One of the nation’s longest-running transit agencies is navigating choppy waters while simultaneously establishing new leadership. The Dallas Area Rapid Transit Board of Directors terminated president and CEO Nadine S. Lee about two weeks after she announced in March that she would not pursue an …
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Canadian railroads that have long histories of operating in the U.S. became the first two Class 1s to unveil commemorative locomotives honoring America’s 250th anniversary. And it didn’t take long to put them to work. Canadian Pacific Kansas City and Canadian National rolled out newly …
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From staff and news reports Praesidian Capital, a private equity firm focused on investing in lower middle market companies across multiple industries, announced this week that its portfolio company Round 2 Holdings acquired Lionel LLC, one of the most recognized brands in the global hobby …
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From press releases and news reports Reflecting the strength of the company’s business and its ability to execute in dynamic markets, Wabtec Corp. delivered a strong fourth quarter and full 2025 year results, president and CEO Rafael Santana said after earnings were announced earlier this …
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By TIM BLACKWELL/Cowcatcher Magazine WEST SPRINGFIELD, MA — Mike Wolf had a fascination with O-gauge tinplate trains in elementary school, spending hours in his bedroom examining them inside and out. As his passion and a flaming entrepreneurial spirit developed as he grew older, he picked …
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The Surface Transportation Board (STB) unanimously rejected last week the major merger application filed by Union Pacific and Norfolk Southern in December for a combined transcontinental railroad, saying the bid is incomplete because it does not contain certain information required by regulations. STB rejected …
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