Union Pacific Railroad signed a historic deal with Wabtec Corp. this week for 600 locomotive modernizations featuring a suite of digital solutions and innovations. The agreement, worth more than $1 billion, is the largest investment in modernized locomotives in rail industry history, and part of …
read more →
This story last updated June 24, 2022 The Texas Central Railway, seemingly on life support after its president resigned suddenly, may be back on track. The Texas Supreme Court ruled today (June 24) that the company may acquire land via eminent domain to build its …
read more →
WASHINGTON – A specially-painted Amtrak P42 diesel locomotive, emblazoned on both sides with the message, “See Tracks? Think Train!” was released into service Jan. 12 during a special ceremony at Washington Union Station. The black-and-yellow locomotive commemorates the 50th anniversary of Operation Lifesaver, a non-profit …
read more →
As expected, Canadian Pacific Railway and Kansas City Southern last week re-entered into a merger agreement under which CP will acquire KCS in a stock and cash transaction representing approximately $31 billion USD. The agreement follows a Surface Transportation Board ruling earlier this month that …
read more →
The proposed Canadian Pacific-Kansas City Southern merger is regaining momentum. Talks are back on after a Surface Transportation Board decision stalled Canadian National Railway’s attempts to take over KCS, and CP issued a new proposal to merge with the nation’s smallest Class I railroad. The …
read more →
Siemens Mobility has been awarded $34 billion in contracts in the United States to design, manufacture and technically support 73 multi-powered trains for Amtrak, the company said this week. There is also a possibility for up to 140 additional trains and further maintenance agreements. The …
read more →
