Short Line/Regional

Commuter and freight railroads have made uneven progress in implementing Positive Train Control (PTC), the Federal Railroad Administration said today.

Genesee & Wyoming subsidiary Genesee & Wyoming Australia (GWA) is buying Glencore Rail (GRail) for A$1.14 billion. It will also concurrently issue a 49 percent equity stake in GWA to funds managed by Macquarie Infrastructure and Real Assets (MIRA).

Genesee & Wyoming subsidiary Bay Line Railroad entered into an agreement with the Panama City Port Authority to operate a Choice Terminal bulk transload facility at the port’s Intermodal Distribution Center (IDC).