R. J. Corman Railroad Company, LLC Announces Agreement to Purchase 19th Railroad

R. J. Corman Railroad Company, LLC announces that it has entered into a definitive agreement to purchase a 43-mile railroad branch and lease a 20-mile branch from Norfolk Southern Corporation, adding its 19th railroad to its operational portfolio. The closing is subject to customary regulatory approvals.

The newly created Raleigh and Fayetteville Railroad, LLC (RFCC) will operate between Raleigh, NC and Fayetteville, NC, serving customers in Wake, Harnett, and Cumberland counties. The commodities range from chemicals, metals, and construction materials to forest, consumer, and agricultural products. The wholly owned subsidiary of R. J. Corman Railroad Company, LLC will interchange with Norfolk Southern in Raleigh and both CSX Transportation (CSXT) and the Aberdeen and Rockfish Railroad (AR) in Fayetteville. R. J. Corman Railroad Company, LLC is expected to take over operations in December 2022.

-via Press Release

CSX Unveils Its First Hydrogen-Powered Locomotive in Collaboration with CPKC

CSX has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation. This pioneering achievement is the result of a successful partnership between CSX and Canadian Pacific Kansas City (CPKC) and demonstrates the company’s commitment to innovation and environmental stewardship.

SEPTA Releases Proposed Fiscal Year 2025 Operating & Capital Budgets: Safe, Clean & Secure

SEPTA is proposing a total budget of $2.6 billion for Fiscal Year 2025 – a $1.74 billion Operating Budget and $922.8 million Capital Budget. For the first time, the Authority’s Operating and Capital Budget Proposals are being presented as an integrated document on a modern web platform, which is ADA compliant to ensure that people with visual or hearing impairments can navigate SEPTA’s budget data.