Railroad News

The U.S. House of Representatives Appropriations Committee released the fiscal year 2018 Transportation, Housing and Urban Development funding bill July 10.

The U.S. House of Representatives Appropriations Committee released the fiscal year 2018 Transportation, Housing and Urban Development funding bill July 10.

Progressive Rail, Inc., and the North Carolina Department of Transportation's (NCDOT) Rail Division have partnered to preserve rail service along a portion of the Piedmont & Northern Railway corridor.

Progressive Rail, Inc., and the North Carolina Department of Transportation's (NCDOT) Rail Division have partnered to preserve rail service along a portion of the Piedmont & Northern Railway corridor.

Progressive Rail, Inc., and the North Carolina Department of Transportation's (NCDOT) Rail Division have partnered to preserve rail service along a portion of the Piedmont & Northern Railway corridor.

U.S. Sens. Charles Schumer (D-NY) and Cory Booker (D-NJ) renewed their call for the Gateway Program to advance with funding commitments.

U.S. Sens. Charles Schumer (D-NY) and Cory Booker (D-NJ) renewed their call for the Gateway Program to advance with funding commitments.

U.S. Sens. Charles Schumer (D-NY) and Cory Booker (D-NJ) renewed their call for the Gateway Program to advance with funding commitments.

RCE Equipment Solutions, Inc., previously known as Rail Construction Equipment, Co. (RCE), has implemented a new name, company website and updated its corporate identity.

RCE Equipment Solutions says that the new name "reflects the company's growth and diversification goals."

RCE Equipment Solutions, Inc., previously known as Rail Construction Equipment, Co. (RCE), has implemented a new name, company website and updated its corporate identity.

RCE Equipment Solutions says that the new name "reflects the company's growth and diversification goals."

RCE Equipment Solutions, Inc., previously known as Rail Construction Equipment, Co. (RCE), has implemented a new name, company website and updated its corporate identity.

RCE Equipment Solutions says that the new name "reflects the company's growth and diversification goals."

The White House on July 10 announced that President Donald Trump intends to nominate Ronald L. Batory, who recently retired as president and chief operating officer of Conrail, as the next Federal Railroad Administrator.

The White House on July 10 announced that President Donald Trump intends to nominate Ronald L. Batory, who recently retired as president and chief operating officer of Conrail, as the next Federal Railroad Administrator.

The White House on July 10 announced that President Donald Trump intends to nominate Ronald L. Batory, who recently retired as president and chief operating officer of Conrail, as the next Federal Railroad Administrator.

Rep. Trey Hollingsworth (R– IN-9) joined R. J. Corman Railroad Services and the Louisville & Indiana (L&I) Railroad on July 10 for a project tour and to discuss rail and manufacturing issues with various rail stakeholders.

The tour was led by Nathan Henderson, president, R. J. Corman Railroad Services, and John Goldman, president of L&I. R. J. Corman is performing contracting services for the railroad. From 2015 to 2017, 94 miles of continuous welded rail and more than 80,000 crossties were installed on L&I. The improvements are part of an agreement the shortline has with CSX that will see infrastructure upgrades along the 106-mile route between Louisville, Ky., and Indianapolis.

Rep. Trey Hollingsworth (R– IN-9) joined R. J. Corman Railroad Services and the Louisville & Indiana (L&I) Railroad on July 10 for a project tour and to discuss rail and manufacturing issues with various rail stakeholders.

The tour was led by Nathan Henderson, president, R. J. Corman Railroad Services, and John Goldman, president of L&I. R. J. Corman is performing contracting services for the railroad. From 2015 to 2017, 94 miles of continuous welded rail and more than 80,000 crossties were installed on L&I. The improvements are part of an agreement the shortline has with CSX that will see infrastructure upgrades along the 106-mile route between Louisville, Ky., and Indianapolis.

Rep. Trey Hollingsworth (R– IN-9) joined R. J. Corman Railroad Services and the Louisville & Indiana (L&I) Railroad on July 10 for a project tour and to discuss rail and manufacturing issues with various rail stakeholders.

The tour was led by Nathan Henderson, president, R. J. Corman Railroad Services, and John Goldman, president of L&I. R. J. Corman is performing contracting services for the railroad. From 2015 to 2017, 94 miles of continuous welded rail and more than 80,000 crossties were installed on L&I. The improvements are part of an agreement the shortline has with CSX that will see infrastructure upgrades along the 106-mile route between Louisville, Ky., and Indianapolis.

Grupo México, S.A.B. de C.V. has completed the acquisition of Florida East Coast Holdings Corp. (FEC) through its Transportation Business Unit Grupo México Transportes, S.A. de C.V. (GMXT).

As previously reported, the US$2-billion acquisition positions GMXT as a relevant player in the North American transport business, together with its current operations in Mexico and the state of Texas. The acquisition was funded with a $1.55-billion loan from BBVA and Credit Suisse, as well as a $250-million loan from Santander, with the remainder funded with GMXT's own resources and $97 million in debt at the FEC level.

Grupo México, S.A.B. de C.V. has completed the acquisition of Florida East Coast Holdings Corp. (FEC) through its Transportation Business Unit Grupo México Transportes, S.A. de C.V. (GMXT).

As previously reported, the US$2-billion acquisition positions GMXT as a relevant player in the North American transport business, together with its current operations in Mexico and the state of Texas. The acquisition was funded with a $1.55-billion loan from BBVA and Credit Suisse, as well as a $250-million loan from Santander, with the remainder funded with GMXT's own resources and $97 million in debt at the FEC level.

Grupo México, S.A.B. de C.V. has completed the acquisition of Florida East Coast Holdings Corp. (FEC) through its Transportation Business Unit Grupo México Transportes, S.A. de C.V. (GMXT).

As previously reported, the US$2-billion acquisition positions GMXT as a relevant player in the North American transport business, together with its current operations in Mexico and the state of Texas. The acquisition was funded with a $1.55-billion loan from BBVA and Credit Suisse, as well as a $250-million loan from Santander, with the remainder funded with GMXT's own resources and $97 million in debt at the FEC level.