1/12/2017
Rail News: CSX Transportation
Railroad News
Jan
12
Jan
12
1/12/2017
Rail News: CSX Transportation
Jan
12
Rail News Home Kansas City Southern 1/12/2017 Rail News: Kansas City Southern
Kansas City Southern, Watco Cos. LLC and WTC Industrial announced a joint venture investment to aid and expand the exportation of liquid fuels from the United States to Mexico.The project will include the construction of a unit-train liquid fuels terminal to be located in the WTC Industrial Park in San Luis Potosi, Mexico. Kansas City Southern de Mexico S.A. de C.V. (KCSM) will be the only railroad to serve the new terminal, KCS officials said in a press release.The joint venture stems from energy reform legislation Mexico passed in 2013 to open the nation's energy markets to foreign investment and the importation of refined energy products, including gasoline and diesel, KCS officials said.“Not only will the terminal provide Mexico with vitally needed refined energy products, it will also serve to boost job creation in both the U.S. and Mexico," said KCS President and Chief Executive Officer Patrick Ottensmeyer. "This project perfectly aligns the goals of Mexican energy reform with the desire of U.S. refining companies to expand their operations and enter new markets.”The joint venture partners will invest $45 million in this phase of the project, which is expected to be completed in the second quarter. The project also is anticipated to eventually include a storage facility to provide retail fuels to Central Mexico.“KCS looks forward to serving this major fluids distribution terminal in San Luis Potosi,” said Ottensmeyer. “It provides us with excellent cross-border line haul opportunities as well as moving product within Mexico on KCSM."Construction on the new rail terminal at the WTC Industrial park is "well underway and on schedule," said Allen Roach, Watco’s senior vice president of network strategy. "The location adjacent to the KCSM mainline ensures easy access to the terminal and quick cycle times of customer rail cars," he said. "The terminal is located in a Free Trade Zone, which provides an added economical advantage to rail shippers."The terminal will support 24-hour, seven-days-a-week operations for secured, fully automated unit-train and manifest shipments, Roach added. Contact Progressive Railroading editorial staff. More News from 1/12/2017
Kansas City Southern, Watco Cos. LLC and WTC Industrial announced a joint venture investment to aid and expand the exportation of liquid fuels from the United States to Mexico.The project will include the construction of a unit-train liquid fuels terminal to be located in the WTC Industrial Park in San Luis Potosi, Mexico. Kansas City Southern de Mexico S.A. de C.V. (KCSM) will be the only railroad to serve the new terminal, KCS officials said in a press release.The joint venture stems from energy reform legislation Mexico passed in 2013 to open the nation's energy markets to foreign investment and the importation of refined energy products, including gasoline and diesel, KCS officials said.“Not only will the terminal provide Mexico with vitally needed refined energy products, it will also serve to boost job creation in both the U.S. and Mexico," said KCS President and Chief Executive Officer Patrick Ottensmeyer. "This project perfectly aligns the goals of Mexican energy reform with the desire of U.S. refining companies to expand their operations and enter new markets.”The joint venture partners will invest $45 million in this phase of the project, which is expected to be completed in the second quarter. The project also is anticipated to eventually include a storage facility to provide retail fuels to Central Mexico.“KCS looks forward to serving this major fluids distribution terminal in San Luis Potosi,” said Ottensmeyer. “It provides us with excellent cross-border line haul opportunities as well as moving product within Mexico on KCSM."Construction on the new rail terminal at the WTC Industrial park is "well underway and on schedule," said Allen Roach, Watco’s senior vice president of network strategy. "The location adjacent to the KCSM mainline ensures easy access to the terminal and quick cycle times of customer rail cars," he said. "The terminal is located in a Free Trade Zone, which provides an added economical advantage to rail shippers."The terminal will support 24-hour, seven-days-a-week operations for secured, fully automated unit-train and manifest shipments, Roach added. Contact Progressive Railroading editorial staff. More News from 1/12/2017
Jan
12
1/12/2017
Rail News: Kansas City Southern
Jan
12
1/12/2017
Rail News: Kansas City Southern
Jan
11
Kansas City Southern (KCS), Watco Companies, LLC (Watco) and WTC Industrial (WTC) have announced a joint venture investment through which they will facilitate and expand U.S. exports of liquid fuels to Mexico.
Jan
11
The U.S. Department of Transportation (USDOT) has announced the formation of an advisory committee focused on automation across several modes.
Jan
11
1/11/2017
Rail News: Supplier Spotlight
Jan
11
Jan
11
Caltrain has announced that its board of directors last week approved the agency’s plans to develop a mobile ticketing application.
Jan
11
Jan
11
For Immediate Release
AAR Reports Weekly Rail Traffic for the Week Ending January 7, 2017
WASHINGTON, D.C. – January 11, 2017 – The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 7, 2017.
Jan
11
1/11/2017
Rail News: People
Jan
11
Jan
11
1/11/2017
Rail News: Federal Legislation & Regulation
Jan
11
1/11/2017
Rail News: Passenger Rail
Jan
11
Rail Insider-Progressive Railroading's 16 most-read news stories of 2016. Information For Rail Career Professionals From Progressive Railroading Magazine
Jan
10
The metropolitan planning organization for the Dallas-Fort Worth region, the North Central Texas Council of Governments (NCTCOG), has chosen the Lockwood, Andrews & Newnam (LAN) consulting firm to carry out a high-speed rail station area planning study for downtown Dallas.
Jan
10
1/10/2017
Rail News: Passenger Rail
Jan
10