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Daily Headlines

FRA makes available $396 million for rail capital projects

(Source: Federal Railroad Administration press release, October 7, 2019) WASHINGTON, D.C. — The U.S. Department of Transportation’s (USDOT) Federal Railroad Administration (FRA) today issued a Notice of Funding Opportunity (NOFO) for the Federal-State Partnership for...

STB issues NPRM focusing on railroad sector’s cost of capital

(Source: Logistics Management, October 7, 2019) MORGANVILLE, N.J. — The United States Surface Transportation Board (STB) an economic regulatory agency charged by Congress with the fundamental missions of resolving railroad rate and service disputes and reviewing...

Metra looks to buy new locomotives, rail cars with state capital money

(Source: Chicago Tribune, October 8, 2019) CHICAGO — Metra expects to spend close to $2.6 billion in the next five years on locomotives, rail cars, bridges, stations and other improvements that could potentially speed the daily commutes of Chicago-area residents. Full...

GM submits confidential proposal to UAW as strike grinds on

(Source: Detroit Free Press, October 7, 2019) DETROIT — General Motors submitted a new contract proposal to the UAW on Monday morning as the union's nationwide strike against GM entered its fourth week, the Free Press was told. The company was still awaiting the...

Intermodal freight continues shift to East Coast, benefiting trucking

(Source: Freight Waves, October 7, 2019) CHATTANOOGA, Tenn. — Container volume growth on the East Coast of North America continues to outpace growth on the West Coast, despite longer ocean transit times and higher prices from Asia. But the eastern railroads are not...

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