short lines
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Rail
Short line tax credit could become permanent
The coronavirus relief bill that passed Congress includes language that would make permanent a tax credit encouraging short line railroads to invest in capital projects.
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Rail
Short line shorts: Jaguar grows network, OmniTRAX adds rail-ready sites
Jaguar acquires five short lines, while OmniTRAX readies more business-ready sites.
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Rail
US DOT revamps loan program for short line railroads
The U.S. Department of Transportation hopes the changes will help more short line and regional railroads modernize and upgrade their infrastructure.
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Rail
OmniTRAX establishes audit committee to guide company’s growth plans
The short line operator prepares itself to manage future growth opportunities.
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Rail
OmniTRAX courts potential customers with rail-ready sites
The short line operator is working with local economic development commissions to develop rail-ready sites for industrial use.
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Rail
OmniTRAX’s Winchester and Western readies commercial development sites in West Virginia
OmniTRAX is looking for interested parties seeking to develop commercial facilities along its West Virginia rail lines.
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Rail
Railroads must adopt technological strategies to stay relevant
A report from Boston Consulting Group suggests that the Class I railroads must look beyond precision scheduled railroading and operating ratios if the industry wants…
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Rail
Rail groups pleased with coronavirus stimulus package
Freight rail trade and labor groups applaud the U.S. federal government for passing the $2 trillion stimulus package aimed at stabilizing the American economy amid…
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Rail
Short lines seek temporary waivers from FRA due to coronavirus
The requests to waive the Federal Railroad Administration’s regulations on random alcohol and drug testing and on certain rail operations are due to social distancing…
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Rail
Regional Rail to acquire Carolina Coastal Railway
The acquisition will expand Regional Rail’s short line operations into North Carolina.
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