The Association of American Railroads (AAR) wants the Surface Transportation Board (STB) to incorporate cost-benefit analysis into its rulemaking proceedings.
President Trump today unveiled his much-anticipated infrastructure initiative, a $1.5 trillion proposal that aims to speed the completion of projects and return decision-making authority to local governments.
Genesee & Wyoming Inc. (G&W) is acquiring the shares of Atlantic Western Transportation, Inc., parent company of Heart of Georgia Railroad, Inc. (HOG).
Canadian Pacific today said it will seek a declaratory order from the U.S. Surface Transportation Board (STB) to confirm the viability of the voting trust structure that CP has suggested as part of its proposed merger with Norfolk Southern Corp.
Canadian Pacific has submitted a letter to the U.S. Department of Justice, asking it to review recent actions and statements made by a number of major U.S. railroads, the railroad said.
Norfolk Southern on Sept. 18 said it had completed the acquisition of 282 miles of the Delaware & Hudson Railway Co.’s (D&H) line between Sunbury, Pa., and Schenectady, N.Y.
Too many regulations would have a major impact on the railroad industry’s ability to sustain private investment to build, maintain and upgrade the nation’s 140,000-mile rail network.