Gateway International Rail Park recently announced the formation of the Laredo Gateway Industrial Railway in Laredo, Texas, a logistics platform officials contend is designed to strengthen cross-border freight capacity in the Laredo market.
A noncarrier has filed a verified notice of exemption to acquire a roughly 11-mile rail line in Conshohocken, Pennsylvania, from Cleveland-Cliffs Railways Inc., which does business as the Upper Merion & Plymouth Railroad.
The Surface Transportation Board has raised the bar for what counts as a Class I railroad, and railroads need almost $1.1 billion in annual revenue to make the cut.
The Surface Transportation Board has accepted the merger application by Union Pacific Corp. and Norfolk Southern Corp., and the railroads said it was an important step toward a reinvigorated, more competitive U.S. railroad industry.
The Surface Transportation Board announced a series of data modernization steps aimed at improving rail service reporting, expanding public access to agency data and eliminating reporting requirements it no longer considers necessary.
CN said it continues to review Union Pacific and Norfolk Southern’s amended merger application submitted to the Surface Transportation Board and will remain actively engaged in this process.
Union Pacific and Norfolk Southern are back at the Surface Transportation Board with an amended merger application, again pitching their tie-up as the deal that will create America’s first “transcontinental” railroad — and insisting the revised filing is even more airtight than the first.
A short but strategically placed rail line in the Tidewater is headed for the chopping block, with the U.S. Navy’s push to buy part of the corridor helping trigger a federal bid to abandon the track and end service.
The Surface Transportation Board has denied a request to remove the 40-mile Fort Bragg-Willits rail corridor from the national rail network, preserving the line for continued freight and passenger use.