Miscellaneous

Wells Fargo Agrees to Sell Rail Equipment Assets

Wells Fargo & Company has entered into a definitive agreement to sell the assets of the company’s rail equipment leasing business to a newly formed joint venture between GATX Corporation and Brookfield Infrastructure.

FRA

AAR: Eliminate Federal Two-Man Crew Mandate

The Association of American Railroads wants the U.S. Department of Transportation to repeal a 2024 crew staffing rule requiring each train to be operated by a minimum of two crew members.