Railfanning.org News Wire

FreightCar America, Inc. has closed a new Asset-Based Lending credit facility with Bank of America.

As California’s high speed rail project lays its first tracks after spending billions of dollars since 2006, Washington officials are already looking at lessons to be learned on how to avoid a similar outcome as they work on their own multi-state, multi-national bullet train.

Union Pacific Railroad celebrated Presidents Day by unveiling its newest commemorative locomotive honoring President Abraham Lincoln, who created the railroad and connected the nation through the transcontinental railroad.