Railpace Hot News
Keep up to date on the latest railroad news from the northeastern United States and Canada, edited by Carl Perelman.
September 21, 2021
U.S. Department of Transportation Announces $5 Million in Awards under the New Regional Infrastructure Accelerators (RIA) Demonstration Program
The U.S Department of Transportation (USDOT) announced that the Biden-Harris Administration has selected five recipients to receive a total of $5 million under the new Regional Infrastructure Accelerators (RIA) program.
September 20, 2021
The Metropolitan Transportation Authority (MTA) announced that Siu Ling Ko has assumed the role of Vice President and Chief Mechanical Officer of Subway Car Equipment, the division of New York City Transit responsible for maintaining and overhauling the agency’s fleet of subway cars and track maintenance vehicles.
September 17, 2021
MTA Metro-North Railroad today announced that service frequencies will increase on the Hudson Line beginning on Monday Sept. 20, with weekday service returning to 82% of pre-pandemic levels and weekend service to 100% of pre-pandemic levels. The Hudson Line sustained significant damage after record rainfall from remnants of Hurricane Ida hit the area beginning on Sept. 1, continuing into the early morning hours of Sept. 2.
September 16, 2021
Starting October 18, Metrolinx is introducing a GO train service pilot to London by extending service beyond the Kitchener GO line. Trips will run each weekday between Toronto’s Union Station and London, extending GO’s Kitchener line to new stops in St. Marys, Stratford, and London.
September 16, 2021
Amtrak Reaches Financial Close With Plenary Americas On William H. Gray III 30th Street Station Redevelopment Project
Amtrak and Plenary Infrastructure Philadelphia (PIP) have reached financial close on a lease and development agreement for the restoration and renovation of the William H. Gray III 30th Street Station. Under the agreement, PIP will refurbish and improve the historic building, finance those improvements and maintain the station for a 50-year term.
September 16, 2021
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending September 11, 2021. For this week, total U.S. weekly rail traffic was 468,610 carloads and intermodal units, down 1.3 percent compared with the same week last year.
September 15, 2021
Kansas City Southern Terminates Canadian National Railway Merger Agreement and Is Entering Into Merger Agreement with Canadian Pacific Railway
Kansas City Southern (“KCS”) today announced that the Company’s Board of Directors, in consultation with its financial and legal advisors, has unanimously determined that the acquisition proposal KCS received from Canadian Pacific Railway Limited (“CP”) on September 12, 2021 continues to constitute a “Company Superior Proposal” under KCS’s pending merger agreement with Canadian National Railway Company (“CN”)
September 14, 2021
Wabtec Signs Memoranda of Understanding with Carnegie Mellon University and Genesee & Wyoming to Decarbonize Freight Rail and Improve Freight Rail Safety
Wabtec announced that it has signed a memorandum of understanding (MOU) with Carnegie Mellon University, a top university in engineering, artificial intelligence, battery technology, autonomy and robotics, which formalizes their joint aim to create technologies that will decarbonize freight rail transport, improve freight safety, and generate greater rail network utilization.
September 13, 2021
Kansas City Southern Receives Revised Proposal from Canadian Pacific That Board of Directors Determines is a “Company Superior Proposal”
Kansas City Southern announced that the KCS Board of Directors determined that CP’s revised proposal constitutes a “Company Superior Proposal” as defined in KCS’s merger agreement with Canadian National Railway Company (“CN”).
September 10, 2021
Maersk and Canadian Pacific (CP) opened the new 117,000 square foot, 103 door Pacific Transload Express facility, located in Vancouver, British Columbia.