operate, build, and acquire transloading terminals across the U.S. In conjunction with its formation, PTL has acquired select assets from Arrow Material Services, LLC, a provider of transloading and […]
An eastbound milk train from Ogdensburg, N.Y., passes the joint Rutland/Central Vermont station at Alburgh, Vt., in October 1951, behind green-and-yellow Alco RS3 No. 204. Jim Shaughnessy photo […]
The Escanaba & Lake Superior dieselized in the mid-1940s with Baldwin locomotives, including DS-4-4-660 No. 101, purchased new in November 1947. It was the second diesel on the property and one of two of the model. Classic Trains collection […]
The Brotherhood of Locomotive Engineers and Trainmen has transferred many of its short line and regional railroad members into a new National Division and raised the profile of small railroad members in the largest U.S. railroad union. The move follows the BLET’s decision at its 2018 Fourth National Convention to expand organizing activities on short […]
WASHINGTON – One week after obtaining the 60th supporter of the BRACE Act in the Senate, the American Short Line and Regional Railroad Association today announced a historic high of 272 supporters of the companion bill in the U.S. House of Representatives, H.R. 510, calling for permanence of the Short Line Tax Credit (45G). The […]
CLINTON, Ill. — Central Illinois will gain a new short line if the Surface Transportation Board OKs a filing dated Sept. 11, 2019, to lease a 10.7-mile section of the Illinois Central Railroad Charter Line. Motive Rail Inc., dba Illinois Terminal Belt, will serve two grain elevators, both Tate & Lyle Grain Inc. operations at […]
Passengers board a San Luis & Rio Grande train at Alamosa, Colo., in June 2015. Brian Schmidt CHICAGO – A U.S. District Court judge has ordered two railroads owned by Iowa Pacific Holdings to be placed into receivership. On Sept. 9, Big Shoulders Capital LLC, filed a motion in U.S. District Court in Northern Illinois […]
DENVER — OmniTRAX has completed its acquisition of the Winchester & Western Railroad, the company announced in a press release. The purchase of the 101-year-old short line, which operates approximately 100 route-miles in Virginia, West Virginia, Maryland, and New Jersey, was announced in July. [See “OmniTrax to acquire Winchester & Western,” Trains News Wire, July […]
Central Maine & Quebec train No. 2 heads east near Long Pond, Maine, in November 2017. Justin Franz LAC-MÉGANTIC, Quebec – The Canadian government has ordered the Central Maine & Quebec Railway to make repairs to its rail line between Farnham and Lac-Mégantic after an inspection revealed numerous track issues. CM&Q took over the rail […]
NICHOLASVILLE, Ky. — R.J. Corman Railroad Co. has finalized an agreement to lease a short line near Birmingham, Ala., which becomes the company’s 14th short line. The R.J. Corman Childersburg Line is a 13.32-mile railroad in Coosa Pines, Ala., being leased from the City of Childersburg Local Redevelopment, Norfolk Southern, and CSX Transportation. NS and […]
