Norfolk Southern repelled an investor attempt to unseat its 13-member board and gain control in May but gave up three seats in the railroad’s annual shareholder vote. An Ancora Holdings-led investor group reportedly took a $1 billion stake in NS and nominated seven directors to …
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From press releasesLAS VEGAS – Brightline West officially broke ground Monday on the first true high-speed rail system in the U.S. connecting Las Vegas and Southern California. The 218-mile system will be constructed in the middle of I-15 and is based on Brightline’s vision to …
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Chicago’s Commuter Rail Division of the Regional Transportation Authority last week approved a contract to buy zero-emission, battery-powered train sets. Metra will be among the first in the nation to operate this innovative technology. Metra’s Board of Directors approved the contract with Salt Lake City-based …
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UPDATED Jan. 11, 2024 – December brought needed relief to the U.S. railroad industry with the reopening of two key international border crossings and a surge in combined rail traffic to fuel a fourth-quarter rally. U.S. Customs and Border Protection (CBP) announced just before Christmas …
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By TIM BLACKWELL/Cowcatcher Magazine The Surface Transportation Board has begun weighing comments from shippers and railroads regarding a proposed rule that would give rail customers access to reciprocal switching as a remedy for poor service. STB unanimously voted in September on The Notice of Proposed …
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Stadler presented its first hydrogen passenger train that will deliver to the San Bernardino County Transit Authority for the first time in the U.S. at APTA EXPO in Orlando earlier this month. The Swiss railcar maker followed by announcing an agreement for four hydrogen-powered trains, …
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