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CP-KCS merger raises Texas concerns from other Class 1 railroads
July 28th, 2022
Updated July 29, 2022 - TRA Newswire -Several Class 1 railroads are raising concerns over freight rail congestion in the Houston region and access to international rail gateways at the Texas-Mexico border in Surface Transportation Board (STB) hearings on the...
DART may give away $270 million to cities — and Dallas could get nearly half
July 27th, 2022
July 27, 2022 - Masstransitmag.com - Dallas Area Rapid Transit is considering a one-time payout of $270 million in excess revenue to Dallas and the 12 other North Texas cities it serves as long as they use the funds on transportation-related...
Union Pacific Q2 net the same, carloads down / Signs largest loco upgrade deal ever
July 27th, 2022
July 27, 2022 - TRA Newswire -Financial wise: Second quarter net income was static $1.8 billion, earnings per share up slightly Power wise: $1 billion agreement with Wabtec Fort Worth plant will modernize 600 locomotivesUnion Pacific Corporation (NYSE: UNP) today reported...
Texas State Railroad wins 2022 Tripadvisor Travelers' Choice Award
July 27th, 2022
July 27, 2022 - TRA Newswire -The Texas State Railroad (TSR), one of the premier tourist railroads in the country, has been recognized by TripAdvisor as a 2022 Travelers' Choice award winner.TSR runs excursion trains between Palestine and Rusk in...
Texas entities are speaking up for state rail funding with letters and resolutions
July 26th, 2022
July 26, 2022 - TRA Newswire -From the West Texas city of San Angelo to East Texas Hopkins County, local and regional entities have started petitioning the Texas Department of Transportation, the Texas Transportation Commission and House and Senate Transportation...
TxDOT budget request shows $21 million for Railway-Highway crossing upgrades, nothing else for rail
July 20th, 2022
Funding is only for Railway-Crossing fundingNo additional "ask" to participate in competitive federal rail grants with a state match, even with billions to become available from the state Rainy Day Fund - July 20, 2022 - TRA Austin -Every two years...
Texas Rail Advocates petitions TxDOT to participate in FRA Corridor ID Program
July 16th, 2022
July 18, 2022 - TRA Newswire - Texas Rail Advocates, in letters to elected and appointed state officials this week, pinpointed three specific passenger rail opportunities that could be eligible for federal grants and assistance under a recently announced Federal Railroad...
Joint venture picks up 1158 acres for future rail-served park in Greater Houston
July 13th, 2022
July 11, 2022 - Bluebonnetnews.com -Liberty Development Partners, a joint effort between Connor Investment Real Estate and Logistics and Development Resources, today announced the acquisition of CMC Railroad and Gulf Inland Logistics Park, a 1,158-acre rail served industrial park. Adjacent...
NETEX: Rail operator Freedom Rail making inroads, state of Texas starting to help
July 11th, 2022
July 11, 2022 - TRA Newswire -The Texas Department of Transportation Rail Division Director Jeff Davis had some good news for the 40-plus statewide short line railroads at the Southwestern Rail Conference in Dallas in April. "We recognize the important...
When completed: Fort Worth-based Rio Grande Pacific will operate first major rail project in 30 years
July 11th, 2022
July 11, 2022 - TRA Newswire -When construction is completed, Fort Worth-based Rio Grande Pacific will operate and maintain the first major rail project in the U.S. for over 3 decades, the Uinta Basin Railway. The final regulatory obstacle to...