Genesee & Wyoming sold for 6.4 billion Dollars
The American railway company Genesee & Wyoming Inc (G&W) has been sold. Canada’s Brookfield Asset Management Inc and Singaporean sovereign wealth fund GIC on Monday agreed to acquire the freight railroad owner. The company owns...Read moreAlmost all railways in US operate positive train control
The vast majority of the main freight railroads in the US are operating positive train control (PTC) today: 83,2 per cent of the required Class I PTC route miles. This was concluded by the Association...Read more
New rail freight service to link the US and Mexico
US rail freight company Kansas City Southern (KSC) plans to link SW International Gateway Business Park, located close to Houston, Texas to Mexico by rail and road. In addition, KSC, will offer freight forwarding services...Read more
New rail freight centre in border area US-Mexico
The Mexican subsidiary of the American railway company Kansas City Southern (KCS) will develop a new rail freight logistics centre near Nuevo Laredo, a Mexican border city, in addition to a railway line connecting the...Read more