Railroad News

The regional and short line railroad investment tax credit (known as 45-G for its provision in the Internal Revenue Code) is poised to be signed into law by President Trump following its unexpected insertion into the massive two-year Bipartisan Budget Act of 2018 passed in the predawn hours Friday, Feb. 9, by the House and Senate.

Construction on a new 41-mile light-rail network in Montreal will begin in April, CDPQ Infra Inc. announced yesterday.

Initial testing on the system will start at the end of 2020, with passenger service slated to begin in summer 2021.

Genesee & Wyoming Inc. reported fourth-quarter 2017 operating revenue rose 10.7 percent to $571.6 million compared with the same quarter in 2016.

Operating income increased 101.9 percent to $108.2 million, while adjusted operating income climbed 2.2 percent to $105.7 million.

The Toronto Transit Commission (TTC) this weekend will partially close its Line 1 subway route as Metrolinx crews continue to build the Eglinton Crosstown light-rail project.

Service will be halted Feb. 10-11 between the Lawrence and St. Clair stations. Current work on the Eglinton Crosstown project includes construction below the existing TTC station at Eglinton, a shift of TTC's platform to the north and installation of a new tunnel ventilation system at the south and north ends of the subway platform.

Caltrain on Feb. 10 will launch Caltrain Mobile, a ticketing app that enables riders to purchase and activate tickets from smartphones.

Caltrain Mobile will offer one-way and day pass tickets, as well as zone-upgrade tickets for adults and passengers who qualify for discounted fares.

The Chicago Infrastructure Trust (CIT) has received four responses to its Request for Qualifications (RFQ) for design-build work and maintenance for the O'Hare Express operating system.

The Chicago Infrastructure Trust (CIT) has received four responses to its Request for Qualifications (RFQ) for design-build work and maintenance for the O'Hare Express operating system.

BNSF Railway plans to spend $160 million in Washington state during 2018. The state capital plan is part of its larger $3.3 billion 2018 capital plan.

BNSF Railway plans to spend $160 million in Washington state during 2018. The state capital plan is part of its larger $3.3 billion 2018 capital plan.

BNSF Logistics LLC has promoted Dan Curtis to president, the company announced Tuesday.

Curtis has served as BNSF Logistics' chief operating officer since 2014. He has more than 15 years of experience in the transportation and logistics business.

CDPQ Infra said two consortia, Groupe NouvLR and Groupe des Partenaires pour la Mobilité des Montréalais (PMM), won contracts for the Réseau express métropolitain (REM) project, which will begin construction in April.

CDPQ Infra noted that the awarding of the contracts and setting of the construction start date marks the official launch of the REM project, which it says will build the "largest public transportation network in Greater Montréal in 50 years."

CDPQ Infra said two consortia, Groupe NouvLR and Groupe des Partenaires pour la Mobilité des Montréalais (PMM), won contracts for the Réseau express métropolitain (REM) project, which will begin construction in April.

CDPQ Infra noted that the awarding of the contracts and setting of the construction start date marks the official launch of the REM project, which it says will build the "largest public transportation network in Greater Montréal in 50 years."

A study conducted by AECOM on behalf of the New York City Department of Transportation (NYC DOT) finds it feasible that passenger rail service could return to the Lower Montauk Branch rail corridor.

Population along the branch, which is owned by Long Island Rail Road, has grown, but new development has lagged. The study's executive summary explains "it is important to consider infrastructure changes that would be needed to support growth if and when that time comes."

A study conducted by AECOM on behalf of the New York City Department of Transportation (NYC DOT) finds it feasible that passenger rail service could return to the Lower Montauk Branch rail corridor.

Population along the branch, which is owned by Long Island Rail Road, has grown, but new development has lagged. The study's executive summary explains "it is important to consider infrastructure changes that would be needed to support growth if and when that time comes."

As concerns about the implementation of positive train control (PTC) continue to make headlines, Union Pacific (UP) says it expects to meet all required deadlines for installing PTC on its network.

As concerns about the implementation of positive train control (PTC) continue to make headlines, Union Pacific (UP) says it expects to meet all required deadlines for installing PTC on its network.

Infrastructure Ontario (IO) has prequalified five teams to build and finance GO Transit's Lakeshore East-Central Corridor expansion project.

Teams were chosen based on their construction capability, experience, qualified personnel and financial capacity to deliver a project of this size and scope, IO officials said in a press release.

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Rail finance and leasing execs think 2018 will be better than 2017 was, economy wise and business wise.

BNSF Railway Co. will spend $160 million to upgrade its infrastructure in Washington state, the Class I announced yesterday.

The railroad's Washington capital expenditures plan this year will focus on maintenance projects. The plan's largest component will involve replacing and upgrading rail, ties and ballast, BNSF officials said in a press release.