Rail News Home Federal Legislation & Regulation 1/11/2019 Rail News: Federal Legislation & Regulation Rhode Island business park awarded grant for freight-rail project Rail-car volume in the Quonset Business Park has tripled since 2007. Photo – Quonset Development Corp. A $3 million federal grant has been awarded to help support Quonset Development Corp.'s (QDC) freight-rail…
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(John Kemp is a Reuters market analyst. The views expressed are his own) * Chartbook: https://tmsnrt.rs/2HjMiXV LONDON, Jan 11 (Reuters) - By the end of last year, hedge fund positions in diesel had fallen to a level normally associated with a sharp slowdown in economic growth if not an outright recession. Most middle distillate fuels…
Rail News Home Federal Legislation & Regulation 1/7/2019 Rail News: Federal Legislation & Regulation Canadian environmental agency seeks public feedback on proposed Kamloops yard The planned North Thompson Rail Terminal would cover 67 acres. Photo – Source: North Thompson Rail Terminals Inc. The Canadian Environmental Assessment Agency (CEAA) is seeking public input to decide whether…
Rail News Home Federal Legislation & Regulation 1/7/2019 Rail News: Federal Legislation & Regulation DeFazio to chair House Transportation and Infrastructure Committee U.S. Rep. Peter DeFazio (D-Ore.) Photo – DeFazio's office U.S. Rep. Peter DeFazio (D-Ore.) last week was elected chairman of the House Transportation and Infrastructure Committee for the 116th Congress. DeFazio had been…
Rail News Home Federal Legislation & Regulation 1/4/2019 Rail News: Federal Legislation & Regulation APTA: Commuter roads met PTC deadline requirements at 2018's end The North County Transit District has installed PTC along its line in San Diego County. Photo – NCTD All commuter-rail systems have met the congressional end-of-2018 deadline requirements for positive train…
Rail News Home Federal Legislation & Regulation 1/3/2019 Rail News: Federal Legislation & Regulation Senate confirms Fuchs, Oberman appointments to STB The U.S. Senate yesterday confirmed Patrick Fuchs and Martin Oberman as Surface Transportation Board (STB) commissioners. Fuchs has been a senior professional staff member working on surface transportation and maritime issues for the Senate…
Rail News Home Federal Legislation & Regulation 1/2/2019 Rail News: Federal Legislation & Regulation USDOT: Four railroads fully met PTC implementation deadline Employees at work in Metra's PTC lab. Photo – Metra As of Dec. 31, four railroads had fully implemented positive train control (PTC) systems and all others mandated to adopt the technology had…
Rail News Home Federal Legislation & Regulation 12/27/2018 Rail News: Federal Legislation & Regulation FRA allows Denver RTD to proceed with corrective plan The University of Colorado A Line operates to Denver International Airport. Photo – RTD-Denver The Federal Railroad Administration (FRA) determined the Regional Transportation District of Denver (RTD) recently filed corrective action plan…
Rail News Home Federal Legislation & Regulation 12/27/2018 Rail News: Federal Legislation & Regulation STB reveals four Class Is were 'revenue adequate' in 2017 The Surface Transportation Board (STB) announced last week that the Class Is that achieved "revenue adequacy" for 2017 were BNSF Railway Co., Norfolk Southern Corp.'s combined railroad subsidiaries, Canadian Pacific's Soo…
Rail News Home Federal Legislation & Regulation 12/26/2018 Rail News: Federal Legislation & Regulation FRA provides grants for 11 PTC projects Amtrak’s first host-owned territory that was implemented with PTC involved BNSF subdivisions. Photo – Amtrak The Federal Railroad Administration (FRA) announced late last week it awarded $46.3 million in grants for 11 positive train…